Are energy shares a good long-term investment any more or should they simply be looked at as a trade? Given the lack of pipelines in Canada and the fact that the World is shifting away from oil and gas at higher prices, do energy stocks really have a long term potential? Or should we buy them on weakness and sell them into strength. Hard to grow the business and revenues, apart from acquisitions, when revenues are dependent on a commodity that is at the whim of certain government action or inaction.
Q: Have Key or Ppl ever reduced their dividends?
What do you think the odds are from 1 to 10 of OPEC agreeing to reduce supply by their next meeting this June ?
Q: Oil...with Trumps announcement 15 minutes ago (today.. april 2) Do you see any 1)trades or 2)longer term buys?
Thank you to you all. Your balanced answers help me tremendously during this turbulent time.
Q: Just an observation. So the US wants both Russia and the Saudis to cut production to save their companies from bankruptcy while they, the world’s largest producer does not cut. Hmmm
Q: Can you comment on QST's quarter and yearly financials. All looked strong but the collapse of oil will have a negative bearing going forward. What do you see in store for them over the next 1-2 years? Is it now fairly priced or have they been beaten down more than they should have been. Would you buy (a little), hold or sell and why?
Q: Hello 5i Could you explain the recently proposed reverse share consolidation as to the 1 for 5 and 1 for 40? I currently own shares in this company which group would I be in? Also will this company survive? Thanks
Q: Can I get your opinion on Royal Dutch Shell? With the share price decline their dividend yield is quite high, so like many oil stocks now the question is sustainability. Is this another dividend trap? (got burned on Vermillion!). Thanks for your views.
Q: Could you explain”take or pay” contracts in regards to pipeline companies if the producer of the oil goes bankrupt who would own the oil in the pipe just a general explanation how that works whoit could or hurt.
Also mould you give your opinion on which U S company you would prefer either Plains American or Enterprise Energy Partners ...thanks
I'm up over 30% of CNQ in about a week or 10 days and I also own Suncor. I believe that the recent run up in the stock market and the energy companies over the last 2 days is not sustainable. I fear that the coronavirus impacts aren't fully appreciated and this will likely have a more profound impact on travel and demand for oil. I obviously have no idea if we hit the bottom or not, but given the the sharp bounce when is it ok to take your money and run, especially on Companies whose revenues are based on a commodity. I own several other stocks that I bough during the drop, including BCE, RY, TD, ENB, etc. so I will still have exposure to the upside, but in less risky names.
Q: Some industries/companies should benefit from the low oil prices. Aside from airlines what would you suggest we investigate? I am mindful that oil is so cheap, in part, because the economy is in the tank but, it is possible oil will still be cheap when the economy recovers.
Q: Given the oil price shock, there are a number of Companies that have seen their share price nosedive to below $1. Some of these of more directly impacted (oil producers), some less impacted (gas producers) and others even less (pipelines). Can you recommend some stocks that are below $1 that have decent balance sheets and good leverage when normalcy returns. Birchcliff comes to mind. Do you like it? Are there others you prefer? This is for a TFSA and a small speculative position.