Investment Q&A

Q: besides tourmaline, arc and birchcliff what other canadian natural gas companies are appealing-preferably smaller ones. dave

Q: I just read the Bloomberg announcement that the Biden Administration is considering a large release of oil (“up to 180 million barrels”) from the Strategic Reserve to combat inflation and to lower gasoline prices. This would be in addition to the 80 million barrels already released in the last 6 months. The suggested rate of release is 1 million barrels a day. The price of WTI dropped 5.5% on this announcement. It was stated that if this strategy is approved, the IEA would attempt to have other countries join this action to provide a coordinated release from several sources.
I don’t know whether this announcement is just an attempt to jaw-bone the oil price down or if it is serious. It certainly impacted the price of oil. If the full plan were implemented, what would you predict the impact to be on Canadian energy stocks in the short term (3months) and by year end.
Please ignore the following question if you are uncomfortable with it. “What action would you take if you held a slightly underweight position in the energy? Buy more? Sell some? Do nothing?”
With appreciation for your great service to us small retail investors
Ed

Q: After Vermillions purchase what other canadian companies are likely takeover targets?

Q: Hello, I am up 50% on this stock. Is there good mid to long term potential with this stock at this current price? I am also trying to reduce my portfolio volatility. For example, AW.UN is low volatility to me, whereas EGLX is high volatility. I would be happy to hold SCL if you think this stock has mid to long term potential and with volatility that leans towards AW.UN than EGLX. Thank you.

Q: Thoughts on the acquisition?

Q: If you have to choose one of those three names to represent an entry into the O&G sector, which one would be your pick? Thanks.

Q: i was told tve is going to be in a taxable position end of year and that will mean they will have to pay taxes and as such cash flow will be reduced by approx 15% or what ever the tax rate will be. can you confirm this?

Q: What is your view of the international/Kurdistan oil company Forza Petroleum Ltd? Do you see FORZ as a good growth stock in the current high oil price environment?

Thanks

Q: Good morning,

I added these at the very low point of energy. 5% equal weight of my portfolio, now it becomes 20% ish. I am looking to cutting down by half. Should I keep the pipelines ENB & PPL & VET and cut the rest or just reduce across equal weight. Your thought is very much appreciated.

Thanks again!

Q: What is your comments on likes of BLX-T NPI-T not doing anything...With there wind exposure in Europe...

Q: I own TOU shares and I am looking to add two more Canadian stocks that are predominantly natural gas producers. Suggestions please with your reasons.

Thanks, Tim.

Q: I've been self managing my portfolio for 18 months. I'm already retired but still maintain a buy and hold strategy. However I've seen nice profits disappear on some of my holdings and I'm wondering if and when it's wise to take profits. For example, my CVE stock has increased 118% and now represents 5.25% of a portfolio that has about 15% in energy. Is this a good time to sell all or a portion of CVE and invest the dough in another company or continue to hold for the next couple of years and reap the dividends?

Q: Your opinion on Cheniere (LNG) as compared to Tourmaline (TOU) would be appreciated.
My thinking it might be a little less challenged with the ongoing problems of getting Canadian gas to the international market.

Thanks

Q: Years ago I bought CJ at $4.20 and recently sold it when it reached that price again. Obviously, a mistake as it is now $7.72. I own WCP and VET which are now back to my original purchase price.
What do I do ? The oil and gas sector is cyclical and I wish to exit this sector as am retired and rely on a safer higher dividend portfolio but do not want to repeat selling these too early. Do I follow analysis target price and /or other metrics, or do I just bail out , happy to get my money back? Thanks .
Derek

Q: Could you please give an updated opinion on Tidewater Renewables?

Thanks,
Doug

Q: May I please I get your updated thoughts on DME? Helium seems to be in a tough spot on the supply side with explosions at the Amur Russian facility (pre-invasion) taking it offline for the rest of the year (possibly longer given the war) and the US BLM Cliffside facility likely to be offline until at least June. Seems like an opportune time to enter production. Do you think the current stock price offers a good entry for a 3-5 year+ hold?

Q: Hi Team: I currently have 21% of my portfolio in Canadian oil stocks (Cenovus 10%, Suncor 8% and Westcap Res. 1%). I’m concerned that this may be too overweighted in oils for current market and economic conditions. If it is in your opinion, what would you trim and by how much? If it matters in your consideration, 24% is in fixed income.

Q: Hi,

I assume you're still positive on ENB for the long-term? I have both ENB and AltaGas, with the latter finally coming back up to my ACB. I was thinking of selling it and consolidating the funds into ENB. Partly to reduce my holdings but also because I have more confidence in ENB.

Would you prefer diversity and keep both positions? Or is my plan ok?

Thanks,
Robert

Q: Hello 5iii
Looking for some perspective about exiting the above listed energy laggards and reallocating the funds to a consumer defensive position.

Q: I've noted lately that Canadian pipeline company's price appreciation is actually doing better than usual. I currently own PPL, ALA, and ENB, all of which are making good gains, (especillay Pembina). I find this unusual for companies that pay such high dividends.. Just wondering if my observation is correct and if so why is this happening? Also, do you think in the present environment the rate of appreciation of their stock prices will continue upwards for the short and long term?