Most actively traded companies on the TSX

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

Toronto Stock Exchange (15,346.44, down 66.16 points):

Connacher Oil and Gas Ltd. (TSX:CLL). Oil and gas. Unchanged at 1.5 cents on 7.7 million shares.

Pacific Rubiales Energy Corp. (TSX:PRE). Oil and gas. Down 28 cents, or 7.25 per cent, to $3.58 on 6.6 million shares.

Legacy Oil + Gas Inc. (TSX:LEG). Oil and gas. Down four cents, or 1.48 per cent, to $2.67 on 6.02 million shares.

Encana Corp. (TSX:ECA). Oil and gas. Up 12 cents, or 0.73 per cent, to $16.67 on 5.6 million shares.

Teck Resources Ltd. (TSX:TCK.B). Miner. Down $1.09, or 6.44 per cent, to $15.83 on 4.9 million shares. The Vancouver-based company, which delivered an earnings report that missed estimates, is slashing its dividend by two-thirds in response to current low commodity prices and the diversified mining company’s outlook.

North American Palladium Ltd. (TSX:PDL). Miner. Up 1.5 cents, or 27.27 per cent, to seven cents on 4.4 million shares.

Companies reporting major news:

Canadian National Railway (TSX:CNR). Down $2.57, or 3.08 per cent, to $80.78 on 2.3 million shares and Canadian Pacific Railway (TSX:CP). Down $5.14, or 2.17 per cent, to $232.12 on 390,328 shares. The two big railways both reported earnings that beat analyst estimates and both foresee higher profits and improved operating efficiency this year. But they also noted they face volatility in crude and grain shipments and are weary of the possibility of negative surprises in the economy.

Rogers Communications Inc. (TSX:RCI.B). Telecommunications. Up 20 cents, or 0.48 per cent, to $42.06 on 3.8 million shares. On Monday, Rogers reported that first-quarter profits dropped 17 per cent mainly as it spent more to keep customers from migrating to competitors as a result of changes mandated by the CRTC. On Tuesday, CEO Guy Laurence said the company planned to revamp is billing process to make it more consumer friendly amid a general push to improve the customer experience and reduce churn in future.