Investment Q&A

Q: Can you comment on the earnings of Athabasca Oil? Also, I understand its balance sheet has improved since it's recent asset sale. Can you tell me the debt burden it currently has. I am thinking of buying it for a several year hold, awaiting a return of better oil prices. Can this company, with its current balance sheet, survive several years if oil prices stayed down? Thanks for your help.

Q: Do you have an opinion about buying either of these at this time? Based on the company numbers you post here, the div yield is about the same but P/E is a bit lower on CNQ. Does the fact that SU is more vertically integrated help or hinder with future corp/stock growth? Do you see either co having a stronger financial position?
I wouldn't mind some capital appreciation but the yields are attractive and I'm thinking that the div is safe with both cos. To me, neither co likely has big upside but they both seem to trade in a somewhat narrow range and given current yields and where the prices are, is either a better buy now or would you hold off for lower prices yet?
Thanks
Ralph

Q: What are your thoughts on the latest Peyto results, It would appear the market isn't impressed?

Thanks

Q: Peter; Do you know if VET is held by the Norwegian Fund? Thanks. Rod

Q: What is your take on Norway’s decision to sell some of the oil and gas companies that they own?

Q: cpg seems to have bottomed. good time to step in?

Q: Your thought on earnings coming out tomorrow

Q: Could you please comment about the recent financial report released by Parex Resources?
Continue to hold? Add? 4% positiom now.

Thanks

Dave.

Q: Hello,
Could you please give me your thoughts on this company and whether you feel it is a buy, sell or hold?

Thanks

Q: Do you feel Advantage is a hold or a buy? Thanks!

Q: Hi team. I have a large position in Birchcliff Energy which TDWaterhouse says is an Action list Buy and thinks might reach $7.00 a share in a years time. What do you feel are the prospects for this oil and gas producer? Thanks!

Q: Hi Peter, Crew energy reported 4th qtr and full year yesterday. I own a chunk of this company @ $144. Should I be holding on or letting go?

Q: Seven Generations recently reported what I felt were pretty good results plus they appear to have great proven reserves and continually seem to be able to keep production costs below industry averages. What is your position on this stock? Buy, hold, sell?

Q: I have noticed that most days recently Encana Starts very strong then often trades suddenly down or slowly down throughout the day.
What is this telling us ?

Many Thanks

Greg

Q: Hello

Could you comment on Whitecap’s recent earnings, forward guidance, debt levels and safety of dividend.

Regards

Daniel

Q: Hello Peter et al.

Furthermore to my question I asked on this company on Jan 31st after their plans to delist from the TSXV and be only listed on the LSE AIM to save costs I have some other enquires.

I have currently been employing a strategy to consolidate all of my shares into one account - my RRSP account prior to the delisting to limit the impact of the higher brokerage fee of $250 vs. $9.99 currently. I still believe in this company and believe in the long term hold of another 2 to 3 years and I will be rewarded.

However, I have been reading that the LSE AIM is not an exchange that is allowed to be used for RRSPs or TFSAs. Because of this if I hold this stock in my RRSP I will have to pay a monthly penalty of 1% of the capital value of the stock. Are you aware of this or can provide any advice?

I assume I can hold it in a regular stock account and pay no penalty.

Any advice will be appreciated. I plan to also ask my discount brokerage about this as well.

Regards,

Brendan

Q: Any particular news on the big jump in share price for MX on a down day?

Q: Can you comment on why Enbridge is down 6% (as of now), and how the news impacts your view of the stock? Thanks.

Q: Enbridge is down 6% so far today based on the Line 3 delay. Is this delay actually significant wrt forecasting future revenues and dividend increases? Seem like quite a drop

Q: In a questioned asked on Nov 15th your replied
“We are comfortable with HWO, but it too is down on the year and the sector still looks horrible. It will likely see some tax loss selling and we would look at this in the New Year instead. “
What are your current views on the sector and would you be a buyer of HWO today?
Thanks
John