oil and gas
FREEHOLD ROYALTIES LTD., $13.68, symbol FRU on Toronto, holds the oil and natural gas rights on 6.4 million acres of land, mostly in Alberta and Saskatchewan, but also in British Columbia, Manitoba and Ontario. It has 900,000 acres of land in North Dakota, Louisiana and Texas.
The company collects royalties from over 380 oil and gas producers operating over 18,000 wells on its land....
The company collects royalties from over 380 oil and gas producers operating over 18,000 wells on its land....
We feel all investors should maintain some exposure to oil and gas—and here are two Canadian leaders we think have lots of growth ahead.
OVINTIV INC., $50.35, is a buy. The energy producer (Toronto symbol OVV; Shares outstanding: 276.3 million; Market cap: $13.7 billion; TSINetwork Rating: Average; Dividend yield: 3.2%) operates four core properties: Montney (B.C.), Permian (Texas), Anadarko (Oklahoma) and Uinta (Utah)....
OVINTIV INC., $50.35, is a buy. The energy producer (Toronto symbol OVV; Shares outstanding: 276.3 million; Market cap: $13.7 billion; TSINetwork Rating: Average; Dividend yield: 3.2%) operates four core properties: Montney (B.C.), Permian (Texas), Anadarko (Oklahoma) and Uinta (Utah)....
THOMSON REUTERS CORP., $178.86, Toronto symbol TRI, is a buy.
The company sells specialized information (mainly through electronic channels) to professionals in the legal, and tax and accounting fields. It also owns the Reuters news service.
Thomson is now buying Casetext, a private firm based in California that uses artificial intelligence (AI) software to help lawyers research previous cases and prepare documents.
The company will pay $650 million U.S....
The company sells specialized information (mainly through electronic channels) to professionals in the legal, and tax and accounting fields. It also owns the Reuters news service.
Thomson is now buying Casetext, a private firm based in California that uses artificial intelligence (AI) software to help lawyers research previous cases and prepare documents.
The company will pay $650 million U.S....
FLOWSERVE CORP., $35.71, symbol FLS on New York, manufactures industrial pumps, valves, and other machinery, for several industries that use difficult-to-handle or corrosive fluids. These include power, oil and gas, chemicals, and several others. It operates facilities in more than 300 locations worldwide, selling its products in over 50 countries.
In February 2023, Flowserve announced that it would acquire Velan Inc....
In February 2023, Flowserve announced that it would acquire Velan Inc....
Petro-Canada was Canada’s second largest integrated oil company. Its production centred on Western Canada before its sale to Suncor.
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, $78.97, symbol XLE on New York (Units outstanding: 423.3 million; Market cap: $33.4 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, $78.97, symbol XLE on New York (Units outstanding: 423.3 million; Market cap: $33.4 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%....
TOYOTA MOTOR CO. ADRs, $164.35, New York symbol TM, is a buy.
The ADRs (each American Depositary Receipt equals two common shares) give you exposure to the world’s largest automaker.
The stock rose 10% this week after Toyota announced that it will build a commercial solid-state battery plant....
The ADRs (each American Depositary Receipt equals two common shares) give you exposure to the world’s largest automaker.
The stock rose 10% this week after Toyota announced that it will build a commercial solid-state battery plant....
Demand for Major Drilling’s specialized services, especially from senior gold producers, including Australia’s largest mining companies, is now recovering. Meanwhile, Computer Modelling is benefiting from expanding oil and gas drilling in response to overall higher energy prices....
KEYERA CORP., $31.10, symbol KEY on Toronto, engages in the gathering and processing of natural gas; and transportation, storage, and marketing of natural gas liquids (NGLs) in Canada and the U.S.
The company operates in the oil and gas industry between the upstream segment, which includes oil and gas exploration and production businesses, and the downstream segment, which includes the refining, distribution and retail marketing of finished products.
Keyera is organized into three operating segments:
The company operates in the oil and gas industry between the upstream segment, which includes oil and gas exploration and production businesses, and the downstream segment, which includes the refining, distribution and retail marketing of finished products.
Keyera is organized into three operating segments:
- Gathering and Processing. Keyera owns and operates raw gas gathering pipelines and processing plants, which collect and process raw natural gas, remove waste products and separate the economic components—primarily NGLs—before the sales gas is injected into pipeline systems for transportation to end-use markets....
TECK RESOURCES LTD., $56.72, Toronto symbol TECK.B, remains a buy for investors seeking long-term gains from the Resources sector of their portfolio.
The company is a leading producer of metallurgical coal, a key ingredient in steelmaking. It also produces copper and zinc.
Teck confirmed this week that it has received several takeover offers for its coal operations.
The company recently cancelled a controversial plan to spin off its coal business yet continue to receive revenue from that business....
The company is a leading producer of metallurgical coal, a key ingredient in steelmaking. It also produces copper and zinc.
Teck confirmed this week that it has received several takeover offers for its coal operations.
The company recently cancelled a controversial plan to spin off its coal business yet continue to receive revenue from that business....