Updating Imperial Oil Ltd., Cenovus Energy and Telus Corp.

Article Excerpt

IMPERIAL OIL LTD. $41 (www.imperialoil.ca) gets roughly a third of its production from its 71%-owned Kearl oil sands project, 70 kilometres north of Fort McMurray, Alberta. ExxonMobil (New York symbol XOM) holds the remaining 29%; Exxon also owns 69.9% of Imperial. Because of the wildfires in Alberta, the company shut down Kearl. Now that the fires have subsided, the project has resumed normal operations. Best Buy. CENOVUS ENERGY INC. $20 (www.cenovus.com) evacuated some workers from its Christina Lake oil sands project north of Fort McMurray due to the wildfires. Even so, the facility continued to operate at normal production levels. Buy. TELUS CORP. $41 (www.telus.com) gets most of its revenue from its wireless and regular telephone divisions. In the past few years, it has expanded into other businesses. These include helping doctors and hospitals convert patient records to electronic formats. Telus recently formed an alliance with QHR Corp. (Toronto symbol QHR), which specializes in electronic medical records and billing software…