Investment Q&A

Q: Hi, I own Parex, Gear, Trican, Pason, Advantage and Prairiesky in small percentages for this sector . Collectively, I am about breakeven. I would like to consolidate into two or three holdings. Of these, what would be your preference? Overall total return is the objective.
I have also seen Terravest mentioned as a favourite compounder in the same sector in the Q&A, Is this a new entity or did they do a recent name change from a former company. Is this a more preferred name vs the others mentioned?

Cheers,
Steve

Q: What's the reason for PXT's big 5%+ drop and big volumes today?

Q: Hi,
Which one would you recommend to buy today?And why ?
Thanks. Alnoor

Q: Any reason on why PXT's share price slipped so much yesterday and today?

Thanks.

Q: Can you provide some insight into why Parex is dropping again? Results today looked reasonable.

Q: What is the impact of the abandoned Chirimoya well (todays news), on expected production, eps and revenues?

Also, is the stock a buy now?

Q: What's the reason on why PXT opened this morning and took a big hit - down almost 8% at one time. Would it have anything to do with abandoning the an exploratory well? This is all the info I can get

"PAREX RESOURCES INC - IT HAS ABANDONED CHIRIMOYA EXPLORATION WELL AT VIM-43"

Would you have more on this?

Q: Thoughts on quarter and market reaction
Cheers, Chris

Q: Kindly comment of the PXT Q1 results and why it's being downgraded by RBC. Thanks.

Q: Please provide your thoughts on how you would rank POU against ENB, SU, TRP, TOU, GXE and PXT for growth, holding for more than 5 years?
Thank you,
Roger

Q: I am looking for cash-rich stocks with unusually low prices at the moment.

Could you recommend 5 Canadian and 5 US stocks

Thanks

Q: Oil stocks as varied as SU,PXT, and ARX are all getting pummelled in the early trading today. Is this a buying opportunity or an early sign of disenchantment with oil. Is this just a side effect of the SVB failure?

Q: hi, can you please advise (if not already asked) analysis on these companies most recent 1/4 and FY results.
AT seems to have had increased revenues but profits are lacking vs comparable results, IMO.
PXT looks like it is firing on all cylinders (political risk aside) and the increased dividend seems to reflects that.
TOY seems to have mixed results again.

Any released forward looking statements concern you?

Are any of these adds/buys in today's market? I own about 2% each of all 3 in a diversified account.

Cheers,
Steve

Q: Kindly comment on the PXT result for 2022 just released, the positives and negatives. Also the future guidance looking ahead. Thanks.

Q: I know these companies vary a lot on the risk spectrum (CNQ likely being the safest and PXT the riskiest due to geopolitical risk), but if oil prices stay relatively high for the next couple years (let's say averaging at least $70), how would you rank the following stocks at current prices for potential total return: CNQ, TVE, IPCO, PXT?

Q: My two underperforming energy E&P stocks are CNE and PXT. Both seem restrained by their activity in Columbia, with the hostile new prez and increased taxation. What I think I know is as follows:

CNE is primarily nat gas, provides decent production reports and projections and is working to supply more regions via a pipeline project, paid for by and built by a Chinese partner, and scheduled for operation by 2024. CNE has more debt than peers, but largely at a fixed rate until 2028. Notwithstanding that they trade at 1.52XCF, yield >10%, have reduced their share count steadily through modest buy-backs and have optimistic guidance, the stock has steadily fallen to the point that I’m now down 43%! Thus, I could exploit a loss.

I’m still up somewhat on Parex, which has great financials and outlook, and seems widely loved by analysts, though this is not reflected in the recent price action. Parex is primarily oil, but in their most recent report, they note Columbia’s growing demand for nat gas and say that they plan to do more in that direction – supporting what Canacol has said. I have a modest gain on Parex, though the stock has performed poorly relative to its Canadian-based peers – thus no tax loss to be harvested, and delaying a sale until after tax loss season could be contemplated.

Am I missing something about one or both of these companies, or are they just mispriced? Sell CNE now and PXT later, or hold on?

Q: Thank you for your response on CNQ vs GXE. I omitted one other potential and would like your comparison between CNQ, GXE, AND PXT. I know Parex carries some political risk but I am looking for yield (Diversified RIF) while retaining oil exposure. Figuring out risk/reward here.

Thanks!

Q: I wish to add more energy stocks to my portfolio for diversification. I have ENB and SU. I am thinking of adding GXE, PXT & TOU, all three seem to have very low or no debt, and either PPL or TRP. All for a 5-year hold. I do enjoy the high dividend yield but would still wish to have some growth and safety. Please feel free to add or remove any from my list of your choice, rank them from the best to the least, and each with a reasonable entry price. How long of a time frame would you recommend to spread over the additions?

Thank you again for your insight.
Roger

Q: Taxes on share buybacks..The govt. is proposing to tax buybacks.. which companies do you think will get affected? What are your thoughts on this. Thanks.

Shyam

Q: PXT last reported its earnings the week before. Kindly comment on its results and forward guidance. As well, are there any reason for the weakness in share price lately, especially yesterday which slid down by 5%, right from the opening bell. I'm looking for tax losses for 2022 and PXT seems to have jumped to the forefront at this point. Thanks.