oil and gas
TC ENERGY INC., $49.10, is a buy. The company (Toronto symbol TRP; Shares outstanding: 1.0 billion; Market cap: $48.9 billion; TSINetwork Rating: Above Average; Dividend yield: 7.6%; www.tcenergy.com.) has proposed building a new pumped storage hydro power project near Meaford, Ontario....
OVINTIV INC., $64.14, is a buy. The energy producer (Toronto symbol OVV; Shares outstanding: 273.9 million; Market cap: $17.6 billion; TSINetwork Rating: Average; Dividend yield: 2.5%) recently paid private equity firm EnCap Investments L.P....
The shares of oil and gas stocks remain high as energy demand remains strong. We continue to recommend that most investors maintain some exposure to the oil and gas industry as part of a balanced portfolio. But, to cut risk, you should stick with producers that have positive cash flow even in times of low energy prices....
Exploring the Controversial Revival of the 60/40 Rule and its Impact on Investment Advisors and Clients. Keep reading for more.
BLOOMIN’ BRANDS INC., $26.75, symbol BLMN on Nasdaq, owns and franchises more than 1,475 restaurants in 47 states and 13 countries. Its restaurant brands include Outback Steakhouse, Carrabba’s Italian Grill and Bonefish Grill. The Tampa Bay, Florida-based company owns about 80% of those restaurants, with the rest franchised.
On August 18, 2023, activist investor Starboard Value filed documents with the U.S....
On August 18, 2023, activist investor Starboard Value filed documents with the U.S....
THE TJX COMPANIES, $88.82, is still a buy. The business (symbol TJX on New York) is a leading off-price retailer of clothing, accessories and home fashions. Off-price retailers purchase merchandise at below-wholesale prices and charge less than retail prices.
Through their shares, investors tap a network of stores....
Through their shares, investors tap a network of stores....
DUN & BRADSTREET HOLDINGS INC. $11 remains a buy. The company (New York symbol DNB; Aggressive Growth Portfolio, Finance sector; Shares outstanding: 439.2 million; Market cap: $4.8 billion; Price-to-sales ratio: 2.0; Dividend yield: 1.8%; TSINetwork Rating: Extra Risk; www.dnb.com) is a global provider of information and data analytics....
PULSE SEISMIC INC., $2.20, symbol PSD on Toronto, owns and licenses Canada’s largest seismic data library focused on the energy sector. The data covers the Western Canada Sedimentary Basin (WCSB) in Alberta, northeast British Columbia, Saskatchewan, Manitoba, Montana, parts of the Northwest Territories and the Yukon....
BIRCHCLIFF ENERGY LTD., $8.29, is a buy for aggressive investors. The company (symbol BIR on Toronto) develops and produces oil and gas, mainly in the Peace River Arch area of both Alberta and B.C. Its average output of 77,510 barrels of oil equivalent per day is 82% natural gas and 18% oil.
Cash flow in the quarter ended June 30, 2023, fell 75.9%, to $0.26 a share from $1.08 a year earlier....
Cash flow in the quarter ended June 30, 2023, fell 75.9%, to $0.26 a share from $1.08 a year earlier....
OVINTIV INC. $66 is a buy. The company (Toronto symbol OVV; Conservative Growth Portfolio, Resources sector; Shares outstanding: 273.9 million; Market cap: $18.1 billion; Price-to-sales ratio: 1.0; Dividend yield: 2.4%; TSINetwork Rating: Average; www.ovintiv.com) recently paid private equity firm EnCap Investments L.P....