Refineries make Chevron the better choice

The slowing global economy continues to weigh on oil prices. That, in turn, has hurt the stock prices of oil producers.
We still advise investors to maintain some exposure to oil. For new buying, however, we prefer integrated producers like Chevron over exploration firms like Apache… Read More

Apache ready to offset lower prices

APACHE CORP. $27 (New York symbol APA; Aggressive Growth Portfolio, Resources sector; Shares outstanding: 375.9 million; Market cap: $10.1 billion; Price-to-sales ratio: 1.4; Dividend yield: 3.7%; TSINetwork Rating: Average; www.apachecorp.com) produces oil and natural gas from properties in the U.S., Egypt and the U.K.
Due to weaker crude… Read More

Output to rise despite spending cut

APACHE CORP. $34 (New York symbol APA; Aggressive Growth Portfolio, Resources sector; Shares outstanding: 379.5 million; Market cap: $12.9 billion; Price-to-sales ratio: 1.8; Dividend yield: 3.0%; TSINetwork Rating: Average; www.apachecorp.com) produces oil and natural gas from properties in the U.S., Egypt and the U.K.
Due to weaker crude… Read More

Newmont is the better Resource buy

NEWMONT MINING CORP. $30 (New York symbol NEM; Aggressive Growth Portfolio, Resources sector; Shares outstanding: 533.4 million; Market cap: $16.0 billion; Price-to-sales ratio: 2.2; Dividend yield: 1.8%; TSINetwork Rating: Average; www.newmont.com) is one of the world’s largest gold and copper producers. The company’s mines are in North… Read More

Two big buys pay off

PARAMOUNT RESOURCES $13.61 (Toronto symbol POU; TSINetwork Rating: Speculative) (403-290-3600; www.paramountres.com; Shares outstanding: 132.2 million; Market cap: $1.8 billion; No dividends paid) owns oil and gas properties in Alberta and B.C.
The company completed two big transactions in the 2017 third quarter. The first was the takeover of Trilogy… Read More