Investment Q&A

Q: i own both at much lower prices, i would like 2 more of your favorite oil and gas stocks small to mid cap do not have to have a dividend. thanks. dave

Q: With Suncor attempting to entice exhausted shareholders with a 0.25 SU share exchange offer, COS loyalists are fortunate to have an influential shareholder in Seymour Schulich.

Schulich was quoted in saying:
“I ain’t selling at that price,” he said of Monday’s bid, adding that he believes Canadian Oil Sands is worth $20 per share. “If they succeed, I’ll go to court to get a valuation.”

My question is what options do COS shareholders have if SU were to be successful in this takeover chicanery? Could someone like Schulich order an independent valuation and let a judge decide what is fair for shareholders?

Here is link to article:
http://business.financialpost.com/news/energy/suncor-energy-incs-4-3b-hostile-bid-for-canadian-oil-sands-ridiculous-seymour-schulich

Q: Sector rotation today with oil having an outsized move to the upside and many high quality non-commodity related stocks (CSU, CCL.B, CTC.A, DOL, GIL, L, T, MG, etc etc) with an outsized move to the downside?

I'm thinking of adding another oil company to join WCP as my only oil holdings (currently WCP is less than 2% of the portfolio). What dividend paying name would be on the top of your list today (small cap, large cap, doesn't matter) for a long term hold.

In your opinion, would your #1 ranked oil name be more attractive, from a valuation perspective (assuming a $45 floor for oil) than your current #1 ranked pipeline?

Thanks.

John

Q: I'm a buy and hold investor looking for energy or pipeline stocks with good dividends and eventual growth expected over the next several years. Presently I own none and want to increase it to a ten % position.

1) is it a good time or should I wait.
2) can you give me two CDN and two U.S. Choices that you think are going to be reasonably safe and good long term prospects. I've indictared some of the choices I'm interested in.

Q: The % of my portfolio that is correlated to oil/gas is at an all time low since the oil price meltdown. I also dumped a few hydro carbon stocks on the way down (Husky/Atlas/EnCana). I am now looking to wade back into the sector to a minor degree. Dividends are not important to me. What is important is relatively decent financial strength, lower cost reserves and good management.
What would you recommend taking a look at?

Q: Hi Peter and Team,

I've written to you before about COS. I'm a long term shareholder of this company. I own 100K shares. Will I get a chance to vote on this deal offered by Su - and what's your take? Personally, I think it's a good fit and I think Su will be able to finally! get the syncrude project moving in a better direction (i believe that operation suffers from too many cooks in the kitchen syndrome). many thanks!

Q: I would appreciate your opinion on this company.
Is it a "buy" at this low price?
Could it be a target for a takeover by another company?
Thank you.

Q: Hello, I currently have about 2.3 million in stocks and rrsp mutual funds. I am 56, retired and seem to be doing ok. I'm spending a lot less than when I was working. :)

I am possibly selling my home and have already purchased a home in Florida, spending summers in Canada. I'm clearing about a million dollars. Very tempted to put it all in oil stocks such as surge, wcp, rrx as I think these will be huge gainers once the oil market and overall market starts to cycle back into better waters.

What would you do? I won't need the money for 2 years. I'd like to get a substantial return of course and feel nows a great time. What are your thoughts?

Dave

Q: Hi, cos has an offer in today from another company. I have a substantial amount of cos. Is this offer a good thing or a bad thing? Will I make money or loose more?

Dave

Q: Peter and Team, Hi
I have held Rock Energy for quite some time. It has gone down 70% since I bought. You know that we tend to hang onto our losers. What do you recommend? Any chance it will go up anytime soon? Should I dump it before it goes to zero? Regards... Joe

Q: Hi Team, Question on oil in the future. What is your opinion on where the price of oil will be in about a yr. I have heard some analyst say it may fall to 20.00/barrel. if Obama strikes a deal with Iran, then they would be able to start selling their oil on the market. And they have huge reserves. That would certainly flood the market. Then I heard that Russia was going to start selling more oil as well due to deals with Syria. If this happens then would the price of oil should drop drastically. what is your take on these events.

Q: Could you update on Bonavista, (BNP), especially info on the dividend and why they haven't cut (again) or eliminated it. Any chance of this one going to 0.
Thanks
Doug

Q: It's my expectation BXE will be announcing some asset sales in the near future to help lower their debt. Generally speaking, do you think this will bump the share price up a bit? Thanks.

Q: There has been some insider buying at Baytex in the last little bit. I was wondering if you think this is a positive thing and would you start a position now? Currently have zero exposure to energy.

Thanks

Q: In a previous question, someone asked what drillers would best respond to an oil rebound, you mentioned Precision Drilling PD and High Arctic HWO. What about Trinidad?

thanks,
jb

Q: Hi, Peter
In my question to which oil&gas service company would profit the most from a revival of this industry, you mentioned 4 drillers. So the question is are driller the most prone from all service companies to profit first or there could be other type of service companies that would also participate early in the aforementioned scenario.
Thanks again
Claude

Q: just a comment. surge has been active in the market buying back their own shares. according to the tmx website sgy bought shares every day in sept. except one for a combined total of more than a half million shares so far. its nice to see a company support their shareholders. it seems to be helping the stock some but I realize oil needs to recover but its nice to see a company not so distressed to be able to actually buy back shares.

Q: Hi, Peter
which oil and gas service companies has the most to gain in the event of a oil and gas "revival".
Thanks very much
Claude

Q: do you think husky is ok to buy ?
would you recommend it?
Just wondering why this one has come down so much ,is it only the lower oil price?

Q: Back in July you werent too positive on TDGs short term potential for any sort of increase in price...that was back at $4.20s. Now that we are in the low $2s, do you think this is a buying opportunity, or is debt and earnings going to push this lower?

thanks,
jb