imperial oil
Toronto symbol IMO, is Canada’s largest integrated oil company. It also operates over 1,900 retail gas stations under the “Esso” banner. ExxonMobil owns 69.6% of Imperial’s stock.
Imperial Oil is one of Canada’s largest and oldest energy companies, operating across the full oil and gas value chain—from exploring and producing crude oil and natural gas to refining fuels and marketing products under well-known brands like Esso and Mobil. Headquartered in Calgary, the company plays a major role in Canada’s energy sector, including significant involvement in oil sands development, petrochemicals, and transportation fuels, and it is majority-owned by ExxonMobil.
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Ottawa recently approved a plan to double capacity on the Trans Mountain pipeline, which pumps crude oil from Alberta to Vancouver. As well, U.S. President Donald Trump has signed an executive order giving conditional approval to TransCanada’s proposed Keystone XL pipeline....
We have lots of attractive long-term buys among the stocks we cover, and we’re positive on the long-term outlook for stocks. We feel just as strongly about the need to diversify.
That’s why we’ve chosen three top picks for 2017 from our Stock Pickers Digest recommendations....
That’s why we’ve chosen three top picks for 2017 from our Stock Pickers Digest recommendations....
IMPERIAL OIL LTD. $46 (Toronto symbol IMO; Conservative Growth and Income Portfolios, Shares outstanding: 847.6 million; Market cap: $39.0 billion; Price-to-sales ratio: 1.7; Dividend yield: 1.3%; TSINetwork Rating: Average; www.imperialoil.ca) is Canada’s second-largest publicly traded oil company, after Suncor Energy....
IMPERIAL OIL $46.86 (Toronto symbol IMO; Shares outstanding: 847.6 million; Market cap: $39.7 billion; TSINetwork Rating: Average; Dividend yield: 1.3%; www.imperialoil.ca) is Canada’s third-largest publicly traded oil company, after Suncor Energy (No. 1) and Canadian Natural Resources (No....
IMPERIAL OIL LTD. $48 (Toronto symbol IMO; Cyclical-Growth Dividend Payer Portfolio; Resources sector; Shares outstanding: 847.6 million; Market cap: $40.7 billion; Price-to-sales ratio: 1.8; Dividend yield: 1.3%; Dividend Sustainability Rating: Above Average; www.imperialoil.ca) is Canada’s second-largest integrated oil company, after Suncor Energy....
Our energy investing tips and list of energy stocks will help you better spread your money out among top energy shares
Dear client,
Oil prices have moved up to $45 U.S. from their January 2016 low of $34. Even so, crude prices are likely to remain volatile over the next year or so.
We feel most investors will benefit from keeping about 10% to 15% of their stock portfolios in the resources sector.
We also recommend sticking to larger integrated oil producers such as Imperial Oil....
Oil prices have moved up to $45 U.S. from their January 2016 low of $34. Even so, crude prices are likely to remain volatile over the next year or so.
We feel most investors will benefit from keeping about 10% to 15% of their stock portfolios in the resources sector.
We also recommend sticking to larger integrated oil producers such as Imperial Oil....
While Imperial Oil (see page 111) is our top oil stock, we also like the outlook for these three industry firms.
They have all cut their costs, which should rapidly expand their earnings and cash flow as crude prices continue to recover. Moreover, their high-quality reserves should last decades.
SUNCOR ENERGY INC....
They have all cut their costs, which should rapidly expand their earnings and cash flow as crude prices continue to recover. Moreover, their high-quality reserves should last decades.
SUNCOR ENERGY INC....
LOBLAW COMPANIES $65.13 (Toronto symbol L; Shares outstanding: 404.5 million; Market cap: $26.6 billion; TSINetwork Rating: Above Average; Dividend yield: 1.6%; www.loblaw.ca) currently operates over 1,100 supermarkets across Canada. In March 2014, the company purchased the Shoppers Drug Mart chain of 1,300 drugstores.
The company continues to expand its popular President’s Choice brand of products....
The company continues to expand its popular President’s Choice brand of products....
IMPERIAL OIL LTD. $43 (Toronto symbol IMO; Conservative Growth and Income Portfolios, Shares outstanding: 847.6 million;Market cap: $36.4 billion; Price-to-sales ratio: 1.6; Dividend yield:1.4%; TSI Network Rating: Average; www.imperialoil.ca) is seeking regulatory approval for two new oil sands projects in Alberta....