IMO’s expansion pays off

IMPERIAL OIL LTD. $43.70 (Toronto symbol IMO; Shares o/s: 802.7 million; Market cap: $34.8 billion; TSINetwork Rating: Average; Dividend yield: 1.7%; www.imperialoil.ca) has already seen the benefits of recent expansions at its Kearl oil sands property. It’s also doing a good job of controlling its operating costs.
This… Read More

Imperial is still our top oil pick

Imperial Oil has already seen the benefits of recent expansions at its Kearl oil sands property. The company is also doing a good job of controlling its operating costs.
Still, its focus on Canada adds risk. Specifically, a lack of new pipeline capacity continues to depress… Read More

Dividend increase: Imperial Oil

IMPERIAL OIL LTD. $42 (Toronto symbol IMO; Cyclical-Growth Dividend Payer Portfolio, Resources sector; Shares outstanding: 824.0 million; Market cap: $34.6 billion; Dividend yield: 1.8%; Dividend Sustainability Rating: Above Average; www.imperialoil.ca) is Canada’s second-largest publicly traded oil company, after Suncor. ExxonMobil (New York symbol OM) owns 69.6% of Imperial.
Starting with… Read More

Integrated oil producers cut your risk

We recommend conservative investors stick with well-established producers, such as Suncor and Imperial Oil, when picking Resources stocks for their portfolios. That’s mainly because the refineries of those integrated oil companies help shield them from volatile crude prices.
SUNCOR ENERGY INC. $50 (Toronto symbol SU; Conservative Growth… Read More

Updating Molson Coors Canada Inc., Precision Drilling Corp. and Imperil Oil Ltd.

MOLSON COORS CANADA INC. (Toronto symbols TPX.A $99 and TPX.B $102; Conservative Growth and Income Portfolios, Consumer sector; Shares outstanding: 215.3 million; Market cap: $22.0 billion; Price-to-sales ratio: 0.7; Dividend yield: 2.0%; TSINetwork Rating: Average; www.molsoncoors.com) acquired the remaining 58% of the MillerCoors brewing joint venture in October 2016 for… Read More