Deal helps move more oil

CENOVUS ENERGY INC. $12 (Toronto symbol CVE; Conservative Growth Portfolio, Resources sector; Shares outstanding: 1.2 billion; Market cap: $14.4 billion; Price-to-sales ratio: 0.7; Dividend yield: 1.7%; TSINetwork Rating: Extra Risk; www.cenovus.com) acquired 100% of its main oil sands properties in Alberta—Christina Lake and Foster Creek—in May 2017… Read More

Cenovus is a top oil buy

CENOVUS ENERGY $11.83 (Toronto symbol CVE; Shares o/s: 1.2 billion; Market cap: $14.5 billion; TSINetwork Rating: Average; Dividend yield: 1.7%; www.cenovus.com) acquired 100% of its main oil sands properties in Alberta in May 2017. It did that through the purchase of the 50% stake held by… Read More

We still prefer Cenovus over Encana

Both crude oil and natural gas prices have moved up since the start of 2018. Still, we feel U.S. sanctions on Iranian oil will further lift oil prices. At the same time, rising North American production of shale natural gas should hurt overall gas prices… Read More

How to realize big benefits from a holding company discount

How to realize big benefits from a holding company discount

A holding company discount represents a great hidden opportunity for investor profit.
Even in 2017, a holding company discount is a little-understood phenomenon in finance. It represents a special kind of hidden asset and source of potential profit for investors in holding companies.

A holding company is… Read More