Investment Q&A

Q: Today shareholders approved the TRP spin off of South Bow. Will this ultimately unlock additional value for TRP shareholders and if not, would it be better to sell before the spin off? If its a sell, would CNQ be a good replacement in the same space? Can you suggest any other companies in the same space with a stable and growing dividend? (I already own ENB and Pembina).

Q: Hello,
Back in 2015 I started a long-term position in SU, thinking at the time that it was a better choice than CNQ as it was more of an integrated producer.
Didn't really work out that way, but I have done OK and collected a decent yield along the way.
Now that you have added CNQ to your Income portfolio, do you see any value in selling a third to a half of my SU position, buying some CNQ and then continuing to hold both for income long-term?

Q: Now that the spin off has been approved, which of the two entities do you prefer for an investment? Or do each have their strengths and you like both but for different objectives (if yes, what type of portfolio does each belong in?).
Is one likely to carry the debt burden more than the other?
Thank you as always!

Q: Long time holder of TRP. Now that the spinoff is approved, do you suggest we simply wait for the process to unfold, resulting in owning both TC Energy and SouthBow?

My understanding is TRP is the gas-nuclear entity and is considered to be the more conservative, while SB is the oil pipelines and considered to more aggressive of the two.

Any idea of the post split dividends for each company? I understand the cumulative dividend is supposed to be the same as pre-split.

Also, I own TRP in both an RRSP account and a Cash account. Keep all 4 post-split equities or does the account type lead you to suggest a different strategy for RRSP vs Cash?

Thanks...Steve

Q: Hello, I’m confused about what happened with Enerplus. I own 801 shares. Now that it is part of CHRD, how many shares do I hold and how do I list it in my 5I portfolio?

Q: Has the date been announced when the South Bow Corp will be spun out of TC Energy? Just wondering if it will be before or after the next dividend record date at the end of June. Thank you

Q: Your thoughts on Southern Energy quarterly results and also what you think of there management? For higher risk is this a good N. Gas, LNG play in the US or do you have better ideas?
Thanks

Q: What differences do you see between ENB & TRP for total return over the next 5 yrs?

Thank you.

Mike

Q: Hello team,
Following OPEC'S meeting this week-end seems like there is much confusion and a panic reaction as to the extension of cuts into 2025 but also the fazing out of some cuts in October. I am looking at averaging down on Tamarack and looking more at there disciplined approach to paying down debt and repurchasing shares.Is this a good opportunity to purchase and looking at holding for the next year or so?
many thanks, regards,
Jean

Q: What do you think about freehold for income and some upside in a TFSA ?

Q: How would you rank these equities for income and growth combined? Are any two significantly better than the other two?

Q: hi
I want to add to the partial position
the stock cnq has pulled back abit
what is a good entry price?
thanks

Michael

Q: Hi - you initiated a 1.5% position in PSI on Mar. 26 and then increased its allocation by another 1.5% on Apr. 9.

You were also asked a question about PSI in comparison to NOA and TVK on Apr. 1, to which you replied you like NOA and TVK.

"PSI is a much more cyclical business than the other two (TVK is less cyclical, and NOA is currently in an up cycle), which we would not be comfortable owning for the long term. In terms of total return, we think TVK and NOA could do well from these levels over the next three to five years given their cheap valuation."

Can you please clarify - what are you seeing in PSI that you like? Is it something you are comfortable owning for long term? Why did your comments seem unfavorable to PSI while you were acquiring shares in your income portfolio?

Thanks,

Q: How much of Chevron's revenue comes from Russia and how much would you estimate the stock price would drop, if Russia confiscated Chevron's properties, please?

Q: Hi Folks,
I am thinking of selling either ENB or TRP and buying CNQ as a replacement for some more growth. Which do you feel is the better stock to keep today, ENB or TRP. This would be in my TFSA.
Thanks

Q: Hi, With addition of CNQ to Income portfolio, Energy Sector exposure will go up to 12.5% (ENB, PSI, PKI, CNQ and CPD). Balanced Portfolio currently has 7.6% in Energy ( ENB-3.6%, SU-4%). If you had cash, would you increase Energy weight to at least 10%+, Today and if so, will CNQ be your preferred name ?

Also, based on the Companies' financial strength and market dynamics of Energy sector, would you consider a combined weight of 15% ( CNQ, SU and ENB ) reasonable or excessive for a Moderate to High Risk profile investor ?

Thank You

Q: What electric and what gas utilities stocks will benefit from rising electricity demand from IT and data centres?

Q: I'm interested in an energy name that I can hold for a minimum of 5 years with good dividends and reliable long term growth? I'm torn between an ETF with less volatility like XEG and an individual stock like CNQ with its higher growth? What do you suggest? Should I wait for a better season?

Q: hi folks, can you please comment on the update given by Surge energy sgy/t....$37M asset sale, paydown in debt, etc.....would U view as positive???, & rate as Buy/Hold/Sell.....stock has been a real laggard for me....thx as always, jb

Q: Hello Peter,

What do you think of Polaris? Also, can you please confirm its growth and fifth yield.?