acquisition
We continue to recommend conservative investors limit their oil holdings to integrated producers such as these three. Their upstream (or producing) businesses benefit from higher crude prices. Their downstream (refining) businesses, on the other hand, convert crude into gasoline and other fuels and so profit when oil prices fall....
A: Dye & Durham Ltd., $37.67, symbol DND on Toronto (Shares outstanding: 64.4 million; Market cap: $2.5 billion; www.dyedurham.com), is a provider of cloud software (Internet-based) for legal and business professionals....
Including the top metal stocks in your portfolio can add volatility. But it can diversify your holdings, as well as boost your long-term gains.
TC ENERGY INC., $61.60, is a buy. The company (Toronto symbol TRP; Shares outstanding: 978.2 million; Market cap: $59.7 billion; TSINetwork Rating: Above Average; Dividend yield: 5.7%; www.tcenergy.com) generates steady cash flow for investors mainly through a 93,300-kilometre pipeline network that pumps natural gas from Alberta to eastern Canada and the U.S....
CENOVUS ENERGY, $9.59, remains a buy for long-term gains. The company (Toronto symbol CVE; Shares outstanding: 2.0 billion; Market cap: $19.0 billion; TSINetwork Rating: Extra Risk; Dividend yield: 0.7%.; www.cenovus.com) completed its acquisition of rival oil producer Husky Energy in January 2021.
The combined firm is now Canada’s third-largest producer of oil and natural gas, with output of about 750,000 barrels of oil equivalent per day....
The combined firm is now Canada’s third-largest producer of oil and natural gas, with output of about 750,000 barrels of oil equivalent per day....
ENERPLUS CORP., $7.14, is a buy for aggressive investors. The company (Toronto symbol ERF; Shares outstanding: 256.8 million; Market cap: $1.8 billion; TSINetwork Rating: Speculative; Dividend yield: 1.7%) has just closed its acquisition of Williston Basin assets....
With their clean, renewable power, these two companies have strong conceptual appeal for investors. But just as important—especially in the wake of the coronavirus—they have stable cash flows from their diverse mix of hydroelectric, wind and solar power. That diversity, plus their long-term contracts, will let these utility firms continue to build up their operations and add to their distributions.
BROOKFIELD RENEWABLE PARTNERS L.P....
BROOKFIELD RENEWABLE PARTNERS L.P....
International Flavors & Fragrances recently completed its merger with the nutrition and biosciences business of DuPont. This follows another major purchase—the company’s 2018 acquisition of Frutarom, an Israel-based maker of flavourings.
As we often remind investors, using acquisitions to expand adds risk....
As we often remind investors, using acquisitions to expand adds risk....
We recently added pharmaceutical maker AbbVie to our coverage. The company has strong appeal for income-seeking investors, as it has increased its dividend each year since it became a public company in 2013. As well, AbbVie could spin off part of its recent acquisition of Allergan, which would further enhance your returns.
ABBVIE INC....
ABBVIE INC....
The Finance sector offers income-seeking investors many options beyond Canadian and U.S. banks. Those include high-quality dividend payers such as insurer Intact and mutual fund-operator T. Rowe Price.
INTACT FINANCIAL CORP. $163 is a buy. The company (Toronto symbol IFC; High-Growth Dividend Payer Portfolio, Finance sector; Shares outstanding: 143.0 million; Market cap: $23.3 billion; Dividend yield: 2.0%; Dividend Sustainability Rating: Above Average; www.intactfc.com) gives you exposure to Canada’s largest provider of property and casualty insurance....