Investment Q&A

Q: You mentioned Suncor's dividend is "fairly" safe in a previous answer. In general, are oil and gas dividends likely to be lowered in this market and do companies with DRIPs have a better chance of sustaining the payments.
I am ready to dip into some energy names with rising yields *by the hour!) but their reliability is obviously very important.
Thanks.
Steven

Q: After riding 500 shares of Suncor all the way to $47 and then back down again to my break even point ( very frustrating) it must be getting close to buy again? Do they have huge problems in the oil sands or is it all market related? Should I switch to gold stocks. I have often heard that when oil goes down gold starts to move ie that oil and gold move in opposite directions.

Q: Hello,
I have small position in High Arctic and it is down 35% from it's June high. At current price the company pays 4.8% dividend and trades at very low P/E. I am considering increasing my position, what is your opinion of the company in 2-3 year term? How safe is the dividend? Do you consider HWO a sell, hold, or buy?
Thanks!

Q: Hi- can you comment on the use of hedging by SGY, do you know if they have a program in place like CPG and WCP? thanks

Q: Hi 5i team. I am 15% energy with WCP, SGY, BTE, TOU, VET for 7.5%
ENB 3% VNR 2.5% and BDI 2%. I also hold all of the stocks in the two model
Portfolios plus a few extra large caps.
Should I stay the course with energy or trim some?
Thanks for your assistance
Kevin

Q: Could I have your assessment of PHX Energy Services? As I look at a series of 5 year graphs I see:

Revenue - up for 5 years
Net income - up
Dividend per share - now at 6%
Earnings per share - up
Cash flow - generally flat but positive in 2013
Cash - lots at the of 2013
Assets - up
Debt - down

Is the drop I see in the share price a reflection of the general market conditions or is there something at the company I don't see or read?

Thanks for your response.

Q: Hello,

I am thinking of swapping out Akita Drilling(AKT.A)for High Artic(HWO) based on better valuation metrics, superior dividend yield,and lack of a dual class share structure for (HWO). Is this a decision that you would concur with? Although I like the yield on HWO, I am primary focusing on capital appreciation potential.

Thanks!

Q: I bought Whitecap and SPE a month ago for the grandchildrens RESP. Are you satisfied these things are ok for the long run?

Q: My partner and I currently have about 16% of all stocks we own in RRSP, Non Registered and TFSA accounts as Canadian oil and gas (excluding oil service, pipelines, etc.). I have brought this down from 19% based on a previous recommendation from 5i. Within the oil and gas stocks I hold, 45% are in Canadian Natural Resources (CNQ), 24% in Suncor (SU), 12% in Husky (HSE), 10% in Cenovus (CVE), 3% in Vermillion (VET), 2% each in Paramount (POU) and Tourmaline (TOU) and 1% in Enerplus (ERF). I feel I probably have too many oil and gas companies in my portfolio and would like your thoughts in consolidating. Reading your previous posts, I get the sense that all of these are good companies thus there isn’t a compelling reason to sell any. However, it seems from your posts that some of my smaller holdings and perhaps Surge and Whitecap, could be increased at the expense of some of the majors with the reason being higher growth for some of the smaller companies. Can you give me your thoughts on the best thing to do with my oil and gas holdings? You suggested some time ago that the larger companies would hold up better during a market downturn. Based on this logic it seems like a perfect time to reduce holdings in some of the bigger names and buy some of the beaten down smaller companies.

Q: Hello 5i Team;
Oil sector is beaten down. Please select 2 stocks among the following you like. I can wait for 1 year.
RIG, BTE, CNQ, CPG, ERF

Thanks a lot.

Q: Please comment on the dramatic negative impact on TAO share price since announcing the abandonment of the deep well project. Tag continues to increase daily BOE production and share price plunges. Your thoughts please

Q: Hi Peter and team

Could you give me your opinion on Gear Energy. Paul Harris mentioned favorably on BNN and it has an outperform rating from RBC who recently removed their speculative risk qualifier.

Thanks

Ross

Q: What is your outlook for Ithaca the stock has been slammed hard in this downturn.

Q: May I have your opinion on this fund. I realize the fees are higher that you like. It pays a good dividend, has a book value of $ 6.24 It has always paid its distribution even during the 2008 - 09 market decline.
If there is a better stock with a similar dividend in the oil sector please advise.

Q: Hi Peter any thought on the upcoming Seven Generation IPO?

Q: Good morning....At what per barrel would the oil stocks "most likely" be required to look at cutting dividends....ie. CPG, SYG,WCP etc...what can they be sustained at?

Thanks

Q: hello 5i Team,

First, am loving the correction and the opportunities it is providing. With that in mind I would like to hear your thoughts on PRW.

There is tons of commentary regarding the BC LNG proj and the probabilities of it moving forward in the foreseeable future. There is no question it would do much for the BC economy. For every positive comment you hear, there are just as many negative comments stating it may not move forward for many years.

My Questions???? PRW has many projects in the works. How would their prospects be effected IF the LNG project did not go forward in a reasonable time frame? What is you thoughts on whether it will or will not go ahead? And lastly, what are your thoughts on PRW in general (sell, hold or buy) at this time with the pull back in full force?

Thanks for all you do

Gord

Q: hi, is prw a longterm (2yrs plus) buy. thanks.

Q: Enerplus has had a big sell off in the recent past. Is this a good entry point for it or any other energy stocks?

Q: tou Is it abuy?