Stan Wong
Shell Canada
SHC-T
PAST TOP PICK
Jun 12, 2023
(A Top Pick Jun 23/22, Up 23%)
Top pick in the energy space. Integrated oil producer throughout the world. Long term energy demand strong. Limited supply & investment in oil output will keep prices high. Expecting a $80 oil price going forward due to Saudi Arabia budget demands. High free cash flow and dividend yield (~3.9%).
The parent, Royal Dutch, has raised their offer to $45. Her strategy on these is to wait until the last moment, as you can never tell what else may occur.
Top pick in the energy space.
Integrated oil producer throughout the world.
Long term energy demand strong.
Limited supply & investment in oil output will keep prices high.
Expecting a $80 oil price going forward due to Saudi Arabia budget demands.
High free cash flow and dividend yield (~3.9%).