Investment Q&A

Q: Hello Peter,
The utilities sector is moving up (assuming due to lower rates), but BEP.UN does not seem to get back to its old high; it seems to be range bound. Any idea why this is the case?

Q: Hi, Oil prices have been weak and the Energy sector, lately has not been trading well. E&P Companies have been under more pressure, compared to Integrated ones. We own both SU and CNQ (combined weight 8%) and have been quite happy with their operational/financial performance and generous plans for return of capital to shareholders. However, it's not clear, how Oil prices, Demand/Supply dynamics and geo-political factors are likely to play out over near and long term, impacting their profitability/growth and share prices. Could you please share your views.

1. If outlook for Energy is likely to remain uncertain, in near term and we want to limit risk of further drawdown by cutting exposure to the sector ( and raise some cash ), which of the two would you reduce first and why ?

2. Should seasonal factors (winter) or US Elections influence the timing of such action ?

Thank You

Q: For a long-term hold can you list the top 5 utilities in Canada, that you would recommend. TY

Q: Hi,

If you were to add to one's existing positions, which order would you add for medium (3 yrs) and long (3-5 yrs) term. All of them have suffered from recent pull back.

Strangely my holdings in USD seem to have suffered more than than the same holdings in CAD. For example VRN/CVE. Is this due to arbitrage trades as you suggested in one of your previous answers to another subscriber? Or due to the vagaries in currency fluctuations?

Lastly, your top picks in O&G today?

Q: I am underweight in Materials sector and if I want to add some Uranium exposure. Do you think it has good upside for the near term after the recent pullback? Do you think an ETF like URA is better rather than individual companies like CCO and NXE

Q: Would you consider ZWU to be a reasonable replacement for the following equities in a RIF ?
BEP.un, BIPC, BIR, ENB, FTS, TOU
Please give Risk assessment 1 (low) out of 10 (high). Other suggestions/comments appreciated ?

Q: Hello, let’s imagine for a moment that the Keystone Pipeline System gets the green light to transport crude oil from Canada to various destinations in the United States. In such a scenario, which Canadian companies will benefit the most? Thank you very much

Q: I have held WCP for several years, but it seems to do little but move horizontally. I'm thinking I should sell and buy ATH instead. If you think this idea has merit, is this a good entry level?

Q: Do you know what is going on with this stock? It can't seem to hold? Thx James

Q: Hi Guys
Quite surprised Baytex has dropped $1 off share price in the last month off what seemed to be an already discounted share price.. Any insights into why it is off so much versus other Oil and Gas companies? Also Baytex always is in the top ten traded stocks on the TSX each day. Any idea what that is? does it attract more speculators?

Thanks

Stuart

Q: With the oil and gas stocks getting hit in recent days, I am considering taking a position in one dividend paying company once things appear to have settled a bit (as if I know). I have been looking at TPZ as a NG position or WCP for oil. Of these two, do you have a preference, based on company fundamentals combined with the commodity potential (ie NG or oil)?
Thank-you

Q: Is tpz attractive at the current price for a long term dividend paying stock?

Q: I was watching BNN today (sept 9th) and on market call the guest had this as one of their picks. The guest mentioned that ESI is paying off 600M in debt using free cashflow which they are apparently halfway through doing with a target date of to complete this end of next year. The guest was making the case that after this debt is paid that free cashflow the div could be increased and the company could do a 22% repurchase of the stock outstanding. What is the management of this firm like do they have a track record of success? What do you think of the thesis put forward by this guest. Is this company worth a flyer?

Thanks

Q: The Morningstar report on NXF is really a downer citing weakness in management for lack of experience and the process of leaning toward larger and undervalued companies as well as overweighting in yield paying companies and those paying dividends and buying back shares. Hey, isn't that a GOOD thing? If I wanted caution I would be buying bonds. As I read this report the question is should I heed this comment or stay with NXF as it is? From 2020 it ranged from $6.80 in 2022 to $5.80 nowt to me it seems appropriate in my well diversified portfolio.

Q: With the decline in oil and natural gas prices would like your opinion on the future of these holdings. Down a fair bit at these prices. Is their upside if the lng expansion begins shipments?

Q: Hi 5i - VET has been dropping like a stone for a while now! I have a small position- would you add to it here or hold/sell? Any better options in the energy sector?

Thanks, Neil

Q: With lng Canada online soon, things are looking good in the years ahead for Nat gas Price in general but there is also a recession risk if we dont get a soft landing. My question is would you be confortable holding a full oil&gas positions atm or keep a decent cash position like mr. Buffet .
I'm not sure how big of an impact a recession might have on the Sector given whats ahead with current lng development and the Sector being already depressed as it is, how much further down could it go if we do get the recession

Q: Hello,
Hydro One seems to be going up quite a bit. Do you think the valuation is much higher than fortis and Emera? If so, i was thinking of selling Hydro One and moving the monies to fortis or Emera. Any comments; thanks very much

Q: Acknowledging that 5i may not agree with my opinion here, if one were to believe that Solar-Wind Battery Storage systems will eventually be cheaper than Gas / Coal / Nuclear, etc. power, would BEP.UN be the best investment choice?

With regards to the above, are there any other Canadian options - even an ETF - for holding within a non-registered account. I'd want to avoid that T1135 form !

Q: Source seems interesting as an energy play not tied to a single producer. Do you have a general recommendation and, if so, a recommended price?