TORONTO 鈥� Some of the most active companies traded Friday on the Toronto Stock Exchange:
Toronto Stock Exchange (22,308.93, down 66.90 points):
Baytex Energy Corp. (TSX:BTE). Energy. Down 41 cents, or 7.99 per cent, to $4.72 on 16.5 million shares.
Enbridge Inc. (TSX:ENB). Energy. Up 53 cents, or 1.04 per cent, to $51.67 on 12.3 million shares.聽
Tourmaline Oil Corp. (TSX:TOU). Energy. Down $2.28, or 3.38 per cent, to $65.09 on 9.2 million shares.聽
Manulife Financial Corp. (TSX:MFC). Finance. Up 41 cents, or 1.17 per cent, to $35.60 on 9.0 million shares.聽
Toronto-Dominion Bank. (TSX:TD). Finance. Up 62 cents, or 0.81 per cent, to $77.38 on 7.7 million shares.聽
Barrick Gold Corp. (TSX:ABX). Mining. Down 16 cents, or 0.69 per cent, to $23.14 on 7.3 million shares.聽
Companies in the news:
Enbridge Inc. (TSX:ENB). Energy. Up 53 cents, or 1.04 per cent, to $51.67. Enbridge Inc.'s proposal to build a major carbon storage hub in Alberta remains on the table, the company said Friday, despite Capital Power's recent decision to shelve its own $2.4-billion project associated with the plan. Enbridge reported Friday its first-quarter profit fell compared with a year ago as it recorded a non-cash, net unrealized derivative fair value loss, as well as costs related to job cuts announced in February. On an adjusted basis, the company reported earnings of $2.0 billion or $0.92 per common share, an eight per cent increase from the previous year's quarter.
Transat A.T. Inc. (TSX:TRZ). Hotels, Lodging and Leisure. Down 10 cents, or 2.83 per cent, to $3.43. Travel company Transat A.T. Inc. says it expects to fall short of its financial guidance for the year. The Montreal-based company said it will likely not achieve its adjusted earnings before interest, taxes, depreciation and amortization margin forecast for its 2024 financial year. The parent company of Air Transat said operational challenges related to Pratt & Whitney's GTF1 engines, market dynamics and the consequences of union strike threats have created a volatile environment. The company said it will provide an update about its performance and strategies when it reports its second-quarter results on June 6.
This report by The Canadian Press was first published May 10, 2024.
The Canadian Press
