oil and gas
For energy stock investors, the oil vs solar debate needs to consider changing technology, plus supply and demand.
A: Velan Inc., $17.75, symbol VLN on Toronto (Shares outstanding: 21.6 million; Market cap: 385.5 million; www.velan.com), designs, manufactures and markets a broad range of steel industrial valves that are used across the globe for several industry applications....
Industrial stocks Russel Metals and Stuart Olson are both high-yielding value stocks, but we feel Russel is the better buy right now.
GENERAL ELECTRIC CO. $22 (New York symbol GE; Income Portfolio, Manufacturing & Industry sector; Shares outstanding: 8.7 billion; Market cap: $191.4 billion; Price-to-sales ratio: 1.6; Dividend yield: 4.4%; TSINetwork Rating: Above Average; www.ge.com) is a leading maker of industrial machinery, including jet engines, power plant equipment and locomotives....
RUSSEL METALS INC. $28 (Toronto symbol RUS; Cyclical- Growth Dividend Payer Portfolio, Manufacturing & Industry sector; Shares outstanding: 61.8 million; Market cap: $1.7 billion; Dividend yield: 5.4%; Dividend Sustainability Rating: Above Average; www.russelmetals.com) is one of North America’s largest metal distributors, serving 43,000 clients, at 50 locations in Canada and 14 in the U.S....
SINA CORP. $115 (Nasdaq symbol SINA; Consumer sector; Shares outstanding: 71.5 million; Market cap: $8.2 billion; Takeover Target Rating: Lowest; No dividends paid; TSINetwork Rating: Extra Risk; www.sina.com) is one of China’s best-known Internet companies....
BAKER HUGHES, a GE co. $34 (New York symbol BHGE; Resources sector; Shares outstanding: 428.0 million; Market cap: $14.6 billion; Takeover Target Rating: Medium; Dividend yield: 2.0%; TSINetwork Rating: Average; www.bhge.com) is now one of the world’s largest oilfield-services firms.
The new c o m p a n y was formed in July 2017 when Baker H u g h e s merged with GE’s oil and gas business.
The deal combined GE’s data analytics and high-tech operations with Baker Hughes’ oilfield expertise....
The new c o m p a n y was formed in July 2017 when Baker H u g h e s merged with GE’s oil and gas business.
The deal combined GE’s data analytics and high-tech operations with Baker Hughes’ oilfield expertise....
DREAM OFFICE REIT $21.04 (Toronto symbol D.UN; TSINetwork Rating: Extra Risk) (416-365-3535; www. dream.ca/office; Units outstanding: 82.5 million; Market cap: $1.7 billion; Dividend yield: 4.8%) owns and manages 51 office and retail properties in major Canadian cities comprising 9.0 million square feet.
In early 2016, the REIT launched a three-year strategic plan to push up its unit price....
In early 2016, the REIT launched a three-year strategic plan to push up its unit price....
PASON SYSTEMS $18.50 (Toronto symbol PSI; TSINetwork Rating: Speculative) (403-301-3400; www.pason.com; Shares outstanding: 84.9 million; Market cap: $1.6 billion; Dividend yield: 3.7%) serves drilling contractors for oil and gas firms in Canada, the U.S., Mexico and Argentina....
BIRCHCLIFF ENERGY $5.19 (Toronto symbol BIR; TSINetwork Rating: Speculative) (403-261-6401; www. birchcliffenergy.com; Shares outstanding: 263.0 million; Market cap: $1.4 billion; Dividends yield: 1.9%) explores for, develops and produces oil and gas, mainly in the Peace River Arch area of both Alberta and B.C....