Oil and gas stocks have moved up as the U.S. and other economies recover. The war in Ukraine has also spurred prices. We recommend that most investors maintain exposure to the oil and gas industry as part of a balanced portfolio. But to cut risk, you… Read More
Oil and gas stocks have moved up lately as the U.S. and other economies recover. There’s also rising optimism that vaccine rollouts will accelerate that rebound. But before prices climbed, Crescent Point and ARC Resources both took advantage of the weakness to buy major properties… Read More
The global economic slowdown resulting from the coronavirus has hit some industries especially hard. That includes airlines, hotels, casinos and restaurants—and oil and gas. But unlike many of those companies, the best energy stocks for investors continue to report positive cash flow. Equally important, your… Read More
BCE INC. $55.33, is a buy. The telecom (Toronto symbol BCE; Shares o/s: 904.3 million; Market cap: $50.0 billion; TSINetwork Rating: Above Average; Divd. yield: 6.0%; www.bce.ca) is Canada’s largest traditional telephone service provider: it has 2.7 million residential customers in Ontario, Quebec, Manitoba and the Atlantic provinces. BCE… Read More
Oil and gas prices remain under pressure, but we still believe most investors benefit from maintaining some exposure to the industry as part of a balanced portfolio. Now more than ever, however, you should stick to producers with positive cash flow—despite low energy prices. That… Read More
Lower oil and gas prices offset a 5.5% production increase in the most recent quarter for this producer as its cash flow fell 6.9% during the most-recent quarter.
However, low debt and lots of cash mean the company should comfortably weather any extended price depression for… Read More
A: Canoe EIT Income Fund, $11.12, symbol EIT.UN on Toronto (Units outstanding: 117.6 million; Market cap: $1.3 billion; www.canoefinancial.com), changed its name from EnerVest Diversified Income Trust in November 2013. The stock symbol is unchanged.
Canoe EIT is a closed-end fund that invests in a portfolio of… Read More
ARC RESOURCES $8.30 (Toronto symbol ARX; Shares outstanding: 352.1 million; Market cap: $2.9 billion; TSINetwork Rating: Speculative; Dividend yield: 7.2%; www.arcresources.com) produces oil and natural gas in Western Canada. Its average output of 136,502 barrels of oil equivalent per day is 74% natural gas and 26%… Read More