Updating Canadian Pacific Railway Ltd., Pengrowth Energy Corp. and ShawCor Ltd.

CANADIAN PACIFIC RAILWAY LTD. $250 (Toronto symbol CP; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 143.1 million; Market cap: $35.8 billion; Price-to-sales ratio: 5.5; Dividend yield: 1.0%; TSINetwork Rating: Above Average; www.cpr.ca) should benefit from new federal regulations meant to encourage rail operators to refurbish… Read More

Pengrowth loses a listing

PENGROWTH ENERGY $0.97 (Toronto symbol PGF; Shares outstanding: 547.4 million; Market cap: $539.4 million; TSINetwork Rating: Speculative; No dividends paid; www.pengrowth.com) produces oil and natural gas, mostly in Western Canada. This includes its Lindbergh oil sands project in the Cold Lake area of Alberta.
In addition to their… Read More

Strategic asset sales help them cut debt

ENERPLUS CORP. $15.03 (Toronto symbol ERF; Shares outstanding: 244.7 million; Market cap: $3.7 billion; TSINetwork Rating: Speculative; Dividend yield: 1.0%) produces oil and gas from properties in Western Canada—Alberta, Saskatchewan and B.C.—as well as North Dakota and Montana. The company also has properties in the Marcellus Shale… Read More

Pengrowth cuts debt with asset sales

PENGROWTH ENERGY CORP. $0.90 (Toronto symbol PGF; Aggressive Growth Portfolio, Resources sector; Shares o/s: 552.2 million; Market cap: $497.0 million; P/S ratio: 0.8; Dividend suspended in January 2016; TSINetwork Rating: Speculative; www.pengrowth.com) produces oil and natural gas in Western Canada and off the coast of Nova… Read More