Q: Hi, Pat. I appreciate your advice and would like your thoughts on Parkland Industries, which has seen a substantial pullback in the last little while. Thanks.

A: Parkland Fuel Corp., $26.14, symbol PKI on Toronto (Shares outstanding: 130.5 million; Market cap: $3.4 billion, www.parkland.ca), operates gas stations, convenience stores and a fuel-distribution business for motorists, businesses, households and wholesale customers in Canada and the U.S.

The company’s shares have moved down from… Read More

Two oil stocks: 1 buy & 1 hold

Oil prices have moved down lately, as higher production in the U.S. offsets cuts by OPEC. We still feel investors should maintain some exposure to oil, but you can cut your risk with integrated producers such as Chevron.
CHEVRON CORP. $104 (New York symbol CVX; Conservative… Read More

Pat: This month, Parkland Fuel agreed to buy some of Imperial Oil’s remaining Esso stations. Would you share your opinion on Parkland? Thank you.

Parkland Fuel Corp., $21.35, symbol PKI on Toronto (Shares outstanding: 94.1 million; Market cap: $2.0 billion, www.parkland.ca), operates gas stations, convenience stores and a fuel-distribution business, mostly in Western Canada and Ontario. It was called Parkland Income Fund before it converted to a dividend-paying corporation… Read More