oil and gas
SNC-LAVALIN GROUP INC. $27 (Toronto symbol SNC; Manufacturing & Industry sector; Shares o/s: 175.6 million; Market cap: $4.7 billion; Dividend yield: 1.5%; Takeover Target Rating: Medium; www.snclavalin.com) is a leading Canadian engineering and construction company that specializes in large-scale infrastructure projects such as roads, bridges, transit systems and water-treatment plants.
SNC’s revenue rose 16.4%, from $8.24 billion in 2014 to $9.59 billion in 2015....
SNC’s revenue rose 16.4%, from $8.24 billion in 2014 to $9.59 billion in 2015....
A: Royal Dutch Shell plc (ADR), $65.95, symbol RDS.B on New York and $64.00, symbol RDS.A on New York, (ADRs outstanding: 4.1 billion; Market cap: $266.6 billion; www.shell.com), is one of the world’s largest oil companies with about 92,000 employees in 80 countries....
In our report you learn why you need to be extra cautious, including the 3 big warning signs to watch out for in Canadian penny stocks
Power and Profits of Energy Stocks has 35 tips on how to uncover tomorrow’s best energy stocks, insights on the future of renewable energy, how technology is changing the industry, and much more.
ARC RESOURCES $8.30 (Toronto symbol ARX; Shares outstanding: 352.1 million; Market cap: $2.9 billion; TSINetwork Rating: Speculative; Dividend yield: 7.2%; www.arcresources.com) produces oil and natural gas in Western Canada....
PASON SYSTEMS $20.40 (Toronto symbol PSI; TSINetwork Rating: Speculative) (403-301-3400; www.pason.com; Shares outstanding: 85.8 million; Market cap: $1.8 billion; Dividend yield: 3.5%) serves drilling contractors for oil and gas firms in Canada, the U.S., Mexico and Argentina....
BIRCHCLIFF ENERGY $3.77 (Toronto symbol BIR; TSINetwork Rating: Speculative) (403-261-6401; www.birchcliffenergy.com; Shares outstanding: 263.0 million; Market cap: $999.8 million; Dividend yield: 2.8%) explores for, develops and produces oil and gas, mainly in the Peace River Arch area of both Alberta and B.C....
EAGLE MATERIALS INC. $87 (New York symbol EXP; Manufacturing sector; Shares outstanding: 45.9 million; Market cap: $4.0 billion; Takeover Target Rating: Medium; Dividend yield: 0.5%; www.eaglematerials.com) makes cement, gypsum wallboard, recycled paperboard, concrete and aggregates, and oil and gas proppants (man-made sand for fracking) at over 75 facilities in the U.S.
Texas house-builder Centex Corporation spun off Eagle in 2004....
Texas house-builder Centex Corporation spun off Eagle in 2004....
One of the main benefits of a spinoff is that it lets both the parent and new company better focus on their core businesses. A good example is water equipment specialist Pentair, which spun off its electrical cabinet business nVent in April 2018.
Since the breakup, nVent has gained 24%, while Pentair is down 11%....
Since the breakup, nVent has gained 24%, while Pentair is down 11%....
PRECISION DRILLING CORP. $3.68 (www.precisiondrilling.com) provides contract drilling services to land-based oil and gas producers, mainly in North America. Its long-term debt was $1.71 billion as of December 31, 2018, or a high 158% of its $1.08 billion market cap....