cenovus energy
Cenovus Energy Inc. is a Canadian integrated oil and natural gas company headquartered in Calgary, Alberta. Its offices are located at Brookfield Place, having completed a move from the neighbouring Bow in 2019.
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LINAMAR CORP., $44, is a buy. The auto parts maker (Toronto symbol LNR; Aggressive Growth Portfolio, Manufacturing & Industry sector;
Shares outstanding: 65.4 million; Market cap: $2.9 billion; Price-to-sales ratio: 0.4; Dividend yield: 1.1%; TSINetwork Rating: Average; www.linamar.com) has rebounded 20% since falling to a low $36.74 on October 3, 2019 now that General Motors has settled a six-week long strike at its U.S....
Shares outstanding: 65.4 million; Market cap: $2.9 billion; Price-to-sales ratio: 0.4; Dividend yield: 1.1%; TSINetwork Rating: Average; www.linamar.com) has rebounded 20% since falling to a low $36.74 on October 3, 2019 now that General Motors has settled a six-week long strike at its U.S....
TECK RESOURCES LTD., $22, is a buy. The company (Toronto symbol TECK.B; Conservative Growth Portfolio, Resources sector; Shares outstanding: 558.4 million; Market cap: $12.3 billion; Price-to sales ratio: 1.0; Dividend yield: 0.9%; TSINetwork Rating: Extra Risk; www.teck.com) gets most of its revenue from its main metallurgical coal, copper and zinc operations....
Alberta’s new United Conservative government has extended the previous NDP administration’s cap on oil production in the province until the end of 2020. That’s good for investors and the industry.
While output restrictions have lifted the price for Western Canadian oil, a lack of new pipeline capacity continues to limit revenue growth for producers, and gains for investors....
While output restrictions have lifted the price for Western Canadian oil, a lack of new pipeline capacity continues to limit revenue growth for producers, and gains for investors....
FINNING INTERNATIONAL INC., $24, remains an attractive buy for our investors. The company (Toronto symbol FTT; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 163.3 million; Market cap: $3.9 billion; Price-to-sales ratio: 0.5; Dividend yield: 3.4%; TSINetwork Rating: Above Average; www.finning.com) sells and services Caterpillar heavy equipment in Western Canada, South America and the U.K....
Intense competition among traditional supermarket operators has traditionally kept their profit margins low and their success dependent on steady foot traffic. In the last decade, competition from online sellers has only helped to shrink their profit margins....
CENOVUS ENERGY $11.40, is a buy. The company (Toronto symbol CVE; Shares outstanding: 1.2 billion; Market cap: $14.0 billion; TSINetwork Rating: Average; Dividend yield: 2.2%; www.cenovus.com) continues to do a good job of paying down the loans it took out in May 2017 to buy full control of its main Alberta oil sands properties—Christina Lake and Foster Creek.
To address its debt load, the company has sold several less-important properties and aggressively cut its operating costs....
To address its debt load, the company has sold several less-important properties and aggressively cut its operating costs....
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CENOVUS ENERGY INC., $11, is a buy. The company (Toronto symbol CVE; Conservative Growth Portfolio, Resources sector; Shares outstanding: 1.2 billion; Market cap: $13.2 billion; Price-to-sales ratio: 0.6; Dividend yield: 2.3%; TSINetwork Rating: Extra Risk; www.cenovus.com) continues to do a good job paying down the loans it needed to buy full control of its two main Alberta oil sands properties—Christina Lake and Foster Creek.
In 2017, Cenovus paid $17.7 billion in cash and stock for the 50% stake of its former joint-venture partner in those operations, ConocoPhillips (New York symbol COP).
To help pay down its debt, the company has sold several of its less-important properties and aggressively cut its operating costs.
Those moves have let Cenovus slash its long-term debt from $9.5 billion at the end of 2017 to $6.5 billion as of June 30, 2019....
TELUS $47.44 (Toronto symbol T; Shares outstanding: 601.0 million; Market cap: $28.4 billion; TSINetwork Rating: Above Average; Dividend yield: 4.7%; www.telus.com) is Canada’s third-largest wireless carrier after Rogers Communications (No....
Late last year Alberta’s previous NDP government ordered oil producers in the province to cut their total daily output.
The government-imposed reduction was the result of a lack of pipeline capacity that led to a glut of stored crude in the province and helped to push down the price for Western Canadian oil....
The government-imposed reduction was the result of a lack of pipeline capacity that led to a glut of stored crude in the province and helped to push down the price for Western Canadian oil....