oil and gas

Investors fear that rising interest rates will boost the appeal of bonds and hurt the shares of these high-yielding utility stocks. However, bond investors have to treat interest payments they receive as regular income. As a result, they pay higher taxes on their income compared to dividend payments from Canadian firms that qualify for a tax credit....
High yields, especially in what is still a relatively low interest-rate environment, have lots of appeal for many income investors. But ETF investors should look beyond the historical distribution yield for any danger signs.


The managers of ETFs use various strategies to generate high yields for their unitholders....
LABORATORY CORPORATION OF AMERICA, or LABCORP., $254.67, symbol LH on New York, provides comprehensive clinical laboratory services from locations throughout North America. It also offers drug development services such as research and clinical trial management.

Labcorp employs nearly 75,000 people at its base in Burlington, North Carolina, and across the U.S.

On July 28, 2022, the company announced that its board of directors had approved the spin-off of its Clinical Development business....
CANADIAN NATIONAL RAILWAY CO., $164.33, Toronto symbol CNR, remains a buy.

CN operates Canada’s largest railway. Its 32,200-kilometre network stretches across the country. It also travels down through the U.S. Midwest, connecting Canada to the Gulf of Mexico.

With the March 2022 payment, CN raised its quarterly dividend by 19.1%....

OVINTIV INC., $60.20, is a buy. The energy producer (Toronto symbol OVV; Shares outstanding: 258.1 million; Market cap: $16.1 billion; TSINetwork Rating: Average; Dividend yield: 2.1%) operates three core properties: Montney (B.C.), Anadarko (Oklahoma) and Permian (Texas)....

IMPERIAL OIL LTD., $56.91, is a buy. The company (Toronto symbol IMO; Shares outstanding: 636.7 million; Market cap: $37.7 billion; TSINetwork Rating: Average; Dividend yield: 2.4%; www.imperialoil.ca) is Canada’s third-largest publicly traded oil company after Canadian Natural Resources (No....
A: Whitecap Resources Inc., $9.51, symbol WCP on Toronto (Shares outstanding: 626.3 million; Market cap: $6.1 billion; www.wcap.ca), produces and explores for oil and natural gas in Western Canada....
PIONEER NATURAL RESOURCES CO., $236.95, symbol PXD on New York, is a Texas-based independent oil and gas exploration and production company. It has extensive acreage in the Midland Basin in West Texas. This should support more than 20 years of future production.

In the quarter ended March 31, 2022, the company’s revenue increased 152.9%, to $6.2 billion from $2.4 billion a year earlier....
CANADIAN PACIFIC RAILWAY LTD., $100.97, 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.

The company is now in the process of merging with U.S.-based railway Kansas City Southern....
STANLEY BLACK & DECKER INC. $117 is a buy. The company (New York symbol SWK; Income Portfolio, Manufacturing & Industry sector; Shares outstanding: 163.4 million; Market cap: $19.1 billion; Price-to-sales ratio: 1.2; Dividend yield: 2.7%; TSINetwork Rating: Average; www.stanleyblackanddecker.com) is one of the world’s largest makers of hand and power tools for consumers....