Another big project for VSN

VERESEN $8.60 (Toronto symbol VSN; Shares outstanding: 295.8 million; Market cap: $2.6 billion; TSINetwork Rating: Average; Div. yield: 11.6%; www.vereseninc.com) and KKR & Co. LP (symbol KKR on New York) formed a joint venture called Veresen Midstream in late 2014.

The partners then bought natural… Read More

VERESEN $11.60 – Toronto symbol VSN

VERESEN $11.60 (Toronto symbol VSN; Shares outstanding: 292.0 million; Market cap: $3.2 billion; TSINetwork Rating: Average; Dividend yield: 8.6%; www.vereseninc.com) and KKR & Co. LP (symbol KKR on New York) formed a joint venture in late 2014 called Veresen Midstream.

The partners then bought natural gas… Read More

Secure contracts cut VSN’s risk

VERESEN $11.60 (Toronto symbol VSN; Shares outstanding: 292.0 million; Market cap: $3.2 billion; TSINetwork Rating: Average; Dividend yield: 8.6%; www.vereseninc.com) and KKR & Co. LP (symbol KKR on New York) formed a joint venture in late 2014 called Veresen Midstream.

The partners then bought natural… Read More

ENCANA $17.05 – Toronto symbol ECA

ENCANA $17.05 (Toronto symbol ECA; Shares outstanding: 741.2 million; Market cap: $14.0 billion; TSINetwork Rating: Average; Dividend yield: 2.1%; www.encana.com) has sold its natural gas pipelines and compression facilities in B.C.’s Montney region. The buyer is a partnership between Veresen (Toronto symbol VSN and a.. Read More

Encana takes aim at its debt

ENCANA $17.05 (Toronto symbol ECA; Shares outstanding: 741.2 million; Market cap: $14.0 billion; TSINetwork Rating: Average; Dividend yield: 2.1%; www.encana.com) has sold its natural gas pipelines and compression facilities in B.C.’s Montney region. The buyer is a partnership between Veresen (Toronto symbol VSN and a.. Read More

The Successful Investor Hotline – Friday, April 10, 2015

CAE INC., $14.74, Toronto symbol CAE, announced this week that it has sold five flight simulators to airlines in the U.S. and Asia. It will also build a new facility in Bogota, Colombia, to train pilots for the Viva Colombia airline under a long-term agreement.

With… Read More

VERESEN $16.23 – Toronto symbol VSN

VERESEN $16.23 (Toronto symbol VSN; Shares outstanding: 279.6 million; Market cap: $4.7 billion; TSINetwork Rating: Average; Dividend yield: 6.2%; www.vereseninc.com) owns pipelines, power plants and gas-processing facilities across North America.

A major holding is 50% of the Alliance gas line, which runs 3,000 kilometres between… Read More

ENCANA CORP. $15 – Toronto symbol ECA

ENCANA CORP. $15 (Toronto symbol ECA; Conservative Growth Portfolio, Resources sector; Shares outstanding: 741.0 million; Market cap: $11.1 billion; Price-to-sales ratio: 1.6; Dividend yield: 2.2%; TSINetwork Rating: Average; www.encana.com) has agreed to sell its natural gas pipelines and compression facilities in B.C.’s Montney region to… Read More

Updating Shawcor Ltd., Encana Corp. and IGM Financial Inc.

SHAWCOR LTD. $38 (Toronto symbol SCL; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 64.5 million; Market cap: $2.5 billion; Price-to-sales ratio: 1.4; Dividend yield: 1.6%; TSINetwork Rating: Average; www.shawcor.com) makes sealants and coatings that keep oil and gas pipelines from rusting. It also… Read More