oil and gas

A: Baytex Energy Corp., $6.08, symbol BTE on Toronto (Shares outstanding: 544.9 million; Market cap: $3.3 billion; Resources sector; TSINetwork Rating: Extra Risk; www.baytexenergy.com), explores for, develops and produces oil and gas in Western Canada and in the Eagle Ford, Texas region of the U.S....

CHIPOTLE MEXICAN GRILL INC., $1,583.89, remains a buy. The stock (symbol CMG on New York) lets you tap this Mexican restaurant chain, headquartered in Denver. The company is a fast-food leader charging slightly higher prices than its competitors but offering better quality food, including naturally raised meat.

In the quarter ended December 31, 2022, sales were up 11.2%, to $2.18 billion from $1.96 billion a year earlier....

TRANSCONTINENTAL INC. $15 is still a buy for aggressive investors. The company (Toronto symbol TCL.A; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 86.9 million; Market cap: $1.3 billion; Price-to-sales ratio: 0.5; Dividend yield: 6.0%; TSINetwork Rating: Average; www.tctranscontinental.com) is Canada’s leading commercial printer....

CANADIAN NATIONAL RAILWAY CO., $160.66, Toronto symbol CNR, is a buy.

CN operates Canada’s largest railway. Its 29,900-kilometre network stretches across the country. It also travels down through the U.S. Midwest, connecting Canada to the Gulf of Mexico.

Starting with the March 2023 payment, CN will raise your quarterly dividend by 7.8%....

MCDONALD’S CORP., $272.46, New York symbol MCD, is your #1 Conservative Buy for 2023.

The company is the world’s largest fast-food chain with over 40,000 restaurants in 119 countries. It serves a wide variety of food but is best known for its hamburgers and french fries.

In 2022, the company continued to prosper despite several challenges, including the sale of its outlets in Russia in response to the invasion of Ukraine and COVID-19 lockdowns in China (which have since eased)....

A: Tamarack Valley Energy Ltd., $4.60, symbol TVE on Toronto (Shares outstanding: 556.4 million; Market cap: $2.5 billion; www.tamarackvalley.ca), is an oil and gas exploration and production firm in Western Canada....

DROPBOX INC., $23.07, symbol DBX on Nasdaq, is a U.S. company that provides cloud storage and related services for both individuals and firms.

Beginning in 2007, the company has focused on providing a way to synchronize computer files between registered users....

CENOVUS ENERGY, $24.43, is a buy for long-term gains. The company (Toronto symbol CVE; Shares outstanding: 1.9 billion; Market cap: $46.9 billion; TSINetwork Rating: Extra Risk; Dividend yield: 1.9%; www.cenovus.com) is now Canada’s third-largest producer of oil and natural gas, and the country’s second-largest refiner.


Cenovus plans to spend between $4.0 billion and $4.5 billion on exploration and upgrades in 2023....

The shares of oil and gas stocks remain high as the U.S. and other economies recover—and with the Ukraine conflict. 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....

IMPERIAL OIL LTD., $65.26, Toronto symbol IMO, is a buy.

This company gets about 90% of its production from oil sands operations in Alberta. Imperial also has conventional oil and natural gas operations in the West and holds stakes in offshore projects in Atlantic Canada.

Its other operations include three refineries (one in Alberta, two in Ontario) and a petrochemical plant in Sarnia, Ontario.

Imperial plans to spend $1.7 billion on capital upgrades and exploration in 2023....