Investment Q&A

Q: Could you please give your opinion on Petrus.
Thank you.

Q: I unfortunately own GXE and learned from this site that around 2/3 of the company will be disposed of in early 2025. The paper napkin math indicates that the current market price should be around 90 cents per share (offer of 61 cents for 2/3 of the company plus around 30 cents for the 1/3 that will be transferred to Newco).
How is the current price only 54 cents and dropping? Even the cash offer of 61 cents is notably higher while Newco is valued at zero. What am I missing?

Q: Good Morning,

I have several energy infrastructure holdings but no actual producers.
Do you think now (read Trump) would be a good time to purchase on the production side?
I was thinking SU or CNQ.
Are there others you would favour - energy or otherwise.
I am an income investor.

Thanks very much.

Q: Baytex dropped in excess of 7% today. While I expect there's more than one question on it, it'd be great to get your take on this. They announced their capital budget yesterday and it appears to be a story of moderate growth pushing out their debt target date to 2028. I am a bit surprised by the magnitude of the decline if this is the root cause and wondering if there is more to the story.

Please provide your read on the decline and whether this presents a buying opportunity, or should one move on from the company to better opportunities?

Thanks as always.

Dave

Q: big drop today, reaction to budget for 2025, oil prices or combination?

Just like to get your thoughts

Q: Would appreciate your analysis of TAL, it has dropped alongside most of the energy stocks and I'm curious of your thoughts going forward on the dividend and possible appreciation. Buy, sell or hold?

Thanks
Gary

Q: Looking at SOBO to replace BCE which am selling ( for tax loss ). Suppose Trump restarts the Keystone XL permit process. Would SOBO be interested and what would be the effect on the stock do you think.? Thanks. Derek.

Q: Disappointed with the last results and what seems to be the need to be willing to accept lower growth going forward. I had hoped that the company would break out this year.
Wondering what your opinion is moving forward and especially your thoughts on the stability of the dividend. At what oil price would negative issues start to arise here?

Many thanks.

Q: I understand that TUK is a smaller company, but I’m curious about its growth potential over the next 3-5 years. I’ve noticed that they recently raised capital and reported positive drilling results. Could you share any insights on the company’s inside ownership? Specifically, is the ownership level balanced?

I’m considering taking a small position in my TFSA and would appreciate your thoughts.

Q: Can I please have an updated view of ESP. Last question was in the spring. Is the 18% sustainable for the near future?

Q: Any reasons for the recent PPL SP big drops? Thanks.

Q: Why big price drop today?

Q: with the earnings release this month how do you view this stock?

Q: Which do you feel will provide the biggest long term gains including dividend and capital gains?

Q: These are a list of oil stock I have, and I've heard on BNN, That the oil stocks could go to $40.00 - $60.00. I would appreciate what your thought are on oil in general.

Thank You
Earl

Q: DEAR 5-I:
Thanks for the information on Parex, however, there was a second part to the question. If I dispose of Parex because it is doubtful if the political situation will improve in the near term- what could you suggest for a replacement, CNQ-? already own a full position in Suncor, ARC, Baytex, Tourmaline, and TVE. How about Peyto?

Thanks, Ben

Q: I think you are going to get a few questions about the offer to buy out Gear Energy (GXE) for the heavy oil assets and leave the remaining assets in the new company called Newco (stupid name IMO). Does the deal seem fair to you? I realize you are not oil experts (since you can't be experts on everything) but I can't figure out if the assets in the Newco are any good. If the Newco assets and good and there will be a $110 million to work with maybe the deal is not that bad. Also, my understanding is the GXE has a lot of accrued losses so who would get the use of those losses? I assume the purchasing company who is getting the gear name would get those losses? If that company is paying taxes then those losses could be very valuable. So valuable that the the purchase price of $110 million is larger paid for from saving on income taxes, right? On the other side I understand that GXE has a lot of asset retirement obligations. Who will be liable for those obligations, Newco or the purchaser? I think these are valid questions that us light share holders should be asking!

Q: Can you help me understand todays GEAR- transaction, and as a sharehold, what we get out of the deal. Is there a chance of a better offer coming, or is our choice that 66% vote for the deal, or we stay as the previous company GEAR

Q: Dear 5i:
I sent in a number of questions yesterday. Thanks very much for the replies, however, you answered the question twice for parkland but no answer for PAREX.
Thanks, BEN.

Q: Will my portfolio be better balanced with White Cap Resource (WCP)wcp) than Cardinal Energy(CJ) as coverage of the energy sector.