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.
Oil now trades at around $110 U.S. a barrel. That’s up over 29% from $85 U.S. a year ago, and 175% higher than its low of $40 U.S. in February 2009.
We think oil prices could rise even further if the global economy continues to rebound,… Read More
We focus on oil companies with large reserves that generate dependable cash flows. We also prefer stocks that mainly operate in politically stable areas, particularly North America.
This approach has paid off, as two of our favourite oil stocks have largely escaped the current turmoil… Read More
Canada’s oil sands continue to face strong opposition from environmentalists. That’s mainly because the process of recovering heavy oil from the oil sands produces higher carbon emissions than conventional sources.
However, new technology has let oil stocks cut way down on their oil-sands emissions. As… Read More
A rebounding global economy continues to push up resource prices. That has helped raise the prices of Canadian oil stocks and companies that serve them, including Precision Drilling Corp. (symbol PD on Toronto). Precision provides contract-drilling services to oil and natural gas producers, mainly in… Read More
Petroleo Brasileiro S.A. ADRs, $33.08, symbol PBR on New York (Shares outstanding: 2.5 billion; Market cap: $83.9 billion), commonly known as Petrobras, is an integrated petroleum company that operates in Brazil and other parts of South America. It’s now expanding into North America and Europe.
The… Read More
Oil prices fell from their July 2008 peak of $148 U.S. a barrel to just under $40 U.S. in February 2009. Prices have roughly doubled since then, but are unlikely to get back to their 2008 highs any time soon.
We think oil prices could… Read More
China Investment Corp. (CIC) continues to catch investors’ attention by making a number of big purchases in the resource sector, including crude oil stocks. CIC is the Chinese government’s “sovereign wealth fund.”
Sovereign wealth funds have been around since the 1950s. They are state-owned investment… Read More
Oil prices fell from their July 2008 peak of $148 U.S. a barrel to just under $40 U.S. in February 2009. Prices have roughly doubled since then, and oil now trades at about $84 U.S. a barrel.
We think oil prices could rise even further if… Read More
Today, many investors worry about a “W” shaped recession. That is, they worry that we are on the brink of a second recession that follows shortly after the first.
Others are concerned that inflation will rise as the economy recovers. This explains the recent run-up in… Read More
Iraq’s instability has weighed heavily on its oil exports. That’s caused many oil companies, including some Canadian oil stocks, to hold off on investing in the country.
However, the situation has presented some real bargains for foreign firms willing to take larger interests in Iraq… Read More
Learn everything you need to know in 'The Power and Profits of Energy Stocks' FREE Special Report from The Successful Investor.
Canadian Natural Resources Stock Guide:
What to look for in Canadian Energy Stocks and more
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We do not collect or disclose personal information, except when it is provided to us voluntarily by the site/store visitor with their consent.
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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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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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