mckeough
With both the price of gold and its share price declining, our outlook on senior mining stock Goldcorp as it pushes ahead with new projects.
Heavy equipment dealer Toromont Industries is profiting as strength in construction and power markets offsets weaker demand in mining.
Thanks to its big client base and high-quality rigs, we see Precision Drilling as a stock poised for a big rebound when oil prices recover.
Today we look at one of Canada’s most intriguing penny stocks. Mountain Province Diamonds holds 49% of the Gahcho Kue diamond mine, which is currently being built in the Northwest Territories. The partnership of DeBeers Canada with this junior Canadian diamond stock gives the project special interest. It also raises the possibility of a takeover. A member of Pat McKeough’s Inner Circle who owns Mountain Province wished to know whether to continue to hold the stock or sell it. In response, Pat McKeough examines the ownership structure of the companies behind the project, the mine’s production prospects and how they affect the speculative appeal of Mountain Province. ...
Almost a century of uninterrupted dividends and a forceful growth strategy make 3M Company one of our Best Buys in U.S. stocks.
Microsoft’s Nokia purchase didn’t work out well, but cloud computing helps it remain one of the leading blue chip stocks in the tech world
An improved U.S. housing market helps Canadian growth stock Hardwood Distribution, but we view this stock as a very aggressive investment.
With other properties sold off, IAMGold is focused solely on its gold mines, which we think enhances its prospects for aggressive investors.
Today, we look at a hedged ETF, a BMO dividend fund that Pat McKeough was asked to evaluate by a Member of his Inner Circle....
Today, we look at a value stock that has the potential for a strong rebound when oil and gas prices recover. Enerflex, an independent company since it was spun off by Toromont Industries (Toronto symbol TIH) in 2011, is a major supplier of equipment to the natural gas industry. A timely U.S. acquisition in 2014 has helped Enerflex generate positive earnings despite a decline in orders, and also enhances the company’s international growth prospects. And the dividend, which yields 3.2%, appears safe.
ENERFLEX LTD. (Toronto symbol EFX; www.enerflex.com) rents and sells equipment and services for natural gas production, including compression and processing plants, refrigeration gear and power generators.
On June 30, 2014, the company closed its $431- million U.S. acquisition of two businesses owned by privately held Axip Energy Services: an international contract compression and processing subsidiary and a division that provides aftermarket services.
In the three months ended June 30, 2015, Enerflex’s revenue fell 8.3%, to $389.7 million from $424.9 million a year earlier. But earnings per share more than doubled, to $0.34 from $0.15. International contributions from the Axip businesses pushed up earnings and almost offset weaker revenue in the U.S. and Canada. However, falling oil and gas prices are now hurting the company’s orders.
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ENERFLEX LTD. (Toronto symbol EFX; www.enerflex.com) rents and sells equipment and services for natural gas production, including compression and processing plants, refrigeration gear and power generators.
On June 30, 2014, the company closed its $431- million U.S. acquisition of two businesses owned by privately held Axip Energy Services: an international contract compression and processing subsidiary and a division that provides aftermarket services.
In the three months ended June 30, 2015, Enerflex’s revenue fell 8.3%, to $389.7 million from $424.9 million a year earlier. But earnings per share more than doubled, to $0.34 from $0.15. International contributions from the Axip businesses pushed up earnings and almost offset weaker revenue in the U.S. and Canada. However, falling oil and gas prices are now hurting the company’s orders.
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