Shift to oil will help Apache

APACHE CORP. $80 (New York symbol APA; Aggressive Growth Portfolio, Resources sector; Shares outstanding: 391.3 million; Market cap: $31.3 billion; Price-to-sales ratio: 1.9; Dividend yield: 0.9%; TSINetwork Rating: Average; www.apachecorp.com) had to write down some of its Canadian properties by $539… Read More

APACHE CORP. $80 – New York symbol APA

APACHE CORP. $80 (New York symbol APA; Aggressive Growth Portfolio, Resources sector; Shares outstanding: 391.3 million; Market cap: $31.3 billion; Price-to-sales ratio: 1.9; Dividend yield: 0.9%; TSINetwork Rating: Average; www.apachecorp.com) had to write down some of its Canadian properties by $539 million due to low… Read More

ENCANA CORP. $22 – Toronto symbol ECA

ENCANA CORP. $22 (Toronto symbol ECA; Conservative Growth Portfolio, Resources sector; Shares outstanding: 736.3 million; Market cap: $16.2 billion; Price-to-sales ratio: 2.5; Dividend yield: 3.6%; TSINetwork Rating: Average; www.encana.com) is one of North America’s largest natural gas producers. The U.S. accounts for 55% of Encana’s… Read More

Takeover talk highlights value

Encana, a long-time favourite of ours, was a pioneer in the development of unconventional gas reserves (also called “tight gas”). This is natural gas that is trapped in rock formations. However, as the technology to extract tight gas improved, gas production ballooned. This rise in… Read More

These quality oils can withstand volatility

Oil prices will likely stay volatile, particularly as slowing Asian economies cut their consumption. We feel the best way for investors to lower their risk is to stick with well-established producers like these two. Both have high-quality reserves that should last decades.

CHEVRON CORP. $112 (New… Read More

APACHE CORP. $89 – New York symbol APA

APACHE CORP. $89 (New York symbol APA; Aggressive Growth Portfolio, Resources sector; Shares outstanding: 391.2 million; Market cap: $34.8 billion; Price-to-sales ratio: 2.0; Dividend yield: 0.8%; TSINetwork Rating: Average; www.apachecorp.com) produces oil and natural gas from properties in the U.S., Canada, the U.K., Australia, Egypt… Read More