oil prices
An abundance of oil and natural gas resources has made Norway one of the wealthiest countries in the world. However, efforts are underway to diversify its economy beyond natural resources, and there are early signs of success.
Time will tell how complete or successful that transition is....
Time will tell how complete or successful that transition is....
MOLSON COORS CANADA INC. (Toronto symbols TPX.A $99 and TPX.B $102; Conservative Growth and Income Portfolios, Consumer sector; Shares outstanding: 215.3 million; Market cap: $22.0 billion; Price-to-sales ratio: 0.7; Dividend yield: 2.0%; TSINetwork Rating: Average; www.molsoncoors.com) acquired the remaining 58% of the MillerCoors brewing joint venture in October 2016 for $12 billion (all amounts except share prices and market cap in U.S....
We like Encana and Cenovus, mainly due to their high-quality reserves and low operating costs. However, Encana’s exposure to weak gas prices hurts its appeal.
ENCANA CORP. $15 (Toronto symbol ECA; Conservative Growth Portfolio, Resources sector; Shares outstanding: 971.0 million; Market cap: $14.6 billion; Price-to-sales ratio: 3.6; Dividend yield: 0.5%; TSINetwork Rating: Average; www.encana.com) has four key properties: Montney (B.C.), Duvernay (Alberta), and Eagle Ford and Permian (both in Texas)....
ENCANA CORP. $15 (Toronto symbol ECA; Conservative Growth Portfolio, Resources sector; Shares outstanding: 971.0 million; Market cap: $14.6 billion; Price-to-sales ratio: 3.6; Dividend yield: 0.5%; TSINetwork Rating: Average; www.encana.com) has four key properties: Montney (B.C.), Duvernay (Alberta), and Eagle Ford and Permian (both in Texas)....
ENCANA CORP. $13.46 (Toronto symbol ECA; Shares outstanding: 973.1 million; Market cap: $13.5 billion; TSINetwork Rating: Average; Dividend yield: 0.6%; www. encana.com) has four key properties: Montney (B.C.), Duvernay (Alberta), and Eagle Ford and Permian (both in Texas)....
U.S. oil production continues to rise, as new drilling techniques like fracking significantly cut costs. That helps protect the profitability of many oil fields, even if oil prices move down.
However, we feel oil prices will likely stay in a narrow range for the next year or so....
However, we feel oil prices will likely stay in a narrow range for the next year or so....
BIRCHCLIFF ENERGY $3.23 (Toronto symbol BIR; TSINetwork Rating: Speculative) (403-261-6401; www. birchcliffenergy.com; Shares outstanding: 263.0 million; Market cap: $829.3 million; Dividend yield: 3.1%) explores for, develops and produces oil and gas, mainly in the Peace River Arch area of both Alberta and B.C....
Oil prices have jumped over 30% in the past six months. That’s mainly due to production cuts by OPEC and an improving global economy.
The good news for Pengrowth and Precision Drilling doesn’t end there: those higher oil prices will spur their earnings but also help them pay down their high debt loads....
The good news for Pengrowth and Precision Drilling doesn’t end there: those higher oil prices will spur their earnings but also help them pay down their high debt loads....
J.P. MORGAN CHASE & CO. $116 (New York symbol JPM; Income Portfolio, Finance sector; Shares o/s: 3.5 billion; Market cap: $406.0 billion; Price-to-sales ratio: 4.3; Dividend yield: 1.9%; TSINetwork Rating: Average; www. jpmorganchase.com) is the largest banking firm in the U.S., with total assets of $2.5 trillion as of December 31, 2017.
Morgan has four main businesses: Consumer and Community Banking, including branches and credit cards (45% of 2017 revenue, 36% of earnings); Corporate and Investment Banking, including brokerage and underwriting services (34%, 41%); Asset Management (13%, 9%); and Commercial Banking, which provides financing and other services to business clients (8%, 14%)....
Morgan has four main businesses: Consumer and Community Banking, including branches and credit cards (45% of 2017 revenue, 36% of earnings); Corporate and Investment Banking, including brokerage and underwriting services (34%, 41%); Asset Management (13%, 9%); and Commercial Banking, which provides financing and other services to business clients (8%, 14%)....
A: Methanex Corp., $74.16, symbol MX on Toronto (Shares outstanding: 89.8 million; Market cap: $6.6 billion; www.methanex.com), is a Vancouver-based methanol producer and distributor....
Investing in oil stocks and other resource sector investments can be profitable if you choose technologically advanced, well-run companies