Revenue just rocketed 48.8% at Imperial Oil

Revenue just rocketed 48.8% at Imperial Oil

It’s likely crude prices will remain elevated for some time as Canadian oil producers like this one and their U.S. counterparts are reluctant to take on big new exploration and development projects. They blame a lack of new pipeline capacity among other factors.

Still, this… Read More

Top stocks for safety-conscious investors

Here are two of our top safety-conscious recommendations. Both have strong growth ahead. Look for that to spur their share prices and your returns.
CANADIAN PACIFIC RAILWAY $100.65, is a buy. The company (Toronto symbol CP; shares outstanding: 930.1 million; Market cap: $94.5 billion; Rating: Above Average; Dividend yield:… Read More

IMO invests in lithium

IMPERIAL OIL LTD., $64.87, is a buy. The company (Toronto symbol IMO; Shares o/s: 636.7 million; Market cap: $41.3 billion; TSINetwork Rating: Average; Dividend yield: 2.1%; www.imperialoil.ca) is teaming up with E3 Lithium Ltd. (Toronto Venture symbol ETL) to extract lithium from below the historic Leduc oil field,… Read More

Imperial Oil taps lithium deposit

IMPERIAL OIL LTD. $64 is a buy. This company (Toronto symbol IMO; Conservative and Income Growth Portfolios, Resources sector; Shares outstanding: 636.7 million; Market cap: $40.7 billion; Price-to-sales ratio: 0.9; Dividend yield: 2.1%; TSINetwork Rating: Average; www.imperialoil.ca) gets about 60% of its production from oil sands operations in… Read More