Here are several
Canadian oil stocks:
This is why we continue to advise against overindulging in
Canadian oil stocks.
We think most investors should invest a portion of their portfolios in the resources sector — and that includes
Canadian oil stocks.
Not exact matches
TORONTO — The Toronto
stock market ended Tuesday on a high note as a surge in
oil prices boosted energy
stocks and rumours of U.S. wireless carrier Verizon entering the
Canadian market appeared to lose steam.
• Kinder Morgan Canada, the
Canadian subsidiary of the Houston - based
oil giant, closed nearly flat on its first day of on the Toronto
Stock Exchange Tuesday.
(Maybe holding nothing but
Canadian energy
stocks isn't such a great idea when the world is awash in
oil.)
Signs of global economic turmoil are being seen from falling
stock market and crude
oil prices to the weakest
Canadian dollar since 2004.
TORONTO — The plunge in global
stock markets over the past week has dragged down the
Canadian dollar and
oil prices, but some market observers see signs the loonie's fortunes will change this year even as the
Canadian dollar continued its slide Monday.
To the extent that
oil represents less of a headwind for the energy sector, then the prospects for
Canadian stocks should brighten somewhat, in our view.
As Kurt Reiman, BlackRock's chief investment strategist for Canada noted in a recent blog, we believe the prospects for
Canadian stocks have improved following a disappointing first half with relatively attractive valuations and more stable
oil prices potentially leading to a period of outperformance.
US DOW, NAS, etc
stocks are helium filled bubbles overvalued as per EPS etc a
Canadian oil, copper, will trade 5or6 EPS while a US doing the same will trade 20,30 plus times EPS.
TORONTO — The
Canadian dollar traded below 69 cents US early Friday for the first time since 2003 as crude
oil futures dropped below US$ 30 a barrel and overseas
stock markets fell sharply.
Canadian Oil Sands»
stock declined 3.6 % over the last 12 months, including dividends.
Claymore's S&P / TSX
Canadian Dividend (CDZ) has the opposite problem: it includes none of the banks, and although it has a broader overall mix it is 25 %
oil and gas
stocks.
It's a problem the owners of
Canadian Oil Sands (COS), the highest yielding
stock in the Safer
Canadian Dogs list this week, know only too well.
(Maybe holding nothing but
Canadian energy
stocks isn't such a great idea when the world is awash in
oil.)
In contrast, we had nice returns in a number of our media, insurance and food
stocks, among others, including Axel Springer, Schibsted, Zurich Insurance, Berkshire Hathaway, and Nestlé, but it was unfortunately not enough to overcome the continued pressure on our
oil & gas
stocks, which included fully integrated holdings such as Total and Royal Dutch; exploration and production companies such as Devon Energy and Pacific Rubiales;
Canadian oil sands producers such as Cenovus; and energy service holdings such as Halliburton and National Oilwell Varco.
I still have some
oil & gas related
Canadian stocks that I think have been beaten up quite badly thus still showing good values.
Deals like that helped the Lester
Canadian Equity Fund generate a return of 24.7 per cent in 2016, which was achieved with very little
oil and gas exposure, no mining or gold
stocks, and no banks.
To the extent that
oil represents less of a headwind for the energy sector, then the prospects for
Canadian stocks should brighten somewhat, in our view.
As Kurt Reiman, BlackRock's chief investment strategist for Canada noted in a recent blog, we believe the prospects for
Canadian stocks have improved following a disappointing first half with relatively attractive valuations and more stable
oil prices potentially leading to a period of outperformance.
According to Doug Warwick of TD Asset Management, the spike in
Canadian Oil Sands
stock price indicates that there is «a lot of value out there.»
Wishing you bought shares of
Canadian Oil Sands before
stocks skyrocketed?
The immediate future for
Canadian stocks may be bumpy, so stick to mutual funds or index funds that invest in larger companies such as banks and major
oil producers.
Stock prices soared more than 50 % on Monday after Suncor Energy launched an unsolicited $ 6.6 billion bid for
Canadian Oil Sands Ltd. this week.
If
oil prices were to climb to $ 65 a barrel next year, we could see
Canadian stocks extending their 2016 outperformance and the
Canadian dollar receiving a boost.
For our comprehensive advice on making the right decisions on energy
stocks today, read
Canadian oil companies: Peak
oil, market cycles, and the best strategy for buying the best
stocks.
Canadian stocks driven by the
oil price combined with international
stock growth are the major contributors to this month's positive performance.
All his
stocks were
Canadian so he was heavily invested in the regular stuff, like banks, telecom companies and
oil stocks.
He lost a lot of money in
stocks like
Canadian oil sands and others and that's when he knew he'd run out of inventive ideas to keep his portfolio going on
stocks.
The remaining 40 % of their portfolio is mainly comprised of
Canadian dividend - paying
stocks — many of them
oil and gas — as well as a couple of mutual funds.
Soaring due to positive development for its
Canadian holdings, Octagon 88 has been a top performer for
oil and natural gas
stocks over the last quarter.
Stocks like Canadian Oil Sands are a relative bargain right now, so I'd maybe add those dividend stocks rather than adding to the relatively high value teleco's and util
Stocks like
Canadian Oil Sands are a relative bargain right now, so I'd maybe add those dividend
stocks rather than adding to the relatively high value teleco's and util
stocks rather than adding to the relatively high value teleco's and utilities.
Discover why investing in
Canadian stocks makes sense and which
Canadian companies to invest in even with
oil prices at multi-year lows.
Released last week, the latest issue of
Canadian Wealth Advisor identifies a pair of
oil and gas
stocks that are buys for conservative investors despite the drop in
oil prices.
The presidential cycle has become such an accepted indicator that the
Canadian research department of the giant Swiss bank UBS has begun advising clients to tilt towards
stocks — especially cyclical
stocks such as metals, minerals,
oil and gas — in year three of the cycle.
Billionaire investor George Soros has been building positions in
oil sand
stocks, such as Suncor Energy Inc. (TSX: SU)(NYSE: SU), Cenovus Energy Inc. (TSX: CVE)(NYSE: CVE), and
Canadian... More»
The
stock prices of most of the
Canadian oil and gas operators have fallen sharply over the past year.
According to disclosure forms filed last year, Grijalva's wife bought between $ 1,000 and $ 15,000 in
stock in a major
Canadian oil pipeline company just months before the congressman penned his letter to Obama.