Q: It has been suggested that this time of volatility is a good opportunity for upgrading the quality of one’s investments. It has also been suggested that one not panic and do anything precipitously. I currently hold WCP and TVE, not surprisingly at a considerable loss; many commentators point to CNQ as top grade. What is your view of selling the 2 and replacing with CNQ - switch or hang tough? Many thanks.

Q: These seem to be your favourites in the O&G sector. Which would you buy at this point?

If they not your top two, please add your recommended company or ETF.

Thanks!

Q: For the past few years I've kept positions in CNQ, TVE and IPCO but I've recently been slowly reducing my positions in TVE and IPCO (and using the proceeds to add to CNQ). Last week I sold my remaining shares of IPCO, so I only have CNQ and TVE left for E&P exposure (although I have a few other positions in services companies such as PSI and PSD).

I'm debating selling the rest of my TVE shares to consolidate my E&P exposure into CNQ. What are your thoughts?