Investment Q&A

Q: At $20 Crescent Point seems pretty beaten up. Even given the dividend and oil price risk do you view it as a pretty solid buy right now?

Q: With the continued discussion in the financial media about a recession or not a recession in Canada and a Bank of Canada governor who at any opportunity talks down the CAD and does whatever to lower it, this has certainly heightened the negative sentiment on everything Canadian. Is the time yet here that the risk/return ratio for investing in energy and or pipeline stocks now favourable and would a company like BNP with a healthy dividend and good management be a decent investment?

Q: Hello Peter and Co.:
If you were to suggest one oil stock to buy today for a 2-3 year hold what would it be? I'm looking at VET or WCP but maybe you like a different one.
My only other energy holding right now apart from IPL and PPL (utilities?), is PEY, which I intend to hold onto and possibly add to at these levels.
I could be wrong, but I can't see there's much downside to Canadian energy companies right now. Getting paid around 6% to wait a year or so for the recovery seems like a pretty good deal to me.
Buy low and sell high is the thing to do, we all know that, but actually DOING it is extremely hard because it feels like the completely wrong thing to do! In my limited experience managing my investments, it seems that doing the complete opposite of what feels good generally leads to success...

Would love your take on this.

Thanks for all your excellent advice over the past couple of years.

Q: please compare these including debt/cashflows and your 1-2-3 preference in this market

Q: Hello looking for some energy exposure considering
XEG
OXF
HEE
ZEO
IF YOU HAD TO PICK ONLY ONE WHICH WOULD BE YOUR CHOICE i AM LEANING TOWARDS XEG
Thnks
Rod

Q: Hi 5i advisory team. I already have WCP and am thinking of adding to the sector as it is pretty beaten up. Which one would you add between CPG and ARX? Taking into consideration the location of the resources (Alberta or elsewhere), relative weight beween gas and oil and, finally management style? Balance sheet? Thanks Henry

Q: Peter I have large holdings in Interpipe. Pembine and Veresen. I have talked to the companies and they all say the lines are busier than ever. They also told me the div, is safe for years and in 2 cases the dividends will rise, Your thoughts please. They have been stellar performers for me, Thanks Ken

Q: I noticed at noon today that BTE is at approx $14. I bought these shares originally at $37.37 and saw them go up to approx $49.00. Do you think I should sell them at a loss and use the money to buy White Cap or should I hang in there for the long slow term of recovery from low oil prices?
Gary

Q: Are these Buying Opportunities: BNK, COS, RMP, LRE & YGR? Thanks! Austin

Q: Would you buy Africa Oil And Gear energy-- either, both or neither. What is your opinion of management and their prospects in a better energy environment. Thanx Robbie

Q: I have had significant realized capital gains this year in my non-registered portfolio. To help offset the gains I would like to sell and rebuy in 30 days shares that I have a significant unrealized capital loss. SDY is one of these companies. I know it is difficult to predict but would I be better selling now or waiting to the end of the year?

Q: At one time you liked the management of baytex do think the dividend is save thank you

Q: Good morning Peter and Team! Bought for my RRSP Lightstream Res. awhile ago at about $15.00 and now it's $0.80 Do you know what caused such a drop and what are the prospects for the near term?
Thanks as always for your excellent service!

Q: These are my oil investments, all purchases have been in the past six months. Am down 15% on freehold. I feel pretty secure with the positions, and i am quite content to be an owner for a good while. How do you see it.

Q: Your last comment on Paramount was in April where you mentioned that "POU with its debt will likely have good leverage in a rising sector" . Do you still think this would apply? The stock continues to drop and I would appreciate your assessment of their current position in the sector. Thank you.

Q: I am under in this company and I have a full position (overweight at market value) in my RRSP account. I really like the company and I do not need to access the funds anytime soon but I have always had a problem with deciding to sell at a loss with a good company. Many things of course can change a market quickly and therefor My question is "Could the money be better used in a different sector or would I be moving funds for no reason?" Perhaps average down but I really do not want to point the money hose at this. My gut tells me to wait it out. Perhaps it is a question without an answer but I appreciate your time spent answering it.
Thank you
Jeremy

Q: Hi Peter I hold in three different accounts a substantial position in wcp with a fairly low cost base still positive by 20pluus%.
Given were oil is going Iran supply ect would you exit your position and book your gains or ride it out I realize this is probably the best of the group however I would hate to see all my gains eroded.
Your opinion is valued.
Kind Regards Stan
PS I guess I will soon be paying surge to hold there stock

Q: Which energy company do you prefer and why or would you put them in the same boat?

Thanks

Q: Please deduct one more question credit as I should have included this in my last question on Tourmaline but would it be wise to move my assets out and into a dividend payer like Whitecap. I imagine both stock would behave similar in a further down or possible up oil market. At least I would have a dividend.
Thank you
Jeremy

Q: Good Morning!

Both ECA and CQE are trading at ultra low multiples. Realizing the challenges ahead facing the oil and gas industry, which company would you consider to be the best speculative value investment for midterm/long term growth? Or, is there a better choice that I have not identified?