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. $46 (Toronto symbol IMO; Conservative Growth and Income Portfolios, Shares outstanding: 847.6 million; Market cap: $39.0 billion; Price-to-sales ratio: 1.7; Dividend yield: 1.3%; TSINetwork Rating: Average; www.imperialoil.ca) is Canada’s second-largest publicly traded oil company, after Suncor Energy....
PENGROWTH ENERGY $1.95 (Toronto symbol PGF; Shares outstanding: 547.4 million; Market cap: $1.1 billion; 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 the three months ended September 30, 2016, the company’s average output was 55,137 barrels of oil equivalent per day (61% oil and 39% gas)....
In the three months ended September 30, 2016, the company’s average output was 55,137 barrels of oil equivalent per day (61% oil and 39% gas)....
IMPERIAL OIL $46.86 (Toronto symbol IMO; Shares outstanding: 847.6 million; Market cap: $39.7 billion; TSINetwork Rating: Average; Dividend yield: 1.3%; www.imperialoil.ca) is Canada’s third-largest publicly traded oil company, after Suncor Energy (No. 1) and Canadian Natural Resources (No....
DEVON ENERGY CORP. $47.02 (New York symbol DVN; TSINetwork Rating: Extra Risk) (405-2353611; www.dvn.com; Shares outstanding: 523.6 million; Market cap: $25.2 billion; Dividend yield: 0.5%) is one of the largest explorers and producers of oil and natural gas in the U.S....
CHESAPEAKE ENERGY $7.08 (New York symbol CHK; TSINetwork Rating: Speculative) (405-848-8000; www.chk.com; Shares outstanding: 887.4 million; Market cap: $6.5 billion; No dividends paid) continues sell non-core assets to focus on its low-risk, highreturn properties....
SUNCOR ENERGY INC. $43 (Toronto symbol SU; Conservative Growth Portfolio, Resources sector; Shares outstanding: 1.7 billion; Market cap: $73.1 billion; Price-to-sales ratio: 2.8; Dividend yield: 2.7%; TSINetwork Rating: Average; www.suncor.com) has successfully resolved a dispute with the Canadian Revenue Agency (CRA).
In 2013, the CRA challenged the company’s use of hedging losses to reduce taxes on its 29.9% share of the Buzzard offshore oil field in the North Sea....
In 2013, the CRA challenged the company’s use of hedging losses to reduce taxes on its 29.9% share of the Buzzard offshore oil field in the North Sea....
In 2017, OPEC plans to cut oil production by about 4.5%. That should help reduce the supply of oil and stabilize prices. It should also spur earnings for companies, such as ShawCor and Precision Drilling, that supply goods and services to oil producers.
SHAWCOR LTD. $34 (Toronto symbol SCL; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 64.6 million; Market cap: $2.2 billion; Price-to-sales ratio: 1.7; Dividend yield: 1.8%; TSINetwork Rating: Average; www.shawcor.com) makes sealants and coatings that keep oil and gas pipelines from rusting....
SHAWCOR LTD. $34 (Toronto symbol SCL; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 64.6 million; Market cap: $2.2 billion; Price-to-sales ratio: 1.7; Dividend yield: 1.8%; TSINetwork Rating: Average; www.shawcor.com) makes sealants and coatings that keep oil and gas pipelines from rusting....
PENGROWTH ENERGY CORP. $2.07 (Toronto symbol PGF; Aggressive Growth Portfolio, Resources sector; Shares outstanding: 547.4 million; Market cap: $1.1 billion; Price-to-sales ratio: 2.2; 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 Scotia.
The company continues to sell less-important assets as it focuses on its Lindbergh oil sands project in Alberta....
The company continues to sell less-important assets as it focuses on its Lindbergh oil sands project in Alberta....
ENCANA CORP. $16.87 (Toronto symbol ECA; Shares outstanding: 956.9 million; Market cap: $14.8 billion; TSINetwork Rating: Average; Dividend yield: 0.5%; www.encana. com) is one of North America’s largest producers of natural gas and oil.
The company continues to benefit from its plan to focus on four main properties: Montney (B.C.), Duvernay (Alberta), and Eagle Ford and Permian (both in Texas)....
The company continues to benefit from its plan to focus on four main properties: Montney (B.C.), Duvernay (Alberta), and Eagle Ford and Permian (both in Texas)....
ARC RESOURCES $23.52 (Toronto symbol ARX; Shares outstanding: 352.1 million; Market cap: $7.9 billion; TSINetwork Rating: Speculative; Dividend yield: 2.6%; www.arcresources.com) produces oil and natural gas in Western Canada.
ARC has now completed the sale of all of its properties in southeastern Saskatchewan for $700 million....
ARC has now completed the sale of all of its properties in southeastern Saskatchewan for $700 million....