Imperial Oil Ltd.

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.

LOBLAW COMPANIES, $89.11, is a buy. The company (Toronto symbol L; Shares outstanding: 338.2 million; Market cap: $30.1 billion; TSINetwork Rating: Above Average; Dividend yield: 1.6%; www.loblaw.ca) launched a new mobile phone app called PC Health in 2020....
We recommend that all investors keep some exposure to oil, particularly as the world economy rebounds from COVID-19 shutdowns. Still, integrated producers, such as these two, remain the best way to cut your risk and protect your income.


SUNCOR ENERGY INC....
Even though oil demand and prices continue to rebound from last year’s COVID-19-induced lows, Suncor’s shares have suffered. That’s partly due to problems that will delay the ramp-up of its Fort Hills oil sands project in northern Alberta. However, cost savings from Suncor’s takeover of the day-to-day operations of the Syncrude project should give it more cash for share buybacks and dividends.


SUNCOR ENERGY INC....

IMPERIAL OIL LTD., $33.21, is a buy. The company (Toronto symbol IMO; Shares o/s: 711.7 million; Market cap: $24.9 billion; TSINetwork Rating: Average; Dividend yield: 3.0%; www.imperialoil.ca) is teaming up with four other oil sands operators in Alberta (Suncor, Cenovus, Canadian Natural Resources and MEG Energy) in an effort to cut their greenhouse gas emissions.


The five firms will connect their oil sands facilities in the Fort McMurray and Cold Lake regions to a central carbon sequestration hub....
IMPERIAL OIL LTD. $36 is also a buy. This company (Toronto symbol IMO; Conservative and Income Growth Portfolios, Resources sector; Shares outstanding: 734.1 million; Market cap: $26.4 billion; Price-to-sales ratio: 1.2; Dividend yield: 2.6%; TSINetwork Rating: Average; www.imperialoil.ca) is teaming up with four other oil sands operators in Alberta (Suncor, Cenovus, Canadian Natural Resources and MEG Energy) in an effort to cut their greenhouse gas emissions.


The five firms will connect their oil sands facilities in the Fort McMurray and Cold Lake regions to a central carbon sequestration hub....
Buying the top Canadian energy stocks can strengthen your resource sector holdings if you follow this advice. Learn more in this article now.
Each year, major industry associations such as Lipper and Fundata produce lists of award-winning mutual funds and ETFs. Here’s a close look at a few of their top winners.


As well, please check out the Supplement on page 60 That’s where we highlight factors contributing to top ETFs.


DYNAMIC ACTIVE GLOBAL DIVIDEND ETF $47.48 (Toronto symbol DXG; TSINetwork ETF Rating: Aggressive; Market cap: $1.2 billion) invests globally in firms that pay a dividend or are expected to pay a dividend....
TC ENERGY INC., $61.60, is a buy. The company (Toronto symbol TRP; Shares outstanding: 978.2 million; Market cap: $59.7 billion; TSINetwork Rating: Above Average; Dividend yield: 5.7%; www.tcenergy.com) generates steady cash flow for investors mainly through a 93,300-kilometre pipeline network that pumps natural gas from Alberta to eastern Canada and the U.S....
Oil prices continue to rebound from their 2020 lows as more parts of the global economy reopen with the rollout of COVID-19 vaccines. OPEC’s commitment to maintain its current production cuts also helps support prices.


That’s good news for these four high-quality producers....
Alimentation Couche-Tard has rewarded our subscribers with big gains over the years. We first recommended it in our December 2008 issue at $15.50 a share. Since then, the stock has split 3-for-1 and then 2-for-1. That takes our cost down to $2.58 a share—and gives you a tremendous 1,447.7% gain!

Meanwhile, the company’s outlook remains positive, and we think the shares can go a lot higher....