Cenovus Energy Inc.
CANADIAN PACIFIC RAILWAY LTD., $105.96, Toronto symbol CP, is your #1 Conservative Buy for 2023.
CP ships freight over a 23,700-kilometre rail network, mainly between Montreal and Vancouver. It also links to hubs in the U.S. Midwest and Northeast.
This is the fifth year in a row we’ve picked CP as our #1 Conservative stock....
CP ships freight over a 23,700-kilometre rail network, mainly between Montreal and Vancouver. It also links to hubs in the U.S. Midwest and Northeast.
This is the fifth year in a row we’ve picked CP as our #1 Conservative stock....
CENOVUS ENERGY, $24.43, is a buy for long-term gains. The company (Toronto symbol CVE; Shares outstanding: 1.9 billion; Market cap: $46.9 billion; TSINetwork Rating: Extra Risk; Dividend yield: 1.9%; www.cenovus.com) is now Canada’s third-largest producer of oil and natural gas, and the country’s second-largest refiner.
Cenovus plans to spend between $4.0 billion and $4.5 billion on exploration and upgrades in 2023....
Cenovus plans to spend between $4.0 billion and $4.5 billion on exploration and upgrades in 2023....
CANADIAN IMPERIAL BANK OF COMMERCE, $58.52, Toronto symbol CM, remains a buy for long-term gains.
The stock has dropped 10% since the start of December, mainly due to concerns that rising interest rates will slow demand for new residential mortgages and refinancing....
The stock has dropped 10% since the start of December, mainly due to concerns that rising interest rates will slow demand for new residential mortgages and refinancing....
Like Imperial Oil (see page 1), these three oil and gas producers are also benefitting from higher energy prices and moderating capital spending plans. That’s freeing up more cash for dividends and debt repayments.
We continue to see all three as high-quality buys for the Resources portion of your portfolio....
We continue to see all three as high-quality buys for the Resources portion of your portfolio....
BCE INC., $61.75, Toronto symbol BCE, is your #1 Income Buy for 2022.
The company is Canada’s largest traditional telephone service provider: it has 2.16 million residential customers in Ontario, Quebec, Manitoba and the Atlantic provinces. BCE also has 4.07 million high-speed Internet users and 2.74 million TV subscribers (satellite and fibre-optic)....
The company is Canada’s largest traditional telephone service provider: it has 2.16 million residential customers in Ontario, Quebec, Manitoba and the Atlantic provinces. BCE also has 4.07 million high-speed Internet users and 2.74 million TV subscribers (satellite and fibre-optic)....
CENOVUS ENERGY, $28.17, is a buy for long-term gains. The company (Toronto symbol CVE; Shares outstanding: 1.9 billion; Market cap: $53.2 billion; TSINetwork Rating: Extra Risk; Dividend yield: 1.5%; www.cenovus.com) is now one of Canada’s top-tier producer of oil and natural gas following its all-stock acquisition of rival oil producer Husky Energy Inc....
Even though oil and gas prices are down about a third from their recent peaks, they remain elevated compared to the past few years. Those high prices are letting Cenovus and Ovintiv pay down debt, which cuts their risk. Both are also increasing the cash they send to shareholders.
CENOVUS ENERGY INC....
CENOVUS ENERGY INC....
TECK RESOURCES LTD., $39.63, Toronto symbol TECK.B, remains a buy for investors seeking long-term gains from the Resources sector of their portfolio.
The company is a leading producer of metallurgical coal, a key ingredient in steelmaking. It also produces copper and zinc....
The company is a leading producer of metallurgical coal, a key ingredient in steelmaking. It also produces copper and zinc....
CENOVUS ENERGY, $24.64, remains a buy for long-term gains. The company (Toronto symbol CVE; Shares outstanding: 1.9 billion; Market cap: $47.6 billion; TSINetwork Rating: Extra Risk; Dividend yield: 1.7%; www.cenovus.com) has now agreed to buy the 50% of an oil refinery in Toledo, Ohio, that it doesn’t already own from U.K.-based oil giant BP plc (New York symbol BP).
In exchange, Cenovus will pay $300 million U.S....
In exchange, Cenovus will pay $300 million U.S....
CAE INC., $27.56, Toronto symbol CAE, remains a buy for long-term gains.
The company is a leading maker of flight simulators for commercial and military aircraft. It also operates pilot-training schools in over 35 countries and makes mannequins and other medical-simulators for training health professionals.
CAE reported lower-than-expected revenue and earnings for its latest quarter....
The company is a leading maker of flight simulators for commercial and military aircraft. It also operates pilot-training schools in over 35 countries and makes mannequins and other medical-simulators for training health professionals.
CAE reported lower-than-expected revenue and earnings for its latest quarter....