Aggressive Investing
Bargain Stocks
Blue Chip Stocks
Capital Gains Tax
Commodity Investments
Conservative Investing
Gold Stocks
Green Stocks
Growth Stocks
Income Investing
Income Trusts
Investing for Beginners
Investment Counsellor
Market Analysis
Mining Stocks
Mutual Funds
Penny Stocks
Portfolio Management
Real Estate Investing
Retirement Planning
Royalty Trusts
Stock Investing
Stock Market
Tax Shelters
Tech Stocks
Trading Stocks Online
World Stock Market
- Week in Review: May 6, 2013 – May 10, 2013
- AltaGas aims to spur new growth with major acquisitions
- Profits from oil and gas drilling equipment should let this stock keep its dividend high
- Investor Toolkit: Why you should never take faith in dividends to extremes
- High-yielding Veresen looks to focused acquisitions to keep its dividend high
More Recent Articles
Pension Fund Pressure a Plus
Posted by: Pat McKeough Filed in: Commodity Investments, Conservative Investing, Growth Stocks
PETRO-CANADA $28 (Toronto symbol PCA; Conservative Growth Portfolio, Resources sector; Shares outstanding: 484.6 million; Market cap: $13.6 billion; Price-to-sales ratio: 0.5; SI Rating: Average) has moved up from its low of $20 in November 2008, partly due to growing pressure from the Ontario Teachers’ Pension Plan, which now owns 3.3% of Petro-Canada’s shares.
Ottawa has capped the amount that any single individual can own at 20%, so it’s unlikely that Teachers’ will fully take Petro-Canada over. However, the pension fund will try to persuade the company to work to improve its stock price, possibly by selling its investments in politically risky countries like Libya and Syria. This would free up cash for more promising projects, including Petro-Canada’s Fort Hills oil-sands development.
Petro-Canada is a buy.
Permalink: http://www.tsinetwork.ca/?p=20555
Tags: AL, ALE, CH, F, FUN, GE, HIS, ICE, invest, investments, L, M, N, NT, OIL, PCA, Petro-Canada, portfolio, RC, RT, RY, T, TA, THI, TM, TRI, WIN, WN, YRI
Related
Would you like us to inform you when new articles are posted?
What do you think? Go ahead and add your comment.
Free Subscription to
The Successful Investor Network Daily
- Daily investment advice you can act on
- Free access to our special stock market reports
- Plus much, much more! Try it today
Free Reports
- The 10 Best Practices of Successful Investors
- Finding the Real Blue Chip Stocks: The Power and Security of Canada's Best Dividend Stocks
- CP Rail: The Making of a #1 Stock Pick
- Bargain Stocks: Your Guide to Finding the Best Undervalued Stocks
- Dividend Paying Stocks: How High Dividend Stocks Can Supercharge Your Income Investing
|
||||
TSI Network Products
In today's economy, it's more important than ever to have clear investment advice that is tailored to your own personal goals. This is where Pat McKeough's conservative safe-investing philosophy comes in. Through TSI Network, you get access to reports, monthly newsletters and premium services that go beyond the daily headlines to give you all the advice and information you need to build a portfolio with long-term growth potential. Simply click on the links below to discover which service is right for you.
TSI Premium Services
