Investment Q&A

Q: Hi again Peter,

Another question on SGY (Surge). I was wondering if the dividend yield at around 8% is a little high. Should it not be in and around the 5% range? Seems like investors are actually saying the yield is unsustainable? Your comments are appreciated.

Q: Hi Team- comments on POU and the financing today - it seems that the nat gas is working higher. Is this a decent entry point?

Q: Peter,
Journey Energy (JOY) IPO'd last week @ $12.00 and a dividend yield of 6%.
I would appreciate your insight re this company. While I suspect it
may be too early to invest, it is on our Watch List.

Q: Do you have an opinion regarding the possibility of a royalty trust IPO for Canadian Natural Resources in the near future? Is the IPO already priced into the stock?

Q: I am considering one of the following five: DTX DeeThree Exploration, DEE Delphi Energy, GXE Gear Energy, LRE Long Run Exploration or PPY Painted Pony Petroleum and have about $10,000 for this.
Which one would you recommend and why?
Thank you for all the information your service provides.
Nadine

Q: I'm looking to add an energy services stock to my portfolio. CDI/FRC/E/PD/HWO ... who do you prefer, over the next 1-2 years? Thank you for the excellent service.

Q: What did you think of today's Elkwater Resources recapitalization? Could this be the next RRX/SPE? Do you know management? I recognize the board and judging from their experience and current roles (CEOs of of RMP, RRX, PPY) seems like a no brainer to me (even with the share price move we saw today)

Your thoughts please. Thanks!

Q: Hi Team : CEU just announced a financing - it appears to be for debt repayment and "general corp " catch all. Is this another example of a company taking advantage of a bull market? At what point do we get concerned about the froth? Thanks

Q: Hello Peter & Co,
Wish you a speedy recovery.
I own a few shares of Freehold Royalty; would it make sense to own a few shares of PrairieSky?
I understand that others may be ipo'd in the neaar future; what then?
It seems that the royalties of the latter aare superior to the other; if so, should I sell fFRE to buy PSK?
Thanks
Tony

Q: Hi Peter,

SGY (Surge Energy) has had a slight pullback since it touched $8 recently. What is your view on SGY going forward? Thanks

Q: I have a very small position in CEU, PEY, HWO and BDI but was thinking of increasing my position in two of these to 4-5%. Which would you consider would give the best overall return over the next 1yr or would you rather go with something else ?

I was sorry to hear you had a bad bike accident. Hope you have a speedy recovery.
cheers,
Jack

Q: Your thoughts on Pioneer Natural Resources PXD

Q: I'm long ESN - I feel there's value and am enjoying the dividend but am losing my patience with the stock performance - should I hang in there or switch to something like an HNL or other in the space? thanks!

Q: could you compare medium term prospects for RE -vs- rmp -vs- rxx ?

Q: re: RE-T Rock Energy

I've done well on RE this year. Share price appears to have flattened a little since 3rd week April. There was talk of a buy out maybe somewhere in the future.

Any comments on this and, would you hold or sell?

Thanks for all you do

Gord

Q: Hj Peter, IAE?TSX---What is your interpretation of the Sumitomo acquisition announced this morning in London and how does it make their future revenue/ debt picture look? Andrew

Q: Dear 5i:

Arcan (ARN.V) announced a strategic transaction to sell the company today. What do you think of the deal from the shareholder and convertible bondholders view. Do you think there will be additional offers (CPG & LTS each own ~ 19%). What do you think the 'SPINCO' warrants will trade at?
Thanks.

Q: Eric Reguly has an interesting analysis of the world oil market, "Iraq a minor bump on road to inevitable oil price surge", in the June 21 Report on Business. He makes a case for an increasingly tight oil market caused in part by shale oil producing large volumes of useless condensate leading to falling crude inventories. In North America, where a bottle of water can cost the same as an equal amount of gasoline, I believe there is plenty of upside to oil prices.

A Canadian portfolio market weight for energy would be 25%; the 5i model and income portfolios contain about 10%, though I don't consider ENB a real energy stock. My own portfolio of BTE CR SPE SGY TOU and WCP is less than 10% of my overall. The Moneysaver ETF model has about 17% weight including 10% in XEG alone.

If I should beef up my exposure to energy would you suggest adding to the names I already own, if you like them, or adding via XEG/CLO and/or XLE/ VDE? Or perhaps a bit of both approaches? Thanks, J.

PS: I like the new colour contrast and graphics of Report Card a lot, it gives it even more impact!

Q: I would like to add to my weighting in the oil and gas sector. I currently hold Surge Energy and am considering Baytex, Peyto and Whitecap. At current prices which would you recommend or do you have other suggestions?

Q: I absolutely love your newsletter
What are your thoughts on DEE---Delphi Energy???
Juri