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Oil has pulled back sharply in recent days after experiencing a sustained rally  which saw West Texas Intermediate (WTI) reach a multi-year high of over US$76 a barrel earlier this month. The latest drop, which sees the North American benchmark trading at under US$67 per barrel, has created an opportunity for investors to bolster their exposure to quality oil stocks. One which stands out is light oil producer Surge Energy (TSX:SGY), which has only gained 8% for the year to date compared to WTI’s 14%.  Now what? Surge is focused on producing light oil from reservoirs with conventional characteristics and low… Oil has pulled back sharply in recent days after experiencing a sustained rally  which saw West Texas Intermediate (WTI) reach a multi-year high of over US$76 a barrel earlier this month. The latest drop, which sees the North American benchmark trading at under US$67 per barrel, has created an opportunity for investors to bolster their exposure to quality oi...

When you are looking for Canadian energy and mining stocks to buy and hold, there are a few things to keep in mind, especially if you are new to trading shares. One of the first things that you need to look for if you want to hold a stock for the mid to long term is value: some folk like to use the P/E ratio almost exclusively, though this does not always tell the whole story with a stock’s valuation and should be confirmed by other fundamentals and indicators of value. Another thing to be aware of is that energy… When you are looking for Canadian energy and mining stocks to buy and hold, there are a few things to keep in mind, especially if you are new to trading shares. One of the first things that you need to look for if you want to hold a stock for the mid to long term is value: some folk like to use the P/E ratio almost exclusively, though this does not always tell the whole story with a stock’s valuation and should be confirmed by other fundamentals and indicators of value. ...

Investors aim to buy dividend stocks low for a high initial yield. Here are two relatively safe energy stock ideas that fit that line of thought. They’re quality oil and gas stocks that are trading at near their 52-week lows and offer yields of 4-7%. TORC Oil and Gas TORC is a light oil-weighted producer that’s supported by the Canada Pension Plan Investment Board, which has about 28% ownership in the company. TORC insider ownership of about 4% is also meaningful. Management estimates an average production of 25,100 barrels of oil equivalent per day (boe/d) and an exit production of 28,000… Investors aim to buy dividend stocks low for a high initial yield. Here are two relatively safe energy stock ideas that fit that line of thought. They’re quality oil and gas stocks that are trading at near their 52-week lows and offer yields of 4-7%. TORC Oil and Gas TORC is a light oil-weighted producer that’s supported by the Canada Pension Plan Investment Board, which has about 28...

Enbridge Inc. (TSX:ENB)(NYSE:ENB) stock is trading at such depressed levels that it won’t take much to get the stock going again. In the meantime, we have a 6.3% dividend yield to sit back and enjoy. Not a bad deal. Because if we keep an eye on the long-term , we will realize that $71.3 billion Enbridge, with its extensive energy infrastructure consisting of pipelines and regulated utilities has been around for more than 65 years — and will be around for many more. Not only will it be around, but it will continue to be profitable, providing investors who… Enbridge Inc (TSX:ENB) (NYSE:ENB) stock is trading at such depressed levels that it won’t take much to get the stock going again. In the meantime, we have a 6.3% dividend yield to sit back and enjoy. Not a bad deal. Because if we keep an eye on the long-term , we will realize that $71.3 billion Enbridge, with its extensive energy infrastructure consisting of pipelines and regulated utilities has been around for more than 65 ...

As investors, we are always looking for that next big winner in order to guide out portfolios higher. Stocks that are hitting 52-week highs can be a warning of impending losses in the case of those stocks that have simply gotten ahead of themselves or confirmation of a good decision that is going just as planned. Here I will look at two stocks that are hitting new 52-week highs in order to reassess where they will go from here. Parkland Fuel Corp. (TSX:PKI) With a five-year return of 145% and a one-year return of 111%, investors may be wondering if… As investors, we are always looking for that next big winner in order to guide out portfolios higher. Stocks that are hitting 52-week highs can be a warning of impending losses in the case of those stocks that have simply gotten ahead of themselves or confirmation of a good decision that is going just as planned. Here I will look at two stocks that are hitting new 52-week highs in order to reassess where they will go from here. Park...

Buying stocks that pay high dividends is a good way to earn passive income. Many stocks in the market pay dividends, but if you want to have big dividends, you should look at stocks that yield 5% or more. The five stocks I present below are good-quality stocks that have dividend yields of 5% or more. TransAlta Renewables (TSX:RNW) TransAlta Renewables is a renewable power company based in Canada. TransAlta has paid a dividend since 2013 and has increased its dividend for three successive years. The stock is currently paying a monthly dividend of $0.0783 per share for a high… Buying stocks that pay high dividends is a good way to earn passive income. Many stocks in the market pay dividends, but if you want to have big dividends, you should look at stocks that yield 5% or more. The five stocks I present below are good-quality stocks that have dividend yields of 5% or more. TransAlta Renewables (TSX:RNW) TransAlta Renewables is a renewable power company based in Canada. TransAlt...

The global markets have seen better days, that’s for sure. The S&P/TSX Composite Index is down more than 6% over the past two-and-a-half weeks heading into Friday. Meanwhile, the S&P 500 has lost a little more than 5% of its value over the past two trading days alone. When the market undergoes bouts of volatility as it has in the past week or so, it’s easy to start panicking. And even while that type of emotionally-charged response is never a good thing, as some investors out there will impulsively reach for that “sell button.” But if you can manage to… The global markets have seen better days, that’s for sure. The S&P/TSX Composite Index is down more than 6% over the past two-and-a-half weeks heading into Friday. Meanwhile, the S&P 500 has lost a little more than 5% of its value over the past two trading days alone. When the market undergoes bouts of volatility as it has in the past week or so, it’s easy to start panicking. And even while that type of emotion...

Despite the poor outlook for natural gas, some drillers are uniquely positioned to benefit from specific local market inefficiencies. One such energy company is Canacol Energy Ltd. (TSX:CNE), which operates in the Latin American nation of Colombia. Since the start of 2018, Canacol has lost almost 14% and failed to rally despite the recent spike in natural gas prices that sees the fuel up by roughly 10% over the last month.  Now what? The decline in Canacol’s stock can be attributed to a variety of factors including the driller’s move to divest itself of its conventional oil assets… Despite the poor outlook for natural gas, some drillers are uniquely positioned to benefit from specific local market inefficiencies. One such energy company is Canacol Energy Ltd. (TSX:CNE) , which operates in the Latin American nation of Colombia. Since the start of 2018, Canacol has lost almost 14% and failed to rally despite the recent spike in natural gas prices that sees the fuel up by ro...

Oil prices are rising again, with West Texas Intermediate starting to climb over US$73 this week — the highest it has been since late 2014, when the downturn in oil was well underway: With the U.S. set to impose sanctions on Iran in November, we could see lower levels of supply, and that could further push up oil prices. And while other countries could pick up some of that shortfall, it might be a challenge to do so. We’ve already seen some OPEC members hampered by their own supply issues, meaning others had to ramp up production already. Why… Oil prices are rising again, with West Texas Intermediate starting to climb over US$73 this week — the highest it has been since late 2014, when the downturn in oil was well underway: With the U.S. set to impose sanctions on Iran in November, we could see lower levels of supply, and that could further push up oil prices. And while other countries could pick up some of that shortfall, it might be a challenge to do so. We’ve already seen som...

Young Canadians are using their Tax-Free Savings Accounts (TFSAs) to set some cash aside for the future. One effective strategy for growing savings into a substantial cash pile involves owning quality dividend-growth stocks and using the distributions to buy new shares. Inside the TFSA, the compounding process can be tapped to its greatest effect, as the full value of the dividends can be used to acquire additional stock, and when the day arrives to cash out and spend the money in retirement , all of the gains are tax-free. Let’s take a look at five companies that should be solid… Young Canadians are using their Tax-Free Savings Accounts (TFSAs) to set some cash aside for the future. One effective strategy for growing savings into a substantial cash pile involves owning quality dividend-growth stocks and using the distributions to buy new shares. Inside the TFSA, the compounding process can be tapped to its greatest effect, as the full value of the dividends can be used to acquir...

Crude’s latest rally, which saw the international benchmark Brent reach a multiyear high and West Texas Intermediate (WTI) climb to trade at over US$70 a barrel, has fueled further bullishness over the outlook for petroleum. Some analysts have claimed that oil will reach US$100 per barrel before the year’s end. Much of this optimism is focused on a range of emerging supply constraints, which have buoyed expectations of higher oil prices. This has been a boon for Canada’s oil patch with some companies, such as MEG Energy (TSX:MEG), outstripping oil and surging by over 45%. Nonetheless, many others, such as… Crude’s latest rally, which saw the international benchmark Brent reach a multiyear high and West Texas Intermediate (WTI) climb to trade at over US$70 a barrel, has fueled further bullishness over the outlook for petroleum. Some analysts have claimed that oil will reach US$100 per barrel before the year’s end. Much of this optimism is focused on a range of emerging supply...

Not so long ago – just four weeks ago in fact – Canadian energy producer Crescent Point Energy (TSX:CPG)(NYSE:CPG) looked like it could be a great deep value play, trading at both the stock’s not only 52-week low, but also its more than 10-year lows. Since then, however, the CPG shares have gone on to lose more than 10% of their value, are down more than 20% since early July, and in the process have blown through the stock’s previous technical support levels along the way. Needless to say, none of these are good signs for investors. While much of… Not so long ago – just four weeks ago in fact – Canadian energy producer Crescent Point Energy (TSX:CPG) (NYSE:CPG) looked like it could be a great deep value play, trading at both the stock’s not only 52-week low, but also its more than 10-year lows. Since then, however, the CPG shares have gone on to lose more than 10% of their value, are down more than 20% since early July, and in the process have blown through the stock’s previous ...

Canadian savers are using their Registered Retirement Savings Plans to set some cash aside for the future . One popular RRSP strategy involves owning dividend stocks and using the distributions to buy more shares, thereby taking advantage of the power of compounding interest. Ideally, we want to buy solid companies when they are cheap rather than at the peak of a rally. Let’s take a look at two unloved stocks that might be interesting picks right now to launch a self-directed RRSP focused on dividends. Power Financial Corp. (TSX:PWF) Power Financial is an attractive pick for investors who… Canadian savers are using their Registered Retirement Savings Plans to set some cash aside for the future . One popular RRSP strategy involves owning dividend stocks and using the distributions to buy more shares, thereby taking advantage of the power of compounding interest. Ideally, we want to buy solid companies when they are cheap rather than at the peak of a rally. Let’s take a look at two...

The recent downturn in the energy sector is giving investors who missed the rally over the past year a chance to pick up attractive dividends and book a shot at some nice capital appreciation on a change of sentiment. Let’s take a look at two stocks that might be interesting picks right now. Vermilion Energy Inc. (TSX:VET)(NYSE:VET) Vermilion is an international oil and gas producer with assets in Canada, Europe, Australia, and the United States. Canadian production represented about 50% of output in the first half of the year. Operations in France, the Netherlands, Germany, and Ireland… The recent downturn in the energy sector is giving investors who missed the rally over the past year a chance to pick up attractive dividends and book a shot at some nice capital appreciation on a change of sentiment. Let’s take a look at two stocks that might be interesting picks right now. Vermilion Energy Inc. (TSX:VET) (NYSE:VET) Vermilion is an international oil and gas producer with as...

The press release announcing Just Energy Group (TSX:JE)(NYSE:JE) had acquired Filter Group, a leader in the home water filtration market, flew across my computer screen September 10. The only thing I could think of at the time was, who is Just Energy and why should I care? I write about stocks in the U.S., Canada, and sometimes overseas, too. While I like to think I’ve got a steel trap for a brain, the truth is, no one can know them all. I certainly didn’t know Just Energy. So, I’ve dug into the company’s business. Here’s what… The press release announcing Just Energy Group (TSX:JE) (NYSE:JE) had acquired Filter Group , a leader in the home water filtration market, flew across my computer screen September 10. The only thing I could think of at the time was, who is Just Energy and why should I care? I write about stocks in the U.S., Canada, and sometimes overseas, too. While I like to think I’ve got a steel trap for a brain, the truth is, no one can know them all. I certainly...

At the height of the last oil boom, heavy oil producer BlackPearl Resources (TSX:PXX) was being touted as the next hot oil sands play. After oil collapsed in late 2014 and entered a prolonged slump, the company found itself in a precarious position as investment capital and cash flows dried up. The sustained rally in crude, which has occurred since the start of 2018 and sees the North American benchmark West Texas Intermediate (WTI) up by 16%, has been a life saver for BlackPearl, which has gained 12% over the same period.  Now what? During the second quarter 2018, BlackPearl… At the height of the last oil boom, heavy oil producer BlackPearl Resources  (TSX:PXX) was being touted as the next hot oil sands play. After oil collapsed in late 2014 and entered a prolonged slump, the company found itself in a precarious position as investment capital and cash flows dried up. The sustained rally in crude, which has occurred since the start of 2018 and sees the North Amer...

News of the Trans Mountain pipeline being delayed is reminding investors why putting their money into oil and gas, particularly in this country, may not be a good idea. The downturn in oil prices started in 2014, and while we’ve seen an improvement since last year, the industry just hasn’t been able to get back to where it was before. Normally, we’d expect a higher price of oil to lead to more bullishness in the industry and stronger stock prices. But if you look at stocks like Cenovus Energy (TSX:CVE)(NYSE:CVE) and Enbridge (TSX:ENB)(NYSE:ENB), a high price of oil simply hasn’t translated into… News of the Trans Mountain pipeline being delayed is reminding investors why putting their money into oil and gas, particularly in this country, may not be a good idea. The downturn in oil prices started in 2014, and while we’ve seen an improvement since last year, the industry just hasn’t been able to get back to where it was before. Normally, we’d expect a higher price o...