Magellan also has a moderate Piotroski F-Score of 4, which indicates business conditions are stable. The stock is trading around $23, pays a dividend of 22 cents per share and its 52 week range is $37.75 - $10.27. GuruFocus.com is engaged in the business of financial news, commentaries, research and publishing. The oil and gas producer, which is headquartered in Houston, has a market cap of $6.78 billion; its shares were trading around $17 on Friday with a price-earnings ratio of 10.49, a price-book ratio of 3.23 and a price-sales ratio of 3.45. Analysts' Current Least Favorites, Feel-Good Income: 25 Consider this headline from a Canadian national newspaper (the Globe & Mail, June 12, 2020): When the press is sufficiently negative, the sellers have sold and tide is about to turn. Consumer Defensive. Founded in 1880 in Canada, it owns 25% of Syncrude - one of the largest oil sands producers in the world. The markets have already witnessed a number of pullbacks in tech names. Oil and gas stocks track crude oil prices to a large degree. In August of 2009 Suncor (SU) merged with PetroCanada to become the largest integrated producer in Canada. GuruFocus hosts numerous value screeners and research tools, and regularly publishes articles about value investing strategies and ideas. GuruFocus rated Marathon’s financial strength 5 out of 10. The low Altman Z-Score of 1.62 also warns that the company could be at risk of going bankrupt since its assets are building up at a faster rate than its revenue is growing. The GuruFocus valuation rank of 6 out of 10 also leans toward undervaluation. Canada’s Best Dividend Stocks 2020. The only question is whether such an alignment of stars as laid out above could occur. Okay, so certain trends in tech aren’t going anywhere any time soon. Click Here to Get Your Free Report Today! While we know that the stock market will grow over time, on a day-to-day or even month-to-month basis, the stock market is always changing value due to the daily fluctuation of all the stocks. The integrated oil and gas company is majority (69.6%) owned by ExxonMobil. Read full article in a new window: RSI Alert: Kirkland Lake Gold (TSE:KL.CA) Now Oversold, Open the Canada Stock Channel KL.CA Page (in a new window) », Try ValueForum.com for 7 Days for 7 Dollars, 10 Canadian Stocks Where Yields Got More Juicy, 10 Must-Know Cash flows from operations declined significantly (down 58%) year-over-year. That's when there's a lot of opportunities to pump up the volume of your investment in the industry". Crossing Above Their 200 Day Moving Average, 10 U.S. Stocks "We have a lot of hard work ahead of us.". B y Rod Nickel and Jeff Lewis. In its latest Short-Term Energy Outlook, the U.S. Energy Information Administration (EIA) actually expects prices for West Texas Intermediate (WTI) to drop from an average of $56.74 a barrel this year to $55.01 next year. You may opt-out by. The return of market bullishness and an upturn in consumer sentiment are also likely to see rising demand. )+[a-z]{2,})$/i, failureMessage: "A valid email address is required"});var dom2 = document.querySelector('#form1783 #field2');var field2 = new LiveValidation(dom2, {validMessage: "", onlyOnBlur: false, wait: 300});field2.add(Validate.Presence, {failureMessage:"This field is required"});var dom11 = document.querySelector('#form1783 #field11');var field11 = new LiveValidation(dom11, {validMessage: "", onlyOnBlur: false, wait: 300});field11.add(Validate.Custom, {against: function(value) {return !value.match(/(telnet|ftp|https?):\/\/(?:[a-z0-9][a-z0-9-]{0,61}[a-z0-9]\.|[a-z0-9]\. Below Book Value, 10 Canadian Stocks The combination has long been an idea that investment bankers pitched, matching Cenovus' Alberta heavy oil production to Husky's Midwest refineries, said Dan Tsubouchi, principal at SAF Group, a firm that invests in energy companies and lends to them. At least, not for energy stocks that rely virtually exclusively on fossil fuels like oil and gas (forget about coal). While 10-15 percent may default and go bankrupt, the remaining 85-90 percent will dramatically outperform.”. As a result of the company issuing approximately $8.9 billion in new long-term debt over the past three years, it has low interest coverage. Insiders Are Buying, 25 S.A.F.E. Its operating margin is in decline, however. Cenovus Energy's acquisition of Husky Energy creates a new Canadian-owned major oil producer and lends the long-struggling oil patch greater stability during its biggest crisis in decades, with investors betting on further deals. The dividend was actually increased to $0.425 per share - a refreshing departure from so many other industry players who've cut their dividends. 24/7 Wall St. has included one solar stock and two lithium-oriented companies due to the changes that are up and coming. This is your chance to get in early on what could prove to be very special investment advice. From green energy tailwinds to demand destruction, oil is in pretty bad shape. Not a Premium Member of GuruFocus? GuruFocus.com is owned by GuruFocus.com LLC, a Texas Limited Liability Company located in Plano, Texas. High-Yield Canadian Energy Stocks, 10 Canadian Stocks Crossing Consider cuts in supply – recent years have seen a couple of notable bottlenecking incidents, for example. TradeTalks: #ApexMillennial100 Stock Pulse Report, TradeTalks: Increase in COVID-19 Cases, Stalled Stimulus and Disappointing Jobs Data Weighs on Stocks, Take Buffett’s Advice: 5 Vanguard Funds to Buy, How Short Selling Makes Markets More Efficient, var dom1 = document.querySelector('#form1783 #field1');var field1 = new LiveValidation(dom1, {validMessage: "", onlyOnBlur: false, wait: 300});field1.add(Validate.Presence, {failureMessage:"This field is required"});field1.add(Validate.Format, {pattern: /^([^@\s]+)@((?:[-a-z0-9]+\. By Mark Brown on December 16, 2019. S&P 500, Forgotten S&P 500 Giants: This company’s biggest problem is having its profits plundered by the Brazilian government, which owns a controlling interest.

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