oil and gas
Pennsylvania-based Vanguard Group is one of the world’s largest investment management companies. In all, it administers almost $3 trillion U.S. across 175 mutual funds and ETFs.
Generally speaking, Canadians can’t buy units of mutual funds that are registered in the U.S., because these investments aren’t registered with provincial securities commissions....
Generally speaking, Canadians can’t buy units of mutual funds that are registered in the U.S., because these investments aren’t registered with provincial securities commissions....
Most of the mining and energy stocks held in a flow through entity are highly speculative.
Shawcor Ltd. has $2.6 billion out in contract bids, something that could expand its 2017 profits by 15 times the 2016 for earnings per share.
PLEASE NOTE: Due to the Canada Day holiday, our next Hotline will go out on Thursday, June 30, 2016.
ALIMENTATION COUCHE-TARD, $52.30, symbol ATD.B on Toronto, has agreed to buy the Premium 7 chain in Estonia for an undisclosed amount.
The purchase comprises 23 fuel stations—11 full-service, with convenience stores; and 12 self-service.
With the transaction, Couche-Tard’s network in Estonia will grow by 40% and will total 77 company-operated stores and fuel stations....
ALIMENTATION COUCHE-TARD, $52.30, symbol ATD.B on Toronto, has agreed to buy the Premium 7 chain in Estonia for an undisclosed amount.
The purchase comprises 23 fuel stations—11 full-service, with convenience stores; and 12 self-service.
With the transaction, Couche-Tard’s network in Estonia will grow by 40% and will total 77 company-operated stores and fuel stations....
TRANSCANADA CORP., $55.59, Toronto symbol TRP, announced this week that it will build a new 800-kilometre natural gas pipeline in Mexico.
The project—called Sur de Texas-Tuxpan—will cost $2.1 billion U.S. and is part of a new joint venture agreement with Sempra Energy (New York symbol SRE).
The company will contribute $1.3 billion U.S....
The project—called Sur de Texas-Tuxpan—will cost $2.1 billion U.S. and is part of a new joint venture agreement with Sempra Energy (New York symbol SRE).
The company will contribute $1.3 billion U.S....
Fastenal Company is increasing its dividend by 7% on improved sales and earnings per share—that’s despite falling demand from oil and gas clients.
STANTEC INC. $32.74 (Toronto symbol STN; TSINetwork Rating: Extra Risk) (780-917-7288; www.stantec.com; Shares outstanding: 113.9 million; Market cap: $3.7 billion; Dividend yield: 1.4%) sells a range of consulting, project-delivery, design and technology services....
DELPHI ENERGY $1.03 (Toronto symbol DEE; TSINetwork Rating: Speculative) (403-265-6171; www.delphienergy.ca; Shares outstanding: 155.5 million; Market cap: $161.7 million; No dividends paid) explores for, develops and produces oil and natural gas. About 64% of its output is gas; the remaining 36% is oil....
ENERFLEX LTD. $10.51 (Toronto symbol EFX; TSINetwork Rating: Extra Risk) (403-387-6377; www.enerflex.com; Shares outstanding: 79.2 million; Market cap: $817.3 million; Dividend yield: 3.2%) rents and sells equipment and services for natural gas production—from compression and processing plants to refrigeration gear and power generators....
TOROMONT INDUSTRIES LTD. $37.38 (Toronto symbol TIH; TSINetwork Rating: Extra Risk) (416-667- 5511; www.toromont.com; Shares outstanding: 78.0 million; Market cap: $2.9 billion; Dividend yield: 1.9%) distributes a broad range of industrial equipment, including machinery made by Caterpillar Inc....