oil prices
General Electric’s shares are down over 20% since the start of 2017. The decline is largely due to uncertainty about future oil prices. That volatility has prompted many producers to delay new purchases of GE’s drilling equipment. The company’s overall sales have also slowed because of a global oversupply of locomotives....
DEVON ENERGY CORP. $30.66 (New York symbol DVN; TSINetwork Rating: Extra Risk) (405-235-3611; www.dvn.com; Shares outstanding: 525.7 million; Market cap: $16.1 billion; Dividend yield: 0.8%) is one of the largest explorers and producers of oil and natural gas in the U.S....
How to determine if TSX dividend stocks will keep on paying, and raising, their dividends
Oil prices have moved up about 8% in the past two months to roughly $50 U.S. a barrel. The gain is largely due to OPEC’s production cuts. U.S. output of shale oil has also slowed as producers focus on their most-promising operations.
We continue to recommend all investors hang on to their high-quality oil producers such as the four we analyze below....
We continue to recommend all investors hang on to their high-quality oil producers such as the four we analyze below....
Here’s the text of the most-recent letter I sent to our Portfolio Management clients in late July:
“Often, one or more big or key idea(s) provide the stock market with its main direction.
Many investors instinctively try to spot these big ideas....
“Often, one or more big or key idea(s) provide the stock market with its main direction.
Many investors instinctively try to spot these big ideas....
How To Pick The Right TSX Energy Stocks For Your Portfolio
A: The linkage between oil prices and pipelines is multi-faceted.
In the short-term, due to long-term contracts and other arrangements, the impact of falling oil prices is minimal for most major pipeline companies.
However, a sustained period of depressed oil prices could result in lower volumes being transported....
In the short-term, due to long-term contracts and other arrangements, the impact of falling oil prices is minimal for most major pipeline companies.
However, a sustained period of depressed oil prices could result in lower volumes being transported....
CAMECO CORP. $12.62 (Toronto symbol CCO; TSINetwork Rating: Extra Risk) (306-956-6200; www.cameco.com; Shares outstanding: 396.0 million; Market cap: $5.0 billion; Dividend yield 3.2%) is up 8% on heightened investor interest in it and other depressed uranium stocks....
PASON SYSTEMS $18.03 (Toronto symbol PSI; TSINetwork Rating: Speculative) (403-301-3400; www.pason.com; Shares outstanding: 84.8 million; Market cap: $1.5 billion; Dividend yield: 3.8%) serves drilling contractors for oil and gas firms in Canada, the U.S., Mexico and Argentina....
CANADIAN NATIONAL RAILWAY CO. $107 (Toronto symbol CNR; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 756.1 million; Market cap: $80.9 billion; Price-to-sales ratio: 6.6; Dividend yield: 1.8%; TSINetwork Rating: Above Average; www.cn.ca) operates Canada’s largest railway....