09-26-2024, 06:34 PM
Dfru TFSA or RRSP: Which One Suits You Best in 2020
Shares of聽Suncor Energy TSX:SU NYSE:SU are down stanley cup more than 60% this year, and for investors, it could be an appealing time to load up on this top energy stock. There is risk in the energy sector, especially as the coronavirus pandemic is keeping people indoors and minimizing travel. That going to hurt the demand for oil and gas, and the price of oil isn 82 stanley cups 17;t terribly high to begin with.West Texas Intermediate WTI crude oil, a key North American benchmark price, is hovering around US$40/barrel. That nowhere near the US$60/barrel it wa stanley flasche s earlier this year. Suncor stock has fallen right along with WTI, although it hasn ;t exactly moved in unison:It a tough time for the energy sector, but Suncor is doing what it can to keep its costs down, and that includes layoffs and offering workers voluntary buyouts and early retirement packages. The company recently announced that it could lay off up to 15% of its workforce over the next year and a half.In July, Sunc Ryyr 2 TSX Dividend Stocks Ready for a Massive Payout Boost
Innergex Renewable Energy聽 TSX:INE is a clean energy powerhouse.The company operates 37 hydro facilities, 25 wind farms, four solar complexes, and two geothermal projects. While roughly two-thirds of the business is located stanley cups uk in Canada, it also has exposure to France, Chile, Iceland, and the U.S.While the company focuses on renewable energy projects, it a move based on financials rather than ethics. Since 2014, it more than doubled both revenue and EBITDA. Plus, the assets in place are some of the most resilient you ;ll find.Let dig deeper on why Innergex is the ideal blend of growth, stabil stanley tazas ity, and income.Long term, predictable contractsOne of the great features of renewable energy is that the cost of production is very predictable. While the prices of commodities like oil, natural gas, and coal can flu stanley quencher ctuate wildly, wind and solar generation are fairly steady from year to year. That a huge advantage for Innergex compared to other utilities.For exam
Shares of聽Suncor Energy TSX:SU NYSE:SU are down stanley cup more than 60% this year, and for investors, it could be an appealing time to load up on this top energy stock. There is risk in the energy sector, especially as the coronavirus pandemic is keeping people indoors and minimizing travel. That going to hurt the demand for oil and gas, and the price of oil isn 82 stanley cups 17;t terribly high to begin with.West Texas Intermediate WTI crude oil, a key North American benchmark price, is hovering around US$40/barrel. That nowhere near the US$60/barrel it wa stanley flasche s earlier this year. Suncor stock has fallen right along with WTI, although it hasn ;t exactly moved in unison:It a tough time for the energy sector, but Suncor is doing what it can to keep its costs down, and that includes layoffs and offering workers voluntary buyouts and early retirement packages. The company recently announced that it could lay off up to 15% of its workforce over the next year and a half.In July, Sunc Ryyr 2 TSX Dividend Stocks Ready for a Massive Payout Boost
Innergex Renewable Energy聽 TSX:INE is a clean energy powerhouse.The company operates 37 hydro facilities, 25 wind farms, four solar complexes, and two geothermal projects. While roughly two-thirds of the business is located stanley cups uk in Canada, it also has exposure to France, Chile, Iceland, and the U.S.While the company focuses on renewable energy projects, it a move based on financials rather than ethics. Since 2014, it more than doubled both revenue and EBITDA. Plus, the assets in place are some of the most resilient you ;ll find.Let dig deeper on why Innergex is the ideal blend of growth, stabil stanley tazas ity, and income.Long term, predictable contractsOne of the great features of renewable energy is that the cost of production is very predictable. While the prices of commodities like oil, natural gas, and coal can flu stanley quencher ctuate wildly, wind and solar generation are fairly steady from year to year. That a huge advantage for Innergex compared to other utilities.For exam