Cenovus Energy Inc.
CANADIAN PACIFIC KANSAS CITY LTD., $109.93, Toronto symbol CP, is your #1 Conservative Buy for 2023.
The company took its current form on April 14, 2023, when Canadian Pacific Railway Ltd. completed its acquisition of U.S.-based railway Kansas City Southern.
CP paid $31 billion U.S....
The company took its current form on April 14, 2023, when Canadian Pacific Railway Ltd. completed its acquisition of U.S.-based railway Kansas City Southern.
CP paid $31 billion U.S....
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 yield: 3.2%) operates four core properties: Montney (B.C.), Permian (Texas), Anadarko (Oklahoma) and Uinta (Utah)....
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 yield: 3.2%) operates four core properties: Montney (B.C.), Permian (Texas), Anadarko (Oklahoma) and Uinta (Utah)....
BCE INC., $60.28, Toronto symbol BCE, is a buy.
The company is Canada’s largest traditional telephone service provider. It has 2.19 million residential customers in Ontario, Quebec, Manitoba and the Atlantic provinces. BCE also has 4.26 million high-speed Internet users and 2.75 million TV subscribers (satellite and fibre-optic)....
The company is Canada’s largest traditional telephone service provider. It has 2.19 million residential customers in Ontario, Quebec, Manitoba and the Atlantic provinces. BCE also has 4.26 million high-speed Internet users and 2.75 million TV subscribers (satellite and fibre-optic)....
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 Lake property, 900 kilometres northwest of Edmonton, due to the wildfires in Alberta....
Despite a recent decision by OPEC to cut production, crude oil prices are still down about 10% since the start of 2023. That’s largely due to slowing economic growth in China, even after lifting most COVID-19 restrictions. High interest rates have also increased fears of a slowdown in the U.S....
TECK RESOURCES LTD., $63.11, Toronto symbol TECK.B, remains a buy for investors seeking long-term gains from the Resources sector of their portfolio.
The company has cancelled its plan to spin off its metallurgical coal (a key ingredient in steelmaking) operations as a separate firm.
That’s due to difficulty securing the required two-thirds approval of the class B shareholders (1 vote per share), particularly as Switzerland-based mining firm Glencore plc (Over-the-counter Pink Sheets symbol GLCNF) has offered to acquire the company for about $23 billion U.S....
The company has cancelled its plan to spin off its metallurgical coal (a key ingredient in steelmaking) operations as a separate firm.
That’s due to difficulty securing the required two-thirds approval of the class B shareholders (1 vote per share), particularly as Switzerland-based mining firm Glencore plc (Over-the-counter Pink Sheets symbol GLCNF) has offered to acquire the company for about $23 billion U.S....
TORONTO-DOMINION BANK, $89.05, Toronto symbol TD, is a buy.
In March 2022, TD agreed to acquire U.S. banking firm First Horizon Corporation (New York symbol FHN) for $13.4 billion U.S. The purchase will make TD’s banking operations the sixth largest in the U.S.
TD and First Horizon have agreed to extend the closing date to May 27, 2023....
In March 2022, TD agreed to acquire U.S. banking firm First Horizon Corporation (New York symbol FHN) for $13.4 billion U.S. The purchase will make TD’s banking operations the sixth largest in the U.S.
TD and First Horizon have agreed to extend the closing date to May 27, 2023....
CENOVUS ENERGY, $25.29, is a buy for long-term gains. The company (Toronto symbol CVE; Shares o/s: 1.9 billion; Market cap: $48.0 billion; TSINetwork Rating: Extra Risk; Divd. yield: 2.1%; www.cenovus.com) recently agreed to buy the 50% of an oil refinery in Toledo, Ohio, that it doesn’t already own....
CENOVUS ENERGY INC. $26 is a buy. The company (Toronto symbol CVE; Conservative Growth Portfolio, Resources sector; Shares outstanding: 1.9 billion; Market cap: $49.4 billion; Price-to-sales ratio: 0.7; Dividend yield 1.8%; TSINetwork Rating: Extra Risk; www.cenovus.com) recently agreed to buy the 50% of a oil refinery in Toledo, Ohio, that it doesn’t already own....
IMPERIAL OIL LTD., $70.33, is a buy. The company (Toronto symbol IMO; Shares o/s: 584.2 million; Market cap: $42.5 billion; TSINetwork Rating: Average; Dividend yield: 2.5%; www.imperialoil.ca) is Canada’s third-largest publicly traded oil company after Canadian Natural Resources (No....