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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CENOVUS ENERGY, $27.82, is a buy for long-term gains. The company (Toronto symbol CVE; Shares outstanding: 1.9 billion; Market cap: $50.4 billion; TSINetwork Rating: Average; Dividend yield: 2.6%; www.cenovus.com) has evacuated some of the workers at its Sunrise oil sands project due to wildfires in Northern Alberta.
Even so, the facility continues to operate at normal levels....
Even so, the facility continues to operate at normal levels....
CGI INC., $145.45, Toronto symbol GIB.A, is your #1 Aggressive Buy for 2024.
The company is Canada’s largest provider of computer outsourcing services. It helps its clients automate certain routine functions like accounting and buying supplies....
The company is Canada’s largest provider of computer outsourcing services. It helps its clients automate certain routine functions like accounting and buying supplies....
CENOVUS ENERGY INC. $27 is a buy. Canada’s third-largest oil producer (Toronto symbol CVE; Conservative Growth Portfolio, Resources sector; Shares outstanding: 1.9 billion; Market cap: $51.3 billion; Price-to-sales ratio: 0.9; Dividend yield 2.7%; TSINetwork Rating: Average; www.cenovus.com) has modified its shareholder return policy.
Right now, Cenovus returns 50% of its free cash flow (after capital expenditures) to shareholders in the form of higher dividends and share buybacks....
Right now, Cenovus returns 50% of its free cash flow (after capital expenditures) to shareholders in the form of higher dividends and share buybacks....
BCE INC., $45.96, Toronto symbol BCE, is still your #1 Income Buy for 2024.
The company is Canada’s largest traditional telephone service provider. It has 1.98 million residential customers in Ontario, Quebec, Manitoba and the Atlantic provinces....
The company is Canada’s largest traditional telephone service provider. It has 1.98 million residential customers in Ontario, Quebec, Manitoba and the Atlantic provinces....
Cenovus Energy remains committed to a 100% free cash flow distribution once it pays down its debt - meanwhile its shares continue to surge.
TC ENERGY INC., $49.73, Toronto symbol TRP, remains a buy.
TC generates steady cash flow for investors mainly through a 93,600-kilometre pipeline network that pumps natural gas from Alberta to eastern Canada and the U.S. Its other operations include 4,900 kilometres of crude oil pipelines and nine power plants.
The company has agreed to sell its stake in Prince Rupert Gas Transmission Holdings Ltd., which is planning to build a 900-kilometre natural gas pipeline in northern B.C....
TC generates steady cash flow for investors mainly through a 93,600-kilometre pipeline network that pumps natural gas from Alberta to eastern Canada and the U.S. Its other operations include 4,900 kilometres of crude oil pipelines and nine power plants.
The company has agreed to sell its stake in Prince Rupert Gas Transmission Holdings Ltd., which is planning to build a 900-kilometre natural gas pipeline in northern B.C....
In addition to Suncor (see page 41), we also like the outlook for these three oil producers. Like Suncor, they have used their stronger cash flows in the past few years to pay down debt. That is giving them more room for dividend increases and share buybacks.
IMPERIAL OIL LTD....
IMPERIAL OIL LTD....
METRO INC., $71.12, is a buy. The company (Toronto symbol MRU; Shares outstanding: 227.0 million; Market cap: $16.3 billion; TSINetwork Rating: Average; Dividend yield: 1.9%; www.metro.ca) will close its produce distribution centre based in Ottawa in May....
CENOVUS ENERGY INC. $24 is a buy. The country’s third-largest oil producer (Toronto symbol CVE; Conservative Growth Portfolio, Resources sector; Shares outstanding: 1.9 billion; Market cap: $45.6 billion; Price-to-sales ratio: 0.8; Dividend yield 2.3%; TSINetwork Rating: Average; www.cenovus.com) plans to spend between $4.5 billion and $5.0 billion on exploration and upgrades in 2024....
CENOVUS ENERGY, $23.42, is a buy for long-term gains. The company (Toronto symbol CVE; Shares o/s: 1.9 billion; Market cap: $44.4 billion; TSINetwork Rating: Average; Yield: 2.4%; www.cenovus.com) expects to spend between $4.5 billion and $5.0 billion on exploration and upgrades in 2024....