oil and gas
We continue to believe there’s room for most investors to hold aggressive stocks, which typically are more leveraged (with more debt) and volatile than conservative stocks.
Still, to cut your risk, you should limit aggressive stocks to no more than 20% of your total portfolio....
Still, to cut your risk, you should limit aggressive stocks to no more than 20% of your total portfolio....
A: We still feel that investors will profit the most with a well-balanced portfolio of high-quality individual stocks, but ETFs can also play a role in a portfolio. Here’s a look at the ETFs you’ve asked about:
Energy Select Sector SPDR ETF, $83.70, symbol XLE on New York (Units outstanding: 424.4 million; Market cap: $35.5 billion; www.ssga.com), provides exposure to companies in the oil, gas and consumable fuel, energy equipment and services industries.
The fund’s MER is just 0.10%....
Energy Select Sector SPDR ETF, $83.70, symbol XLE on New York (Units outstanding: 424.4 million; Market cap: $35.5 billion; www.ssga.com), provides exposure to companies in the oil, gas and consumable fuel, energy equipment and services industries.
The fund’s MER is just 0.10%....
We first recommended Canadian Pacific Railway (now called Canadian Pacific Kansas City) in the first issue of The Successful Investor in January 1995.
The stock moved up for our subscribers in the late 1990s, though much more slowly than Internet and technology stocks....
The stock moved up for our subscribers in the late 1990s, though much more slowly than Internet and technology stocks....
MANULIFE FINANCIAL, $29.72, is a buy. This safety-conscious blue-chip company (Toronto symbol MFC; Shares o/s: 1.8 billion; Market cap: $53.8 billion; TSINetwork Rating: Above Average; Yield: 4.9%; www.manulife.ca) is one of Canada’s largest life insurers....
Here’s the text of my latest letter to our Portfolio Management clients, sent in November 2023:
“As I began work on this letter to our portfolio clients, an interesting and thought-provoking question came in from a member of our Inner Circle.
The member asked,
“Pat, I know you recommend diversification among individual stocks and stock groups, and between the U.S....
“As I began work on this letter to our portfolio clients, an interesting and thought-provoking question came in from a member of our Inner Circle.
The member asked,
“Pat, I know you recommend diversification among individual stocks and stock groups, and between the U.S....
Demand for Major Drilling’s specialized services has now recovered. Meanwhile, Computer Modelling is benefiting from expanding oil and gas drilling in response to overall higher energy prices. We think there are still gains ahead for both stocks.
MAJOR DRILLING, $8.98, is a buy. This large contract driller (Toronto symbol MDI; TSINetwork: Speculative) (majordrilling.com; Shares outstanding: 82.1 million; Market cap: $752.0 million; No dividends paid) is a large industry player, mainly serving the mining industry.
In the quarter ended October 31, 2023, the company’s revenue rose 2.6%, to $207.0 million from $201.7 million a year earlier....
Investing advice when Putin’s at war against Ukraine, the middle east is on fire, and there are veiled threats of tactical nuclear warfare
AGNICO EAGLE MINES LTD., $70.48, symbol AEM on Toronto, owns currently producing gold mines in Canada, Australia, Finland and Mexico.
Specifically, in Canada, it owns the La Ronde, Canadian Malarctic, Goldex, Maccassa, Detour Lake, Meliadine, Meadowbank and Hope Bay mines....
Specifically, in Canada, it owns the La Ronde, Canadian Malarctic, Goldex, Maccassa, Detour Lake, Meliadine, Meadowbank and Hope Bay mines....
ROYAL BANK OF CANADA, $132.20, Toronto symbol RY, is still a buy.
With the February 2024 payment, Royal will increase your quarterly dividend by 2.2%. Investors will then receive $1.38 a share instead of $1.35. The new annual rate of $5.52 yields 4.2%.
The bank has received final regulatory approval to buy the Canadian operations of U.K.-based HSBC Holdings plc (New York symbol HSBC).
HSBC operates 130 branches that mainly cater to businesses in industries that trade and bank internationally....
With the February 2024 payment, Royal will increase your quarterly dividend by 2.2%. Investors will then receive $1.38 a share instead of $1.35. The new annual rate of $5.52 yields 4.2%.
The bank has received final regulatory approval to buy the Canadian operations of U.K.-based HSBC Holdings plc (New York symbol HSBC).
HSBC operates 130 branches that mainly cater to businesses in industries that trade and bank internationally....
OVINTIV INC. $55 is a buy. The oil and gas producer (Toronto symbol OVV; Conservative Growth Portfolio, Resources sector; Shares outstanding: 273.7 million; Market cap: $15.1 billion; Price-to-sales ratio: 1.0; Dividend yield: 2.9%; TSINetwork Rating: Average; www.ovintiv.com) operates four core properties: Montney (B.C.), Permian (Texas), Anadarko (Oklahoma) and Uinta (Utah).
In 2024, Ovintiv expects to spend between $2.1 billion and $2.5 billion on exploration and equipment upgrades (all amounts except share price and market cap in U.S....
In 2024, Ovintiv expects to spend between $2.1 billion and $2.5 billion on exploration and equipment upgrades (all amounts except share price and market cap in U.S....