Investment Q&A

Q: The energy sector has been doing ok in the last week, buy MEG seems to be underperforming greatly compared to the sector. Any thought on why this is happening. Thank

Q: I live and Calgary and have spoken to quite a few people in the industry and they are saying similar information.
Essentially that declines in wells are going to out stripe the demand in the next year creating more demand then supply. Many companies around here have been underinvesting in new production due to the market conditions.
I am quite cautious on oil and gas companies as they haven't performed well over the last 7 years.
Are these people overly optimistic or is there a potential trade and opportunity to go up to 10% weighting in Oil and Gas?
If so, do you think CPG, WCP, and MEG would be good exposure?

Thanks.

Q: Can u please comment on earnings and outlook. Thx

Q: Will you please give us your thoughts on their 1/4ly release and your thoughts on them going forward.
Thanks

Q: I am down quite a bit on these energy stocks. Some CNBC announcers think this is a good time to buy Canadian energy. Do you think these are a hold with a 2 year time frame?

Q: Hi, on a risk reward basis , what are the 3 oil companies you would invest with the highest leverage to oil prices ?, this will be no more than 2% of my portfolio, so I can take the risk of losing it if they go bankrupt . My exposure to oil is rather small and limited to large companies like Enbridge and Suncor. My view is that oil will have a come back in a 3 to 5 years time.

Q: Hi group 2 questions
- I was stopped out of Byd in late March since then have been waiting for pullback to get back in, unfortunately the stock just keeps going up. I am of the opinion the market is way overbought in general and my time should come or should I nibble away ? or do you have another strategy that may work. I intend to buy 1,000 shares over the next year
2 nd question I am thinking of buying Meg + Tog due to extremely low stock price Eric at Sprott has recommended them both as top picks - I respect his opinion what do you think ?...thanks

Q: What do you think of MEG recent earnings? Would you be a buyer for oil exposure?

Q: I have what I call a mini portfolio of higher risk stocks in addition to my portfolio of diversified quality portfolio.
I presently hold ATE, AKU, PNG. I want to add 3 oil stocks to this portfolio. Thinking maybe, VET, MEG and NVA. Opinion. Any other likely candidates in the smal/mid cap. Candidates should be less than $5 and a good hedge position to protect them over the next 6 months.

Q: How would you rank these in an Oil Recovery? thanks!

Q: Can you please advise as to which large cap oil sands company have hedged their oil price exposure and for how long and which would u recommend among that list. Thx

Q: I'am thinking about buying 10000 shares of husky and Meg energy putting away for 5 years thoughts

Q: Why is Meg Energy down 40%ish, when the energy sector is down 20is%?
Thanks,

Q: Today it has been reported that MEG has asked the Alberta Energy Regulator for a 3 year delay in the approval process for the May River Project that would add 164,000 barrels of bitumen per day. MEG is down 0.97% on this news so the market doesn't seem too concerned on this deferral request. Would you agree? What are the pros and cons to this delay and given MEG is considered to be a take over candidate would this be seen as favourable by a potential purchaser? Thanks Gordon

Q: What happened to meg stock over the last week its off significantly. Where do you see it going from here ? thanks

Q: There is some selling today with the recent financing announcement, this name has been a bit of a darling of late, would you step in here? Whenever takeovers come up MEG always seems to be mentioned. Thanks.

Q: Energy stocks are breaking out,I remember you mentioned many times MEG was takeover target yet missed it,Is it a good buy now?which energy stocks if any you would recommend now.

Q: In reviewing Meg press release on their 2020 Capital investment plan if ones assumes a $60 WTI, 94,000 bbl/day (the low end of guidance), a Operating plus G&A cost of $6.75 (the high end of guidance) less $250 Million of capital expenditures leaves free cash flow of approximately $1.57 Billion of which they plan to apply to debt reduction. Debt was at $3.257 Billion at Sep 30, 2019. Is this too good to be true? Am I missing something? Thanks

Q: Can you please give me your opinion on 3 stocks that is loosing money should I keep or sell or buy more. They are about 2% each.

Thanks for your great service

Q: In a recent answer to a question on an oil company, you mentioned that it is hard to be optimistic on a company if you don't like the management team. So my question is, which of the management teams in the oil sector would you want to align yourself with, and why? Alternatively, which of the management teams would you not align yourself with? Please deduct as many credits as necessary to fully answer my question. Thank You.