We have modestly reduced the fair value estimates for our covered oil sands producers; CNRL remains a Best Idea.
Improved efficiencies, brand pricing power, and sufficient capital levels are some of the reasons behind these equity groups' higher moat ratings.
Railroads bolstered our confidence in the persistence of excess returns via solid performance through the recent recession and coal weakness.
Dominion D announced the sale of 150 acres in Louisiana containing three underground salt caverns that were to be developed into a natural-gas storage facility. Although the sales price was not announced, this is certainly a very small transaction for the company. However, it highlights a theme ...
Increased access to the Gulf Coast results in higher realizations.