Most actively traded companies on the Toronto Stock Exchange | National affairs

TORONTO – Some of the most active companies traded on the Toronto Stock Exchange on Tuesday:

Toronto Stock Exchange (21,274.81, up 202.49 points.)

Crescent Point Energy Corp. (TSX:CPG). Energy. Up 22 cents, or 2.8 percent, to $8.06 on 16 million shares.

Talon Metals Corp. (TSX:TLO). materials. An increase of 10 cents, or 16.7 percent, to 70 cents on 12.4 million shares.

The Toronto Dominion Bank (TSX:TD). finances. Up 92 cents, or 0.9 percent, to $100.65 on 10.3 million shares.

Baytex Energy Corp. (TSX:BTE). Energy. Up 29 cents, or seven percent, to $4.46 on 10 million shares.

Suncor Energy Inc. (TSX:SU). Energy. Up $1.47, or 4.4 percent, to $35.18 on 9.9 million shares.

B2Gold Corp. (TSX:BTO). materials. Down seven cents, or 1.5 percent, to $4.51 on 8.3 million shares.

Companies in the news:

Canadian Natural Resources Ltd. (TSX:CNQ). $1.06 or 1.8 percent up to $60.71. Canadian Natural Resources Ltd. says it expects about $4.3 billion in capital expenditures this year, up from nearly $3.5 billion in 2021. The company says its plan includes $3.6 billion in base capital expenditures and $700 million in strategic growth spending. Production for 2022 is expected to be between 1,270,000 and 1,320,000 barrels of oil equivalent per day. Production in 2021 was estimated at 1,235,000 boepd. Canadian Natural President Tim McKay said production this year will be about 46 percent light and synthetic crude, 28 percent heavy crude and 26 percent natural gas, in the middle of the production range. Canadian Natural has locations in Western Canada, the North Sea and off the coast of Africa.

TransAlta Renewables Inc. (TSX:RNW). Down $1.62 or nine percent to $16.38. TransAlta Renewables Inc. says it will have to replace all 50 turbine foundations at a New Brunswick wind farm, where a tower collapsed last year. The company says an analysis shows that flaws in the original foundation design have caused cracks in the foundation and need to be replaced. Based on initial estimates, TransAlta says the replacement of the foundations at Kent Hills 1 and 2 wind sites is expected to cost between $75 million and $100 million. It also estimates that this will result in lost revenue of approximately $3.4 million per month on an annual basis as long as all 50 wind turbines are offline, based on average historical wind production. Revenue generation is expected to resume as wind turbines come back into operation separately after foundation replacement. The company expects the foundations to be completely replaced by the end of 2023.

This report from The Canadian Press was first published on January 11, 2022.

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