Monday, June 16, 2014

Top 10 Canadian Stocks To Invest In 2015

Top 10 Canadian Stocks To Invest In 2015: ConocoPhillips(COP)

ConocoPhillips operates as an integrated energy company worldwide. The company?s Exploration and Production (E&P) segment explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas, and natural gas liquids. Its Midstream segment gathers, processes, and markets natural gas; and fractionates and markets natural gas liquids in the United States and Trinidad. The company?s Refining and Marketing (R&M) segment purchases, refines, markets, and transports crude oil and petroleum products, such as gasolines, distillates, and aviation fuels. Its Chemicals segment manufactures and markets petrochemicals and plastics. This segment offers olefins and polyolefins, including ethylene, propylene, and other olefin products; aromatics products, such as benzene, styrene, paraxylene, and cyclohexane, as well as polystyrene and styrene-butadiene copolymers; and various specialty chemical products comprising organosulfur chemicals, solvents, catalyst s, drilling chemicals, mining chemicals, and engineering plastics and compounds. The company?s Emerging Businesses segment develops new technologies and businesses. It focuses on power generation; and technologies related to conventional and nonconventional hydrocarbon recovery, refining, alternative energy, biofuels, and the environment. This segment also offers E-Gas, a gasification technology producing high-value synthetic gas. ConocoPhillips was founded in 1917 and is based in Houston, Texas.

Advisors' Opinion:
  • [By Arjun Sreekumar]

    Most Recently, BP (NYSE: BP  ) along with ExxonMobil (NYSE: XOM  ) and ConocoPhillips (NYSE: COP  ) said it plans to invest an additional $1 billion in the North Slope of Alaska over the next five years, spurred by a tax reform signed into law in May that makes drilling in the region more attractive to oil companies.

  • [By Ben Levisohn] !

    As with just about any Buffett purchases, shares of ExxonMobil have gotten a pop. They’ve gained 1.9% to $94.96, well above the S&P 500′s 0.3% gain. Exxon has also outpaced ConocoPhillips (COP), which has dropped 0.8% to $73.06 and Chevron (CVX), which has risen 0.4% to $119.99. BP (BP) is up 1.2% to $47.15.

  • [By Geoff Gannon]

    路 Berkshire wrote down $1.4 billion of its investment in the bonds of a Texas electric utility that is dependent on natural gas prices. Warren Buffett is a terrible investor when it comes to commodities. Ive had a hard time finding any situation where his investment in a commodity company worked out better than similar investments he was making and couldve presumably added more to at the same time. At best, Berkshires commodity related investments have done about as well as its non-commodity related investments made at the same time. At worse, theyve failed miserably. This one looks like it falls into the latter category. Of course, there was one very big exception to Berkshires sorry history of investing in commodity stocks PetroChina. That was a smashing success. Buffetts other oil investments like ConocoPhillips (COP) not so much. Even if you go back to the 1970s and 1980s when Buffett was probably looking at commodity companies a s helpful in his fight against inflation he still wasnt getting more for his commodity company investments than from his media company investments. It just seems like this is an area Warren Buffett should stay away from. If the thesis depends on the price of oil, coal, silver, aluminum, etc. it isnt a Warren Buffett investment. At least its not a Warren Buffett investment thatll live up to the name. But he keeps making these mistakes. Its something to think about. If your record is pretty spotty in one sector maybe thats a sector you should stay away from. Theres a reason Im very reluctant to buy retail stocks I tend to lose money on them. It wouldnt be a bad idea for Buffett to apply the same l! ogic to h! is commodity related investments.

  • [By Claudia Assis]

    Major oil companies also reversed course, with shares of Exxon Mobil Corp. (XOM) up 0.8%. Shares of Chevron Corp. (CVX) advanced 0.8% as well, while shares of ConocoPhillips (COP) gained 0.4%.

  • source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/top-10-canadian-stocks-to-invest-in-2015.html

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