Suncor is poised to reward investors

Even though oil demand and prices continue to rebound from last year’s COVID-19-induced lows, Suncor’s shares have suffered. That’s partly due to problems that will delay the ramp-up of its Fort Hills oil sands project in northern Alberta. However, cost savings from Suncor’s takeover of… Read More

Imperial targets ESG

IMPERIAL OIL LTD., $33.21, is a buy. The company (Toronto symbol IMO; Shares o/s: 711.7 million; Market cap: $24.9 billion; TSINetwork Rating: Average; Dividend yield: 3.0%; www.imperialoil.ca) is teaming up with four other oil sands operators in Alberta (Suncor, Cenovus, Canadian Natural Resources and MEG… Read More

Cash flow is up 110.6% at Suncor Energy

Cash flow is up 110.6% at Suncor Energy

We continue to recommend conservative investors focus their oil holdings on integrated producers such as this one.

This firm’s upstream (or producing) business benefits from higher crude prices. Its downstream (refining) business converts crude into gasoline and other fuels and profits when oil prices fall… Read More

Imperial aims to boost its ESG score

IMPERIAL OIL LTD. $36 is also a buy. This company (Toronto symbol IMO; Conservative and Income Growth Portfolios, Resources sector; Shares outstanding: 734.1 million; Market cap: $26.4 billion; Price-to-sales ratio: 1.2; Dividend yield: 2.6%; TSINetwork Rating: Average; www.imperialoil.ca) is teaming up with four other oil… Read More

Not all these ‘award-winning’ ETFs are buys

Each year, major industry associations such as Lipper and Fundata produce lists of award-winning mutual funds and ETFs. Here’s a close look at a few of their top winners.
As well, please check out the Supplement on page 60 That’s where we highlight factors contributing… Read More