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Cenovus Energy Inc. (CVE)
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MEG Energy Corp. (MEG)
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Freehold Royalties Ltd. (FRU)
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Tamarack Valley Energy Ltd. (TVE)
Q: Good morning,
I currently own all four companies in the energy portion of my family portfolio.
That being said, I'm in the red and very disappointed with FRU.CA's performance of late and looking at selling FRU.CA and with the proceeds, adding to my existing positions of MEG.CA, CVE.CA or TVE.CA.
Q1. What are your thoughts on FRU.CA
Q2. Which of these three stocks (MEG.CA, CVE.CA or TVE.CA offers the best risk/reward at this particular time,
Q3. Is there another energy stock that you prefer and would wholeheartedly recommend.
Thank you and I'll await your response.
Q: Good morning,
I currently hold FRU in my TFSA account and it is down approx 30%.
Q1. What is your outlook at this time of FRU and would this be a good entry point to purchase some additional shares?
I wish to purchase an energy stock for my TFSA and GXE is one under consideration given the relative safety of its high dividend and growth prospect should the price of oil go higher.
Q2. What are your thoughts and outlook of GXE at this time and do you have a better recommendation for a new position in my TFSA?
Thank you and I'll await your sage advice.