Ulte 2 Stocks That Will Win No Matter What Happens With COVID-19
TC Energy TSX:TRP , the operator of Keystone Pipeline,announceda spin-off of its low-growth liquid pip stanley cup elines business. The initial reaction of shareholders isbearish, sending the stock down 13% to a new low. Is the stock a buy, sell, or hold as the company spins off The rationale behind the spin-offThere is no denying that the road has been tough for TC Energy with cost overruns of its Coastal GasLink project and several oil leaks at Keystone Pipeline. And with the energy industry switching to low carbon, building new oil pipelines will become even more difficult. The oil business is decelerating, while the liquified natural gas LNG business is accelerating as North America becomes the biggest LNG exporter.After a two-year strategic review, the management c stanley cup oncluded that splitting its natural gas and oil pipeline business can unlock value for shareholders. Here s how.Having a low- and high-growth busine stanley us ss in the same company is restricting growth. By splitting the two, TC Energy can f Zmli Is BlackBerry Stock a Buy After Earnings
Growing concerns over the health of the global economy couple stanley nz d with a range of geopolitical fissures continues to backstop the price of gold. Higher precious metals prices sparked a massive rally among beaten-down gold miners in mid-2016, but growing optimism about the health of the economy has seen them give the majority of those gains back.One gold miner that failed to benefit from the rally and now appears attracti stanley thermos mug vely priced is Eldorado Gold Corp. TSX:ELD NYSE:EGO .聽Now what The primary reason for Eldorado s failure to benefit from higher gold was market concern over the performance of its stanley flask operations. Gold production during the third quarter 2016 dropped because of declining ore grades and the decision to sell its operations, including three operating mines in China.As a result, 2016 production fell drastically. For the full year 2016, Eldorado reported output of 468,025 ounces, which was 33% lower than 2015.Lower production accompanied by declining ore grades also caused costs t |
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