TORONTO - Some of the most active companies traded Wednesday on the Toronto Stock Exchange and the TSX Venture Exchange:
Toronto Stock Exchange (13,243.40 down 4.66 points):
Talisman Energy Inc. (TSX:TLM). Oil and gas. Up two cents, or 0.16 per cent, at $12.62 on 8.85 million shares.
Surge Energy Inc. (TSX:SGY). Oil and gas. Up 17 cents, or 2.53 per cent, at $6.89 on 6.59 million shares. After the market closed Tuesday, the company announced two light oil acquisitions for a total of $282 million in cash and shares, boosting its 2013 and 2014 production guidance and increasing its annual dividend 16 per cent to 50 cents per share.
Encana Corp. (TSX:ECA). Natural gas. Up 36 cents, or 1.92 per cent, at $19.15 on six million shares. Third-quarter operating earnings at the natural gas giant were well below last year's but beat estimates by a wide margin amid significant cost reductions.
Athabasca Oil Corp. (TSX:ATH). Oil and gas. Down two cents, or 0.33 per cent, at $6.13 on 5.51 million shares.
B2Gold Corp. (TSX:BTO). Miner. Down nine cents, or 3.37 per cent, at $2.58 on 5.46 million shares. The gold sector was one of the leading decliners, down 2.33 per cent to 178.31 points as the price of the bullion finished at US$1,334 an ounce, down $8.60.
Toronto Venture Exchange (966.87 down 4.81 points):
Selwyn Resources Ltd. (TSXV:SWN). Miner. Unchanged at 8.5 cents on 7.36 million shares.
Mart Resources Inc. (TSXV:MMT). Oil and gas. Down a penny, or 0.85 per cent, at $1.17 on 7.12 million shares.
Company reporting major news:
Canadian Pacific Railway Ltd. (TSX:CP). Railway. Up $13.79, or 10.23 per cent, at $148.53 on 1.32 million shares. The railway reported record earnings and revenue and its best operating ratio ever in the third quarter. CP earned $324 million or $1.84 per share, up from $224 million or $1.30 per share in the same year-earlier period. Total revenue increased by six per cent to $1.5 billion.
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