The basic form of petroleum pumped from the ground is known as crude oil. Stocks involved and connected with crude oil extraction include “upstream” exploration and development firms, as well as downstream refining and retail gas station companies. Traditionally, oil companies find a pad or land site for each crude oil well drilled. In recent years, however, many oil companies have adopted a new technique called multi-pad drilling, or “octopus drilling” which lets producers drill as many as 50 wells from a single pad. This speeds up the exploration and extraction of the crude oil. A while ago, some investors felt that we had hit the peak of crude oil extraction. This was called Peak Oil Theory. It said that global crude oil production will soon hit a peak then head relentlessly downward until the world runs out of oil. However, that theory is no longer in vogue-especially with today's low oil prices. As well, the perfection of hydraulic fracturing, or “fracking,” has unlocked vast amounts of crude oil. This involves pumping water and chemicals into shale-rock formations that contain oil or natural gas. This fractures the rock and releases the crude oil and gas. For the best long-term investment results, follow TSI Network and using our three-part Successful Investor strategy:
Discover how to make the most of your commodity investing in this free special report, Commodity Investments: Fertilizer Stocks and Potash Stocks That Will Profit from Rising Food Demand, from TSI Network.
CANADIAN PACIFIC KANSAS CITY LTD., $99.86, Toronto symbol CP, is still a buy for long-term gains.
The company took its current form in April 2023 when it acquired U.S.-based railway Kansas City Southern (KCS).
CP paid $31 billion U.S. in cash and shares for KCS. At that… Read More
TRANSCONTINENTAL INC., $18.61, Toronto symbol TCL.A, is a buy for long-term gains.
The company is Canada’s leading commercial printer. It also makes plastic packaging for consumer products.
Transcontinental last raised your quarterly dividend with the April 2020 payment. Investors now receive $0.225 a share, up 2.3% from… Read More
CANADIAN TIRE CORP., $146.20, Toronto symbol CTC.A, is a buy.
The company operates 502 Canadian Tire stores, which sell automotive parts and services, and household and sporting goods; franchisees run most of the locations. The company’s other operations also enrich its outlook. They include 169 stores… Read More
DUTCH BROS INC., $76.10, symbol BROS on New York, is an Oregon-based coffee chain with 982 locations in 18 states. Some 670 of those locations are company-owned; the rest are franchised outlets.
The stock surged this week after reporting its latest results.
Brothers Travis and Dane Boersma… Read More
Finning International’s shares have gained over 197% since the COVID-19 pandemic, as governments invested in new public infrastructure projects. That has increased demand for its construction equipment. New mining projects in Canada and South America have also spurred its growth.
The company’s customers operate in cyclical… Read More
Alimentation Couche-Tard has rewarded our subscribers with big gains over the years. We first recommended this convenience store giant in our December 2008 issue at $15.50 a share. Since then, the stock has split 3-for-1 and then 2-for-1. That takes our cost down to $2.58… Read More
CANADIAN PACIFIC KANSAS CITY LTD., $115.50, Toronto symbol CP, is still a buy.
The company took its current form in April 2023 when it acquired U.S.-based railway Kansas City Southern (KCS).
CP paid $31 billion U.S. in cash and shares for KCS. At that time, CP investors… Read More
BANK OF NOVA SCOTIA, $74.10, Toronto symbol BNS, is still a buy.
The bank recently announced that it was shifting its business away from poorly performing Latin American markets. As a result, it now plans to earmark 90% of its capital to its main markets of… Read More
TC Energy has completed the spinoff of its oil pipeline business as South Bow. Investors received 0.2 of a South Bow share for every TC share they held. They’re not liable for capital gains taxes until they sell their new shares.
The split lets TC Energy… Read More
CHEVRON CORP. $144 is a buy. The integrated oil producer (New York symbol CVX; Cyclical-Growth Dividend Payer Portfolio, Resources sector; Shares outstanding: 1.8 billion; Market cap: $259.2 billion; Dividend yield: 4.5%; Dividend Sustainability Rating: Above Average; www.chevron.com) raised your quarterly dividend by 7.9% with the March 2024 payment. Investors… Read More
Learn everything you need to know in 'The Canadian Guide on How to Invest in Stocks Successfully' FREE Special Report from The Successful Investor.
How to Invest In Stocks Guide: Find 10 factors that make your investments safer and stronger.
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This privacy policy is applicable to all TSI Network Visitors, Clients, Employees, Suppliers, Web sites, Management, and all other interested parties. Any links to or from our site are not covered by this policy. We encourage you to read the privacy policies of every site that you visit.
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We do not collect or disclose personal information, except when it is provided to us voluntarily by the site/store visitor with their consent.
We store subscriber and password files containing personal information securely. These files are stored in secure areas that are not accessible to the general public. We are always working to ensure the security of your personal information.
We are continuously in the process of improving our sites and services. If any new features or policies require a change to this current policy, we will post a clear notice of this change on pages of our site where the privacy policy appears. The principle behind this privacy policy is to collect information with your knowledge and consent.
What personal information do we collect?
The information we receive from customers helps us personalize and continually improve your online experience at TSI Network. TSI Network may collect personal information online for all legal purposes, which include, but are not limited to:
Information You Give Us: We receive and store any information you enter on our website or give us in any other way through sign-up forms or ordering forms for publications and services. You can choose not to provide certain information, but then you might not be able to take advantage of many of our services and features. We use the information that you provide for such purposes as responding to your requests, customizing your web browsing experience for you, improving our website, and communicating with you.
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Does TSI Network Use the Information It Receives?
"Contact Us" and Comment Features: TSI Network encourages visitors to its websites to contact us with questions and comments. Email addresses and other information of persons using these features may be collected in order to facilitate our responses to those inquiries.
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What Choices Do I Have?
Changes to this Policy
This Policy is the sole authorized statement of TSI Network's practices with respect to the collection of personal information through TSI Network's websites and the subsequent use and disclosure of such information. Any summaries of this Policy generated by third party software or otherwise (for example, in connection with the "Platform for Privacy Preferences" or "P3P") shall have no legal effect, are in no way binding upon TSI Network, shall not be relied upon in substitute for this Policy, and neither supersede nor modify this Policy.
TSI Network may revise this Policy from time to time.
Legal Notices and Disclaimers
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