A lot of ink has been spilled on the malaise afflicting Kraft Heinz stock. Broadly speaking there seem to be four key points of concern. Firstly, the lingering issue of debt vis-a-vis earnings and cashflow. Secondly, the pressing need of the company to invest in its brands and stabilize operations. Thirdly, the $15 billion impairment change which included hits to…

Bombed out energy companies are not hard to find in Canada at the moment. As I mentioned in the previous piece covering one such name, Bonterra Energy, the oil & gas industry there has been through the wringer as a result of the late-2018 collapse in local oil prices. Equity prices have not yet recovered despite the Canadian Crude Index…

The Canadian oil & gas space has been a disaster zone for investors over the past few years. The first crisis to hit was the global oil price crash that kicked off in late-2014. The industry was then rocked again at the end of last year in a localized price crash caused by a supply glut; itself due to a shortage…

Around eighteen months ago I introduced a relatively young master limited partnership (MLP): Shell Midstream Partners (NYSE: SHLX). As its name suggests, Shell Midstream is a dropdown MLP consisting of certain midstream oil & gas assets initially spun out of Royal Dutch Shell. Now, for the conservative income investor assets like oil pipelines and terminals are great in theory. In…

Having recently covered ExxonMobil it would be remiss of me to leave out fellow North American major Chevron (NYSE: CVX). Back in the dark days of 2015/16 the latter had arguably the worst outlook of the big oil companies depending on how you view things. For instance, the relative difference between cash generated by Chevron’s business operations and cash spent…

Over the past three years ExxonMobil (NYSE: XOM) stock has noticeably underperformed compared to its four super-major peers: Chevron, Royal Dutch Shell, BP and Total of France. $10,000 invested into Exxon stock three years ago is currently worth just $10,780. In contrast, that same $10,000 lump sum invested into any one of its peers would currently be worth anywhere between…