I bought ETP, Energy Transfer Partners, a couple months and am now down 15%. Virtually every day it drops a little lower. Despite this, it is hugely popular with analysts? Should i sell or hold on?
Q: Hi all - I need an energy company to add to my portfolio. I have held off buying a name in the oil/gas/pipeline sector as I've been expecting the cycle to take a number of years for the demand and supply sides to lose inertia and start moving in the opposite directions. I don't think we're there yet (US crude draw-down reports are suspiciously counter to other indicators out there), but I'm thinking the down-side risk is for companies that will survive is pretty low at least.
Which two companies would you recommend at this time?
Q: VVI has gone up by almost 30% since summer, I am thinking after the election if there is a little bit of a lull..might be a good time to take a half position on this company. What are your thoughts on this company. Thanks. Shyam
Q: I read recently that oil drilling companies and specifically PD are starting to hire workers back in significant numbers. If that is the case do you think it is a good time to buy PD? Is PD the best investment in the Canadian oil drilling sub-sector at this time?
Q: what is this talk about the carbon tax? how can it can an impact the price of crude and oil companies? is baytex a company that will be negatively impact by this?
Q: Thank you for your very rapid response to my question of 23/10/16. I am very interested in your mention of IAE as a "highly leveraged oil bet" since I believe all their holdings are in the North Sea area notwithstanding their 329% increase since January this year. Isn't this whole area subject to much higher drilling & overhead costs then the general oil market?
What are your thoughts on today's hit to QSR & the results? Is this a buying opportunity or a warning? My portfolio distribution lies somewhere between your balanced & income portfolios.
Q: Badger at $29 is expected to report Nov.15 with revenue projected at $109 MM vs
$111 for Q3 last year and EPS of 0.36 vs 0.49. Do you agree with these numbers and have you changed the opinion in your report last June that it was trading at a premium valuation when it was $7 less? This stock appears to have very good momentum and I'm very glad to have held it for the last 4+ years. Thanks, J.
Q: PEG(PEGI:US) pays 7%,which "100% of distribution is characterized as non-taxable Return of Capital" which account is best to hold RRSP, TFSC or regular taxable account. Maybe you can explain why hold it at all , if I am only getting my own money back?
Thanks...Cec
Q: Looking for your recommendation on leveraging 1 or 2 oil plays for 6 mos. to 1yr. My choices at present are SGY, BTE, CJ & BIR.
However, as this is not for long term, you may have other choices based on current debt & overall financial condition.
Thank you.
Q: I feel like the oil sector is turning the corner and want look at some oilfield service companies. Which do you feel is a "safe" way to play this, looking for a "good" balance sheet and someone that isn't going to just issue equity as soon as their stock price runs up a bit. Please consider companies beyond those listed above.