skip to content
  1. Home
  2. >
  3. Investment Q&A
You can view 3 more answers this month. Sign up for a free trial for unlimited access.

Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: Good Evening
Back on July 10, 2015 you indicated that it is worthwhile to hold on Peyto.I noted that one PEYTO Director sold 744,719 shares from September 14th to September 21st, 2015 at between $30.08 and $28.96.
Peyto represents 1% of my portfolio and the oil/gas sector is around 5%.
Do you still recommend on holding to this stock, selling or averaging down?

I will appreciate your comments.
Thank you
Read Answer Asked by Terry on September 23, 2015
Q: Good Afternoon
I currently own RDS.A. Many brokers recommend holding the stock. On the other hand, quite a few brokers recommend purchasing OXY. I will appreciate your comments. Is it worthwhile selling RDS.A and buying OXY?
Thank you
Read Answer Asked by Terry on September 21, 2015
Q: Gentleman/Ladies

I see you last update on BIR was sometime in Feb. Has anything changed since then regarding BIR
Read Answer Asked by Burt on September 21, 2015
Q: When assessing the prospects of a junior oil and gas company, given the current commodity price levels, how do you determine if the debt level poses a low, medium or higher risk - what metrics do you use? For example how would you compare the debt levels of Raging River (RRX), Rock Energy (RE) and Surge (SGY) Energy and the health of their overall balance sheets? You’ve mentioned previously that RRX has a rock solid balance sheet.
Read Answer Asked by Marc on September 21, 2015
Q: Do you think that Strad can maintain their current dividend for the upcoming 12 months?
Read Answer Asked by Robert on September 17, 2015
Q: Please give me your opinion on the above co. Thanks
Read Answer Asked by jim on September 16, 2015
Q: is gxe worth holding, i'm buried on this one. looks like their debt is high with no money. i need a black or white answer.sell or hold. i paid 5.50 for this one. tkx pat
Read Answer Asked by patrick on September 16, 2015
Q: I would appreciate your comments on the following analysis that may explain recent weakness in the price of it shares.

The majority of investment analysts following Enbridge Inc. rate its stock a buy. But short sellers have a large position in the Calgary-based pipeline operator and natural-gas distributor. Why the divergence?

Enbridge has been on the Toronto Stock Exchange’s “Top 20 Largest Short Positions” table for more than a year. And during the two weeks ended Aug. 31, its short position recorded the largest increase of all the companies on the table, jumping 25 per cent.

Enbridge’s shares also trade on the New York Stock Exchange. There is a short position there, as well (that has increased). Adding the level for Aug. 31 to the Canadian position brings the total to 30.2 million, or 3.5 per cent of shares outstanding.

One of the few analysts to advise selling Enbridge shares is Darryl McCoubrey of Veritas Investment Research Corp. Why the sell advisory? “Specifically, the marked decline in crude oil prices … could undermine Enbridge’s growth profile and investment appeal,” he notes.

Enbridge’s revenue doesn’t depend directly on commodity prices but it does depend on volumes – similar to road toll booths. Mr. McCoubrey thinks the volumes could drop as oil producers shut down wells in response to low prices.
Read Answer Asked by John on September 16, 2015
Q: Can you give us your take on CJ's acquisition and financing announced today?

Like all oil stocks, this one has been beaten down so much I've not pay much attention to it for quite awhile but it's still part of my key holding in the oil & gas stocks of my portfolio. Any news that can inject some life into these stocks are always welcomed.

Thanks.
Read Answer Asked by Victor on September 16, 2015
Q: Wow…how the energy sector changed over the last year and half. Then I cut the weighting from 14+% to 8.5% on the suggestion of 5iR. Now the weighting is 5% (in a better diversified portfolio). Then I put together a number of positions that were diversified, gas/oil, light/heavy and big and small. Now going forward I would like your take on whether I remain with each of these positions within the context of the energy sector mix, or transform to another more appropriate mix of positions that you suggest I think about. Here are the holds and position weightings then/now - BAD 1.5/0.8, BTE 1.0/0.2, BDI 0.5/0.2, CVE 1.0/0.6, PEY 1.0/.8, SGY 1.0/0.5, and TOU 2.5/1.8. Going forward I am keen about the better positions and the better mix, and as for the here and now, I am not focused on the loss or utilization of the loss. What is better for tomorrow’s years. Much appreciate all the helpful advice and insight……Tom
Read Answer Asked by Tom on September 14, 2015
Q: Hi Peter,

Which five energy companies would you choose to own at the present time, with the present prices and outlook? Many thanks!
Read Answer Asked by Barbara on September 14, 2015
Q: I have hung on to VET because I didn't want to get out of energy completely. I understand that they have a significant share in a new natural gas supply for Ireland which was due to come on stream this Summer.
Is the new revenue stream enough to warrant continued holding, or would I be better to buy something with more immediate prospects of price appreciation?
Read Answer Asked by Graham on September 11, 2015
Q: can you give me your comment on NBZ is the divident save
Read Answer Asked by paul on September 11, 2015
Q: Hello Peter, I hold EnCana, Cenovus, Canadian Natural, Baytex, Surge and Tourmaline. As I'm resigning myself to low oil prices continuing for at least a few years, I'd like to eliminate two or three of my positions.
Some of these stocks have obviously done much worse than the others. But on a 'looking forward' basis only, can you please list the stocks that you'd suggest I eliminate, in order?
Thanks, James
Read Answer Asked by James on September 11, 2015