Q: Pat, may I have your thoughts on PrairieSky Royalty? Yes, I know the current price is below $10.00, but that is one of the things that interests me. Thanks.

A: PrairieSky Royalty Ltd., $9.63, symbol PSK on Toronto (Shares outstanding: 232.6 million; Market cap: $2.2 billion; www.prairiesky.com), owns oil and natural gas rights on 7.8 million acres in Western Canada. It does not drill wells or explore for new reserves. Instead, it collects royalties… Read More

5 top Canadian dividend stocks to invest in

5 top Canadian dividend stocks to invest in

Here are 5 Canadian dividend stocks we recommend holding in your portfolio during and after COVID-19
One of the key points in our three-part investment advice is to invest mainly in well-established dividend-paying stocks. The COVID-19 pandemic and the downturn it spurred in March 2020 highlights… Read More

Imperial Oil continues its expansion

IMPERIAL OIL LTD. $35 (Toronto symbol IMO; Conservative Growth and Income Portfolios, Shares outstanding: 792.7 million; Market cap: $27.7 billion; Price-to-sales ratio: 0.8; Dividend yield: 2.2%; TSINetwork Rating: Average; www.imperialoil.ca) is Canada’s third-largest publicly traded oil company, after Suncor (No. 1) and Canadian Natural Resources. U.S.-based ExxonMobil… Read More

Imperial looks to the future

IMPERIAL OIL LTD. $39.57 (Toronto symbol IMO; Shares outstanding: 795.8 million; Market cap: $30.4 billion; TSINetwork Rating: Average; Dividend yield: 1.9%; www.imperialoil.ca) is Canada’s third-largest publicly traded oil company, after Suncor (No. 1) and Canadian Natural Resources. U.S.-based ExxonMobil (New York symbol XOM) owns 69.6% of Imperial.
Imperial… Read More

Two big oil companies with gains ahead

SUNCOR ENERGY INC. $43 (Toronto symbol SU; Cyclical-Growth Payer Portfolio, Resources sector; Shares outstanding: 1.6 billion; Market cap: $68.8 billion; Dividend yield: 3.3%; Dividend Sustainability Rating: Above Average; www.suncor.com) is Canada’s largest integrated oil company, with major projects in the Alberta oil sands. It also owns four refineries… Read More