teck resources
TECK RESOURCES LTD. $25 (Toronto symbol TECK.B; Conservative Growth Portfolio, Resources sector; Shares outstanding: 577.7 million; Market cap: $14.4 billion; Price-to sales ratio: 1.4; Dividend yield: 0.8%; TSINetwork Rating: Extra Risk; www.teck.com) is a leading producer of metallurgical coal, a key ingredient in steel making....
PENGROWTH ENERGY CORP. $1.53 (Toronto symbol PGF; Aggressive Growth Portfolio, Resources sector; Shares outstanding: 547.7 million; Market cap: $838.0 million; Price-to-sales ratio: 1.6; Dividend suspended in January 2016; TSI Network Rating: Speculative; www.pengrowth.com) produces oil and natural gas, mostly in Western Canada....
Ottawa recently approved a plan to double capacity on the Trans Mountain pipeline, which pumps crude oil from Alberta to Vancouver. As well, U.S. President Donald Trump has signed an executive order giving conditional approval to TransCanada’s proposed Keystone XL pipeline....
TECK RESOURCES LTD. $32 (Toronto symbol TECK.B; Conservative Growth Portfolio, Resources sector; Shares outstanding: 576.5 million; Market cap: $18.4 billion; Price-to sales ratio: 2.2; Dividend yield: 0.3%; TSINetwork Rating: Extra Risk; www.teck.com) is a leading producer of metallurgical coal, a key ingredient in steel making....
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....
GLOBAL X COPPER MINERS ETF $17.31 (New York symbol COPX; buy or sell through brokers; www.globalxfunds.com) tracks the Solactive Global Copper Miners Index, which includes 20 to 40 international companies that mine, refine and explore for copper. Germany-based Structured Solutions AG created the index in April 2010.
Canadian firms make up 46.2% of the ETF’s holdings....
Canadian firms make up 46.2% of the ETF’s holdings....
LOBLAW COMPANIES LTD. $66 (Toronto symbol L; Conservative Growth Portfolio, Consumer sector; Shares outstanding: 404.5 million; Market cap: $26.7 billion; Price-to-sales ratio: 0.6; Dividend yield: 1.6%; TSI Network Rating: Above Average; www.loblaw.ca) recently agreed to acquire QHR Corp....
TORSTAR CORP. $1.64 (www.torstar.com) continues to suffer from weak advertising revenue at its flagship newspaper, The Toronto Star. While the company is investing heavily in new businesses to cut its reliance on those sales, that will take years to pay off....
GLOBAL X COPPER MINERS ETF $17.11 (New York symbol COPX; buy or sell through brokers; www.globalxfunds.com) tracks the Solactive Global Copper Miners Index, which includes 20 to 40 international companies that mine, refine or explore for copper. Germany-based Structured Solutions AG created the index in April 2010....
TECK RESOURCES LTD. $16 (Toronto symbol TCK.B; Conservative Growth Portfolio, Resources sector; Shares outstanding: 576.3 million; Market cap: $9.2 billion; Price-to sales ratio: 1.1; Dividend yield: 0.6%; TSINetwork Rating: Extra Risk; www.teck.com) is a leading producer of metallurgical coal, a key ingredient in steelmaking....