Higher oil prices offset lower output

IMPERIAL OIL LTD. $40 (Toronto symbol IMO; Conservative Growth and Income Portfolios, Shares outstanding: 837.6 million; Market cap: $33.5 billion; Price-to-sales ratio: 1.3; Dividend yield: 1.6%; TSINetwork Rating: Average; www.imperialoil.ca) is Canada’s second-largest publicly traded oil company, after Suncor. ExxonMobil (New York symbol XOM) owns… Read More

Buy these two for oil and gas exposure

IMPERIAL OIL $41.46 (Toronto symbol IMO; Shares outstanding: 844.3 million; Market cap: $34.7 billion; TSINetwork Rating: Average; Dividend yield: 1.5%; www. imperialoil.ca) is Canada’s second-largest publicly traded oil company, after Suncor. ExxonMobil (New York symbol XOM) owns 69.6% of Imperial.

About 90% of the company’s crude… Read More