oil and gas
DELPHI ENERGY $0.37 (Toronto symbol DEE; TSINetwork Rating: Speculative) (403-265-6171; www.delphienergy.ca; Shares o/s: 185.5 million; Market cap: $70.5 million) explores for, develops and produces oil and gas.
In the quarter ended September 30, 2018, Delphi’s cash flow jumped 52.7%, to $11.6 million, or $0.06 a share, from $7.6 million, or $0.04, a year earlier....
In the quarter ended September 30, 2018, Delphi’s cash flow jumped 52.7%, to $11.6 million, or $0.06 a share, from $7.6 million, or $0.04, a year earlier....
Pennsylvania-based Vanguard Group is one of the world’s largest investment management companies. In all, it administers over $6 trillion U.S., spread across 400 mutual funds and ETFs.
Generally speaking, Canadians are blocked from buying mutual funds that are registered in the U.S....
Generally speaking, Canadians are blocked from buying mutual funds that are registered in the U.S....
ENERPLUS CORP. $12.89 (Toronto symbol ERF; Shares outstanding: 245.3 million; Market cap: $3.1 billion; TSINetwork Rating: Speculative; Dividend yield: 0.9%) produces oil and gas from properties in Western Canada—Alberta, Saskatchewan and B.C.—as well as North Dakota and Montana....
A: A range of factors—both industry-wide and company specific—affect pipeline stocks.
In general, pipelines have dropped lately along with the market. But their stock prices have also been hurt by investor concerns over rising interest rates. As rates rise, utilities are perceived to suffer because they have a lot of debt, and higher rates make it more expensive for them to raise money and refinance their existing debt....
In general, pipelines have dropped lately along with the market. But their stock prices have also been hurt by investor concerns over rising interest rates. As rates rise, utilities are perceived to suffer because they have a lot of debt, and higher rates make it more expensive for them to raise money and refinance their existing debt....
When choosing oil stocks to invest in, we recommend income-seeking investors stick with big integrated producers like Suncor Energy and Imperial Oil.
Integrated producers have “upstream” oil and gas exploration and production assets, as well as “downstream” refining and marketing operations.
Refineries transform crude oil into useful products such as petroleum naphtha, gasoline, diesel fuel, asphalt base, heating oil, kerosene, liquefied petroleum gas, jet fuel and fuel oils....
Integrated producers have “upstream” oil and gas exploration and production assets, as well as “downstream” refining and marketing operations.
Refineries transform crude oil into useful products such as petroleum naphtha, gasoline, diesel fuel, asphalt base, heating oil, kerosene, liquefied petroleum gas, jet fuel and fuel oils....
STANTEC INC. $31.13 (Toronto symbol STN; TSINetwork Rating: Extra Risk) (780-917-7288; www.stantec.com; Shares o/s: 113.9 million; Market cap: $3.5 billion; Divd. yield: 1.8%) sells consulting, project management, design and technology services....
ENERFLEX LTD. $17.24 (Toronto symbol EFX; TSINetwork Rating: Extra Risk) (403-387-6377; www.enerflex.com; Shares outstanding: 88.8 million; Market cap: $1.5 billion; Dividend yield: 2.4%) rents and sells equipment and services for natural gas production....
KLX ENERGY SERVICES HOLDINGS INC. $24 (Nasdaq symbol KLXE; Resources sector; Shares outstanding: 22.1 million; Market cap: $530.4 million; No dividends paid; Takeover Target Rating: Medium; www.klxenergy.com) provides onshore drilling services to oil and gas producers in the U.S.
The company has three main businesses: Completion (52% of revenue) supplies tools such as liner systems, sleeves and plugs that help drillers maximize production and cut costs; Intervention (25%) supplies “fishing” tools that help remove debris from the bottom of wells; and Production (23%) supplies expert technicians and equipment for the construction of new wells.
The Rockies region, including the Bakken and Piceance shale fields, account for 39% of KLX Energy’s revenue....
The company has three main businesses: Completion (52% of revenue) supplies tools such as liner systems, sleeves and plugs that help drillers maximize production and cut costs; Intervention (25%) supplies “fishing” tools that help remove debris from the bottom of wells; and Production (23%) supplies expert technicians and equipment for the construction of new wells.
The Rockies region, including the Bakken and Piceance shale fields, account for 39% of KLX Energy’s revenue....
A: STEP Energy Services, $2.68, symbol STEP on Toronto (Shares outstanding: 66.5 million; Market cap: $184.9 million; www.stepenergyservices.com), is an oilfield service company, founded in 2011, that provides coiled tubing (very long metal pipe spooled on a large reel), and other products and services for fracking.
Oil and gas drillers use horizontal wells to carry out fracturing, or “fracking,” on so-called “tight” gas and oil formations....
Oil and gas drillers use horizontal wells to carry out fracturing, or “fracking,” on so-called “tight” gas and oil formations....
SHAWCOR LTD. $22 (Toronto symbol SCL; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 70.1 million; Market cap: $1.5 billion; Price-to- sales ratio: 1.0; Dividend yield: 2.7%; TSINetwork Rating: Average; www.shawcor.com) is a leading producer of sealants and coatings to keep oil and gas pipelines from rusting....