Investment Q&A

Q: Recent questions & comments about BTE mention the recent large acquisition & > debt.; however, they did just divest of a property and commit almost $300M to paying down their debt.? Comments please as I do own this one & was thinking of buying more.

Q: Hi 5i,

I appreciate oil is down materially in H2 2014, but I still scratch my head at SPE's recent performance. The stock came out with a fabolous quarterly update showing current production levels exceed year end targets. The company's management team is top notch and the netbacks are some of the highest in the industry. With all that said, why does the stock continue to fall.

I'm debating taking a loss on SPE and playing a sector with more short term momentum. Do you have any recommendations on particular stocks that you would be adding to today?

Q: Good Morning Peter and Team,
I am slowly but surely moving toward the "Model Income Portfolio" in one account and toward the "Model Portfolio" in a separate account. Different objectives for each account. I have owned PEY since 2010 at about $13 in both accounts. Does it make sense to have PEY and SGY at 2.5% allocations each in my version of the Model Income Portfolio and PEY and WCP at 2.5% allocations each in my version of the Model Portfolio ??? That way I have exposure to half natural gas and half light oil for my energy weightings in each account. As an aside I read Darren Gee's President's Report every month and I strongly encourage other 5i subscribers to do the same. Peyto is one of the most shareholder friendly companies in the energy sector and extremely well run. I would appreciate your opinion of my proposed energy sector allocations. Thank you. DL

Q: Is part of the concern with Baytex that the operator (Marathon) of its Eagle Ford American assets, which it just bought, could expand the capex spending to a point that Baytex cannot afford.

Q: Peter Where do you feel from a technical aspect were the bottom for Bte is It drops every day .I view a day with a 1% drop as a win
Stan

Q: I added to my shares of pne with the recent pullback in energy. Would like to trim shares when shares are up more, thinking this would be my way of generating dividends from the stock. I have problem with timing when to trim my position. I tend to be all over the map. Could you give advice on this?

Q: Can you give me your opinion on Journey Energy? I realize it is new, but it third quarter results looked good. Is it's dividend secure? Does it have much debt? Thanks for your help.

Q: Hello.
I read on BNN that Penn West (PWT.TO) is seeing some aggressive insider buying. What are your thoughts? Stock is inexpensive ($4.76) with a whopping 11.75% dividend. Sustainable?

http://www.bnn.ca/News/2014/11/18/Insiders-are-buying-shares-of-Lightstream-Black-Diamond-and-Penn-West.aspx

Thanks

Q: Hi Peter,
I am planning to initiate position either in FRC or MTL but confused as I don't know which is better investment. Pl provide your analysis keeping in view declining oil prices and glut in production of oil in USA.
Regards,

Q: I just looked at the 5 year chart for this company after it dropped yet again today.
I know you have looked at it and apprently there is no "news" to justify this degree of downward momentum.
However, no other time period in the last 5 yers comes remotely close to this kind share price decline for WEQ.
In your experience, when you see this kind of dramatic sell off do you often find that it turns out to be insiders or folks close to insiders selling on information that the rest of us do no have access to?
I have held this company for many years and done well by it, but now my instincts smell a "rat". Am I justified in feeling this way?

Thanks for another learning experience.

Q: Hi Peter and Ryan, with this supposedly glut of oil is there any reason to be holding service stocks and frackers at this time? Would you consider PD and CFW a buy, sell or hold at this time.

Thank you

Q: Would appreciate your comments on LTS, underwater big time. Is it worth hanging on to or maybe even average down. Will it survive? Leonard

Q: I am down $5000 in rrx,$2000 in sgy,$2000 in wcp,$2000 in wcp, and less on prw,ppy,cdi,pxt.I was heavy in energy sector now for tax reason should i sell all or which one,i have gains to ofset losses.

Q: With oil dropping in price is PNE. a hold sell or buy .
Thanks

Jim.

Q: Hello 5i,
I’m not happy with Canadian Oil Sands (cos) and Ensco PLC (ESV) in my portfolio and would like to sell for less volatile names. On the Canadian side I’m looking at buying Vermilion Energy (VET) or Pembina Pipeline (PPL) or possibly Enerplus Corp (ERF). On the US side Kinder Morgan (KMI) or China Petroleum & Chemical (SNP) or Royal Dutch Shell (RDS.B.

What do you think of this move and which ones are your favorites.

Thanks,

Q: if you were to choose between Twin Butte or Longrun, which would it be and why?

Q: Until recently, BTE always won out over CPG for stock selection, and in early Sept. it still traded at a $3.50 premium over CPG. Now it trades $5 lower than CPG. What has happened? Is it time to kiss Baytex goodbye?
Thanks! Chris

Q: Hello Peter & Co,
I own BTE, CPG, HWO, TOU, VET and WCP in the energy sector (10%) of my RRIF portfolio. I'm thinking of selling CPG (some profit) and BTE (some loss) and shifting the proceeds to the other 4; thus keeping the sector weighting intact.
Your thoughts?
Thanks
Tony

Q: Can you please comment about this small company.Likes and dislikes and its potential.

Q: I own 500 shares of Hse and 1000 shares of Wcp in a non-registered account. If I were to sell one of these and add to the other, which would you suggest or should I just hold both for the long term. I do not have to sell. They are both down.

Thank you.