Enbridge adds solar

ENBRIDGE, $63.00, is a buy. The firm (Toronto symbol ENB; Shares o/s: 2.2 billion; Market cap: $136.6 billion; TSINetwork Rating: Above Average; Dividend yield: 6.0%; www.enbridge.com) operates pipelines that pump oil and natural gas from Western Canada eastward as well as to the U.S. Its network transports 30%… Read More

Hold South Bow for its high yield

SOUTH BOW CORP. $36 is a hold. This new company (Toronto symbol SOBO; Income-Growth Payer Portfolio, Utilities sector; Shares outstanding: 207.6 million; Market cap: $7.5 billion; Dividend yield: 8.0%; Dividend Sustainability Rating: Average; www.southbow.com) operates a 4,900-kilometre pipeline network that pumps crude oil from Alberta to refineries in Illinois,… Read More

Use our updates to enhance your portfolio

ANDREW PELLER LTD. (class A) remains a buy for long-term gains and income. The company (Toronto symbols ADW.A $3.93 and ADW.B $5.05; Income Portfolio, Consumer sector; Shares outstanding: 43.4 million; Market cap: $170.5 million; Price-to-sales ratio: 0.4; Dividend yield: 6.3%; www.andrewpeller.com) is Canada’s second-largest wine producer after Arterra… Read More

Lower crude prices hurt Chevron

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

Q: Pat, thanks for all your help in these volatile times! What do you think of Secure Energy Services as a stock to buy?

A: Secure Energy Services Inc., $16.23, symbol SES on Toronto (Shares outstanding: 236.6 million; Market cap: $3.9 billion; www.secure-energy.com), is a waste management and energy infrastructure business.

Headquartered in Calgary, Secure Energy operates through two segments:

Waste Management includes a network of waste processing facilities, water pipelines,… Read More