oil prices
RUSSEL METALS INC. $39 is a buy. The company (Toronto symbol RUS; Cyclical-Growth Dividend Payer Portfolio, Manufacturing & Industry sector; Shares outstanding: 57.0 million; Market cap: $2.2 billion; Dividend yield: 4.3%; Dividend Sustainability Rating: Above Average; www.russelmetals.com) is a leading metals distributor in North America, with more than 30,000 end customers.
With the June 2024 payment, Russel raised your quarterly dividend by 5.0%, to $0.42 a share from $0.40....
SOUTH BOW CORP., $32.31, Toronto symbol SOBO, is a hold.
On October 1, 2024, TC Energy Corp. (Toronto symbol TRP) completed the spinoff of its oil pipeline business as separate company South Bow. Investors received 0.2 of a South Bow share for every TC share they held....
On October 1, 2024, TC Energy Corp. (Toronto symbol TRP) completed the spinoff of its oil pipeline business as separate company South Bow. Investors received 0.2 of a South Bow share for every TC share they held....
Alimentation Couche-Tard has rewarded our subscribers with big gains over the years. We first recommended this convenience store giant in our December 2008 issue at $15.50 a share. Since then, the stock has split 3-for-1 and then 2-for-1. That takes our cost down to $2.58 a share—and gives you a tremendous 2,708.1% gain!
Note that Couche-Tard’s growth by acquisition still carries risk—more on that below, including an update on the company’s most recent attempts to purchase the 7-Eleven chain....
Note that Couche-Tard’s growth by acquisition still carries risk—more on that below, including an update on the company’s most recent attempts to purchase the 7-Eleven chain....
Oil giant Chevron recently won U.S. regulatory approval for its deal to buy smaller rival Hess Corp. While expanding by acquisition adds risk, the new operations will add several promising properties to Chevron’s reserves. The extra cash flow will also let the oil giant keep raising your dividend—something it’s done each of the past 37 years.
CHEVRON CORP....
CHEVRON CORP....
CHEVRON CORP. $144 is a buy. The integrated oil producer (New York symbol CVX; Cyclical-Growth Dividend Payer Portfolio, Resources sector; Shares outstanding: 1.8 billion; Market cap: $259.2 billion; Dividend yield: 4.5%; Dividend Sustainability Rating: Above Average; www.chevron.com) raised your quarterly dividend by 7.9% with the March 2024 payment....
You can develop an aggressive ETF portfolio model to add to your conservative profits—but we recommend you follow these tips
OMAI GOLD MINES CORP., $0.16, symbol OMG on TSX Venture, owns 100% of the past producing Omai gold mine in Guyana. The company currently does not generate revenue from the mine.
The history of the Omai gold mine dates back to March 1993. That’s when Cambior Inc....
The history of the Omai gold mine dates back to March 1993. That’s when Cambior Inc....
COLLIERS INTERNATIONAL GROUP INC., $189.43, Toronto symbol CIGI, is a buy for aggressive investors.
This company offers a range of services, including helping clients buy and sell commercial real estate, arranging financing, and assessing properties for tax purposes.
Colliers tends to use acquisitions to enhance its market share and spur its long-term growth....
This company offers a range of services, including helping clients buy and sell commercial real estate, arranging financing, and assessing properties for tax purposes.
Colliers tends to use acquisitions to enhance its market share and spur its long-term growth....
Partly due to pressure from an activist investor, Suncor recently shifted its focus to its main oil sands properties in Alberta. The company is also cutting its costs, which will free up more cash to reward investors with higher dividends and share buybacks.
SUNCOR ENERGY INC....
SUNCOR ENERGY INC....
In addition to Suncor (see page 41), we also like the outlook for these three oil producers. Like Suncor, they have used their stronger cash flows in the past few years to pay down debt. That is giving them more room for dividend increases and share buybacks.
IMPERIAL OIL LTD....
IMPERIAL OIL LTD....