oil and gas
A: Freehold Royalties Ltd., $8.43, symbol FRU on Toronto (Shares outstanding: 117.8 million; Market cap: $961.4 million; www.freeholdroyalties.com), holds the oil and natural gas rights on 6.4 million acres of land mostly in Alberta and Saskatchewan, but also in British Columbia, Manitoba and Ontario.
The company collects royalties from oil and gas producers that operate over 44,000 wells on its land....
The company collects royalties from oil and gas producers that operate over 44,000 wells on its land....
MAJOR DRILLING $3.91 (Toronto symbol MDI; TSINetwork Rating: Speculative) (1-866-264-3986; www.majordrilling.com; Shares outstanding: 80.3 million; Market cap: $313.2 million; No dividends paid) is a large contract driller that mainly serves the mining industry.
Major believes that mining activity continues to deplete the world’s more easily accessible mineral reserves....
Major believes that mining activity continues to deplete the world’s more easily accessible mineral reserves....
Updating Pengrowth Energy Corp., Home Capital Group Inc. and SNC-Lavalin Group Inc.
Here’s two Resource buys for an oil rebound
A: Mullen Group Ltd. $9.76, symbol MTL on Toronto (Shares outstanding: 104.8 million; Market cap: $1.0 billion; www.mullen-group.com), is an Alberta-based transportation company that provides specialized transport services, including trucking and logistics services to the oil and natural gas industry in Canada and the U.S.
Mullen Group operates through two business segments: Trucking/Logistics and Oilfield Services....
Mullen Group operates through two business segments: Trucking/Logistics and Oilfield Services....
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NORTH WEST COMPANY $30 (Toronto symbol NWC; High-Growth Payer Portfolio, Consumer sector; Shares outstanding: 46.9 million; Market cap: $1.4 billion; Dividend Sustainability Rating: Above Average; Dividend yield: 4.4%; www.northwest.ca) sells food, and everyday products and services at 245 stores....
NORTH WEST COMPANY $30 (Toronto symbol NWC; High-Growth Payer Portfolio, Consumer sector; Shares outstanding: 46.9 million; Market cap: $1.4 billion; Dividend Sustainability Rating: Above Average; Dividend yield: 4.4%; www.northwest.ca) sells food, and everyday products and services at 245 stores....
SASOL LTD. (ADR) $25.64 (New York symbol SSL; Extra Risk) (082-883-9697; www.sasol.com; ADRs o/s: 624.7 million; Market cap: $16.0 billion; Dividend yield: 2.7%) has now completed its new alkoxylation plant in Nanjing, Jiangsu Province, China, on time and on budget.
Alkoxylation is a process that conve...
Alkoxylation is a process that conve...
WAJAX CORP. $15.74 (Toronto symbol WJX; TSINetwork Rating: Extra Risk) (905-212-3300; www.wajax.ca; Shares outstanding: 20.2 million; Market cap: $315.6 million; Dividend yield: 6.4%) sells and services cranes, forklifts and other heavy equipment....