oil and gas
BIRCHCLIFF ENERGY $4.67 (Toronto symbol BIR; TSINetwork Rating: Speculative) (403-261-6401; www.birchcliffenergy.com; Shares outstanding: 263.0 million; Market cap: $1.3 billion; Dividend yield: 2.1%) explores for, develops and produces oil and gas, mainly in the Peace River Arch area of both Alberta and B.C....
GENERAL ELECTRIC CO. $14 (New York symbol GE; Manufacturing & Industry sector; Shares outstanding: 8.7 billion; Market cap: $121.8 billion; Dividend yield: 3.4%; Takeover Target Rating: Lowest; www.ge.com) is a leading maker of industrial machinery, including jet engines; power plant equipment; and locomotives....
Higher commodity prices invariably spur producers to increase spending on new projects and to up their output. That frequently leads to the oversupply of the commodity and, eventually, lower prices.
The energy industry is no exception. Between 2002 and mid-2014, when oil prices were high, producers accelerated exploration and output....
Higher copper prices continue to boost economic growth and prosperity for Chile, the largest global producer of the metal. Despite its dependence on copper, the country has a strong market economy with a high level of foreign trade. Chile has also worked to strengthen its financial institutions and economic policies.
Here is one ETF that provides exposure to top Chilean companies.
ISHARES MSCI CHILE ETF $50 (New York symbol ECH; TSINetwork ETF Rating: Aggressive; Market cap: $477.5 million) tracks the performance of the largest publicly listed Chilean companies.
Financial Services account for 23% of its assets, while Utilities (22%), Consumer Services (19%), Basic materials (13%), Oil and Gas (9%) and Consumer Goods (7%) are other key segments.
The ETF holds a portfolio of 31 stocks....
Here is one ETF that provides exposure to top Chilean companies.
ISHARES MSCI CHILE ETF $50 (New York symbol ECH; TSINetwork ETF Rating: Aggressive; Market cap: $477.5 million) tracks the performance of the largest publicly listed Chilean companies.
Financial Services account for 23% of its assets, while Utilities (22%), Consumer Services (19%), Basic materials (13%), Oil and Gas (9%) and Consumer Goods (7%) are other key segments.
The ETF holds a portfolio of 31 stocks....
Higher oil prices continue to spur stock prices for an array of companies in the energy industry. That includes energy services stocks. Those firms assist drillers in setting up oil and gas wells. They also make, fix and maintain the equipment used in oil extraction and transport....
CANADIAN PACIFIC RAILWAY LTD. $250 (Toronto symbol CP; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 143.1 million; Market cap: $35.8 billion; Price-to-sales ratio: 5.5; Dividend yield: 1.0%; TSINetwork Rating: Above Average; www.cpr.ca) should benefit from new federal regulations meant to encourage rail operators to refurbish Canada’s fleet of grain railcars (called “hoppers”)....
Ottawa’s move to buy the existing Trans Mountain pipeline in order to build its controversial expansion is good news for these three resources companies. Additional capacity to ship crude oil and refined fuels from Alberta to Vancouver should make it easier for producers to service their customers.
For new buying, we prefer Cenovus and Teck over Encana....
For new buying, we prefer Cenovus and Teck over Encana....
A: Flow-through limited partnerships developed out of a Canadian government plan to encourage the exploration and development of the country’s natural resources. Under the plan, companies involved in oil and gas, mining and base metals and other natural resource industries are permitted to fully deduct specific exploration expenses known as the Canadian Exploration Expense (CEE)....
PEYTO EXPLORATION & DEVELOPMENT CORP. $10.59 (Toronto symbol PEY; Shares outstanding: 164.6 million; Market cap: $1.7 billion; TSINetwork Rating: Extra Risk; Dividend yield: 6.8%; www.peyto.com) produces and explores for natural gas and oil in Alberta....