Investment Q&A

Q: Hello,
Can you please give us your thoughts about oil price at the moment (supply / demand, political aspect, 12 - 24 months outlook). Thank you.

Q: Hi!

I have a portfolio that has a few names I have held for some time that could be described as laggards and I'm not sure which of the group I should get rid of and deploy proceeds into something else. From the following list which stocks should I sell and move on from: CVE,TOU,SGY,AVO,G,ECA,QST,ALV ???

Q: Hello 5i, between these energy companies, TRP, ENB, PPL.un , and IPL.un, KEY, which of the following companies would you recommend buying now for a long term hold?
Please advise from best to least liked, or please advise if you would have a different recommendation of the energy sector companies? Thank You.

Q: A recent article by Larry Bermann in the Globe suggested that infrastructure spending to " repair potholes and bridges" would produce limited economic benefit because of the short term nature
of this spending.Money would be better spent on educating people
to adapt to the future realities of employment.In the interim
he has suggested allocating funds to ZWU as a an income source.
Another columnist suggests avoiding ZWU and sticking with ZUT
because of better long term growth.
What is your opinion of impending infrastructure spending and should ZWU be considered over ZUT? Thanks, Joe

Q: Many analysts are predicting a turnaround in the oil services industry. The stocks seem to be anticipating this. You have recommended CEU. Has it moved to high for an investment at this time? Also, what do you think of ESI? It has an attractive dividend.

Q: I took a small position in this company almost 2 yrs ago and watched it drop like a stone. I hung in and since July it has taken off. Today they released a very flowery report stating significant cost cutting and time saving in drilling, new fracing technology etc. It all seems too good to be true. I am worried that this is a typical pump and dump. So far they have drilled several positive wells that are shut-in awaiting pipeline tie-in infrastructure. I read your comments to another question from another person in oct. and you were un-impressed.
Is there somithing here or should I run
Cheers bruce. GMT capital is a big investor

Q: Spartan Energy (spe) increased their production about 50% from 13,000 boe to 20,000. They increased their share count to 500 million after selling 170 million @$3. However, they onlyused $200M of cash and borrowing to pay for the $700M purchase. Does it seem logical that this company has grown from a $3 stock to as $4.50 stock overnight and, if so, how long do you predict it may take to get there?
Thank you.

Q: Freehold and Pembina are my 2 largest energy sector holdings and energy is 23% of my portfolio. FRU at 6.7% and PPL at 7.9%. Surge and Whitecap are the 2 smallest holdings. SGY at 1.8% and WCP at 1.0%. Need to reduce my energy sector. Should I reduce my holdings in FRU and PPL and keep SGY and WCP or should I just sell SGY and WCP and reduce either FRU or PPL.
Appreciate your assisstance.

Wayne

Q: What do you make of the Spartan deal?

Q: Will this 30% reduction in the oil price from the government take this company to zero?

Q: Good afternoon, Peter & Co.
Considering your recent comments and analysis would you recommend that I sell my SIA and buy EXE? Also, I have had a decent run with CNE and it may now be overvalued. I am slightly underweight in the energy sector. Would you recommend selling CNE and moving to different energy company? I own High Arctic and Brookfield Renewable as well as small positions in Tourmaline and Crius. Dividends are not very important to me. I am underweight in the energy sector.
With appreciation.
Ed

Q: Could you please give me your opinion on Tourmaline's last financials and your thoughts on Nat Gas stocks going forward.

Q: I have to reduce energy component and am thinking of selling Veresen (VSN) and Crescent Point (CPG) Do you see any compelling reason not to sell either of these 2 stocks.

Wayne

Q: Plse deduct the number of questions that you feel is fair. We have been long suffering shareholders of the listed companys in our RRSPs which would you suggest to continue to hold and which ones would you suggest selling? Thks

Q: Hello Peter et al.

What is your opinion of the latest 3rd Q results released today? Looks like they did some additional hedging out to the end of 2017. Stella is now predicted to start by the end of this month. It had a nice run-up today in Canada but not much movement in the SP in the U.K. Hopefully it continues to go higher.

Regards,

Brendan

Q: In oil and gas I currently own ENB and WCP which gives me half of what I need in the sector. I was thinking of purchasing PKI and BIR to finish my position. Do you think these are good picks?

Q: I am an 87 yr old retiree living on dividend income. I have a reasonable holding of CPG in both my regular investment account and also in my TFSA, both of which are currently in substantial loss positions. Obviously, a recovery is in large part dependent on the price of oil. At my age it doesn't look likely that I will recover my losses. I'm thinking of selling the shares in my investment account & using the loss to shelter some gains. If there is an excess, I may sell some of a profitable holding and then buy those back after the 30 day period [a strategy I have used before]. I'm also wondering if I should bite the bullet and switch my holding in the TFSA to something else. Should I sell now or is there a reasonable chance of a substantial increase in value in, say, the next year.
Thanks.

Q: what is the closest proxy to CPG that you can think of? I want to sell for a superficial loss, however, I don't want to be out of the market for 30 days.

Q: Can you please comment on PXT results. Thank you.

Q: Please rank these three energy stocks in order of preference. Thanks, Barrie