Investment Q&A

Q: Please provide your thoughts on CNQ.
I’m thinking on adding this to my income portfolio.
Do you think it’s a buy at this price?
I’m holding off to see what trump does over the weekend.🙈

Q: Hi,

These are my energy holdings with TOU 2.7%, TVE 0.61% and WCP 0.48%. They've pretty much been flat for the last three years. Other than the dividends and special div's that TOU pay, what is the thesis for holding or adding to energy currently? I know valuations are low, but what will be the catalyst to get them moving again other than higher energy prices? I have TVK as well at a 3.9% holding and have included that in my energy allocation as well and its been a big winner. Looking at opportunity costs here from holding these energy names vs other names.

Thanks!

Q: I added some units of BEP Brookefield renewable Power when it went sub $30. The dividend yield at sub $30 is about 6.5 per cent and the price is getting close to 52 week lows. I know that on Monday a lot of the utilities, especially Vistra in the US, dropped a lot on speculation that the new Chinese AI model might indicate that power demand for AI may not be as robust as some think. But BEP has been drifting down for a while. Is there something wrong with BEP that I don't see? Should I continue to hold BEP or even add some more at these depressed prices?

Q: Is fru a buy for a long term hold at these prices? Your view on the price of natural gas this year and holding arx for this move? cheers

Q: Hello Team,

A lot of power producing companies, including CPX, had a great run since the advent of AI and the need to power data centers sprouting everywhere. With the news about Deep Seek a lot of them took a shaving yesterday. Do you think CPX can recover? Thank you as always for your valuable insight.

Adel

Q: Re Nuclear Growth I thought Uranium would be the play but I see the Builders of Plants are moving better then Uraniums ie SMR NNE SNC CCO owns 49 % of Westinghouse with Brookfield What are your thoughts Buy more NXE CCO or SMR NNE

Or others that you think would be a better play on NUCLEAR RAK

Q: Secure Waste Infrastructure (TSX:SES).

Is this another QST?

Is it worth buying?

Thank you.

Q: Why the rather large decline of CPX today? Is it a good opportunity to buy?

Q: Good morning,

I recently became aware that SOBO's dividends can be paid in US$.

Q1. Do you consider it a good idea to journal SOBO.CA holdings in a CDN$ Non Registered account to a US$ Non Registered account so that US$ can be generated in a similar manner as journaling BN shares from my CND$ Non Registered account to my US$ Non Registered account for the purpose of generating US$.

Q2. Do you see any negative aspect or tax implication with this strategy?

Thank you for your thoughts on this and I'll await your response.

Francesco

Q: I am considerably overweight in energy. Was looking to ride it out for seasonal strength until April before cutting back, but the whole tariff question has got me nervous so will trim soon. I have close to an equal weight in both these stocks. CNQ is pretty solid but I think VRN has more upside over the short term. Between CNQ and VRN, which would you pare down the most? Cheers.

Q: Sorry to keep asking questions about GXE but there are share holders who have not received their proxy vote letter/email and the vote has to be in by Jan. 28, 2025. Is it unheard of for a company to extend (delay) a proxy vote, especially since this is a transformational vote for GXE? If it is not a crazy/unprecedented request to have a proxy vote delayed how would share holders let management know that they think share holders need more time to vote? I suppose calling GXE investor relations is a start but are there other measures that can be taken? I have been able to vote without a hitch but a friend of mine who is a GXE shareholder has not received anything via mail or email and it is already the 26 of January!!! If the vote is in favor, then GXE will be ripped apart with part of the company being sold to CVE and the remaining rump of assets being renamed Lotus Creek. Would you be in favor of holding shares in Lotus Creek since it will have only 1700 BOE of production when it starts trading.

Q: Please provide your opinion on NPI, and if positive what is a good entry point? Will Trump derail any of their projects?

Q: With the uncertainty of Trump how do you feel about the oil/gas companies. Specifically CVE, ATH, MEG, BTE. Is it time to buy sell or hold.

Q: As a sector goes, I am so confused by the Canadian "utilities" over the last 5 years.
Why is it so heterogenous in performance, FTS, CU, EMA, ENB,H, TRP ? Why did ENB AND TRP seem to rebound in 2024?

Q: Hi Peter and team,

Let me set my question up with some one liners!

1. "Drill baby drill"
2. Services provided to the Americans are exempt from tariffs.
3. Canadians are not just good but excellent in Oil and Gas exploration.

So what are the Canadian companies that can "Drill baby Drill" in the States and benefit from Trumpian mantra!
Precision Drilling? Any other company?
Who are the American or the international competitors?

Q: Hello, I have held Northland for 20 years, gradually building a full position, but it is now coming back to my average cost. I understand renewables are not trendy these days, so should I 1) hold on to it, 2) add to it (no longer a full position now) or 3) let it go. FYI, I also have BEPC in renewables and EMA and FTS as utilities as well. It is part of a dividend portfolio and the div is good…Thanks!

Q: Hello. I have a small position in AQN that gets smaller all the time. It’s down 63% and it represents 0.5% of the portfolio. Do I sell and quit looking at it or should I buy more? Thanks

Q: Thoughts on OGD, would it be a good holding at current levels?

Q: Trump has said he will suspend leases for wind projects, onshore and offshore. A couple of questions in re BEPC

1. how much of BEP's projects (including those in development ) are wind

2. Of their wind projects, what proportion is in the US?

3. Given the huge ("unstoppable") demand for electrification, plus the fact Trump is not the customer buying it, does it really matter what Trump says about wind?

In short, how much damage can Trump do to my BEP stock?

Q: Good morning

I noticed today that BEPC is trading at round $36.00 and back in December it was at around $44.00 Is BEPC a good entry point today for a long term hold? Any reason for the drop?

Jimmy