canadian oil companies stocks
The oil industry has been in a bear market for the better part of the past half-decade. One of the few drillers to weather the protracted oil slump in solid shape is Parex Resources (TSX:PXT). Of note, ZCL is in the process of being bought-out. In an industry plagued with misinformation, our main priority is to maintain complete objectivity and bring investors around the world accurate, timely and high quality investment news and information. { content: '%' }table.wpDataTable { table-layout: fixed !important; } Simply put, I don’t have the time and can’t dedicate the effort to research individual companies in the sector. In addition, Suncor is involved in energy trading and operates a renewable energy business. Safe and the Oil & Gas industry don’t really go hand in hand. Ubika and/or its affiliates and/or their respective officers, directors or employees may from time to time acquire, hold or sell securities and/or commodities and/or commodity futures contracts in certain underlying companies mentioned in this site and which may also be clients of Ubika’s affiliates. font-size:16px !important;; By the end of 2019, it had reduced net debt by almost 7% compared to the previous quarter. Before you buy any stocks/funds consult with a qualified financial planner. table.wpDataTable td.numdata { text-align: right !important; }/* table font color */ Should You Buy Aphria (TSX:APHA) After Its Recent Pullback? It operates through Gathering and Processing, Liquids Infrastructure and Marketing segments. Learn how to invest your money in the best oil companies in 2020. #table_1 > tbody > tr > td.column-dividend:not(:empty):before, Home » Dividend Lists » Top Canadian Energy Dividend Stocks, Top Canadian Energy Dividend Stocks August 9, 2020January 17, 2020 Oil stocks represent a large percentage of the Canadian stock market and the options can be overwhelming at times. For 2019, Canadian Natural reported company wide production expense for its upstream operations of $11.49 per barrel, which was 10% lower year over year. Suncor owns offshore assets in key strategic geographic locations like the U.K. North Sea, Canada’s east coast and Norway. That is still lower than the 53% decline in the international benchmark Brent price, however. Keyera Corp. is one of the largest independent midstream energy companies with extensive interconnected assets across Canada. Investment DataOpportunity Score: 57Ticker: TSE:ENBSector: EnergyIndustry: Oil & Gas MidstreamMarket Cap: 58.60BP/E: 39.93Dividend Yield: 8.53%Payout Ratio (Earnings): 341.05%Canadian Dividend Aristocrat: YESChowder Score: Members OnlyRevenue Growth: Members OnlyDividend Growth: Members OnlyDividend Growth Fit: 7/10Dividend Income Fit: 6/101. Not to alarm you, but you’re about to miss an important event. At first glance, you might think that this iShares energy ETF is a good option for diversification. Before making any investment decision, it is strongly recommended that you seek outside advice from a qualified investment advisor. Suncor’s long-life, low-decline reserve base with a proven life of more than 30 years, sets it apart from peers. /* table font size */ The problem however, is that it is a Capped Index @ 25% and is highly concentrated despite having 33 holdings. For a complete list of my holdings, please see my Dividend Portfolio.DISCLAIMER: Please note that this blog post represents my opinion and not an advice/recommendation. This includes reducing its capital budget by a notable 27% and an increased focus on driving greater operational efficiencies as well as cost reductions. Please read the Privacy Statement and Terms of Service for more information. To put simply, it is the transportation, storage and processing of oil and gas. Mathieu is an individual investor and has been investing part-time for the better part of the past 20 years. Returns: 1 YR: 7.21%  3 YR: 11.62% 5 YR: -9.70%, 10 YR: N/A. Keyera has strong expertise in operating complex energy processing facilities and provides a full range of essential midstream services to its customers. It owns an extensive network of about 192,000 miles of natural gas and NGL pipelines across North America and the Gulf of Mexico. The slight decrease in netback can be attributed to their higher transportation and processing expenses. Although you will not hit a homerun with this ETF, you will get safe and reliable exposure to the sector with a healthy dividend. .wpdt-c .wpDataTablesWrapper table.wpDataTable { DISCLAIMER:Stocktrades is an independent media portal covering the development related to stocks on the TSX. The Company specializes in the acquisition, development, and consolidation of oil and gas producing assets primarily in North Dakota. Oil and energy stocks have plunged in value since the coronavirus pandemic emerged. I bring this to your attention, as it is currently the midstream ETF’s largest holding. Goldman Sachs analyst Brian Singer estimates that oil could fall to the “cash cost” of production for U.S. and Canadian drillers, which he estimates as being in the mid-$20s. #table_5 > tbody > tr.row-detail ul li.column-marketcap span.columnValue:after Although you will get diversification to an extent, the performance of this ETF is dependent on the majors. .wpdt-c.wpDataTablesWrapper table.wpdtSimpleTable, .wpdt-c.wpDataTablesWrapper table.wpdtSimpleTable, When looking at a particular investment, it’s always important to look at its peers rather than focusing on just one company. This oil explorer and producer is focused on Colombia — and has lost 45% for the year to date. .wpdt-c.wpDataTablesWrapper table.wpdtSimpleTable, Over the past two years, the Company increased oil and gas revenues by 100% from 8.4M in  2016 to 16.8M in 2018. Investment DataOpportunity Score: 60Ticker: TSE:CNQSector: EnergyIndustry: Oil & Gas E&PMarket Cap: 20.16BP/E: 1009.00Dividend Yield: 7.58%Payout Ratio (Earnings): 8500.00%Canadian Dividend Aristocrat: YESChowder Score: Members OnlyRevenue Growth: Members OnlyDividend Growth: Members OnlyDividend Growth Fit: 7/10Dividend Income Fit: 7/10DISCLOSURE: Please note that I may have a position in one or many of the holdings listed. The ETF tracks the S&P Energy Index which is comprised of stocks from each industry. The average price per BOE is listed at $75.04, giving them a comfortable netback BOE of $54.15. The company caters to the needs of oil and gas producers in the Western Canada Sedimentary Basin, and provides NGL gathering and processing, fractionation, storage, transportation, logistics and marketing services. The fund’s top three holdings are U.S. based companies Murphy Oil Corp (MUR), Parsley Energy Inc (PE) and Transocean Ltd (RIG). Of note, the U.S. became the largest crude oil producer in the world this past August. SuncorSuncor Energy is one of the largest independent energy companies in the world engaging in oil sands operations, offshore oil and gas production, petroleum refining and marketing. As such, the BMO Equal Weight Oil & Gas Index ETF is a viable alternative for investors. #table_3 > tbody > tr > td.column-formula_1:not(:empty):after, Enbridge caters to 3.7 million customers in Ontario, Quebec, New Brunswick, and New York. Today, we are presenting some of the best Canadian oil ETFs in the country. Oil and Gas Exploration and Production. The company also markets iso-octane, propane, butane, condensate and crude oil to customers in Canada and the United States. } The company holds some of the best oil sands assets in North America, particularly thermal in situ properties, having significant growth potential.

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