oil and gas

INTACT FINANCIAL CORP., $288.21, is a buy. The stock (symbol IFC on Toronto) offers investors exposure to Canada’s largest provider of property and casualty insurance. Intact insures more than five million individuals and businesses. Its major brands are Intact Insurance, Canada BrokerLink and belairdirect.

In a bid to add value for investors, the company acquired OneBeacon Insurance Group for $1.7 billion U.S....

CISCO SYSTEMS INC., $64.87, Nasdaq symbol CSCO, is a top pick for 2025.

Through their shares, investors tap a global producer of hardware and software that links and manages computer networks.

With the April 2025 payment, Cisco will raise your quarterly dividend by 2.5%....

Alimentation Couche-Tard has rewarded our subscribers with big gains over the years. We first recommended this convenience store giant in our December 2008 issue at $15.50 a share. Since then, the stock has split 3-for-1 and then 2-for-1. That takes our cost down to $2.58 a share—and gives you a tremendous 2,708.1% gain!

Note that Couche-Tard’s growth by acquisition still carries risk—more on that below, including an update on the company’s most recent attempts to purchase the 7-Eleven chain....

THOMSON REUTERS CORP., $252.31, Toronto symbol TRI, is your #1 Conservative Buy for 2025.

The company sells specialized information (mainly through electronic channels) to professionals in the legal, and tax and accounting fields. It also owns the Reuters news service.

Thanks to improving demand for its legal and tax information products, revenue in the quarter ended December 31, 2024, rose 5.2%, to $1.91 billion from $1.82 billion a year earlier (all amounts except share price in U.S....

PEMBINA PIPELINE, $52.33, is a buy. The company (Toronto symbol PPL; Shares outstanding: 580.5 million; Market cap: $30.2 billion; TSINetwork Rating: Average; Dividend yield: 5.3%; www.pembina.com) now owns 60% of Pembina Gas Infrastructure Inc....

FLOWCO HOLDINGS INC. has filed paperwork with U.S. regulators for an initial public offering (IPO) of 17.8 million class A common shares at between $21.00 and $23.00 a share. The shares will trade on the New York exchange under the symbol “FLOC.” Insiders will control roughly 75% of the voting power after the IPO.


Based in Houston, Texas, Flowco makes a variety of equipment to help oil and gas producers capture methane emissions from their wells....

Activists have targeted these two companies as they plan to replace their long-serving CEOs. While that pressure has helped spur their shares, we feel CAE is the better choice for your new buying.


CAE INC. $35 is a buy. The company (Toronto symbol CAE; Manufacturing & Industry sector; Shares outstanding: 318.6 million; Market cap: $11.2 billion; Dividend suspended in March 2020; Takeover Target Rating: Medium; www.cae.com) is a leading maker of flight simulators for commercial and military aircraft....

For 2025, we have selected Honeywell as your #1 Spinoff Buy.

Following a long series of acquisitions over the past few decades, the company is now a major conglomerate with many businesses spread across a variety of industries. That makes Honeywell a prime candidate for a breakup to simplify its operations and unlock the value of those businesses.

The company agrees and recently announced the spinoff of one of its smaller businesses....

Investors continue to benefit from the 2023 sale of ShawCor’s its legacy pipeline coating operations. The remaining company, now called Mattr, is up about 120% in the past three years. We feel the stock will continue to move higher as its recent purchase of a U.S....

The best way for investors to cut the risk of Resources holdings is to focus on producers with high-quality reserves, like Ovintiv. The company’s recent deal to increase its presence in the large Montney region should also spur its cash flow over the next few years.


OVINTIV INC....