Updating Stantec Inc., Devon Energy Corp. and Calian Group

Article Excerpt

STANTEC INC. $33.72 (Toronto symbol STN; TSINetwork Rating: Extra Risk) (780-917-7288; www.stantec.com; Shares o/s: 113.9 million; Market cap: $3.9 billion; Divd. yield: 1.6%) sells consulting, project management, design and technology services. Most of its clients operate in the oil and gas, transportation and construction industries. The company has been selected to lead environmental assessment for the Skipjack Wind Farm. Deepwater Wind is now developing that offshore project off the coast of Maryland. Deepwater Wind is the U.S. leader in its segment. It’s the only company to fully build and operate an offshore wind farm in the U.S.: the Block Island Wind Farm located off the coast of Rhode Island. That firm’s 120-megawatt Skipjack project will be Maryland’s first offshore wind farm. It should produce enough renewable energy to power 35,000 homes. Stantec has a team of technical and regulatory experts based in Laurel, Maryland. They will help lead a group of local biologists, engineers, marine archaeologists, and other researchers conducting marine and environmental…