Investment Q&A

Q: For tax loss reasons I would like to replace Whitecap, looking for a recommendation or two in the energy sector, with total return in mind, including a minimum 3% dividend. I also own SGY, VET, BEP.UN, KWH.UN and PKI and SPB. Thanks for the great service, I'm a very happy customer.

Q: I am a retired, conservative dividend-income investor with a company pension, CPP, annuities, Fisgard Capital and the following equities:
1. 17% Mutual funds (RBC Cdn Equity Income, Sentry Cdn Income, Sentry REIT)
2. 10% ETFs (ZLB, XIT, ZWE)
3. 41% stocks (listed above)
4. 32% fixed income (annuities, Fisgard, but not including my pension nor CPP).

I plan to reduce my Sentry Cdn Income holding from 9% to 5% and purchase ZWC. The benefits would be a) saving $1k in hidden MER fees, b) receiving an extra $1k in dividends and c) a better asset allocation. I like the covered call strategy that ZWC provides, as well as the 30 companies inside the ETF.

Question = is this the right ETF product? Are there other Canadian Covered Call ETF choices that offer this diversified asset mix that I should consider? Are their other ETFs that have slightly less financials, less utilities, and more industrials that would result in a better asset allocation for me?

Thanks for your help...Steve

Q: Hi Peter and Staff
I have a very small weighting in oil and gas and would like to increase it slightly with 1 more name. The two that I own so far are PEY and VET . If I will own 3 for a long term hold ,total return, dividends and capital gains, are those two fine to be 2 of the 3.
If so, please recommend one of the following with your reasoning to add. If you would drop PEY or VET in order to have 2 of the ones listed below, please advise

CNQ,FUR,RRX,SU,TOG or WCP

Thanks for all you do
Dennis

Q: What Oil stock would you recommend?

Q: I would like to top up one of these 4 stocks and would appreciate your opinion on best buy at this time. Please rank best to worst with an explanation.
Thanks for the great advice.

Q: Good afternoon,
I need to sell some losers in a taxable account. I have had WCP for a long time and would like to sell to capture a loss. Could you comment on replacing it with RRX immediately to maintain exposure to energy, or would I just wait the 30 days and re-buy WCP.
Thanks as always.
Ted

Q: energy.
which 7 names in the energy sector would you recommenced should the sector begin to recover. ( oil $55 ish ) NG $3.50 ish
criteria :
leverage
reasonable balance sheet
good management
good future prospects .

Would you agree that; there might be a strong spring like bounce as many will buy, who are waiting for a recovery and have no or a very small position.
thanks
Yossi

Q: Please provide your top 3 picks in the energy sector for growth and also 3 for dividend amount and stability.

Q: Hi Peter & Ryan
In your collective opinion what would push Vet down and not WCP
I owned vet for some time and feel it is solid due to its international exposure but I think I am wrong .
I am down 10% and wonder if I should cut my losses and move on.
Kind regards
Stan

Q: Can you comment on Whitecaps earnings?

Q: I hold approx 5% of my portfolio in O&G, and this is split 60/40 between Imperial Oil/Whitecap. Historically, I have found IMO relatively safe. However, with IMO now at a disappointing 5 year low, would you recommend selling it and replacing it with either more WCP or with another O&G such as SU or CNQ? Thank-you.

Q: Encana has been steadily climbing this month. Is it worth taking a small position?
WCP has held it's own YTD, but not TOG. I am still under by a small %. Should I sell TOG and add to WCP?

Thanks!

Q: Whitecap is back down around its 52 week low after dropping 7% the past two days. Is this just another over-reaction with crude dropping? Or has there been any other news regarding WCP the past couple days?

Q: I am retired living off my income from dividends.
I am down approx. 30% in each of these energy stocks. I am considering averaging down in WCP, TOG and CPG. I am aware that I am betting on O&G recovering somewhat, but the prices look attractive. Can you rate from best to worst? Are there any red flags on the balance sheets of the three?
I am considering selling HSE as they cut the dividend. Would you recommend I put the proceeds into the best of the other 3? Or invest in a more stable integrated such as SU?

Q: Could you please provide the names of a couple of small cap and mid cap Canadian heavy oil producers which show good growth potential and are relatively strong financially.
Thanks, Rick

Q: Any risk of Whitecap cutting the dividend? I am considering buying it back for the dividend and potential growth. Would you prefer VET instead?
Thanks for the great service.

Q: Looking to add to my oil exposure. Outlook is 5 years+ for investments. How would you rank these companies today based on valuations if oil would be at $60 down the road.

Q: Am looking over your 3 portfolios to fill some holes in my portfolio.The above 6 in your portfolios have not done well and I was wondering what is your reason for keeping them.Maybe they are all buying opportunities or are there better alternatives?

Q: I'm considering buying Surge Energy on the recent weakness. What are your thought? I like the dividend. But, what are the prospects for recovery on stronger oil prices? Is there a company you think presents a better opportunity at today's prices?

Q: With oil down, what would be your top picks for a rebound when oil picks up, without being too leveraged? I was thinking of Cardinal, with its nice yield (do you think it will need to be cut?) I already have some Spartan, but it seems to be a well run company. Other choices that are on sale? Thanks.