Alberta’s rail plan will benefit CN

CANADIAN NATIONAL RAILWAY CO. $106 (Toronto symbol CNR; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 728.3 million; Market cap: $77.2 billion; Price-to-sales ratio: 5.6; Dividend yield: 1.7%; TSINetwork Rating: Above Average; recently signed a three-year contract to ship 50,000 to 60,000 barrels of Cenvous’s… Read More

Cenovus ships by rail

CENOVUS ENERGY $13.42 (Toronto symbol CVE; Shares outstanding: 1.2 billion; Market cap: $16.5 billion; TSINetwork Rating: Average; Dividend yield: 1.5%; has signed three-year deals with CN Rail (symbol CNR on Toronto) and CP Rail (symbol CP on Toronto) to transport 100,000 barrels per day of crude from Northern Alberta to… Read More