Deal sets up Pembina for more gains

Pembina Pipeline recently put its natural gas-processing facilities in Western Canada into a new joint venture with private equity firm KKR. It will use cash it received through the deal to pay down debt and buy back shares. That should push up the stock. At… Read More

APA doubles its dividend

APA CORP. $35 is a hold. The company (New York symbol APA; Aggressive Growth Portfolio, Resources sector; Shares outstanding: 338.2 million; Market cap: $11.8 billion; Price-to-sales ratio: 1.1; Dividend yield: 2.9%; TSINetwork Rating: Average; www.apacorp.com) produces oil and natural gas in the U.S., Egypt and the U.K.
Thanks to… Read More

Get a 4.3% yield from Russel Metals Inc.

Get a 4.3% yield from Russel Metals Inc.

The improved economy and higher oil prices led to a 70.9% revenue jump for this company during the quarter ended December 31, 2021.

The stock trades at 10.1 times the company’s 2022 earnings forecast.

RUSSEL METALS (Toronto symbol RUS; www.russelmetals.com) is one of North America’s largest metal… Read More