Our fair value estimates for TransCanada and Enbridge are unchanged.
It has a wide moat and an attractive yield, and now's the time to invest.
The market continues to underestimate the capacity of the shale industry to eventually throw oil markets back into oversupply.
Enbridge is seeking to acquire all public shares of its remaining sponsored vehicles--and we like the move.
We think this is a good move for Cenovus because we don’t ascribe much value to its non-oil sands exploration and development assets.
We are maintaining our fair value estimates and wide moat rating for the firm.
The longer the delay, the worse the supply onslaught becomes.
The wide-moat company is on course to boost its dividend and offers hefty upside.
The company offers a compelling midstream opportunity and a strong dividend yield.
Huge output decline boosts near-term fundamentals, but lofty prices likely to trigger dangerous shale growth later.
We think the market is overreacting to the news of lower first-quarter production.
And the company continues to reward investors with annual dividend growth.
The inevitable resumption of production growth in the U.S., coupled with expansion in Libya and Nigeria, will likely nudge crude stockpiles higher again in 2018.
Nothing is certain in the world of oil, but a crude awakening for energy investors could be near.
OPEC output cut extensions don't appear to be enough to balance the oil market.
The company's not getting enough credit for its SAP technology cost reductions and conventional production growth.
Rapid U.S. production growth is looming and puts the nascent oil price recovery at risk.
The narrow-moat firm's Keystone XL project still faces several obstacles.
The market isn't giving the company enough credit for the recent acquisition.
Next-generation solvent technology is lowering costs, and the long-term impact could be immense.
Improved near-term fundamentals come at a cost.
We expect a medium-term oil price rally in 2018 but remain bearish on long-term oil prices.
The deal allows the wide-moat energy company to diversify its operations toward natural gas while protecting its dividend growth.