Canadian National Railway Co. (TSX: T.CNR, Stock Forum) briefly hit $104.89 on Thursday before closing at $104.62, for an increase of 2.85%.
The railway company announced it would increase shipments of heavy northern Alberta crude oil through LBC Tank Terminals' expanded terminal at Sunshine, located within the Geismar, Louisiana, Industrial Complex, starting in March 2013.
The new service is part of CN's plan to develop new markets for northern Alberta crude oil on the east side of the Mississippi River near the Gulf of Mexico.
The second company to make the 52-week-high list was Vermillion Energy Inc. (TSX: T.VET, Stock Forum). The stock hit a new peak of $53.25, before closing at $53.23, for an increase of 2.31%.
On Feb. 15, the oil-leveraged producer announced a cash dividend of $0.20 per share payable on March 15, 2013 to all shareholders of record on February 28, 2013.