Imperial ups its spending

IMPERIAL OIL LTD., $46.58, is a buy. The company (Toronto symbol IMO; Shares o/s: 695.6 million; Market cap: $32.8 billion; TSINetwork Rating: Average; Dividend yield: 2.3%; www.imperialoil.ca) is Canada’s third-largest publicly traded oil company after Canadian Natural Resources (No. 1) and Suncor. U.S.-based ExxonMobil (New York symbol XOM)… Read More

Enjoy 5.3% yield from Suncor Energy Inc.

Enjoy 5.3% yield from Suncor Energy Inc.

Oil stocks continue to rebound from their 2020 lows as oil and gas prices push to multi-year highs.

And thanks to new caps on greenhouse gas emissions, we feel those prices will remain elevated as producers focus on improving efficiency rather than spending on exploration… Read More

Take advantage of rising crude prices

Oil stocks continue to rebound from their 2020 lows as the re-opening of the global economy pushes oil and gas prices to multi-year highs. We feel those prices will remain elevated, as producers focus on improving their efficiency instead of spending more on exploration given… Read More