Investment Q&A

Q: Hi 5i
Given the current economics what is your opinion of TOG as an energy play and risk level ? Do you have any suggestions on perhaps better opportunites in this space.
thx
Jim

Q: On Yahoo Finance, the earnings per share of su and su.to are +2.27 and -4.24 respectively. the earnings per share of cnq and cnq.to are +2.31 and -.50.
Witch is the correct one and why this discrepancy?
Peter, CONGRATS on your new job and bless you for telling your public instead of just pulling out and say nothing.. Merry Christmas to your staff.

Q: I know these are very different companies, but would you pick one over the other? Or do you think a bit of both would make sense? PKI is my only energy holding at this point.

Thanks.

Q: If you had to choose between Enbridge and TC Energy - to hold for the next 10 plus years, with the goals of preservation of capital (acknowledging market risk) and overall dividend return during that time period, which one would you choose?

Q: Could you confirm/comment, on recent insider buying?

Q: Hi you made the following ‘generation vs distribution’ comment wrt AQN to Peter on Dec 2. Could you please expand on this a bit further as I mistakenly thought AQN was primarily generation. Could you similarly comment on NPI and INE re generation vs distribution. Thanks.

“The majority of its (AQN’s) business is distribution and has less exposure to generation already.”

Q: Does Emera have exposure on the Muskrat Falls project? I see the regulator has asked Emera to "adjust" for slow / non-existent benefit from The Link between NS and NL. Emera remains up 30%-40% from my purchase but would suggest a pivot to FTS or a Brookfield company here? Or anything other non-oil utility?

Thank you.

Q: I am interested in a Canadian Utility ETF with a slant towards renewables. Can you advise your best recommendation?

Ken

Q: Which would you pick and why? how long of a term would you leave your investment? Thanks

Q: What are your thoughts on Pacific Gas & Electric now that it has exited bankruptcy after the wildfires caused by their equipment?
I see a new CEO, new board and was interested to see that it is now David Tepper's largest position at Appaloosa, Dan Loeb's largest position at Third Point and Baupost just made it a top ten position. Is this a good rebound play as California's largest utility? Thanks

Q: Hi 5iR, What would be your top 3 Canadian Natural Gas O/G junior to intermediate companies? Am looking for companies with at least 60% NG production, i.e. TOU at 82% as an example. In addition, if there is some 5iR expertise on the US side what would be your top picks there?
Thanks as always 5iR.
Cheers, Chris

Q: Hello,
I am not sure if we are allowed to ask a question on this type of fund but here goes.
I am just wondering what your opinion is of this fund?

Thanks

Q: I am considering selling KEY for a tax loss. In this context which company would you suggest as a proxy to buy in the 30 day period before KEY could be bought again, without offending the CRA in terms of superficial selling.

Q: Hi team,
I am wondering what the difference is between BEP and BEPC. Also, which of the two would you prefer as a play on renewable energy

thanks
Paula

Q: I purchased a convertible bond from Just Energy a few years back that they recently "force converted" to equity because they couldn't pay the interest on the bond anymore from what I can tell. This thing has been a disaster. Is their business viable anymore?
-Disappointed Dave in Montreal

Q: Hi guys,

I'm looking for potential opportunities in the energy space where the line between clean and fossil, as well as energy vs utilities seems to blur more and more. Also there seems to be increasing suggestion that big oil is interest to move into this space with investment and engineering capital.
Are these corporations good opportunities and if so do they look to be positioned as underpriced for growth relative to the current frothy players like npi and bep?

Q: is the new gas contract with Pomigas a + or - from previous contract or from reality of what is actually going on. What was the dispute about.
TKS

Q: Good evening to you all - Thanks to 5i, I loaded up on BPEC eighteen months ago and now have a utility bulge in my portfolio that needs trimming. I am only underweight in "energy" and herein lies my problem. Energy in Canada seems to mean non renewables like our wonderful SU, Canadian Natural Resources and TOU. Is not BEPC an energy company as well as a utility? If say half it's valuation is in production, then could that be construed as energy sector allocation for my purposes and I don't have to sell, just mentally reallocate? Or, is this just mental gymnastics on my part and I should just sell to reduce, pay my taxes ( i'm out of losses, hopefully forever), and invest the proceeds in a normal energy company to satisfy my portfolio analytics?
Many thanks

al

Q: Looking to sell cvx and move back to Canada would you see this as a good move or would the oil sector be a little safer in the US with more growth potential and less environmental negative news going forward.If you agree with selling could you give me a replacement in Canada held in a rrsp.

Q: Dear 5i Team. This company has been on fire the past few days. Do you know why? Is it time for a small position? Thanks for your impressive expertise answering the daily questions. I read them every day.
Lorraine