Fossil fuels will be around for a while yet

Oil and gas prices have pulled back lately, but still remain high. Meanwhile, demand should remain elevated for several years to come as the world continues to rely on fossil fuels even as it shifts to more-sustainable renewable energy sources.
Here are three ETFs that focus… Read More

Our updates for safety-conscious investors

TC ENERGY INC., $49.10, is a buy. The company (Toronto symbol TRP; Shares outstanding: 1.0 billion; Market cap: $48.9 billion; TSINetwork Rating: Above Average; Dividend yield: 7.6%; www.tcenergy.com.) has proposed building a new pumped storage hydro power project near Meaford, Ontario. The system would pump water from Georgian Bay… Read More

Two Canadian producers for new buying

We feel all investors should maintain some exposure to oil and gas—and here are two Canadian leaders we think have lots of growth ahead.
OVINTIV INC., $50.35, is a buy. The energy producer (Toronto symbol OVV; Shares outstanding: 276.3 million; Market cap: $13.7 billion; TSINetwork Rating: Average; Dividend… Read More

Small setback for Cenovus

CENOVUS ENERGY INC. $24 is a buy. Canada’s third-largest producer of oil and natural gas (Toronto symbol CVE; Conservative Growth Portfolio, Resources sector; Shares outstanding: 1.9 billion; Market cap: $45.6 billion; Price-to-sales ratio: 0.7; Dividend yield 2.3%; TSINetwork Rating: Average; www.cenovus.com) had to curtail operations at its Rainbow… Read More