oil prices

The ETF, or exchange traded fund, is the biggest advance for individual investors since the introduction of discount brokers. Both help you cut costs. But both these developments expose you to risk as well.

When you deal with a discount broker, you pay a lot less to act on your investment transactions than you would when dealing with a standard broker....
IMPERIAL OIL LTD. $33.93 (Toronto symbol IMO; Shares outstanding: 764.2 million; Market cap: $26.3 billion; TSINetwork Rating: Average; Dividend yield: 2.6%; www.imperialoil.ca) is Canada’s third-largest publicly traded oil company, after Suncor (No....
“A rising market climbs a wall of worry.”

—origin unknown, in use with numerous variations, since at least the 1970s

I’ve mentioned many times over the years that the quote above is one of the wisest investment one-liners I’ve come across. However, it can be useful or misleading, depending on how you interpret it.

The best use is to take it as a reminder that in a healthy, rising market that has additional gains ahead, you never run out of things to worry about....

CAMECO CORP. $12.46 (Toronto symbol CCO; TSINetwork Rating: Extra Risk) (306-956-6200; www.cameco.com; Shares outstanding: 395.8 million; Market cap: $4.9 billion; Dividend yield 0.6%) is the world’s biggest uranium producer.


The company’s revenue in the quarter ended June 30, 2019, rose 16.5%, to $388 million from $333 million a year earlier....
A: The Horizons Seasonal Rotation ETF, $22.15, symbol HAC on Toronto (Units outstanding: 13.1 million; Market cap: $290.2 million; www.horizonsetfs.com), is an example of an ETF that shows a wide disparity between its holding and the investments that the sales literature describes.

For example, this ETF aims to tactically spread and move around its holdings between stocks, fixed-income investments, commodities and currencies based on historically demonstrated seasonal trends....
The slowing global economy continues to weigh on oil prices. That, in turn, has hurt the stock prices of oil producers.


We still advise investors to maintain some exposure to oil. For new buying, however, we prefer integrated producers like Chevron over exploration firms like Apache....
A: Mainstreet Equity Corp., $64.36, symbol MEQ on Toronto (Shares outstanding: 9.4 million; Market cap: $603.8 million; www.mainst.biz), owns 326 properties with a total of 12,333 apartment units, mainly in Western Canada.

In the three months ended June 30, 2019, the company’s revenue rose 18.4%, to $34.7 million from $29.3 million a year earlier....

IMPERIAL OIL LTD. $33 (Toronto symbol IMO; Conservative Growth and Income Portfolios, Shares outstanding: 802.7 million; Market cap: $26.5 billion; Price-to-sales ratio: 0.8; Dividend yield: 2.7%; TSINetwork Rating: Average; www.imperialoil.ca) is a leading Canadian producer and refiner on crude oil....
What is Pat’s commentary for the week of August 7, 2019
A top oil ETF will give your portfolio exposure to oil prices. But like all ETFs, you need to choose wisely.