Refineries make Chevron the better buy

The oil price drop has prompted these two producers to shed less profitable businesses. That brightens their long-term prospects, but we prefer Chevron, as its refineries benefit from cheaper crude.

CHEVRON CORP. $110 (New York symbol CVX; Conservative Growth Portfolio, Resources sector; Shares outstanding: 1.9… Read More

APACHE CORP. $68 – New York symbol APA

APACHE CORP. $68 (New York symbol APA; Aggressive Growth Portfolio, Resources sector; Shares outstanding: 376.9 million; Market cap: $25.6 billion; Price-to-sales ratio: 1.9; Dividend yield: 1.5%; TSINetwork Rating: Average; www.apachecorp.com) is selling its remaining Australian oil and natural gas properties to a group of… Read More

APACHE CORP. $72 – New York symbol APA

APACHE CORP. $72 (New York symbol APA; Aggressive Growth Portfolio, Resources sector; Shares outstanding: 376.8 million; Market cap: $27.1 billion; Price-to-sales ratio: 1.9; Dividend yield: 1.4%; TSINetwork Rating: Average; www.apachecorp.com) is selling some of its less important oil and gas properties in Texas and Oklahoma.

It… Read More

APACHE CORP. $102 – New York symbol APA

APACHE CORP. $102 (New York symbol APA; Aggressive Growth Portfolio, Resources sector; Shares outstanding: 382.5 million; Market cap: $39.0 billion; Price-to-sales ratio: 2.7; Dividend yield: 1.0%; TSINetwork Rating: Average; www.apachecorp.com) plans to sell its 13% stake in Chevron’s Wheatstone LNG project in Australia, as… Read More

TRANSCANADA CORP. $51.93 – Toronto symbol TRP

TRANSCANADA CORP. $51.93 (Toronto symbol TRP; Shares outstanding: 708.0 million; Market cap: $36.3 billion; TSINetwork Rating: Above Average; Dividend yield: 3.7%; www.transcanada.com) has agreed to build a $1.9-billion, 260-kilometre pipeline that would pump natural gas from northeastern B.C.’s Dawson Creek area to a proposed liquefied… Read More