oil and gas
If you want to make the best energy stock investments, you should to read this advice
WAJAX CORP. $24.19 (Toronto symbol WJX; TSINetwork Rating: Extra Risk) (905-212-3300; www.wajax.ca; Shares outstanding: 20.0 million; Market cap: $484.5 million; Dividend yield: 4.1%) sells and services cranes, forklifts and other heavy equipment....
SASOL LTD. (ADR) $37.44 (New York symbol SSL; Extra Risk) (082-883-9697; www.sasol.com; ADRs o/s: 650.6 million; Market cap: $22.4 billion; Dividend yield: 2.2%) is South Africa’s third-largest coal producer and is the world’s largest maker of fuel from coal....
DEVON ENERGY CORP. $43.75 (New York symbol DVN; TSINetwork Rating: Extra Risk) (405-235-3611; www.dvn.com; Shares outstanding: 523.4 million; Market cap: $22.9 billion; Dividend yield: 0.7%) is one of the largest explorers and producers of oil and natural gas in the U.S....
DREAM OFFICE REIT $23.66 (Toronto symbol D.UN; TSINetwork Rating: Extra Risk) (416-365-3535; www.dream.ca/office; Units o/s: 60.1 million; Market cap: $1.6 billion; Dividend yield: 4.2%) owns and manages 42 office and retail properties in major Canadian cities....
ENERGEN CORP. $74 (New York symbol EGN; Resources sector; Shares outstanding: 97.4 million; Market cap: $7.2 billion; No dividend paid; Takeover Target Rating: Medium; www.energen.com) explores for oil and gas in Texas and New Mexico. It has reserves of 444 million barrels of oil equivalent and the potential for another 2.7 billion barrels for future development.
Billionaire investor Carl Icahn now owns 7.5% of Energen....
Billionaire investor Carl Icahn now owns 7.5% of Energen....
SANDRIDGE ENERGY INC. $17 (New York symbol SD; Resources sector; Shares outstanding: 34.5 million; Market cap: $586.5 million; No dividends paid; Takeover Target Rating: Highest; www.sandridgeenergy.com) is an oil and gas exploration and production company with properties in both Colorado and Oklahoma.
Under a new deal with billionaire activist investor Carl Icahn, who owns 13.6% of the company, SandRidge has agreed to expand the board of directors from seven to eight....
Under a new deal with billionaire activist investor Carl Icahn, who owns 13.6% of the company, SandRidge has agreed to expand the board of directors from seven to eight....
Some mine stocks are major companies that have been producing for years. Penny stocks, on the other hand, may sound like great investments but are very speculative and risky.
For most investors, we still think large-cap companies, or the ETFs that hold them, should form the core of their stock portfolios. However, while a lot of investors look to add a few small companies with high growth potential, many overlook medium-sized companies, or “mid caps"—regardless of their profitability and prospects....
Both TransCanada and Enbridge have earmarked huge sums for new pipelines. That will add to their already high debt levels. However, steady cash flows from shipping contracts with oil and gas producers will help them service their debt, and let them keep raising their dividends....