Investment Q&A

Q: It would appear that a 5% exposure to the Oil and Energy Sector is the current recommendation. Should energy midstream and infrastructure companies be included in determining ones exposure?

Q: Why is everyone pumping like crazy except OPEC? Is it market share or, especially the US shale drillers, is everyone trying to take business from OPEC at the expense of selling their oil at a lower price. It makes sense to me to cut back a bit and let the price rise so, with a higher oil price, revenues go UP and resources do NOT go up exponentially. What am I missing?
Is it time to start accumulating Canadian oil stocks - Surge is below two dollars, Spartan is $1.85!!, Gear is sixty cents and RMP is a half a dollar. Are these stocks good to a significant bump when oil rises and would you now see it to be a good time to slightly average down on heavy losses?
If not now, when? I know the BTA - Border tax adjustment - is still an issue and you have favourites other than the above-listed. I am looking at WCP, RRX and VET, as well.
Thanks.

Q: Hi Peter and Team - Although nobody can predict the future prices of resources, with the knowledge and experience you have do you think we are in a long term bear market for oil and gas. Besides the effects of the supply side, is it possible that the investment in green energy and resulting increased production in those fields could work also on the demand side to keep the prices of oil and gas down at some point. With all this in mind, do you think it advisable for me to substantially reduce my holdings in oil and gas stocks. I am not really overweight in this area, probably in the 5 to 8% range.
Thanks.

Q: Looking to add to my oil exposure. Outlook is 5 years+ for investments. How would you rank these companies today based on valuations if oil would be at $60 down the road.

Q: I have this stock in my wife rrsp and could top to 5% weighting.You have mentioned in past not to chase stock on the way down.Would this be exception for 3 yr commitment. It would bring her cost down by $3.00 a share

Q: Any opinion on this company? Ability to hang on? Profitability when (if?) activity returns to 'normal'? Or is their too little history? I put it on my watch list a while back after seeing the CEO interviewed.

Thanks,

Q: Where do you think the bottom is for oil/WTI? Thanks for your help.

Q: what are your thoughts on this company?

Q: Between Encana & Cardinal, which would you prefer for a long term investment?

Thanks!

Q: OIL: it's seems to be in a downward spiral. What is your outlook for it, short and long term? Is it a commodity that one doesn't need much of in their portfolio?

Q: Hi.
Anecdotal?
During the past 5 months, my computer screen did not contain enough space (I had to scroll down) for all the new 52 weeks highs that came furiously
Just noticed over the past week my computer screen did not contain enough space (Ihad to scroll down) for all the new 52 weeks LOWS.
My personal A/D line.
CDJ

Q: My question is about oil. I am thinking of buying an oil company if the oil price gets back down to $40. Is this a good idea and do you have a suggestion for a good company to buy?

Sheldon

Q: Apparently the market was not impressed with investor day?

Q: Are you able to reasonably estimate when a company will produce positive (EPS) earnings per share (i.e 1-3 year out)? If so, when will GEI (Gibson's Energy) have positive earnings? Are there any services /sources out there that does this type of projection?

On a different matter, are my question credits carried over should I not use all my question credits by my renewal date?

Q: Presently has 6.25% of portfolio in Energy consisting of 2.5%,2.5% & 1.25%.of ALA.R,KEL(down 38%) & HWO(down 28%)respectively.Is this a good entry point for ENB? If so,my exposure to the energy sector maybe too high,so thinking of selling HWO.Please advise.Appreciate u usual great services & views

Q: In my search for investing ideas, I was reading the equity holdings of the CPPIB with the belief that a bunch of really smart people are investing the CPP funds. Was very surprised to see that the largest Canadian equity holding, by market cap, as at 03/31/2017, was Seven Generations.

Seems like the CPP managers are making a huge bet on Canadian energy; is that a smart thing?

Q: I hold several hundred shares of ARX in my non-registered account and am wondering about trading them out for BIR? My only real reason for considering this swap is to realize the tax-loss on the ARX shares since I am down roughly 45% since purchase. I understand them both to be gas oriented producers. Do you consider one company to be superior to the other in terms of management, leverage to a rebound, dividend sustainability, and long term prospects? Is this a switch that you would recommend at this time?

Q: What are your long term thoughts of birchcliff energy? Is the dividend safe?

Q: Could you pls. provide your current thinking about the Canadian pipeline and related services sector?
Which companies would be in your top 3 and how would you rate today's buying opportunity? My historical context is that PE's are lofty and yields were low but are improving as sector stock values decline. At what point would your top choices be a compelling buy as a long term hold for the income oriented investor?
Thanks, Hugh

Q: I'm considering buying Surge Energy on the recent weakness. What are your thought? I like the dividend. But, what are the prospects for recovery on stronger oil prices? Is there a company you think presents a better opportunity at today's prices?