oil and gas
TAMARACK VALLEY ENERGY LTD., $3.54, symbol TVE on Toronto, is an oil and gas exploration and production firm in Western Canada. The company focuses on Alberta and Saskatchewan, and its output is 74% oil and 26% gas.
On September 12, 2022, the company announced it would pay $1.4 billion in cash and stock to acquire Deltastream Energy Corp....
On September 12, 2022, the company announced it would pay $1.4 billion in cash and stock to acquire Deltastream Energy Corp....
Long-time readers know that we keep you informed of important news about the stocks we cover. That means highlighting developments and plans that promise to brighten prospects for investors. Here are two buys that stand out this month:
RUSSEL METALS, $27.65, is a buy. The company (Toronto symbol RUS; TSINetwork Rating: Extra Risk) (www.russelmetals.com; Shares outstanding: 63.1 million; Market cap: $1.8 billion; Dividend yield: 5.5%) serves 33,000 clients at 48 locations in Canada and 16 others in the U.S.
In the three months ended June 30, 2022, Russel’s revenue jumped 27.5%, to $1.36 billion from $1.07 billion a year earlier....
RUSSEL METALS, $27.65, is a buy. The company (Toronto symbol RUS; TSINetwork Rating: Extra Risk) (www.russelmetals.com; Shares outstanding: 63.1 million; Market cap: $1.8 billion; Dividend yield: 5.5%) serves 33,000 clients at 48 locations in Canada and 16 others in the U.S.
In the three months ended June 30, 2022, Russel’s revenue jumped 27.5%, to $1.36 billion from $1.07 billion a year earlier....
CANADIAN PACIFIC RAILWAY LTD., $97.35, Toronto symbol CP, is your #1 Conservative Buy for 2022.
CP ships freight over a 23,700-kilometre rail network, mainly between Montreal and Vancouver. It also links to hubs in the U.S. Midwest and Northeast.
This week, railway unions in the U.S....
CP ships freight over a 23,700-kilometre rail network, mainly between Montreal and Vancouver. It also links to hubs in the U.S. Midwest and Northeast.
This week, railway unions in the U.S....
ENBRIDGE, $54.16, is a buy. The firm (Toronto symbol ENB; Shares o/s: 2.0 billion; Market cap: $113.2 billion; TSINetwork Rating: Above Average; Dividend yield: 6.4%; www.enbridge.com) operates pipelines that pump Western Canadian oil and gas to eastern Canada and the U.S....
Oil and gas stocks have moved up as the U.S. and other economies recover. The war in Ukraine has also spurred prices. We recommend that most investors maintain exposure to the oil and gas industry as part of a balanced portfolio. But to cut risk, you should focus on producers with positive cash flow even at low energy prices....
BANK OF NOVA SCOTIA, $74.80, Toronto symbol BNS, remains a buy.
The stock dropped 5% this week after it reported weaker-than-expected quarterly results.
In its fiscal 2022 third quarter, ended July 31, 2022, Bank of Nova Scotia set aside $412 million to cover future loan losses....
The stock dropped 5% this week after it reported weaker-than-expected quarterly results.
In its fiscal 2022 third quarter, ended July 31, 2022, Bank of Nova Scotia set aside $412 million to cover future loan losses....
ALCON INC., $66.74, is a buy. The company (symbol ALC in New York) is the world’s biggest eye-care company. Specifically, it’s the leader in ocular surgical supplies and No. 2 in contact lenses.
Alcon has just agreed to buy Aerie Pharmaceuticals, symbol AERI on Nasdaq, for $770 million.
Through the transaction, Alcon will acquire Aerie’s glaucoma and ocular hypertension drugs Rhopressa and Rocklatan....
Alcon has just agreed to buy Aerie Pharmaceuticals, symbol AERI on Nasdaq, for $770 million.
Through the transaction, Alcon will acquire Aerie’s glaucoma and ocular hypertension drugs Rhopressa and Rocklatan....
These two companies have held their dividends steady for several years, and we feel their current payouts continue to be safe. Both are also leaders in niche industries, which cuts your risk.
RUSSEL METALS INC. $30 is a buy. The company (Toronto symbol RUS; Cyclical-Growth Dividend Payer Portfolio, Manufacturing & Industry sector; Shares outstanding: 63.1 million; Market cap: $1.9 billion; Dividend yield: 5.1%; Dividend Sustainability Rating: Above Average; www.russelmetals.com) is one of the largest metals distributors in North America with more than 30,000 end customers across many different industries.
Russel has paid regular quarterly dividends of $0.38 a share since the third quarter of 2014; the annual rate of $1.52 yields a high 5.1%....
RUSSEL METALS INC. $30 is a buy. The company (Toronto symbol RUS; Cyclical-Growth Dividend Payer Portfolio, Manufacturing & Industry sector; Shares outstanding: 63.1 million; Market cap: $1.9 billion; Dividend yield: 5.1%; Dividend Sustainability Rating: Above Average; www.russelmetals.com) is one of the largest metals distributors in North America with more than 30,000 end customers across many different industries.
Russel has paid regular quarterly dividends of $0.38 a share since the third quarter of 2014; the annual rate of $1.52 yields a high 5.1%....
RUSSEL METALS INC., $29.63, is a buy. Through their shares, investors tap one of North America’s largest metal distributors: the company (symbol RUS on Toronto) serves 33,000 clients at 48 locations in Canada and 16 others in the U.S.
Russel’s revenue in the three months ended June 30, 2022, jumped 27.5%, to $1.36 billion from $1.07 billion a year earlier....
Russel’s revenue in the three months ended June 30, 2022, jumped 27.5%, to $1.36 billion from $1.07 billion a year earlier....
Investing in the top TSX companies can offer both growth and value for your holdings, especially if you target blue chip stocks in the process.