Who is Computer Modelling Group? Computer Modelling Group (symbol CMG on Toronto), is a computer software technology and consulting company specializing in the oil and gas industry. Their software provides engineers with oil and gas reservoir simulation, and three-dimensional visualization and animation. CMG profits are derived mostly from recurring revenue from software licenses and consulting contracts. That gives it long-term stability. Computer Modelling Group's software and consulting services help oil and gas producers squeeze more out of those reservoirs using advanced recovery techniques, such as injecting steam or chemicals. Typically, only 25% to 30% of oil and gas is recovered during primary production. Unconventional producers using hydraulic fracturing, or fracking, of oil and gas-bearing shale can also use Computer Modelling's software to determine optimal drilling locations and depths. CMG has customers in over 50 countries and offices in Calgary, Houston, London, Caracas, Bogota, Kuala Lumpur and Dubai. The company is a leader in complex heavy oil and oil sands simulations. We've covered Computer Modelling Group frequently over the years in our Stock Pickers Digest newsletter and have historically recommended this stock because they've consistently increased their dividends and bought back shares. They also had a 2-for-1 stock split back in 2014. Whatever stocks you buy, at TSI Network we recommend using our three-part Successful Investor philosophy:
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Traditionally, the price of most stocks, and the ETFs that hold them, drop during market declines. However, certain segments generally perform better than the overall market. Below, we highlight three ETFs focused on firms that produce and sell consumer staples. They should, as in past… Read More
Demand for Major Drilling’s specialized services, especially from senior gold producers, including Australia’s largest mining companies, is now recovering. Meanwhile, Computer Modelling is benefiting from expanding oil and gas drilling in response to higher energy prices. We think there are still gains ahead for both… Read More
ALCON INC., $66.74, is a buy. The company (symbol ALC in New York) is the world’s biggest eye-care company. Specifically, it’s the leader in ocular surgical supplies and No. 2 in contact lenses.
Alcon has just agreed to buy Aerie Pharmaceuticals, symbol AERI on Nasdaq, for… Read More
Demand for Major Drilling’s specialized services, especially from senior gold producers, including Australia’s largest mining companies, is recovering. Meanwhile, Computer Modelling is benefiting from expanding oil and gas drilling in response to higher energy prices. We think there are still gains ahead for both stocks… Read More
ALTAGAS LTD., $30.47, is still a buy. The company (symbol ALA on Toronto) processes, transports, stores and markets natural gas for producers. It also operates natural gas utilities and is a power generator, with gas-fired, coal-fired, wind, biomass and hydroelectric plants.
Almost all of AltaGas’ assets… Read More
RUSSEL METALS INC., $33.44, is a buy. Through their shares, investors tap one of North America’s largest metal distributors: the company (symbol RUS on Toronto) serves 33,000 clients at 48 locations in Canada and 16 others in the U.S.
Russel’s revenue in the three months ended… Read More
COMPUTER MODELLING GROUP, $4.40, is still a buy. The company (Toronto symbol CMG; TSINetwork Rating: Extra Risk) (www.cmgl.ca; Shares o/s 80.3 million; Market cap: $353.5 million; Dividend yield: 4.6%) reports that in the three months ended September 30, 2021, its revenue fell 10.7%, to $15.9 million from $17.9… Read More
DOMINO’S PIZZA INC., $473.04, remains a buy. Through their shares, investors gain exposure to the world’s largest chain of pizza stores offering takeout and delivery. The company (symbol DPZ on New York) operates 18,380 outlets, in the U.S. and 85 other countries. Franchisees run most… Read More
COMPUTER MODELLING GROUP LTD., $3.99, remains a buy. The company (symbol CMG on Toronto) offers software and consulting services to help conventional oil and gas producers create 3D models of reservoirs. That lets them squeeze more out of those holes using advanced recovery techniques such… Read More
MAJOR DRILLING GROUP INTERNATIONAL INC., $10.66, is a buy for aggressive investors. The company (symbol MDI on Toronto) is a large contract driller that mainly serves the mining industry.
Demand for Major Drilling’s specialized drilling services, especially from senior gold producers, is beginning to recover. That… Read More
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This privacy policy is applicable to all TSI Network Visitors, Clients, Employees, Suppliers, Web sites, Management, and all other interested parties. Any links to or from our site are not covered by this policy. We encourage you to read the privacy policies of every site that you visit.
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We are continuously in the process of improving our sites and services. If any new features or policies require a change to this current policy, we will post a clear notice of this change on pages of our site where the privacy policy appears. The principle behind this privacy policy is to collect information with your knowledge and consent.
What personal information do we collect?
The information we receive from customers helps us personalize and continually improve your online experience at TSI Network. TSI Network may collect personal information online for all legal purposes, which include, but are not limited to:
Information You Give Us: We receive and store any information you enter on our website or give us in any other way through sign-up forms or ordering forms for publications and services. You can choose not to provide certain information, but then you might not be able to take advantage of many of our services and features. We use the information that you provide for such purposes as responding to your requests, customizing your web browsing experience for you, improving our website, and communicating with you.
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Does TSI Network Use the Information It Receives?
"Contact Us" and Comment Features: TSI Network encourages visitors to its websites to contact us with questions and comments. Email addresses and other information of persons using these features may be collected in order to facilitate our responses to those inquiries.
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Changes to this Policy
This Policy is the sole authorized statement of TSI Network's practices with respect to the collection of personal information through TSI Network's websites and the subsequent use and disclosure of such information. Any summaries of this Policy generated by third party software or otherwise (for example, in connection with the "Platform for Privacy Preferences" or "P3P") shall have no legal effect, are in no way binding upon TSI Network, shall not be relied upon in substitute for this Policy, and neither supersede nor modify this Policy.
TSI Network may revise this Policy from time to time.
Legal Notices and Disclaimers
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Information presented on this web site or contained in our publications is not an offer, nor a solicitation, to buy or sell any securities referred to on the web site or in the publications. The material is general information intended for recipients who understand the risks associated with an investment in any securities referred to in the publications or on this web site. The Successful Investor has made no determination regarding whether an investment, course of action, or associated risks are suitable for the recipient.
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