oil and gas

The year started with a bang as market volatility spiked. The killing of Iranian General Qassem Suleimani by U.S. forces, the rocket attack on a U.S. military camp in Iraq, the signing of a Phase 1 trade deal between the U.S. and China, and the rapid spread of a coronavirus originating from China’s Wuhan all contributed to the increase in volatility.


The Chinese stock market, commodity producers, shipping companies, airlines, and luxury goods sellers all came under heavy pressure as investors started to factor in the negative impact on companies affected by the virus outbreak in China....
We continue to assess the merits of ETFs that have underperformed for investors over the past 3 years: Below we give you a snapshot of funds focused on global energy stocks, copper miners and U.S. telecoms. Each faces industry pressures that impact your returns....
Oil producers and providers of services to the oil industry, are increasingly under pressure to reduce carbon emissions.


Many of the integrated oil producers have already established extensive renewable energy operations that will grow and replace some of their oil production over time.


Overall, oil and gas companies spent 1.3% of their 2018 budgets on initiatives such as wind and solar power, battery storage or carbon capture.


Total, Shell, and Eni rank highest for leading the low-carbon transition while China’s CNOOC, Russia’s Rosneft and U.S.’s Marathon Oil lag further behind.


Royal Dutch Shell plans to spend between $2 billion and $3 billion every year on renewable energy between 2021 to 2025....
There’s no guarantee stocks that have underperformed for extended periods will perform better in the future; nevertheless, when quality companies end up at the bottom of performance rankings, but have low valuations and high dividend yields, they deserve a second look....
CRESCENT POINT ENERGY $4.49, is a buy for aggressive investors. The oil and gas producer (Toronto symbol CPG; Shares outstanding: 547.2 million; Market cap: $2.5 billion; TSINetwork Rating: Extra Risk; Dividend yield: 0.9%; www.crescentpointenergy.com) has now completed the sale of some natural gas infrastructure assets in Saskatchewan....
CHEVRON CORP. $110 remains a buy for investors. The leading integrated oil and gas producer (New York symbol CVX; Cyclical-Growth Dividend Payer Portfolio, Resources sector; Shares outstanding: 1.9 billion; Market cap: $209.0 billion; Dividend yield: 4.3%; Dividend Sustainability Rating: Above Average; www.chevron.com) last raised your quarterly dividend by 6.2% with the March 2019 payment....
Top major gold miners like Barrick Gold (see page 10) are great additions to your portfolio. But junior miners like the two we look at below can also boost your portfolio returns—although with somewhat more risk.


One risk we aim to pinpoint—and avoid or minimize for investors—is political risk (see box below)....
To find the best metal to invest in, consider your temperament and how you might profit from an array of metals, including copper or gold
A: Canadian Natural Resources, $40.63, symbol CNQ on Toronto (Shares outstanding: 1.2 billion; Market cap: $49.0 billion; www.cnrl.com), operates in Western Canada, where its 100%-owned Horizon Oil Sands Project is located; the North Sea; and off the coast of West Africa....
A: Tourmaline Oil, $14.41, symbol TOU on Toronto (Shares outstanding: 272.1 million; Market cap: $4.0 billion; www.tourmalineoil.com), is a Canadian oil and natural gas exploration, development, and production company with properties concentrated in central Alberta and northeast B.C.

In the three months ended September 30, 2019, Tourmaline’s daily output averaged 289,578 barrels of oil equivalent (81% gas and 19% oil), up 13.9% from 254,185 a year earlier....