Q: I listened to their year end presentation and was thinking of adding some shares to a small position but your answer to Phil's question has me confused. The company reported over 11000 BOE/D for 2014 and said in Q1 2015 they are at 12500 BOE/D and when the Stella project comes online they will be around 26000 BOE/D. In your answer you say their production is going down. What did I miss? Thank you for all your help Your advice has made a lot of people a lot of money. Joe
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Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: In an sector in which just breaking-even is difficult, RRX is defying gravity. Is this just herd buying, or does the market actually know something? In any case, with no dividend on-offer, shouldn't it make more sense to buy something like RMP, which has the chance to rebound significantly? Thanks for your insights.
Q: Hi,
I have full positions (4%) in both TOU and BAD for exposure (mostly) to energy. I would like one more full position for energy exposure for diversification purposes, what would you recommend?
Thank you
I have full positions (4%) in both TOU and BAD for exposure (mostly) to energy. I would like one more full position for energy exposure for diversification purposes, what would you recommend?
Thank you
Q: I'm holding on to this with a big percentage loss. Would you please comment on the results - they sound better than I expected.
Phil
Phil
Q: Peter et al.
What do you make of the latest earnings release and its future prospects with the latest hedging that it has performed? It is still in the penalty box because of the delay with Stella but next year this should turn around.
Regards,
Brendan
What do you make of the latest earnings release and its future prospects with the latest hedging that it has performed? It is still in the penalty box because of the delay with Stella but next year this should turn around.
Regards,
Brendan
Q: I was wanting to buy their convertible debentures. Do they have adequate cash flow so I would get the face amount plus interest on their maturity date of December 31, 2015?
Q: Do you think High Arctic Energy is solid enough to survive a prolonged downtown in the price of oil, thanks for your valuable feedback?
Q: Hi, I bought a lot of LRE.to in the past couple month between the price of $1 to $1.3. I am currently worried that this company may not be able to survive through oil price recovery. I also worried if I sell it now, the stock may go up huge if the oil price goes up. Should I sell it and change to a similar oil company but with less debt and safer to survive the low oil price? Do you have any suggestions? Thanks
Adam
Adam
Q: I am planning to buy a large oil stock listed in the us that pays a nice dividend.
Which one would be your top pick?
You think the timing is right or should I wait
Which one would be your top pick?
You think the timing is right or should I wait
Q: could you please comment on the current prices of these companies in relation to current price of WTI. Thaks
Q: As with other energy companies, Encana has seen some challenges. But it has not faired as well as others of that size. What is your opinion on its future?
Alan
Alan
Q: Hello 5I,
This a follow-up to a question you answered on the book value of Surge Energy; but applies across all Canadian E&P Companies. You noted Surge's book value is dependent on the price of oil and quoted a value of $68 US.
The problem I am having with your statement and all the other literature I read which quotes share price based on WTI is; What are the surrounding parameters that are needed to support the individual companies value. For example what is the exchange rate of the Canadian $ for the $68 WTI? At the current exchange rate this would suggest that Surge needs well over $80 Cdn to have a book value you suggested. Another question is at what oil futures price? If the current Contango widens so that a one year futures contract is $68 WTI; can I then apply that forward price to Surge, or which ever other company I am following?
Any clarification you can offer would be greatly appreciated.
Cheers,
Bob Ahearn
This a follow-up to a question you answered on the book value of Surge Energy; but applies across all Canadian E&P Companies. You noted Surge's book value is dependent on the price of oil and quoted a value of $68 US.
The problem I am having with your statement and all the other literature I read which quotes share price based on WTI is; What are the surrounding parameters that are needed to support the individual companies value. For example what is the exchange rate of the Canadian $ for the $68 WTI? At the current exchange rate this would suggest that Surge needs well over $80 Cdn to have a book value you suggested. Another question is at what oil futures price? If the current Contango widens so that a one year futures contract is $68 WTI; can I then apply that forward price to Surge, or which ever other company I am following?
Any clarification you can offer would be greatly appreciated.
Cheers,
Bob Ahearn
Q: As & when the bottom, bottoms - I want to use my leverage to gain on what I believe will be a very substantial oil bounce!!
Would you rank your pic. of the 4 best as detailed above bearing in mind the substantial price difference in current share values. Thanls
Would you rank your pic. of the 4 best as detailed above bearing in mind the substantial price difference in current share values. Thanls
Q: peter can you give me your comment on the result of DTX
Q: Please give me your comments on WRG. I own. Would you recommend selling, adding, or holding.
Q: Hi everyone HARVEST ENERGY GROUP has energy income fund I would appreciate your opinion would want it for long term income and some capital gain it looks good is there something I am missing symbol HEN.UN THANKS FOR YOUR WONDERFUL SERVICE Barry
Q: Can you comment on their results
Q: What do you think of the recent new issue?
Q: When weighting stocks in a sector, are companies like KEY, IPL, GEI,and PSI grouped with pure energy plays like CNQ, CPG,WCP etc., or are they regarded as infrastructure / utility stocks?
Thanks, Joe
Thanks, Joe
Q: I like many was "overexposed" to energy and also made the mistake of trying to catch too many falling knives on way down. I am determined not to spend more new $ on energy and when or if it rises dump some so I do not end up like that again.
I am resigned to the fact that some of my losers may never recover to my ACB but also feel some of them(I dont know which ones) will have more potential for a bounce. Looking at my weightings within the sector, I feel I have more BTE than I would want later and not enough PEY.
I know you are a fan of PEY...do you feel a switch of some of my BTE for PEY makes sense? ie not losing out on any potential spike in BTE from current levels?
I am resigned to the fact that some of my losers may never recover to my ACB but also feel some of them(I dont know which ones) will have more potential for a bounce. Looking at my weightings within the sector, I feel I have more BTE than I would want later and not enough PEY.
I know you are a fan of PEY...do you feel a switch of some of my BTE for PEY makes sense? ie not losing out on any potential spike in BTE from current levels?