oil and gas
HUDSON’S BAY CO. $11 (Toronto symbol HBC; Consumer sector; Shares outstanding: 182.7 million; Market cap: $2.0 billion; Takeover Target Rating: Highest; Dividend yield: 0.4%; TSINetwork Rating: Specualtive; www. hbc.com) operates Canadian retail chains Hudson’s Bay and Home Outfitters; HBC Europe; Lord & Taylor; Saks Fifth Avenue and Saks Fifth Avenue Off 5th.
The retailer seems to be taking some of the advice of activist investor Jonathan Litt, who holds roughly 5% of the company....
The retailer seems to be taking some of the advice of activist investor Jonathan Litt, who holds roughly 5% of the company....
PHILLIPS 66 $93 (New York symbol PSX; Manufacturing Sector; Shares outstanding: 506.7 million; Market cap: $47.1 billion; Takeover Target Rating: Medium; Divd. yield: 3.0%; TSINetwork Rating: Average; www.phillips66. com) refines and transports oil and gas, operates Phillips 66 gas stations, and owns 50% of a chemical firm with Chevron Corp.
The company has its roots in Phillips Petroleum, founded in 1917 by brothers Frank and L.E....
The company has its roots in Phillips Petroleum, founded in 1917 by brothers Frank and L.E....
STANTEC INC. $35.44 (Toronto symbol STN; TSINetwork Rating: Extra Risk) (780-917-7288; www.stantec.com; Shares o/s: 113.8 million; Market cap: $4.1 billion; Divd. yield: 1.4%) sells consulting, project management, design and technology services. Most of its clients operate in the oil and gas, transportation and construction industries.
In the three months ended September 30, 2017, the company’s revenue rose 3.3%, to $1.30 billion from $1.26 billion a year earlier....
In the three months ended September 30, 2017, the company’s revenue rose 3.3%, to $1.30 billion from $1.26 billion a year earlier....
RUSSEL METALS $28.01 (Toronto symbol RUS; TSINetwork Rating: Extra Risk) (905-819- 7777; www.russelmetals.com; Shares o/s: 61.8 million; Market cap: $1.7 billion; Divd. yield: 5.4%) is one of North America’s largest metal distributors. It serves over 28,000 clients at 51 locations in Canada and 12 in the U.S.
Russel has now gained on three fronts: an expanding U.S....
Russel has now gained on three fronts: an expanding U.S....
CHEMTRADE LOGISTICS INCOME FUND $19.00 (Toronto symbol CHE.UN; TSINetwork Rating: Speculative) (416-496-5856; www.chemtradelogistics. com; Units outstanding: 92.6 million; Market cap: $1.8 billion; Dividend yield: 6.3%) is one of the largest removal-service providers for resource firms that create acids and sulphur as byproducts....
We think it’s all but impossible to duplicate the investment success of celebrated investors such as Warren Buffett, Bill Ackman, Carl Icahn, Daniel Loeb and David Tepper. That hasn’t kept these two ETFs from trying. Each aims to track the holdings of the most prominent investors.
DIREXION IBILLIONAIRE INDEX ETF $32 (New York symbol IBLN; TSINetwork ETF Rating: Aggressive; Market cap: $14.2 million) tracks the iBillionaire Index, which aims to replicate the largest stock holdings of a select group of 10 billionaires.
The fund invests in large companies listed in the U.S....
DIREXION IBILLIONAIRE INDEX ETF $32 (New York symbol IBLN; TSINetwork ETF Rating: Aggressive; Market cap: $14.2 million) tracks the iBillionaire Index, which aims to replicate the largest stock holdings of a select group of 10 billionaires.
The fund invests in large companies listed in the U.S....
Political and environmental opposition to new oil pipelines has prompted TransCanada and Enbridge to acquire big U.S. pipeline firms. Using acquisitions to expand adds risk, but those new businesses own regulated assets with predictable cash flows.
Both TransCanada and Enbridge have pledged to use the extra cash flow from their new businesses to increase their dividends....
Both TransCanada and Enbridge have pledged to use the extra cash flow from their new businesses to increase their dividends....
TRANSCANADA CORP. $61.75 (Toronto symbol TRP; Shares outstanding: 800.3 million; Market cap: $53.3 billion; TSINetwork Rating: Above Average; Dividend yield: 4.1%; www. transcanada.com) has agreed to sell its eight solar power facilities in Ontario to Axium Infrastructure Canada II Limited Partnership....
IMPERIAL OIL $41.46 (Toronto symbol IMO; Shares outstanding: 844.3 million; Market cap: $34.7 billion; TSINetwork Rating: Average; Dividend yield: 1.5%; www. imperialoil.ca) is Canada’s second-largest publicly traded oil company, after Suncor. ExxonMobil (New York symbol XOM) owns 69.6% of Imperial.
About 90% of the company’s crude production comes from its Alberta oil sands operations, including its 25% stake in the Syncrude project.
Imperial manages that operation, although Suncor holds a 53.74% share....
About 90% of the company’s crude production comes from its Alberta oil sands operations, including its 25% stake in the Syncrude project.
Imperial manages that operation, although Suncor holds a 53.74% share....
With 57 dealerships across the country, AutoCanada continues to see its new car sales rise, but its growth-by-acquisition strategy adds risk.