SUNCOR ENERGY INC. $33 – Toronto symbol SU

SUNCOR ENERGY INC. $33 (Toronto symbol SU; Conservative Growth Portfolio, Resources sector; Shares outstanding: 1.6 billion; Market cap: $52.8 billion; Price-to-sales ratio: 1.7; Dividend yield: 1.2%; SI Rating: Average) became Canada’s largest oil company when it bought Petro-Canada (old symbol PCA) on August 1, 2009… Read More

Merger sets the stage for growth

Suncor is new to our Conservative Growth Portfolio. We added it last August after it bought Petro-Canada, one of our long-time recommendations.

We avoided Suncor before the merger. Its focus on high-cost oil-sands production made it more volatile than other high-quality oil companies, and left it… Read More

ENCANA CORP. $93 – Toronto symbol ECA

ENCANA CORP. $93 (Toronto symbol ECA; Conservative Growth Portfolio, Resources sector; Shares outstanding: 750.0 million; Market cap: $69.8 billion; SI Rating: Average) is a leading North American producer of natural gas and oil.

The company took its current form in April 2002 through the merger of… Read More

EnCana’s split unlocks value

EnCana encountered some skepticism when it shifted its focus from conventional energy production into unconventional gas and oil sands properties. These properties are costlier to develop and slower to generate a profit, but they have much greater long-term potential.

The company’s latest move to add value… Read More