The Successful Investor Hotline – Thursday, May 6, 2016

SUNCOR ENERGY INC., $33.84, Toronto symbol SU, has had to reduce production at its main oil sands operations about 25 kilometres north of Fort McMurray, Alberta, due to severe wildfires.

In the quarter ended March 31, 2016, these operations accounted for 95% of Suncor’s bitumen… Read More

Mining Stocks: New mine, low gas prices lift Agrium

Low natural gas prices boosted profit for fertilizer maker Agrium Inc., despite a drop in sales. Reduced crop prices and the high U.S. dollar contributed to its revenue decline.

AGRIUM INC. (Toronto symbol AGU; www.agrium.com) continues to shift away from making… Read More

AGRIUM INC. $114

AGRIUM INC. $114 (Toronto symbol AGU; Aggressive Growth Portfolio, Resources sector; Shares outstanding: 138.2 million; Market cap: $15.8 billion; Price-to-sales ratio: 1.1; Dividend yield: 4.3%; TSINetwork Rating: Average; www.agrium.com) continues to benefit from its shift away from making fertilizers to selling them, along with seeds… Read More

New mine, low gas prices lift Agrium

AGRIUM INC. $114 (Toronto symbol AGU; Aggressive Growth Portfolio, Resources sector; Shares outstanding: 138.2 million; Market cap: $15.8 billion; Price-to-sales ratio: 1.1; Dividend yield: 4.3%; TSINetwork Rating: Average; www.agrium.com) continues to benefit from its shift away from making fertilizers to selling them, along with seeds… Read More

Canadian Pacific Railway $159.03 – Toronto symbol CP

CANADIAN PACIFIC RAILWAY $159.03 (Toronto symbol CP; Shares outstanding: 153.8 million; Market cap: $25.5 billion; TSINetwork Rating: Above Average; Yield: 0.9%; www.cpr.ca) reported 5.9% lower freight volumes in the latest quarter, mainly because of falling prices for oil, minerals and other commodities.

In the three… Read More

CP cuts will fuel gains

CANADIAN PACIFIC RAILWAY $159.03 (Toronto symbol CP; Shares outstanding: 153.8 million; Market cap: $25.5 billion; TSINetwork Rating: Above Average; Yield: 0.9%; www.cpr.ca) reported 5.9% lower freight volumes in the latest quarter, mainly because of falling prices for oil, minerals and other commodities.

In the three… Read More

Don’t sell oil company stocks on impulse

Selling your oil company stocks at the bottom is a bad idea.

Many investors are reading the news intently these days, in hopes of spotting a sign that the drop in oil prices has ended and that oil company stocks will start rising again… Read More