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Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: I hold Crescent Point Energy, Inter Pipeline, and Parkland Fuel. With the volatility in oil prices the past few weeks all three are generally moving relative to movements in the oil price. This makes sense for CPG and IPL as they will be directly affected by lower oil prices and related volumes. However I'm not sure why PKI would be so closely tied to oil prices as they are a distributor and presumably lower fuel prices may actually cause an increase in consumption. Do you have any thoughts?
Read Answer Asked by Brian on November 27, 2014
Q: 4:01 PM 25/10/2014
Hello Peter
I am interested in Parkland Industries PKI. They recently bought Pioneer and I wonder what they actually bought. Did they get freehold ownership of all the gas stations? Do they own all the convenience stores? Are the Convenience stores run by contractors? What do you think of the potential of this aquisition looking ahead a few years? I wonder why Alimentation Couche Tard didn't buy Pioneer as it would seem to fit their model. Did Parkland just get lucky? And finally what do you think of Parkland as a long term investment for both growth and dividend?
Thank you Paul K
Read Answer Asked by Paul on October 27, 2014
Q: hello Peter:
last question about 2 months ago, last report in 2012.
PKI: I have a small postition (about 2% of portfolio) and was looking at deploying some cash. How does this look from a GARP perspective, and how does it look to you from your perspective? The dividend is attractive and I am of the belief that dividends will mean more and more going forward, in a lower growth environment. Do you agree with the latter statement?
Read Answer Asked by Paul on July 02, 2014