oil and gas


PRECISION DRILLING CORP. $2.89 (Toronto symbol PD; Aggressive Growth Portfolio, Resource sector; Shares outstanding: 293.8 million; Market cap: $849.1 million; Price-to-sales ratio: 0.6; Dividend suspended in March 2016; TSINetwork Rating: Extra Risk; www.precisiondrilling.com) provides contract drilling services to land-based oil and gas producers, mainly in North America....

ENBRIDGE INC. $49 (Toronto symbol ENB; Conservative Growth and Income Portfolios, Utilities sector; Shares outstanding: 2.0 billion; Market cap: $98.0 billion; Price-to-sales ratio: 2.1; Dividend yield: 6.0%; TSINetwork Rating: Above Average; www.enbridge.com) operates pipelines that pump oil and natural gas from Western Canada to eastern Canada and the U.S....

After a rough final quarter of 2018, most asset classes saw significant gains in the first month of 2019 as investors became less concerned about high stock valuations and the China-U.S. trade dispute. Fears about a rapid rise in U.S. interest rates for 2019 also eased.


The Vanguard Total Bond Index ETF (BND.O) gained 0.8% in January while the Vanguard Total World Stocks ETF (VT) gained 6.6%....
By definition, value stocks trade lower than their fundamentals suggest. They are perceived as undervalued, and have the potential to rise. When you look for stocks that are undervalued—or the ETFs that hold them— it’s best to focus on shares of quality companies with a consistent history of sales and earnings, as well as a strong hold on a growing clientele.


Here are two ETFs that aim to provide exposure to value stocks....
Here’s how to find undervalued stock picks—those that are reasonably priced, if not cheap, in relation to their sales, earnings and assets—tand maximize your long-term profits
SHAWCOR LTD. $19 (Toronto symbol SCL; Cyclical-Growth Payer Portfolio, Manufacturing & Industry sector; Shares outstanding: 70.1 million; Market cap: $1.3 billion; Dividend yield: 3.2%; Dividend Sustainability Rating: Above Average; www.shawcor.com) produces sealants and coatings to keep oil and gas pipelines from rusting....
WELLS FARGO & CO. $50 (New York symbol WFC; Conservative Growth Payer Portfolio, Finance sector; Shares o/s: 4.6 billion; Dividend yield: 3.6%; Dividend Sustainability Rating: Above Average; Market cap: $230.0 billion; Dividend yield: 3.4%; www.wellsfargo.com) will raise its quarterly dividend by 4.7% in March 2019, to $0.45 a share from $0.43....
A: Inter Pipeline Ltd., $21.08, symbol IPL on Toronto (Shares outstanding: 359.5 million; Market cap: $7.6 billion; www.interpipeline.com), transports, stores, markets and processes oil and natural gas.

On September 1, 2013, Inter Pipeline changed from a limited partnership to a conventional corporation....
WAJAX CORP. $18.66 (Toronto symbol WJX; TSINetwork Rating: Extra Risk) (905-212-3300; www.wajax.ca; Shares outstanding: 20.0 million; Market cap: $369.8 million; Dividend yield: 5.4%) sells and services cranes, forklifts and other heavy equipment....
GENERAL ELECTRIC CO. $8.98 (New York symbol GE, Manufacturing & Industry sector; Shares outstanding: 8.7 billion; Market cap: $78.1 billion; Dividend yield: 0.5%; Takeover Target Rating: Medium; www.ge.com) recently announced a major restructuring that will narrow its focus to three main businesses: aviation operations (jet engines and aircraft electronics); electrical power equipment (such as turbines and related equipment for gas-fired and nuclear power plants); and renewable power equipment (wind farms and hydroelectric plants).


As a result, GE will spin off its healthcare operations as a separate firm....