Energy Stocks
Resource and commodity stocks in general should make up only a limited portion of your portfolio—say less than 20% for a conservative investor or as much as 30% for an aggressive investor. And as part of that segment, energy stocks could make up, say half of that total. The rest could be fertilizer stocks, mining stocks and so on.
Oil and gas stocks have been below-average performers lately, and many investors are tempted to get out of the industry altogether. However, the energy sector can play a crucial role in your portfolio as a hedge against inflation. The low inflation rates of the past couple of decades deserve some of the blame for the poor performance of the sector. However, energy stocks will likely rebound in years to come as the global economy recovers.
- Invest mainly in well-established companies;
- Spread your money out across most if not all of the five main economic sectors (Manufacturing & Industry; Resources & Commodities; Consumer; Finance; Utilities);
- Downplay or avoid stocks in the broker/media limelight.
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Energy Stocks Library Archives
IMPERIAL OIL LTD., $32.38, is a buy for safety-conscious investors. The stock (Toronto symbol IMO; Shares o/s: 764.2 million; Market cap: $24.2 billion; TSINetwork Rating: Average; Divd. yield: 2.7%; www.imperialoil.ca) lets you tap Canada’s third-largest publicly traded oil producer, after Suncor (No....
Welcome to your latest issue of Canadian Wealth Advisor! As always, we feature safety-conscious gainers ready to add to your long-term returns. Encana in undergoing change, but remains one of them.
ENCANA CORP. $5.36, is a buy for the Resources sector of your portfolio. The energy producer (Toronto symbol ECA; Shares outstanding: 1.4 billion; Market cap: $6.7 billion; TSINetwork Rating: Average; Divd....
ENCANA CORP. $5.36, is a buy for the Resources sector of your portfolio. The energy producer (Toronto symbol ECA; Shares outstanding: 1.4 billion; Market cap: $6.7 billion; TSINetwork Rating: Average; Divd....
FAIR ISAAC CORP. $355.62 (New York symbol FICO; TSINetwork Rating: Average) (415-472-2211; www.fairisaac.com; Shares o/s: 29.0 million; Market cap: $10.3 billion; No divd.) has returned 2,358% to our subscribers since we first recommended it in 1999....
Alberta’s new United Conservative government has extended the previous NDP administration’s cap on oil production in the province until the end of 2020. That’s good for investors and the industry.
While output restrictions have lifted the price for Western Canadian oil, a lack of new pipeline capacity continues to limit revenue growth for producers, and gains for investors....
While output restrictions have lifted the price for Western Canadian oil, a lack of new pipeline capacity continues to limit revenue growth for producers, and gains for investors....
CENOVUS ENERGY $11.40, is a buy. The company (Toronto symbol CVE; Shares outstanding: 1.2 billion; Market cap: $14.0 billion; TSINetwork Rating: Average; Dividend yield: 2.2%; www.cenovus.com) continues to do a good job of paying down the loans it took out in May 2017 to buy full control of its main Alberta oil sands properties—Christina Lake and Foster Creek.
To address its debt load, the company has sold several less-important properties and aggressively cut its operating costs....
To address its debt load, the company has sold several less-important properties and aggressively cut its operating costs....
TORSTAR CORP. $0.84 (www.torstar.com) remains a hold. The company continues to build its digital businesses in response to slowing advertising revenue at its flagship paper The Toronto Star, and others. As part of its plan, the company has started charging customers to read its online publications....
CENOVUS ENERGY INC., $11, is a buy. The company (Toronto symbol CVE; Conservative Growth Portfolio, Resources sector; Shares outstanding: 1.2 billion; Market cap: $13.2 billion; Price-to-sales ratio: 0.6; Dividend yield: 2.3%; TSINetwork Rating: Extra Risk; www.cenovus.com) continues to do a good job paying down the loans it needed to buy full control of its two main Alberta oil sands properties—Christina Lake and Foster Creek.
In 2017, Cenovus paid $17.7 billion in cash and stock for the 50% stake of its former joint-venture partner in those operations, ConocoPhillips (New York symbol COP).
To help pay down its debt, the company has sold several of its less-important properties and aggressively cut its operating costs.
Those moves have let Cenovus slash its long-term debt from $9.5 billion at the end of 2017 to $6.5 billion as of June 30, 2019....
PENGROWTH ENERGY $0.25 (Toronto symbol PGF; Shares outstanding: 547.4 million; Market cap: $145.6 million; TSINetwork Rating: Speculative; No dividends paid; www.pengrowth.com) has two main properties: its Lindbergh oil sands project in Alberta, and its Groundbirch natural gas property in northeastern B.C.
Pengrowth produced an average of 22,707 barrels a day (81% oil and liquids, 19% natural gas) in the three months ended June 30, 2019....
Pengrowth produced an average of 22,707 barrels a day (81% oil and liquids, 19% natural gas) in the three months ended June 30, 2019....
ARC RESOURCES $6.04 (Toronto symbol ARX; Shares outstanding: 352.1 million; Market cap: $2.2 billion; TSINetwork Rating: Speculative; Dividend yield: 9.9%; www.arcresources.com) produces oil and natural gas in Western Canada. Its average output of 139,054 barrels of oil equivalent per day is 74% natural gas and 26% oil.
In the quarter ended June 30, 2019, cash flow per share fell 6.9%, to $0.54 from $0.58 a year earlier....
In the quarter ended June 30, 2019, cash flow per share fell 6.9%, to $0.54 from $0.58 a year earlier....
MCCOY GLOBAL $0.62 (Toronto symbol MCB; TSINetwork Rating: Speculative) (780-453-8451; www.mccoyglobal.com; Shares outstanding: 27.4 million; Market capitalization: $17.1 million; No dividends paid) sells power tongs and other hydraulic gear for oil and gas drilling rigs....