Investment Q&A

Q: Hello Team,
Which of these two companies would you expect the best return, capital appreciation plus dividends over the next 2 to 3 years, and why?
Thanks,
Barrt

Q: Good morning,
Gladly Bir is high today, any reason ?
Thank you

Q: From a look at the CNQ price history graph, roughly between 2006 to covid, CNQ cycled between $15 to $25. For some 3 years post covid, it climbed from $15 to as high as $55. It is now about $42 which is still quite a lot above the 2006-2020 trend. I would be grateful if you can comment on what was holding back CNQ in the first period and what drove it during the second period, such as change in earnings, P/E, etc. I would like to understand if it is currently overpriced and if it dropped back to the $20-$30 range would the dividend be much at risk.

Q: On MarketCall, regarding oil sands companies, Eric Nuttall top picked MEG and Athabasca, while having some negative comments about Cenovus, particularly the negative EBITDA they are generating from their refining business. Would you sell a position in CVE and buy ATH or MEG instead?

Q: What do you think of peytos latest earnings.

Q: If the northern states can get electricity from other US resources, how might that affect the stock price of Hydro One going forward?

Q: Hi team ,
What’s your take on the oil sector in Canada currently? Currently oil prices, sentiment is low for various known reasons. However , in this cycle would you consider the sector near bottom yet? And any potential catalysts on the horizon? With potential of new government possibly coming in by year end (conservatives ) , and a hopefully new wake up call for all of Canadian politicians and policy makers hopefully leaning towards a more self sustainable country and development of our resources and pipelines; would you consider this a opportune time to buy a quality oil stock? In specific I was looking at Wcp after its recent added drop after its acquisition. I am looking at a 8.7% dividend with possible upside potential if sentiment recovers . Would you buy this name today considering I have almost 0 sector exposure currently ? If not; a better name from today’s levels suggested?

Thanks ,
Shane

Q: I am hoping you will be able to direct me to a website where I can find the current pricing of Cdn Natural gas and Oil...I can locate US prices but not CDN...hopefully it will be a free website...many thanks...Cheers

Q: It seems the mid-stream oil and gas companies are holding up fairly well in this world of uncertainty. I would like to take positions in all, or some of these companies.

Are there any of these that you would not invest in at this time? If so, why not?

It would also be helpful if you would rank order them for me in terms of reliability of dividends and value at this time.

If you think there are other mid-streamers you like please feel free to include them.

Q: Is there any reason that would drive TOU to increase the regular dividend but lower the special dividend? Over all, the impact is the same but there must be a driving reason behind this decision?

At what price do you think TOU gets attractive to add to a position?

Q: What do you think about the most recent results for esi and the prospects for this company going forward? What is the stock falling?

Q: Do you know what the tax consequences will be for Veren shareholders? I see no mention so I am assuming that this will be a taxable event. I'm hoping that as a merger it will not result in capital gains taxes but just an adjustment to the ACB.

Q: Holder of vrn. your recommendation of selling now or accept the offer.
Thanks

Q: With the upcoming merger, what happens to WCP shares I already hold? Related, is WCP a sell or hold?

Q: Your analysis of aqn’s results beyond just the numbers would be appreciated. Is the transition to a pure play working to stabilize operations and balance sheet?

Q: I understand that WCP and VRN have announced a merger in an all stock deal to take place in May 2025.

For those of us that own both stocks, is this considered very good news and what are your expectations in terms of potential short and medium term returns?

Thank you and I'll wait your response.

Francesco

Q: I have many "in the money" June/July/Sept.2025 calls on Veren. Please provide any information on what will happen to them now that there is a merger with Whitecap. Thank you Gordo.

Q: Greetings,

I am wondering if Gibsons is worth a punt at less than $20 ish to be treated as a trading stock whilst being paid to wait for an uplift?


1. Highly leveraged - Could this be a big problem going forward? Are the dividends safe?
2. From what I can tell, 5 separate Insiders bought meaningful amounts of stock on Feb 20th - They must know something?
3. Sudden steep decline - Maybe an over reaction?
4. Trading range - Since 2019 the stock seems to be trading in the range $20 - $26 - Can we hope on a reversion to the mean?
5. Are it's problems self inflicted or general market sentiment ?

Many thanks!

Q: Hi 5i,
As a previous Enerplus shareholder I still unfortunately hold Chord Energy with some disappointing losses. Can you please give your thoughts on this company and would you still consider it a hold?
Marco

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?