oil prices
The best mining company stocks will have a record of success and a strong management team
PASON SYSTEMS $16.32 (Toronto symbol PSI; TSINetwork Rating: Speculative) (403-301-3400; www.pason. com; Shares outstanding: 84.4 million; Market cap: $1.4 billion; Dividend yield: 4.2%) serves the drilling contractors of oil and gas firms in Canada, the U.S., Mexico and Argentina....
Dear client,
Oil prices have moved up to $45 U.S. from their January 2016 low of $34. Even so, crude prices are likely to remain volatile over the next year or so.
We feel most investors will benefit from keeping about 10% to 15% of their stock portfolios in the resources sector.
We also recommend sticking to larger integrated oil producers such as Imperial Oil....
Oil prices have moved up to $45 U.S. from their January 2016 low of $34. Even so, crude prices are likely to remain volatile over the next year or so.
We feel most investors will benefit from keeping about 10% to 15% of their stock portfolios in the resources sector.
We also recommend sticking to larger integrated oil producers such as Imperial Oil....
While Imperial Oil (see page 111) is our top oil stock, we also like the outlook for these three industry firms.
They have all cut their costs, which should rapidly expand their earnings and cash flow as crude prices continue to recover. Moreover, their high-quality reserves should last decades.
SUNCOR ENERGY INC....
They have all cut their costs, which should rapidly expand their earnings and cash flow as crude prices continue to recover. Moreover, their high-quality reserves should last decades.
SUNCOR ENERGY INC....
ROYAL BANK OF CANADA $83 (Toronto symbol RY; Income Growth Dividend Payer Portfolio, Finance sector; Shares outstanding: 1.5 billion; Market cap: $124.5 billion; Price-to-sales ratio: 3.5; Dividend yield: 4.0%; Dividend Sustainability Rating: Highest; www.rbc.com) is Canada’s largest bank with assets of $1.15 trillion.
Royal recently paid $5.5 billion U.S....
Royal recently paid $5.5 billion U.S....
Knowing the ins and outs of how to invest in oil stocks will help you cut your risk—and boost your gains
Which do you think leads to better performance: the bottom-up approach or the top-down approach? The answer may surprise you
It’s hard to make money from seasonal trends like the summer market doldrums
CENOVUS ENERGY INC. $20 (Toronto symbol CVE; Conservative Growth Portfolio, Resources sector; Shares outstanding: 833.2 million; Market cap: $16.7 billion; Price-to-sales ratio: 1.5; Dividend yield: 1.0%; TSI Network Rating: Average; www.cenovus.com) gets 35% of its revenue from its Western Canadian oil sands properties and conventional oil and gas wells.
Its biggest properties are its 50%-owned Christina Lake and Foster Creek oil sands projects; Conoco Philips (New York symbol COP) owns the remaining 50%.
Refineries temper Cenovus’s risk
Refining supplies the remaining 65% of Cenovus’s revenue....
Its biggest properties are its 50%-owned Christina Lake and Foster Creek oil sands projects; Conoco Philips (New York symbol COP) owns the remaining 50%.
Refineries temper Cenovus’s risk
Refining supplies the remaining 65% of Cenovus’s revenue....
We think conservative investors can hold up to 10% of their portfolios in foreign stocks. One way to do that is to buy carefully chosen exchange-traded funds (ETFs) that have an overseas focus.
The best ETFs continue to offer very low management fees and well-diversified, tax-efficient portfolios of high-quality stocks....
The best ETFs continue to offer very low management fees and well-diversified, tax-efficient portfolios of high-quality stocks....