oil prices
The price for West Texas Intermediate crude oil fell to a negative $37 U.S. a barrel in April 2020 as the COVID-19 pandemic, combined with a lack of storage space, triggered a massive sell-off of oil futures contracts. Prices have since recovered to around $42 U.S.
However, oil demand remains vulnerable as the second wave of COVID-19 could lead to more lockdowns....
The coronavirus pandemic presents both of these industrials with unique challenges. However, each has streamlined operations and is prepared to weather this crisis to prosper in the future. We see both stocks as buys.
GOODYEAR TIRE & RUBBER $10.65 (Nasdaq symbol GT; TSINetwork Rating: Extra Risk) (www.goodyear.com; Shares outstanding: 233.1 million; Market cap: $2.5 billion; No dividends paid) is one of the world’s largest tire makers....
GOODYEAR TIRE & RUBBER $10.65 (Nasdaq symbol GT; TSINetwork Rating: Extra Risk) (www.goodyear.com; Shares outstanding: 233.1 million; Market cap: $2.5 billion; No dividends paid) is one of the world’s largest tire makers....
Investment forecasting—especially when part of a sales pitch—is just one example of how conflicts of interest can hurt you
Here’s an excerpt from a recent issue of Advice for Inner Circle Members:
“The timing of downturns is largely random....
“The timing of downturns is largely random....
Recently a friend asked, “Any ideas re how I can get smarter about SPACs in Canada and how they vary from the U.S. versions?”
My short answer(s): “No and no.” In fact, I can’t imagine a situation where I’d buy or recommend a SPAC (Special Purpose Acquisition Company), U.S....
My short answer(s): “No and no.” In fact, I can’t imagine a situation where I’d buy or recommend a SPAC (Special Purpose Acquisition Company), U.S....
Most of Pembina’s pipelines operate under long-term contracts, with Algonquin’s renewable energy projects also selling their power under long-term government-guaranteed agreements. That helps lower risk for both firms in today’s uncertain economy....
Those industrials remain profitable despite COVID-19-induced slowdowns in their markets. Meanwhile, both yield over 8%. That adds an extra layer to their appeal and helps support their share prices. Each is a buy.
RUSSEL METALS $18.00 (New York symbol XEC; TSINetwork Rating: Extra Risk) (www.russelmetals.com; Shares outstanding: 62.2 million; Market cap: $1.1 billion; Dividend yield: 8.4%) is one of North America’s largest metal distributors: the company (symbol RUS on Toronto) serves 33,000 clients at 48 locations in Canada and 16 others in the U.S.
Governments have designated most of Russel’s operations as “essential,” so they continued to operate during the COVID-19 lockdowns....
RUSSEL METALS $18.00 (New York symbol XEC; TSINetwork Rating: Extra Risk) (www.russelmetals.com; Shares outstanding: 62.2 million; Market cap: $1.1 billion; Dividend yield: 8.4%) is one of North America’s largest metal distributors: the company (symbol RUS on Toronto) serves 33,000 clients at 48 locations in Canada and 16 others in the U.S.
Governments have designated most of Russel’s operations as “essential,” so they continued to operate during the COVID-19 lockdowns....
A: Tamarack Valley Energy, $0.78, symbol TVE on Toronto (Shares outstanding: 222.8 million; Market cap: $171.2 million; www.tamarackvalley.ca), is an oil and gas exploration and production firm in Western Canada....
The highest yield dividend stocks are great for your portfolio—but only if there’s a history of paying a steady dividend and the high yield isn’t misleading
These two firms remain essential equipment suppliers to oil producers, so the onset of COVID-19 and the collapse of oil prices have hurt this year’s earnings. However, their strong balance sheets will help them cope with the crisis and maintain their current dividends.
FINNING INTERNATIONAL INC....