Energy Stocks

What are energy stocks?

Businesses that work in the extraction, refining and delivery of energy sources such as natural gas, oil, uranium and coal, are considered energy stocks.

Resource and commodity stocks in general should make up only a limited portion of your portfolio—say less than 20% for a conservative investor or as much as 30% for an aggressive investor. And as part of that segment, energy stocks could make up, say half of that total. The rest could be fertilizer stocks, mining stocks and so on.

Oil and gas stocks have been below-average performers lately, and many investors are tempted to get out of the industry altogether. However, the energy sector can play a crucial role in your portfolio as a hedge against inflation. The low inflation rates of the past couple of decades deserve some of the blame for the poor performance of the sector. However, energy stocks will likely rebound in years to come as the global economy recovers.

  1. Invest mainly in well-established companies;
  2. Spread your money out across most if not all of the five main economic sectors (Manufacturing & Industry; Resources & Commodities; Consumer; Finance; Utilities);
  3. Downplay or avoid stocks in the broker/media limelight.

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Energy Stocks Library Archives

Our updates for safety-conscious investors

IMPERIAL OIL LTD., $76.53, is a buy. The company (Toronto symbol IMO; Shares o/s: 604.8 million; Market cap: $47.2 billion; TSINetwork Rating: Average; Dividend yield: 2.3%; www.imperialoil.ca) will raise your quarterly dividend by 29.4% with the January 2023 payment. Investors will then receive $0.44 a share instead of… Read More

Chevron remains your top oil pick

Chevron rebounded strongly as re-opening of the global economy lifted crude oil prices—the stock is up 62% in the past year compared to the 14% drop for the S&P 500 Index.
While oil prices could suffer if the economy weakens, higher profits from Chevron’s refining operations… Read More

Birchcliff Energy rewards its shareholders

Oil and gas stocks have moved up lately as the U.S. and other economies recover. Birchcliff Energy shares have almost tripled over the last year. Still, the shares remain cheap for investors looking to profit from the continuing energy rebound.
BIRCHCLIFF ENERGY, $10.72, is a buy. The company… Read More

IMO invests in lithium

IMPERIAL OIL LTD., $64.87, is a buy. The company (Toronto symbol IMO; Shares o/s: 636.7 million; Market cap: $41.3 billion; TSINetwork Rating: Average; Dividend yield: 2.1%; www.imperialoil.ca) is teaming up with E3 Lithium Ltd. (Toronto Venture symbol ETL) to extract lithium from below the historic Leduc oil field,… Read More

APA doubles its dividend

APA CORP. $35 is a hold. The company (New York symbol APA; Aggressive Growth Portfolio, Resources sector; Shares outstanding: 338.2 million; Market cap: $11.8 billion; Price-to-sales ratio: 1.1; Dividend yield: 2.9%; TSINetwork Rating: Average; www.apacorp.com) produces oil and natural gas in the U.S., Egypt and the U.K.
Thanks to… Read More

Imperial Oil taps lithium deposit

IMPERIAL OIL LTD. $64 is a buy. This company (Toronto symbol IMO; Conservative and Income Growth Portfolios, Resources sector; Shares outstanding: 636.7 million; Market cap: $40.7 billion; Price-to-sales ratio: 0.9; Dividend yield: 2.1%; TSINetwork Rating: Average; www.imperialoil.ca) gets about 60% of its production from oil sands operations in… Read More

Cenovus boosts refining

CENOVUS ENERGY, $24.64, remains a buy for long-term gains. The company (Toronto symbol CVE; Shares outstanding: 1.9 billion; Market cap: $47.6 billion; TSINetwork Rating: Extra Risk; Dividend yield: 1.7%; www.cenovus.com) has now agreed to buy the 50% of an oil refinery in Toledo, Ohio, that it doesn’t already own… Read More

Oil prices spur Chevron profit

CHEVRON CORP. $163 is a buy. The company (New York symbol CVX; Conservative Growth Portfolio, Resources sector; Shares outstanding: 2.0 billion; Market cap: $326.0 billion; Price-to-sales ratio: 1.5; Dividend yield: 3.5%; TSINetwork Rating: Average; www.chevron.com) is the second-largest integrated oil producer in the U.S. by revenue after ExxonMobil… Read More

These safety-conscious stocks remain buys

OVINTIV INC., $60.20, is a buy. The energy producer (Toronto symbol OVV; Shares outstanding: 258.1 million; Market cap: $16.1 billion; TSINetwork Rating: Average; Dividend yield: 2.1%) operates three core properties: Montney (B.C.), Anadarko (Oklahoma) and Permian (Texas). In addition to natural gas, these fields produce large amounts of… Read More

IMO focuses on core assets

IMPERIAL OIL LTD., $56.91, is a buy. The company (Toronto symbol IMO; Shares outstanding: 636.7 million; Market cap: $37.7 billion; TSINetwork Rating: Average; Dividend yield: 2.4%; www.imperialoil.ca) is Canada’s third-largest publicly traded oil company after Canadian Natural Resources (No. 1) and Suncor. U.S.-based ExxonMobil (New York symbol XOM)… Read More

Cenovus adds to oil sands

CENOVUS ENERGY, $26.18, remains a buy for long-term gains. The company (Toronto symbol CVE; Shares outstanding: 2.0 billion; Market cap: $51.6 billion; TSINetwork Rating: Extra Risk; Dividend yield: 1.6%; www.cenovus.com) has agreed to buy the 50% of the Sunrise oil sands property in northern Alberta that it doesn’t already… Read More

IMO meets buyback target

IMPERIAL OIL LTD., $63.54, is a buy. The company (Toronto symbol IMO; Shares outstanding: 636.7 million; Market cap: $40.5 billion; TSINetwork Rating: Average; Dividend yield: 2.1%; www.imperialoil.ca) has completed its plan to buy back $2.5 billion of its common shares through a Dutch auction process.
Under the plan, Imperial… Read More