oil prices
PEYTO EXPLORATION & DEVELOPMENT CORP. $15.65 (Toronto symbol PEY; Shares outstanding: 164.6 million; Market cap: $2.6 billion; TSINetwork Rating: Extra Risk; Dividend yield: 8.4%; www.peyto.com) produces and explores for oil and natural gas in Alberta....
IMPERIAL OIL $39.69 (Toronto symbol IMO; Shares outstanding: 837.6 million; Market cap: $33.2 billion; TSINetwork Rating: Average; Dividend yield: 1.6%; www.imperialoil.ca) is Canada’s second-largest publicly traded oil company, after Suncor. ExxonMobil (New York symbol OM) owns 69.6% of Imperial.
Oil prices are above $61 U.S....
Oil prices are above $61 U.S....
Selecting stocks you can hold for years is a key goal for investors learning how to invest in oil stocks
DEVON ENERGY CORP. $38.12 (New York symbol DVN; TSINetwork Rating: Extra Risk) (405-235-3611; www.dvn.com; Shares outstanding: 525.5 million; Market cap: $20.0 billion; Dividend yield: 0.6%) is one of the largest explorers and producers of oil and natural gas in the U.S....
Dear Inner Circle member,
Here’s the text of the most-recent letter I sent to our Portfolio Management clients in late October:
“Emergency government measures can have unpleasant, unforeseeable side effects for the economy and investors. But you need a long-term perspective to see the link between cause and effect.
The 2008/2009 financial crisis was the world’s worst financial upset since the 1930s....
Here’s the text of the most-recent letter I sent to our Portfolio Management clients in late October:
“Emergency government measures can have unpleasant, unforeseeable side effects for the economy and investors. But you need a long-term perspective to see the link between cause and effect.
The 2008/2009 financial crisis was the world’s worst financial upset since the 1930s....
CAMECO CORP. $11.30 (Toronto symbol CCO; TSINetwork Rating: Extra Risk) (306-956-6200; www.cameco. com; Shares outstanding: 395.8 million; Market cap: $4.6 billion; Dividend yield 0.7%) is the world’s biggest uranium producer. It has large, high-grade reserves spread across several mining sites, but also has low-cost operations and significant market share.
The company’s revenue in the latest quarter dropped 27.5%, to $486 million from $670 million a year earlier....
The company’s revenue in the latest quarter dropped 27.5%, to $486 million from $670 million a year earlier....
SUNCOR ENERGY INC. $46 (Toronto symbol SU; Conservative Growth Portfolio, Resources sector; Shares outstanding: 1.7 billion; Market cap: $78.2 billion; Price-tosales ratio: 2.5; Dividend yield: 2.8%; TSINetwork Rating: Average; www.suncor.com) is Canada’s largest integrated oil company, with its major projects in the Alberta oil sands....
TELUS $46.88 (Toronto symbol T; Shares outstanding: 594.0 million; Market cap: $27.9 billion; TSINetwork Rating: Above Average; Divd. yield: 4.2%; www.telus.com) owns 65% of Telus International. Formed in 2005, this business operates call centres on behalf of corporate clients in North America, Central America, Europe and Asia....
For energy stock investors, the oil vs solar debate needs to consider changing technology, plus supply and demand.
Chevron and Suncor are close to finishing major projects that should spur their earnings—and dividends—for years to come. Both companies already hold less risk than other producers. That’s because their oil refining businesses cut their exposure to volatile crude oil prices.
CHEVRON CORP....
CHEVRON CORP....