oil and gas

TC ENERGY INC., $61.60, is a buy. The company (Toronto symbol TRP; Shares outstanding: 978.2 million; Market cap: $59.7 billion; TSINetwork Rating: Above Average; Dividend yield: 5.7%; www.tcenergy.com) generates steady cash flow for investors mainly through a 93,300-kilometre pipeline network that pumps natural gas from Alberta to eastern Canada and the U.S....

%%excerpt%% ARC Resources just acquired a competitor to create Canada’s sixth-largest energy company as the shares yield 3.1%.

RUSSEL METALS $27.84 (Toronto symbol RUS; TSINetwork Rating: Extra Risk) (www.russelmetals.com; Shares outstanding: 62.3 million; Market cap: $1.7 billion; Dividend yield: 5.5%) and Japan’s Marubeni-Itochu Tubulars America have agreed to combine their respective Canadian OCTG/line pipe businesses....

When we last wrote about this topic in mid-2018, the conclusion was that the share of renewable energy was growing rapidly. That reflects government-driven efforts, especially in Europe, the U.S. and Canada, to expand renewable capacity.


Demand is also strong from power-using corporations, looking to increase their green footprints—in part to please shareholders....

The United Arab Emirates is a small country in a potentially volatile region, with neighbours like Yemen and Iran nearby. Still, it has used its oil riches wisely to diversify the economy and become a major commercial hub in the Middle East.


Here’s an ETF that provides exposure to the top companies listed in the UAE.


ISHARES MSCI UAE ETF $13.42 (New York symbol UAE; TSINetwork ETF Rating: Aggressive; Market cap: $27.9 million) tracks the performance of the largest publicly listed UAE companies.


Financial Services account for 51% of its assets, while Telecommunications (15%), Real Estate (14%), Industrials (10%), and Energy (5%) are other key segments.


The ETF has a portfolio of 32 stocks; the top 10 holdings make up a high 72% of its assets....

TELUS CORP. $26 is a buy. The stock (Toronto symbol T; Conservative Growth and Income Portfolios, Utilities sector; Shares outstanding: 1.3 billion; Market cap: $33.8 billion; Price-to-sales ratio: 2.3; Dividend yield: 4.8%; TSINetwork Rating: Above Average; www.telus.com) lets investors tap Canada’s third-largest wireless carrier after Rogers Communications (No....

The shares of all five of Canada’s major banks have moved up sharply as the economy recovers from last year’s COVID-19 downturn. That’s helping to lift earnings as they take back some of the funds they previously set aside for potential loan defaults and so.


Restrictions that prevent federally regulated lenders from raising their dividends and buying back shares remain in effect....

RUSSEL METALS $25 is a buy. The company (Toronto symbol RUS; Cyclical-Growth Dividend Payer Portfolio, Manufacturing & Industry sector; Shares outstanding: 62.2 million; Market cap: $1.6 billion; Dividend yield: 6.1%; Dividend Sustainability Rating: Above Average; www.russelmetals.com) has paid quarterly dividends of $0.38 a share since the third quarter of 2014; the annual rate of $1.52 yields a high 6.1%.


Revenue in the three months ended December 31, 2020, fell 19.9%, to $670.5 million from $837.4 million a year earlier....

A: Canoe EIT Income Fund, $10.97, symbol EIT.UN on Toronto (Units outstanding: 123.3 million; Market cap: $1.4 billion; www.canoefinancial.com), changed its name from EnerVest Diversified Income Trust in November 2013....

Oil and gas prices have moved up lately. But the future direction of energy prices depends on a lot of things, particularly economic growth rates around the world in the wake of COVID-19. Meanwhile, though, well-established companies in the industry have taken advantage of the setback to pick up properties and employees who might be harder to find in more-prosperous times.


Those top companies also have the balance sheet strength to survive, even if energy prices drop, and to continue paying dividends....