oil and gas
Rising interest rates boost bond yields and their appeal with investors. Conversely, rising rates can hurt the appeal of high-yield utilities, and their shares, since those companies must pay higher interest on their debt. Still, top utilities remain financially healthy and continue to expand and pay dividends....
COMPUTER MODELLING GROUP LTD., $7.04, remains a buy. The company (symbol CMG on Toronto) offers software and consulting services to help conventional oil and gas producers create 3D models of reservoirs. That lets them squeeze more out of those holes using advanced recovery techniques such as injecting steam or chemicals....
ROYAL BANK OF CANADA, $124.06, Toronto symbol RY, is a buy.
Canada’s largest bank by market capitalization is raising your quarterly dividend by 2.3%. Starting with the August 2023 payment, investors will receive $1.35 a share instead of $1.32....
Canada’s largest bank by market capitalization is raising your quarterly dividend by 2.3%. Starting with the August 2023 payment, investors will receive $1.35 a share instead of $1.32....
CAE INC., $28.80, Toronto symbol CAE, remains a buy for long-term gains.
The company is a leading maker of flight simulators for commercial and military aircraft. It also operates pilot-training schools in over 35 countries and makes mannequins and other medical-simulators for training health professionals.
CAE continues to gain as air travel volumes return to pre-pandemic levels....
The company is a leading maker of flight simulators for commercial and military aircraft. It also operates pilot-training schools in over 35 countries and makes mannequins and other medical-simulators for training health professionals.
CAE continues to gain as air travel volumes return to pre-pandemic levels....
We recommend that most investors maintain exposure to the oil and gas industry as part of a balanced portfolio. Still, to cut risk, you should focus on producers with positive cash flow even at low energy prices. Here are two stocks that meet that requirement—and pay dividends.
ARC RESOURCES, $16.36, is a buy. The company (Toronto symbol ARX; Shares o/s: 611.3 million; Market cap: $10.2 billion; TSINetwork Rating: Extra Risk; Dividend yield: 4.2%; www.arcresources.com) produces natural gas as well as oil. Its average output of 338,377 barrels of oil equivalent per day is 62% natural gas and 38% oil.
Cash flow per share in the quarter ended March 31, 2023, rose 7.4%, to $1.16 from $1.08 a year earlier....
ARC RESOURCES, $16.36, is a buy. The company (Toronto symbol ARX; Shares o/s: 611.3 million; Market cap: $10.2 billion; TSINetwork Rating: Extra Risk; Dividend yield: 4.2%; www.arcresources.com) produces natural gas as well as oil. Its average output of 338,377 barrels of oil equivalent per day is 62% natural gas and 38% oil.
Cash flow per share in the quarter ended March 31, 2023, rose 7.4%, to $1.16 from $1.08 a year earlier....
WELL HEALTH TECHNOLOGIES CORP., $4.59, is a buy. The company (symbol WELL on Toronto) owns and operates Canada’s largest network of clinics supporting primary care, specialized care and diagnostics services. In the U.S., WELL Health provides healthcare services and solutions targeting specialized markets such as the gastrointestinal market, women’s health, primary care, and mental disorders.
As well, in addition to providing patient services, the company sells its own suite of technology software and solutions to medical clinics and healthcare practitioners....
As well, in addition to providing patient services, the company sells its own suite of technology software and solutions to medical clinics and healthcare practitioners....
NVIDIA CORP., $389.46, Nasdaq symbol NVDA, remains a buy for aggressive investors.
The company is a leading designer of 3D-capable video chips; they make video games run more smoothly and appear more lifelike. Nvidia has also adapted its chips for other applications, including artificial intelligence (AI), datacentres and self-driving cars.
The stock jumped 26% this week after the company reported better-than-expected quarterly results but also increased its forecast revenue for the current quarter....
The company is a leading designer of 3D-capable video chips; they make video games run more smoothly and appear more lifelike. Nvidia has also adapted its chips for other applications, including artificial intelligence (AI), datacentres and self-driving cars.
The stock jumped 26% this week after the company reported better-than-expected quarterly results but also increased its forecast revenue for the current quarter....
Here’s Part Two of the most-recent letter I sent to our Portfolio Management clients in February 2023:
“ Yes, but what about World War III?
After Russia invaded Ukraine around this time last year, I began to wonder if there was any real risk that this marked the start of World War III.
After all, a lot of academics seemed to be writing about the Thucydides Trap (which I mentioned in our client letter last fall), based on what seemed like rising trade tension between the U.S....
“ Yes, but what about World War III?
After Russia invaded Ukraine around this time last year, I began to wonder if there was any real risk that this marked the start of World War III.
After all, a lot of academics seemed to be writing about the Thucydides Trap (which I mentioned in our client letter last fall), based on what seemed like rising trade tension between the U.S....
TC ENERGY INC., $55.94, Toronto symbol TRP, remains a buy.
TC generates steady cash flow for investors mainly through a 93,700-kilometre pipeline network that pumps natural gas from Alberta to eastern Canada and the U.S. Its other operations include 4,900 kilometres of crude oil pipelines and nine power plants.
The company also owns 35% of the 670-kilometre Coastal GasLink pipeline, which will pump natural gas from northeastern B.C....
TC generates steady cash flow for investors mainly through a 93,700-kilometre pipeline network that pumps natural gas from Alberta to eastern Canada and the U.S. Its other operations include 4,900 kilometres of crude oil pipelines and nine power plants.
The company also owns 35% of the 670-kilometre Coastal GasLink pipeline, which will pump natural gas from northeastern B.C....
CENTRAL GARDEN & PET CO., $36.78, symbol CENT on Nasdaq, provides a range of products to pet owners and residential and commercial gardeners. Central’s more than 65 brands include Pennington, Nylabone, Kaytee, Amdro and Aqueon.
Founded in 1980, the company has made several acquisitions to grow both segments of its business.
One major purchase was the February 2021 acquisition of Green Garden Products, a Massachusetts-based provider of vegetable, herb, and flower seeds, as well as seed starters and plant nutrients....
Founded in 1980, the company has made several acquisitions to grow both segments of its business.
One major purchase was the February 2021 acquisition of Green Garden Products, a Massachusetts-based provider of vegetable, herb, and flower seeds, as well as seed starters and plant nutrients....