oil and gas
Stock prices have dropped sharply in anticipation of a much wider spread of the coronavirus, and a deep economic setback that could result from that spread.
In a sudden and deep stock-market drop like this, it’s all too easy to respond impulsively or go to extremes....
In a sudden and deep stock-market drop like this, it’s all too easy to respond impulsively or go to extremes....
“Megatrends” are societal shifts with significant, long-term implications for the economy and the stock market. Once in full swing, these trends can be easy to track, although it is more difficult to pick out the companies that will most benefit from them. This month we look at ETFs with holdings designed to let investors tap two such trends: We start with the aging of the global population (below) and continue with urbanization.
As well, you’ll benefit from our supplements on pages 39 and 40....
As well, you’ll benefit from our supplements on pages 39 and 40....
NUTRIEN LTD. $44 is a buy. The company (Toronto symbol NTR; Aggressive Growth Portfolio, Resources sector; Shares o/s: 572.9 million; Market cap: $25.2 billion; Price-to-sales ratio: 1.3; Dividend yield: 3.9%; TSINetwork Rating: Average; www.nutrien.com) is world’s largest producer of agricultural fertilizers, shipping about 27 million tonnes annually....
SNC-LAVALIN GROUP INC. $27 is still a hold. The engineering company (Toronto symbol SNC; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares o/s: 175.6 million; Market cap: $4.7 billion; Price-to-sales ratio: 0.5; Divd. yield: 0.3%; TSINetwork Rating: Average; www.snclavalin.com) is following a new strategy that mainly involves exiting lump-sum, turnkey construction projects that expose investors to the added risk of cost overruns....
We selected TC Energy as the top 2020 stock for income-seeking investors mainly because its regulated pipelines and power plants generate plenty of steady cash flow for dividends. In fact, the company has raised the payment each year for the past two decades.
Sharply lower oil prices could impact pipeline volumes....
Sharply lower oil prices could impact pipeline volumes....
Oil and gas prices remain under pressure, but we still believe most investors benefit from maintaining some exposure to the industry as part of a balanced portfolio. Now more than ever, however, you should stick to producers with positive cash flow—despite low energy prices....
A: Blue Ribbon Income Fund, $8.37, symbol RBN.UT on Toronto (Units outstanding: 12.8 million; Market cap: $107.1 million; www.bromptongroup.com), was formerly called the Citadel Diversified Investment Trust.
This fund holds a lot of former oil and gas trusts, pipeline or other utility trusts (most if not all now converted to conventional corporations), real estate investment trusts and stocks....
This fund holds a lot of former oil and gas trusts, pipeline or other utility trusts (most if not all now converted to conventional corporations), real estate investment trusts and stocks....
Investors focused on the oil and gas industry are increasingly challenged by weaker prices. But as we continue to point out, the industry’s best stocks—with the most sustainable dividends—are integrated producers (see box). They include Canadian powerhouses Suncor and Imperial Oil.
SUNCOR ENERGY INC....
SUNCOR ENERGY INC....
Even as coronavirus fears prompt a shift to bonds, we continue to recommend these two utility stocks instead of those fixed-income government investments. While bonds now yield just 1.4%, the utility stocks below offer you much more appealing yields as well as strong growth prospects....
A: Keyera Corp., $36.22, symbol KEY on Toronto (Shares outstanding: 214.1 million; Market cap: $7.8 billion; www.keyera.com), provides a number of midstream services to the oil and gas industry, including the collection, processing, storage and shipment of oil and gas....