oil and gas

The pandemic presents both of these industrials with unique challenges. However, each has remained profitable and is well positioned to keep weathering the crisis to prosper anew in the future. We see both stocks as buys.


GOODYEAR TIRE & RUBBER $17.90 (Nasdaq symbol GT; TSINetwork Rating: Extra Risk) (www.goodyear.com; Shares outstanding: 233.3 million; Market cap: $4.0 billion; No dividends paid) is one of the world’s largest tire makers....

Oil prices continue to rebound from their 2020 lows as more parts of the global economy reopen with the rollout of COVID-19 vaccines. OPEC’s commitment to maintain its current production cuts also helps support prices.


That’s good news for these four high-quality producers....

IMPERIAL OIL LTD., $28.72, is a buy for safety-conscious investors. The company (Toronto symbol IMO; Shares o/s: 734.1 million; Market cap: $20.6 billion; TSINetwork Rating: Average; Divd. yield: 3.1%; www.imperialoil.ca) has dropped plans to develop much of its oil sands holdings in Alberta....

Oil and gas stocks have moved up lately as the U.S. and other economies recover. There’s also rising optimism that vaccine rollouts will accelerate that rebound. But before prices climbed, Crescent Point and ARC Resources both took advantage of the weakness to buy major properties at low prices....

As economies re-open, Finning and Toromont are seeing higher demand for their heavy equipment. Those rising orders will fuel their earnings and dividends in 2021.


FINNING INTERNATIONAL INC. $33 is a buy. The company (Toronto symbol FTT; Cyclical-Growth Payer Portfolio, Manufacturing & Industry sector; Shares outstanding: 162.1 million; Market cap: $5.3 billion; Dividend yield: 2.5%; Dividend Sustainability Rating: Above Average; www.finning.com) sells and services Caterpillar-brand heavy equipment in Western Canada, South America and the U.K....

Enbridge’s new projects, combined with improving oil and gas prices, should help boost its share price. The stock remains down from $55 in February 2020. That was before the pandemic and the drop in oil prices.


Moreover, 98% of the company’s revenue comes from regulated projects or take-or-pay contracts....

Investors don’t typically like uncertainty, and the prolonged negotiations about the future business relationship between the U.K. and the EU was a main contributor to weakness in both the country’s stock market and its currency over the last few years.


Between June 23, 2016—the day of the referendum—and December 24, 2020, when agreement on the future business relationship was reached, the main British stock market index declined by 11%....

Engineering firms offer investors a tempting way to profit as governments around the world plan to spur their post-pandemic growth with new spending on public infrastructure such as roads, bridges and power grids. That will spur new orders at both Stantec and SNC-Lavalin....

We have singled out two stocks and one ETF as your #1 buys for 2021. Each offers investors long-term growth prospects at a reasonable price. Meanwhile, all three are in a strong position to weather the current wave of COVID-19. Moreover, each is poised for solid gains as new vaccines help kick-start global economic growth.


ENBRIDGE $44.66 is a #1 Buy for 2021. The firm (Toronto symbol ENB; Shares outstanding: 2.0 billion; Market cap: $89.4 billion; TSINetwork Rating: Above Average; Dividend yield: 7.5%; www.enbridge.com) operates pipelines that pump Western Canadian oil and gas to eastern Canada and the U.S....

A: Tourmaline Oil, $19.95, symbol TOU on Toronto (Shares outstanding: 296.6 million; Market cap: $5.9 billion; www.tourmalineoil.com), is a Canadian oil and natural gas exploration, development, and production company....