Enbridge, Inc. (USA)
The media is buzzing about TransCanada's (NYSE: TRP) Energy East pipeline. According to its proponents, the project will allow Alberta crude to access new markets and drive oil sands development. But don't get too excited. The pipeline is still a long way from approval.
Last month, TransCanada announced that it's moving forward with its Energy East Pipeline, which will transport Canadian crude oil to east more »
The Oracle of Omaha is looking north of the border for new investment opportunities. On Thursday, Warren Buffett revealed through a regulatory filing that he has accumulated a stake of 17.8-million shares in Canada’s largest energy producer Suncor Energy (NYSE: SU). Yet in spit of shares rising sharply in recent months, it's not too late to follow Buffett into this high quality oil and gas company.
There more »
Shares of master limited partnership (MLP) stocks can be some of the strongest dividend-paying securities available to investors. These securities typically feature a high level of income while offering investors some attractive tax advantages. Being incorporated as limited partnerships, they do not face double taxation; MLPs are subject to no taxes at the corporate level.
When trying to find the next small cap two-bagger to add to my portfolio, I had to do some digging. I think most companies have realized their full value since plunging during the recession -- but when I looked north, to Canada, I found the undervalued tool manufacture Logan International (NASDAQOTH: LOGN).
While the company is worth over $250 million, it hasn't received much press coverage at all, and that more »
The debate surrounding TransCanada's (NYSE: TRP) Keystone XL pipeline has been one of the fact-free varieties. Both sides - industry representatives and environmentalists - stretch the truth a little to justify their case. Let's address two of the biggest myths surrounding the project and what they mean for investors.
Myth #1: Keystone will cut the price of gas at the pump
You can learn a lot from corporate conference calls and research reports. Sometimes, you can catch a peek at emerging industry trends, giving a diligent analyst the investment edge. Let's take a look at three quotes from last week and what they mean for investors.
Lots of pipeline capacity
Regular industry followers are well aware of the midstream infrastructure problems plaguing the continent. A lack of pipeline capacity combined more »
Enbridge is a convoluted beast. As Fool contributor Aimee Duffy described in a recent piece, the company's operations include liquid pipelines, gas distribution, storage, corporate transactions, and gas pipelines. It can be a difficult business to wrap your head around.
But one area that I thought deserved more attention was the company's sponsored investments. So today, I'm going to talk about these four entities as investment vehicles more »
President Obama's critical comments of TransCanada's (NYSE: TRP) Keystone XL pipeline suggest the chances of the projects's approval are waning. But while America dithers, Canada isn't standing by. With so many options emerging in recent months, Keystone is losing relevance.
New options emerging
While Keystone has been held in political purgatory, Canadian oil producers are securing access to new markets.
Can North America really become energy independent?
Based on the media consensus, energy self sufficiency is right around the corner. A report by Citigroup predicts North America could wean itself off imports by 2020. Continental Resources CEO Harold Hamm thinks it's possible with less government interference. But is this goal really achievable? Let's investigate.
The road to independence
We're in the midst of a North American energy more »
Recently it was reported by the Energy Information Administration, or EIA, that the US' recoverable amount of oil and gas reserves is 35% greater than in 2011. The shale revolution has unlocked the tremendous potential of the natural gas and oil industry, bringing about a huge increase in the oil and gas pipeline distribution around the U.S. and Canada.
Recently, a Canadian train carrying oil crashed in a small town and killed 50 people. This shouldn't be a great surprise, as more oil is being transported by trains, and statistics show that the risk of a spill by a train is around six times greater than a spill by a pipeline. There is strong opposition to new pipelines like the Transcanada (NYSE: TRP) Keystone XL, but recent events more »
Investors can prime their portfolio for success by building on a collection of core growth stocks. These are wonderful businesses with both a sustainable competitive advantage and a long growth runway. Enbridge (NYSE: ENB) is one of the few companies that meet both of those requirements.
Why it's a core stock
Enbridge moves energy. These are the guys who ship energy from the wellhead to the refinery and into more »
The Bank of Nova Scotia (NYSE: BNS) has $740 billion in assets under management (AUM) as of May 2013. The bank believes in holding a well-diversified portfolio of investments. This diversification can be geographical or industrial, which helps in monetizing future growth opportunities. I am analyzing the top three companies of its portfolio, which recently took major steps including expansion efforts and new agreements in order to boost revenue.
Name more »
A trailblazing North American energy transportation and distribution company, Enbridge (NYSE: ENB), has been trounced year to date, declining 4.99% compared to the 12.42% return offered by the blue chip average.
Enbridge transports and distributes energy across the United States and Canada. Operating a crude oil and liquids transportation system, Enbridge is additionally operating in the natural gas transmission and midstream businesses. Liquids pipelines, gas distribution, gas pipelines more »
On June 25, President Barack Obama said the pipeline would only extend from Alberta to Texas if it "doesn't significantly exacerbate the problem of carbon pollution."
That casts serious doubts on TransCanada's ability to extend the major project from Canada to more »
Canadian oil sand producers face a new challenge - a looming shortage of pipeline diluent. And the problem threatens the industry's development.
Bitumen - the sticky, tar-like substance mined from the oil sands - is too thick to flow by itself. Rather it must be blended with lighter hydrocarbons, super-light oil called condensate and other natural gas liquids, in order to be shipped by pipeline. These products are called diluent more »
Today, the Keystone XL Pipeline is the million dollar question. Without getting into the politics surrounding it, let's examine what approval of the pipeline might mean for investors. In this post we'll examine three companies that stand to benefit from the pipeline should it get approved. The first of these, Enbridge (NYSE: ENB), is a Canadian pipeline operator that I've covered before. The company is one of more »
One of the largest independent US pipeline carriers of refined petroleum products, Buckeye Partners LP (NYSE: BPL) has vastly outperformed the overall market in 2013, rising 46.66% year to date compared to the 12.93% return offered by the blue chip average.
Buckeye is one of the largest independent US pipeline carriers of refined petroleum products, with over 6,000 miles of pipelines. Based on market capitalization, the company more »
Where will Canada's crude go? Efforts to build new pipelines are being blocked to the south and the west, so now TransCanada (NYSE: TRP) is looking east.
The Energy East Pipeline
TransCanada has submitted a proposal to convert an existing 1,900 mile natural gas pipeline to carry heavy crude oil from Hardisty, Alberta to Quebec City, Quebec. The submission also includes the possibility of a 870 mile extension more »
In May of this year, the Energy Information Administration released a report updating US dependence on foreign oil. The statistics confirm that the United States is becoming increasingly energy independent with only 40% of total petroleum and oil coming from foreign countries.
Of that 40%, more than half is imported from the Western hemisphere, mostly from Canada, which accounts for 28% of total net imports. This makes Canada the USA more »
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