Oil stocks are share issues of companies that explore for, develop and produce oil.
At TSI Network, we continue to advise against overindulging in oil stocks. That’s because the Resource sector (including oil) is highly volatile, and no one can accurately predict future oil prices. As well, oil companies are subject to various environmental regulations and royalties that can eat into their profits.
However, you can profit nicely over long periods by investing a reasonable portion of your portfolio in well-established or well-managed oil stocks, especially those with high-quality reserves and rising production. These companies are well-positioned to profit during periods of high oil prices, and are able to at least partly offset price declines by producing more oil.
Investors should also seek out oil company stocks that have strong balance sheets and the financial strength to take advantage of low oil prices to pick up properties and employees who might be harder to find in more prosperous times.
Junior oil stocks can be particularly risky and should only be held by aggressive investors. But you can integrate them into a well-balanced portfolio by following TSI Network and using our three-part Successful Investor strategy:
Discover how to build a winning stock market portfolio in this free special report, Canadian Stock Market Basics: How to Trade Stocks and Make Good Investments in Canada, from TSI Network.
Imperial Oil is now trading at all-time highs—and in fact, the stock has delivered a whopping 1,484.6% gain (not including dividends) for our investors since we first recommended it as a buy in April 1995. Still, we think the stock can go even higher.
Imperial is… Read More
To determine when to buy ETFs, some investors use technical analysis and other tools. But you need to dig deeper.
Investors often wonder: what is a good entry point when purchasing a stock or an ETF?
The first question before asking when to buy an ETF, when… Read More
Understand how to pick an ETF the best way and you will stay away from overpriced choices while targeting the market’s best. Learn more now
We still feel that investors will profit the most with a well-balanced portfolio of high-quality individual stocks, but ETFs can also… Read More
Oil stocks continue to rebound from their 2020 lows as the re-opening of the global economy pushes oil and gas prices to multi-year highs. In view of new caps on greenhouse gas emissions, global oil producers are likely to focus on cutting costs and improving… Read More
Oil stocks continue to rebound from their 2020 lows as oil and gas prices push to multi-year highs.
And thanks to new caps on greenhouse gas emissions, we feel those prices will remain elevated as producers focus on improving efficiency rather than spending on exploration… Read More
Investors have moved away from oil stocks in the past few months due to government mandates to cut carbon emissions. However, it’s likely crude prices will move up over the next few years as producers focus on their current properties and spend less on exploration… Read More
We continue to recommend you maintain some exposure to oil stocks as part of the Resources portion of your overall portfolio. The four oil producers we analyze below still have substantial reserves; they’re also doing a good job of cutting their costs. That puts them… Read More
Our investing recommendations are the same for TSX listings as they are on other stock exchanges—here’s how to choose wisely
To succeed as an investor, you need to be able to “cut through the noise”. That is, you need to sort through the news to… Read More
The easier an investment is to explain and understand, the less likely it is to harbour hidden risks and costs that can only work against you.
ETFs can be a good investment option—if you follow these tips when building your ETF portfolio.
Advantages of Canadian index funds… Read More
Here’s an excerpt from a recent issue of Advice for Inner Circle Pro Members:
“The investment business is riddled with conflicts of interest. These conflicts have a way of tainting investment predictions so that they agree with and support sales pitches. Your best defence against this arrangement… Read More
Learn everything you need to know in 'The Canadian Guide on How to Invest in Stocks Successfully' FREE Special Report from The Successful Investor.
How to Invest In Stocks Guide: Find 10 factors that make your investments safer and stronger.
The Successful Investor Inc. and its affiliate Successful Investor Wealth Management (referred to hereafter as TSI Network) know that you care how information about you is used and shared, and we appreciate your trust that we will do so carefully and sensibly. This notice describes our privacy policy. By visiting websites owned by or associated with TSI Network, you are accepting the practices described in this Privacy Policy.
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We are continuously in the process of improving our sites and services. If any new features or policies require a change to this current policy, we will post a clear notice of this change on pages of our site where the privacy policy appears. The principle behind this privacy policy is to collect information with your knowledge and consent.
What personal information do we collect?
The information we receive from customers helps us personalize and continually improve your online experience at TSI Network. TSI Network may collect personal information online for all legal purposes, which include, but are not limited to:
Information You Give Us: We receive and store any information you enter on our website or give us in any other way through sign-up forms or ordering forms for publications and services. You can choose not to provide certain information, but then you might not be able to take advantage of many of our services and features. We use the information that you provide for such purposes as responding to your requests, customizing your web browsing experience for you, improving our website, and communicating with you.
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Does TSI Network Use the Information It Receives?
"Contact Us" and Comment Features: TSI Network encourages visitors to its websites to contact us with questions and comments. Email addresses and other information of persons using these features may be collected in order to facilitate our responses to those inquiries.
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TSI Network does everything possible to prevent unauthorized intrusion to its websites and the alteration, acquisition or misuse of personal information by unauthorized persons. Notably passwords submitted by users of our websites are encrypted using encryption mechanisms. However, TSI Network cautions visitors to its websites that no network, including the Internet, is entirely secure. Accordingly, we cannot be responsible for loss, corruption or unauthorized acquisition of personal information provided to our websites, or for any damages resulting from such loss, corruption or unauthorized acquisition.
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Changes to this Policy
This Policy is the sole authorized statement of TSI Network's practices with respect to the collection of personal information through TSI Network's websites and the subsequent use and disclosure of such information. Any summaries of this Policy generated by third party software or otherwise (for example, in connection with the "Platform for Privacy Preferences" or "P3P") shall have no legal effect, are in no way binding upon TSI Network, shall not be relied upon in substitute for this Policy, and neither supersede nor modify this Policy.
TSI Network may revise this Policy from time to time.
Legal Notices and Disclaimers
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