Imperial cuts its debt

IMPERIAL OIL $41.07 (Toronto symbol IMO; Shares outstanding: 847.6 million; Market cap: $35.2 billion; TSINetwork Rating: Average; Dividend yield: 1.5%; www.imperialoil.ca) is Cana da’s third-largest publicly traded oil company, after Suncor Energy (No. 1) and Canadian Natural Resources (No. 2).
In the quarter ended December 31,… Read More

Investing in Commodity Stocks

Investing in Commodity Stocks

Here are some tips on successfully investing in commodity stocks
There are four primary categories of commodities currently traded on the market: Energy (gasoline, oil, etc.) Metals (gold, silver, platinum and copper) Livestock (pigs, cows, etc.) and Agricultural (corn, cocoa, coffee, cotton, etc.)
Note that resource and… Read More

New pipelines a plus for these oil producers

Ottawa recently approved a plan to double capacity on the Trans Mountain pipeline, which pumps crude oil from Alberta to Vancouver. As well, U.S. President Donald Trump has signed an executive order giving conditional approval to TransCanada’s proposed Keystone XL pipeline. This project would transport… Read More