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How To Play Peak Cheap Oil: Looking For Yield And Growth In The Canadian Oil Sands
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Published Tue, 21 Feb 2012 21:09:54 -0500 on Seeking Alpha
If you are like me and you were always skeptical of the peak oil theory, you are feeling pretty smug right now. New technologies and new oil discoveries are being made daily and politicians are once again musing about America becoming energy independent. You never even hear the phrase "peak oil" anymore unless it is from some jerk like me enjoying a self-satisfied pat on the back for being right. However, I am becoming a believer in peak oil theory's little cousin: peak cheap oil. Or peak conventional oil, if you prefer. Whatever you call it, it is undeniable that the face of oil production is changing. Conventional oil deposits are shrinking, as are margins at the oil majors. Oil exploration is becoming more expensive and most new oil reserves are coming from deep horizontal wells, hydraulic fracturing and deep-sea drilling. As a young investor, I figured that the world... Read more
Stock name ISIN Last trade P/E Earnings/Share Dividend/Share Dividend yield TRANSCANADA 
CA89353D1078 48.59 25.5 1.91 1.79 3.68 ENBRIDGE
CA29250N1050 46.91 61.8 0.76 1.25 2.66 SUNCOR ENERGY
CA8672291066 30.95 20.8 1.51 0.78 2.51 CANADIAN NATIONAL RAILWAY
CA1363751027 101.26 18.4 5.50 1.67 1.65 CANADIAN NATURAL RESOURCES
CA1363851017 30.13 20.4 1.48 0.48 1.61