Q: Yr thoughts plz given the present oil debacle.
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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: Hello 5i,
I've been patiently waiting on the sidelines the last few months waiting to get into the oil and gas sector.
I know it is impossiblre to time the bottom but it is looking like the massive daily drops in oil are slowing.
What would you recommend? Jump in now or pick away over the next few months? Do you have any favorites at this time?
Thanks
Dave
I've been patiently waiting on the sidelines the last few months waiting to get into the oil and gas sector.
I know it is impossiblre to time the bottom but it is looking like the massive daily drops in oil are slowing.
What would you recommend? Jump in now or pick away over the next few months? Do you have any favorites at this time?
Thanks
Dave
Q: Hi Peter and company. I have to ask this question which many are thinking. Could you and your team give 5 or 6 names that are considered high risk but on a oil recovery should have a large rebound. Some of these above stocks mentioned are down 70% plus from there highs. I was hoping for your expertise on figuring out which companies could survive...balance sheets,cash flow etc. Or do you have other names that your team is more comfortable with.
Thank you as always Jason
Thank you as always Jason
Q: With the dividend cut and lower capex announced this evening do you like BNP any better as a hold for yield and growth for the next 12-18 months? I could take a tax loss on it and buy another name in the sector like BTE, SGY, WCP or CPG for potentially better yield & upside? The risk of course is that neither SGY, WCP or CPG have cut yet. Perhaps that's already fully priced in?
Thank you in advance for your response.
Thank you in advance for your response.
Q: One more question about Surge. I note that the insider buying has remained quite constant during the recent downturn and in large amounts. In addition there has been no sales to speak of. I know that insiders are not infallible but does this not speak to their confidence in the boards ability to maintain the dividend and the recovery in the share price?
Q: Can I get your opinion on Arc. I don't hear much about this company. It seems to have a pretty strong balance sheet and keeps meeting it's numbers. Seems to be balanced between gas and oil and has not announced anything yet on cutting it's spending. I would like to take small positions over the next few months.
Thanks
Thanks
Q: Seasons greetings everyone
I have a weighting of about 5% in Bellatix and remain optomistic partially because of the involvement of Orange Capital. BXE has allowed Orange a seat on their board and the release states that BXE and Orange have reaced a "standstill" agreement to Nov 30th 2015. What is meant by a standstill agreement, and can you comment on how such an agreement might affect the stock going forward?
Thanks again for your excellent sevice.
GUY R
I have a weighting of about 5% in Bellatix and remain optomistic partially because of the involvement of Orange Capital. BXE has allowed Orange a seat on their board and the release states that BXE and Orange have reaced a "standstill" agreement to Nov 30th 2015. What is meant by a standstill agreement, and can you comment on how such an agreement might affect the stock going forward?
Thanks again for your excellent sevice.
GUY R
Q: Good Morning Peter and team: I would like your opinion on Flowserve in the US. The valuation appears attractive after the "oil sympathy" sell-off, and I'm wondering what you see in this stock. I do not currently own it.
Q: Hi Peter, I currently have 6% of my portfolio in Oil; split evenly between HSE and SGY. I am looking to take oil exposure to 10%. I am considering 1 or 2 of PXT, WCP or XEG. Please provide a recommendation on which stock(s)and timing of the purchase.
Thanks for all your advice.
Thanks for all your advice.
Q: Have these three in portfolio and want to sell two by Dec23 for tax loss. Would prefer to leverage up on the remaining name to mitigate the realized loss. Any suggestions for a confused investor with a long term investment horizon. Thanks Doug
Q: 7:55 PM 12/16/2014
Hello Peter
Despite your somewhat lukewarm advice [you were quite right to be cautious] about Canadian Oil Sands [COS] I purchased 1% position some time ago. I am now down 62%. After the dividend cut I would think it is now somewhat safe however I would appreciate your advice on whether to just hold for many years or whether I should switch to a pipeline or a utility that might have more growth potential and more liklihood of dividend growth too.
I would like to get a dividend in the 4 to 5% range as I imagine that would be safer and maybe allow more growth.
I was wondering about switching to one of : PKI, GEI, ALA, IPL, PPL, AQN, INE, EMA. Can you tell me which 2 or 3 are most likely to have reasonable growth and a solid growing dividend that would be better than COS, and could you rank them in order of preference.
We now have a 4% position inclusive in these three : BNE, SGY, BTE. Is COS "Dead Money" for the next few years or will it spring to life if the oil price rises? Would you advise a switch or would you just stick with COS?
Thank You... Paul K.
Hello Peter
Despite your somewhat lukewarm advice [you were quite right to be cautious] about Canadian Oil Sands [COS] I purchased 1% position some time ago. I am now down 62%. After the dividend cut I would think it is now somewhat safe however I would appreciate your advice on whether to just hold for many years or whether I should switch to a pipeline or a utility that might have more growth potential and more liklihood of dividend growth too.
I would like to get a dividend in the 4 to 5% range as I imagine that would be safer and maybe allow more growth.
I was wondering about switching to one of : PKI, GEI, ALA, IPL, PPL, AQN, INE, EMA. Can you tell me which 2 or 3 are most likely to have reasonable growth and a solid growing dividend that would be better than COS, and could you rank them in order of preference.
We now have a 4% position inclusive in these three : BNE, SGY, BTE. Is COS "Dead Money" for the next few years or will it spring to life if the oil price rises? Would you advise a switch or would you just stick with COS?
Thank You... Paul K.
Q: Hi, here is a question about Talisman. News it is taken over at $8 a share all cash. However, it is trading at $8.79 this morning. Is this only because of high likelihood of another higher or multiple bid? My view is to wait and see here. Would you? Thanks for everything and happy holidays!
Q: Hello Peter and team:
I own: CPG, TOU, POU, PEY, PD, WCP, SPE, CEU and a few others. They are all down, some as much as 50%. Is it time to buy some higher quality ones to average down? If so, how would you rank them? Or should I wait to see if they go down more during the tax loss selling season? Or sell some of them?
SS
I own: CPG, TOU, POU, PEY, PD, WCP, SPE, CEU and a few others. They are all down, some as much as 50%. Is it time to buy some higher quality ones to average down? If so, how would you rank them? Or should I wait to see if they go down more during the tax loss selling season? Or sell some of them?
SS
Q: Hi Peter
Had full positions in BDI and SGY, plus half positions in BXE, E, and HWO. I like them all but would like to take advantage of the tax loss. Considering selling 2 or 3 and adding to the other 2 or 3. Could you give me your opinion?
Thanks for the education you and your site provides.
Had full positions in BDI and SGY, plus half positions in BXE, E, and HWO. I like them all but would like to take advantage of the tax loss. Considering selling 2 or 3 and adding to the other 2 or 3. Could you give me your opinion?
Thanks for the education you and your site provides.
Q: With the price of so many energy stocks beaten down, does it make sense to swap a stock like PGF for something like Surge SGY in the hope that SGY will recover a lot faster than PGF when and if some stability returns to the oil market? If it does make sense, is there one time that would likely be better than another to make the transaction? ie. before tax-loss selling season ends or after? Thanks.
Q: What is your opinion of Delphi Energy Corp.? It is down quite a lot.
Would you recommend it as a buy at present?
Would you recommend it as a buy at present?
Q: hi folks
why do you believe erf is taking such an outsized hit?
good balance sheet, mgmt ok, good hedges......
is it mostly due to tax loss selling begetting more tax loss selling? or possibly U.S. ownership causing increased liquidation?
and thus, would this be the proverbial screaming buy (with a 2 - 3 year timeframe?
thanks
why do you believe erf is taking such an outsized hit?
good balance sheet, mgmt ok, good hedges......
is it mostly due to tax loss selling begetting more tax loss selling? or possibly U.S. ownership causing increased liquidation?
and thus, would this be the proverbial screaming buy (with a 2 - 3 year timeframe?
thanks
Q: How do you see PTA holding up? Can it survive a prolonged depression in the price of oil?
Q: What do you think about the divided cut and overall out look
Tom
Tom
Q: Peter,
you know it is not the first time that the predators on the US market are breaking down an asset class and then restructuring, consolidating and grabbing the weakest for almost nothing. It is actually a recurrent theme in the history of the US markets since what 130 years from the railroads to the S&L to the internet stocks, to the pharmaceuticals to the Real estate, to the Banks and now to the oil. Restructuring is the next game in town and will soon hear loud sounds of M&A in the fracking players...
So In a sense that it is not the cheapest oil stock to buy or the most resistant to a lower oil to buy, may be it is the 10 most prone to be bought that are the most interesting and leave it to the oil manipulators to bring the oil down to $40 if they want, as we will never know if the natural oil price is $80 or $40.
So my question is what are the most prone to be swallowed. How about 5 Canadians and 5 Americans candidates.
Publish only if my question has some merit otherwise keep it private.
Thank you very much.
you know it is not the first time that the predators on the US market are breaking down an asset class and then restructuring, consolidating and grabbing the weakest for almost nothing. It is actually a recurrent theme in the history of the US markets since what 130 years from the railroads to the S&L to the internet stocks, to the pharmaceuticals to the Real estate, to the Banks and now to the oil. Restructuring is the next game in town and will soon hear loud sounds of M&A in the fracking players...
So In a sense that it is not the cheapest oil stock to buy or the most resistant to a lower oil to buy, may be it is the 10 most prone to be bought that are the most interesting and leave it to the oil manipulators to bring the oil down to $40 if they want, as we will never know if the natural oil price is $80 or $40.
So my question is what are the most prone to be swallowed. How about 5 Canadians and 5 Americans candidates.
Publish only if my question has some merit otherwise keep it private.
Thank you very much.