oil and gas

We think conservative investors can hold up to 10% of their portfolios in foreign stocks. One way to do that is by choosing exchange-traded funds (ETFs) with an overseas focus.


The best ETFs continue to offer very low management fees and well-diversified, tax-efficient portfolios of highquality stocks.


Here’s a look at four international ETFs we see as buys, and two we feel you should continue to hold.


ISHARES MSCI EMERGING MARKETS INDEX FUND $41.20 (New York symbol EEM; buy or sell through brokers) aims to track the MSCI Emerging Markets Index.


The fund’s geographic breakdown includes China, 26.9%; South Korea, 15.5%; Taiwan, 12.2%; India, 8.5%; Brazil, 6.9%; South Africa, 6.6%; Mexico, 3.6%; Russia, 3.4%; Indonesia, 2.5%; Malaysia, 2.4%; Thailand, 2.2%; and Poland, 1.3%.


Its top holdings are Tencent Holdings (China: Internet), 4.3%; Samsung Electronics (South Korea), 4.3%; Taiwan Semiconductor (computer chips), 3.6%; Alibaba Group (China: e-commerce), 3.0%; Naspers (South Africa: media and Internet), 2.0%; China Construction Bank, 1.5%; China Mobile, 1.5%; Hon Hai Precision (Taiwan), 1.2%; Baidu (China: Internet), 1.1%; and Industrial & Commercial Bank of China, 1.1%.


iShares launched the ETF on April 7, 2003....
ENBRIDGE INC. $52.00 (Toronto symbol ENB; Shares outstanding: 1.6 billion; Market cap: $85.2 billion; TSINetwork Rating: Above Average; Dividend yield: 4.7%; www.enbridge. com) completed its all-stock purchase of Spectra Energy in February 2017. That firm operates crude oil and natural gas pipelines in the U.S....
CRESCENT POINT ENERGY $11.72 (Toronto symbol CPG; Shares outstanding: 544.6 million; Market cap: $6.4 billion; TSINetwork Rating: Extra Risk; Dividend yield: 3.1%; www.crescentpointenergy.com) produces oil and natural gas in Western Canada. It is now focused on its Bakken light oil development in southeastern Saskatchewan....
A: Whitecap Resources, $10.05, symbol WCP on Toronto (Shares outstanding: 368.9 million; Market cap: $3.7 billion; www.wcap.ca), produces and explores for oil and natural gas in Western Canada....
Cenovus Energy increased its production at the time of the Alberta wildfires and strategic cost-cutting should save it $500 million in 2016.
WAJAX CORP. $22.64 (Toronto symbol WJX; TSINetwork Rating: Extra Risk) (905-212-3300; www.wajax.ca; Shares outstanding: 20.0 million; Market cap: $477.0 million; Dividend yield: 4.4%) sells and services cranes, forklifts and other heavy equipment. It also provides related parts and systems such as ball bearings, hoses, diesel en gines and transmissions.


Wajax’s customers are spread across the resources, construction, manufacturing and transportation industries.


In the three months ended March 31, 2017, the company’s revenue rose 11.7%, to $318.4 million from $285.0 million a year earlier....
WEIGHT WATCHERS INTERNATIONAL $23.51 (New York symbol WTW; TSINetwork Rating: Extra Risk) (212-589-2700; www.weightwatchers.com; Shares outstanding: 64.0 million; Market cap: $1.6 billion; No dividends paid) continues to increase its membership: the number of active subscribers stood at 3.6 million on April 1, 2017....
A: Trican Well Service, $4.23, symbol TCW on Toronto (Shares outstanding: 193.2 million; Market cap: $790.0 million; www.tricanwellservice.com), provides specialized products, equipment and services that are used during the exploration and drilling of oil and gas reserves.


In 2015 and 2016, the company discontinued its other operations in Canada (related to completion tools services), Russia (related to pressure pumping operations and completion tools services), the U.S....
A: Spartan Energy, $2.40, symbol SPE on Toronto (Shares outstanding: 344.9 million; Market cap: $1.3 billion; www.spartanenergy.ca), develops, produces and explores for oil and natural gas, mostly in Saskatchewan.


Spartan Energy is led by the former management of Spartan Oil....
Below are four oil producers that cut risk with their low costs and high-quality reserves. Although crude prices have moved down lately, we continue to recommend all investors maintain some exposure to oil stocks such as these.


SUNCOR ENERGY INC. $44 (Toronto symbol SU; Conservative Growth Portfolio, Resources sector; s/o: 1.7 billion; Market cap: $74.8 billion; Price-to-sales ratio: 2.5; Divd....