Investment Q&A

Q: Hello Peter,

Even if you have consistently maintained not to buy a stock in the hope of a takeover; I am tempted to dabble in the Canadian energy sector. The three mentioned here were your suggestions as a response to a query yesterday. I am considering all of them
My question-- would you not invest in anyone of the lot with the assumption that they are not takeover target?
Regards.

Q: Peter; Would CVE be a possible takeover by US majors? Is the share structure amenable to a budd? Thanks.
Rod

Q: I bought Suncor for $25 per share during COVID and have been well rewarded. I believe that oil prices in 6-12 months will be considerably lower, but I am aware that there are no guarantees.

Oil sits at $105USD according to my broker's home screen. If we rotate to $80USD oil over 6-12 months I would expect share price attrition for Suncor. I want to capitalize on the current desirability of all oil & gas stocks. Would you advocate for slow selling into current strength? How long might the current extreme revenues buoy the share price?

Any thoughts appreciated!

Q: Hi Team,
What's your take on WCP earnings? Revenue, production looked record to me. However, it looks like net income was hit due to a non-cash charge related to the acquisition. Were analysts not expecting this charge? Also, as a general question if analysts did not expect this...why not? I know I have seen this many times and it always makes me scratch my head why accounting like this would not be communicated to analysts prior to earnings releases.

Q: Hello 5i team:

What was your viewpoint of the earnings last night? Stated earnings were on $0.02 per share. Was below estimates but was it lower due to paying down debt? Is it still a HOLD?

Thanks
Brendan

Q: NG International (GASX). Can you give me an in depth update and outlook for this company? Thank you.

Q: Kel is up 20% in the past few trading sessions and HME is up 16%. I like them both but feel they have really had hyperbolic moves lately.

If you were going to open positions in these 2 energy plays would you wait or buy at current market.

If wait, at what price?

Sheldon

Q: Now that Shell have snapped up ARX what are all the remaining Canadian companies with big gas and liquids reserves in the Montnery Formation? I am looking for large reserves, strong and growing dividends and a track record of good management. Which would you invest in?
Thanks...... Paul K

Q: I am holding ARX in an unregulated account. Should I take my profit now or wait for the details of the transaction to come out so that I can see if there is any tax benefit for the transaction?

Q: Comments on cpx latest quarter. thanks

Q: While I am sure Mr. Nuttall will have some interesting insight into today’s news that the UAE is withdrawing from OPEC, I would appreciate your thoughts. First, is this something short term, and the UAE rejoins after the Iran crisis, or can we now expect an upheaval in OPEC and its membership? Articles suggest this will result in a lowering of oil prices in the medium term if the UAE remains out….your thoughts?

Thanks as always,

Dave

Q: with the takeover of Arc by shell, I am wondering if other Montney operations become targets. How would you rate these three or are there others you could mention?

Q: How transformative is Akita's integration of Paramount Ressources and the end of the dual share classes? Would you be a buyer here? I hold near 4% in my portfolio, should I trim or hold?

Q: Your thoughts please on the Enbridge news with the new pipeline?

Thx

Q: Hello Peter
one of the speakers on BNN made Key his past pick and has done well
he seems to prefer Key.ca over some of the Cdn pipelines like ENB TRP and PPL
Keyera has out performed the above pipelines in the last year or so
should I start a partial position in Keyera or add to my pipelines with any pullback, thank you
Michael

Q: Hello 5iTeam,
I sold the only energy stock (ARX) that I had in my
portfolio after it was announced that it has been acquired by Shell. Would you please recommend a Cdn stock (or stocks) to replace ARX.
Cheers,
H

Q: Sorry for the " subquestions" but all are related to the same stock + the same % of energy investments..What is the best option in my RRSP ? 1) sell now 2) wait for the Shell acquisition and then : a) keep the cash + Shell stocks or b) Sell Shell stocks in order to buy an equivalent US large oil Cie for nontaxable dividends ( XOM ? etc..).

Q: I have read your answers to the many questions on arx. Can you expand on your thesis that no one would want to get into a bidding war with Shell for arc resources? Why would CNQ or CVE not throw in a higher bid for ARC if they thought there was value in getting arc for let's say, less than $40 Can per share. Certainly CNQ has the financial abiltiy to do a large acquistion!? Is it because Shell is part owner of the LNG Canada export facility? This take overall will be good for me but I do think that ARC shares are worth more the $32 and change, since condensates are sky high which is good for ARC and nat gas is not that bad. Why is management wanting to turn over the reigns to Shell? Are they old and tired? Or is this Kakwa issue bigger than we think and they need Shell's expertise to dig them out of hole?

Q: Based on Shell's offer, is $31 "the right price" if one were to sell ARX ? It seems to be trading in a range of $30.90 - $31.99 at time of writing. Is it actually possible to narrow down that range to what shares should be worth at this point ?

Q: Hello Team 5i & Everyone,

What I’m wondering about is, in your assessment when does the oil shortage theoretically hit the fan?

(I've heard the market described as being very resilient or very complacent, depending on the commentator. The stock market people are saying that the market's going up. Then on the other side there are the commodity and geopolitical experts saying that this isn't going to end well.)

Thank you!

Sandra

PS. Please feel free to info dump as much as you want.