oil and gas
Nobody can predict trends in inflation or interest rates with any consistency. On the other hand, many investors have done very well over long periods by applying our Successful Investor method to their investments. This includes holding stocks that will do well with inflation—but will also prosper in an environment of stable consumer prices....
ENBRIDGE, $58.16, is a buy. The firm (Toronto symbol ENB; Shares o/s: 2.0 billion; Market cap: $118.4 billion; TSINetwork Rating: Above Average; Dividend yield: 5.9%; 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 driven up 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....
ALTAGAS LTD., $30.47, is still a buy. The company (symbol ALA on Toronto) processes, transports, stores and markets natural gas for producers. It also operates natural gas utilities and is a power generator, with gas-fired, coal-fired, wind, biomass and hydroelectric plants.
Almost all of AltaGas’ assets are now in the U.S....
Almost all of AltaGas’ assets are now in the U.S....
EMERA INC., $64.20, Toronto symbol EMA, is a buy.
The company owns 100% of Nova Scotia Power, that province’s main electricity supplier. It also owns 100% of Tampa Electric, which provides electricity to more than 765,000 customers. Its other interests include several power plants and natural gas pipelines in the U.S....
The company owns 100% of Nova Scotia Power, that province’s main electricity supplier. It also owns 100% of Tampa Electric, which provides electricity to more than 765,000 customers. Its other interests include several power plants and natural gas pipelines in the U.S....
Oil and gas stocks have moved up lately as the U.S. and other economies recover—and with the war in Ukraine.
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....
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....
RUSSEL METALS, $31.37, is a buy. The company (Toronto symbol RUS; TSINetwork Rating: Extra Risk) (www.russelmetals.com; Shares outstanding: 63.1 million; Market cap: $2.0 billion; Dividend yield: 4.9%) reports that in the three months ended March 31, 2022, revenue jumped 51.2%, to $1.34 billion from $885.4 million a year earlier....
Ovintiv continues to benefit from the sharp rise in crude oil and natural gas prices as the economy rebounds from the COVID-19 lockdowns. The company is now using its surging cash flow to pay down debt and reward investors with rising dividends and share buybacks.
OVINTIV INC....
OVINTIV INC....
RUSSEL METALS INC., $32.90, 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 March 31, 2022, jumped 51.2%, to $1.34 billion from $885.4 million a year earlier....
Russel’s revenue in the three months ended March 31, 2022, jumped 51.2%, to $1.34 billion from $885.4 million a year earlier....
ENBRIDGE, $57.53, is a #1 Buy for 2021. The firm (Toronto symbol ENB; Shares outstanding: 2.0 billion; Market cap: $114.0 billion; TSINetwork Rating: Above Average; Dividend yield: 6.0%; www.enbridge.com) operates pipelines that pump Western Canadian oil and gas to eastern Canada and the U.S....