Investment Q&A

• Advantage Energy Ltd. (AAV $10.30)
  • $10.30 P/E (TTM): 34.9X Cap: $1.69B
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• Birchcliff Energy Ltd. (BIR $6.51)
  • $6.51 P/E (TTM): 26.71X Cap: $1.79B
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• Kelt Exploration Ltd. (KEL $10.21)
  • $10.21 P/E (TTM): 33.17X Cap: $1.99B
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Q: Hello Peter,

Even if you have consistently maintained not to buy a stock in the hope of a takeover; I am tempted to dabble in the Canadian energy sector. The three mentioned here were your suggestions as a response to a query yesterday. I am considering all of them
My question-- would you not invest in anyone of the lot with the assumption that they are not takeover target?
Regards.

Upvote 3

Read Answer Asked by Rajiv on May 01, 2026

• Advantage Energy Ltd. (AAV $10.30)
  • $10.30 P/E (TTM): 34.9X Cap: $1.69B
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• Birchcliff Energy Ltd. (BIR $6.51)
  • $6.51 P/E (TTM): 26.71X Cap: $1.79B
  • View BIR Profile
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• Kelt Exploration Ltd. (KEL $10.21)
  • $10.21 P/E (TTM): 33.17X Cap: $1.99B
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Q: with the takeover of Arc by shell, I am wondering if other Montney operations become targets. How would you rate these three or are there others you could mention?

Upvote 6

Read Answer Asked by hal on April 29, 2026

• Birchcliff Energy Ltd. (BIR $6.51)
  • $6.51 P/E (TTM): 26.71X Cap: $1.79B
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Q: Why is BIR crashing? Should I add?

Upvote 2

Read Answer Asked by Patrick on April 13, 2026

• Enbridge Inc. (ENB $74.50)
  • $74.50 P/E (TTM): 22.74X Cap: $162.58B
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• ARC Resources Ltd. (ARX $31.80)
  • $31.80 P/E (TTM): 14.54X Cap: $17.98B
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• Tourmaline Oil Corp. (TOU $66.89)
  • $66.89 P/E (TTM): 91.6X Cap: $25.97B
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• Advantage Energy Ltd. (AAV $10.30)
  • $10.30 P/E (TTM): 34.9X Cap: $1.69B
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• Birchcliff Energy Ltd. (BIR $6.51)
  • $6.51 P/E (TTM): 26.71X Cap: $1.79B
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Q: There appear to be varied opinions on the demand for Canada's future lng demand in the future. The us appears to have the upper hand as far as exporting. Two of the kitimat lng project holdings looking to sell. Your opinion for the next couple years for the above companies. Would you still hold enb as a long term hold?

Upvote 5

Read Answer Asked by kenneth on February 02, 2026

• ARC Resources Ltd. (ARX $31.80)
  • $31.80 P/E (TTM): 14.54X Cap: $17.98B
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• Peyto Exploration & Development Corp. (PEY $25.56)
  • $25.56 P/E (TTM): 12.67X Cap: $5.23B
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• Tourmaline Oil Corp. (TOU $66.89)
  • $66.89 P/E (TTM): 91.6X Cap: $25.97B
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• Whitecap Resources Inc. (WCP $16.08)
  • $16.08 P/E (TTM): 15.56X Cap: $19.51B
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• Advantage Energy Ltd. (AAV $10.30)
  • $10.30 P/E (TTM): 34.9X Cap: $1.69B
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• Birchcliff Energy Ltd. (BIR $6.51)
  • $6.51 P/E (TTM): 26.71X Cap: $1.79B
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• Tamarack Valley Energy Ltd. (TVE $12.83)
  • $12.83 Cap: $6.21B
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Q: Hello, I am considering adding to my oil & gas exposure and of the list which ones have the highest growth potential, a clean balance sheet, and have insiders buying? And, which one(s) would be a take over target or sold?
Thanks
Carlo

Upvote 12

Read Answer Asked by Carlo on December 15, 2025

• Enghouse Systems Limited (ENGH $17.68)
  • $17.68 P/E (TTM): 13.91X Cap: $963M
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• Superior Plus Corp. (SPB $7.46)
  • $7.46 P/E (TTM): 14.53X Cap: $1.63B
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• Birchcliff Energy Ltd. (BIR $6.51)
  • $6.51 P/E (TTM): 26.71X Cap: $1.79B
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Q: Hi 5i,
Presently below water on the 3 above stocks. Would you hold on today for dividend on these and hope they come back or let go for something more promising? What replacements might be better right now? Thanks.
kc

Upvote 7

Read Answer Asked by Keith on November 27, 2025

• Peyto Exploration & Development Corp. (PEY $25.56)
  • $25.56 P/E (TTM): 12.67X Cap: $5.23B
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• Tourmaline Oil Corp. (TOU $66.89)
  • $66.89 P/E (TTM): 91.6X Cap: $25.97B
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• Advantage Energy Ltd. (AAV $10.30)
  • $10.30 P/E (TTM): 34.9X Cap: $1.69B
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• Birchcliff Energy Ltd. (BIR $6.51)
  • $6.51 P/E (TTM): 26.71X Cap: $1.79B
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Q: Hi, I would appreciate if you can provide your recommendations for Natural Gas and why in Canada for 2-5 year time frame.

Upvote 5

Read Answer Asked by Harpinder on September 29, 2025

• ARC Resources Ltd. (ARX $31.80)
  • $31.80 P/E (TTM): 14.54X Cap: $17.98B
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• Peyto Exploration & Development Corp. (PEY $25.56)
  • $25.56 P/E (TTM): 12.67X Cap: $5.23B
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• Tourmaline Oil Corp. (TOU $66.89)
  • $66.89 P/E (TTM): 91.6X Cap: $25.97B
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• Vermilion Energy Inc. (VET $18.40)
  • $18.40 Cap: $2.80B
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• Whitecap Resources Inc. (WCP $16.08)
  • $16.08 P/E (TTM): 15.56X Cap: $19.51B
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• Advantage Energy Ltd. (AAV $10.30)
  • $10.30 P/E (TTM): 34.9X Cap: $1.69B
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• Birchcliff Energy Ltd. (BIR $6.51)
  • $6.51 P/E (TTM): 26.71X Cap: $1.79B
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• Kelt Exploration Ltd. (KEL $10.21)
  • $10.21 P/E (TTM): 33.17X Cap: $1.99B
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• NuVista Energy Ltd. (NVA $19.04)
  • $19.04 P/E (TTM): 11.66X Cap: $3.68B
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• Paramount Resources Ltd. Class A Common Shares (POU $31.09)
  • $31.09 P/E (TTM): 3.51X Cap: $4.50B
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Q: Please rank these natural gas producers from buy, hold and sell and your reasons why.

Upvote 15

Read Answer Asked by Jean on August 25, 2025

• Birchcliff Energy Ltd. (BIR $6.51)
  • $6.51 P/E (TTM): 26.71X Cap: $1.79B
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Q: I have some birchclif. It has not been the best performer over the last couple years. Always waiting for a maybe takeover. Low dividend. Should I be more patient or do you recommend a switch.
Thank you.

Upvote 2

Read Answer Asked by francois on June 16, 2025

• Bank of Nova Scotia (The) (BNS $104.29)
  • $104.29 P/E (TTM): 20.63X Cap: $130.70B
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• Canadian Natural Resources Limited (CNQ $64.75)
  • $64.75 P/E (TTM): 12.36X Cap: $135.06B
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• Great-West Lifeco Inc. (GWO $72.93)
  • $72.93 P/E (TTM): 17.03X Cap: $66.09B
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• CGI Inc. Class A Subordinate Voting Shares (GIB.A $90.48)
  • $90.48 P/E (TTM): 12.12X Cap: $19.43B
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• Constellation Software Inc. (CSU $2,470.95)
  • $2,470.95 P/E (TTM): 72.88X Cap: $52.36B
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• Intact Financial Corporation (IFC $258.08)
  • $258.08 P/E (TTM): 14.13X Cap: $46.10B
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• Canadian Utilities Limited Class A Non-Voting Shares (CU $48.71)
  • $48.71 P/E (TTM): 127.45X Cap: $13.25B
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• Peyto Exploration & Development Corp. (PEY $25.56)
  • $25.56 P/E (TTM): 12.67X Cap: $5.23B
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• WSP Global Inc. (WSP $229.04)
  • $229.04 P/E (TTM): 30.47X Cap: $30.87B
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• Northland Power Inc. (NPI $23.10)
  • $23.10 Cap: $6.04B
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• FirstService Corporation (FSV $174.24)
  • $174.24 P/E (TTM): 41.13X Cap: $8.26B
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• Toromont Industries Ltd. (TIH $217.80)
  • $217.80 P/E (TTM): 35.81X Cap: $17.75B
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• Birchcliff Energy Ltd. (BIR $6.51)
  • $6.51 P/E (TTM): 26.71X Cap: $1.79B
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• Thomson Reuters Corporation (TRI $130.50)
  • $130.50 P/E (TTM): 27.81X Cap: $58.06B
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• Alimentation Couche-Tard Inc. (ATD $79.65)
  • $79.65 P/E (TTM): 20.27X Cap: $73.16B
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• EQB Inc. (EQB $121.26)
  • $121.26 P/E (TTM): 20.8X Cap: $4.54B
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• Olympia Financial Group Inc. (OLY $123.24)
  • $123.24 P/E (TTM): 14.83X Cap: $294M
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• GFL Environmental Inc. subordinate voting shares (GFL $51.42)
  • $51.42 P/E (TTM): 5.36X Cap: $18.80B
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• Topaz Energy Corp. (TPZ $31.54)
  • $31.54 P/E (TTM): 41.14X Cap: $4.83B
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• Topicus.com Inc. (TOI $97.10)
  • $97.10 P/E (TTM): 301.24X Cap: $12.58B
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• Propel Holdings Inc. (PRL $21.90)
  • $21.90 P/E (TTM): 10.89X Cap: $861M
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• Brookfield Corporation Class A Limited Voting Shares (BN $61.24)
  • $61.24 P/E (TTM): 82.26X Cap: $137.53B
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• Brookfield Asset Management Ltd. Class A Limited Voting Shares (BAM $64.83)
  • $64.83 P/E (TTM): 31.42X Cap: $106.20B
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• Lumine Group Inc. (LMN $20.97)
  • $20.97 P/E (TTM): 34.68X Cap: $5.38B
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Q: Hit "enter" to fast on my last question. Looking for some ideas with the understanding you can't offer direct recommendations. I have 40 K to add to my non-reg account. I have full positions in all the pipelines, OLY, GWO, BNS, CU, NPI, BIR, PEY, TPZ, CNQ, PRL and BMO. I have no need for any income for at least five years, not opposed to going overweight if necessary, have lots of higher yielders so would perhaps benefit from some choices with capital gain and dividend growth potential versus just high yield.

Upvote 14

Read Answer Asked by Art on April 30, 2025

• Occidental Petroleum Corporation (OXY $60.27)
  • $60.27 P/E (TTM): 36.47X Cap: $59.76B
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• Canadian Natural Resources Limited (CNQ $64.75)
  • $64.75 P/E (TTM): 12.36X Cap: $135.06B
  • View CNQ Profile
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• Peyto Exploration & Development Corp. (PEY $25.56)
  • $25.56 P/E (TTM): 12.67X Cap: $5.23B
  • View PEY Profile
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• Tourmaline Oil Corp. (TOU $66.89)
  • $66.89 P/E (TTM): 91.6X Cap: $25.97B
  • View TOU Profile
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• Birchcliff Energy Ltd. (BIR $6.51)
  • $6.51 P/E (TTM): 26.71X Cap: $1.79B
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• Chord Energy Corporation (CHRD $149.25)
  • $149.25 P/E (TTM): 210.23X Cap: $8.46B
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Q: I own CNQ (largest position), OXY, and CHORD in my trading accounts. I am down quite a bit in CHORD since the Enerplus merger.

I don't really have that much exposure to natural gas stocks at the moment. Would it make sense to sell CHORD, claim a capital loss, and buy something like PEY, TOU, or BIR?

Upvote 4

Read Answer Asked by Ed on March 28, 2025

• Birchcliff Energy Ltd. (BIR $6.51)
  • $6.51 P/E (TTM): 26.71X Cap: $1.79B
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Q: Good morning,
Gladly Bir is high today, any reason ?
Thank you

Upvote 3

Read Answer Asked by Filip on March 13, 2025

• Birchcliff Energy Ltd. (BIR $6.51)
  • $6.51 P/E (TTM): 26.71X Cap: $1.79B
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Q: I picked up a 2/3 position in the year-end selloff. I am up generously (for gas stocks), and now, with the earnings release, is it time to buy more?

Upvote 3

Read Answer Asked by Gerald on February 14, 2025

• Peyto Exploration & Development Corp. (PEY $25.56)
  • $25.56 P/E (TTM): 12.67X Cap: $5.23B
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• Tourmaline Oil Corp. (TOU $66.89)
  • $66.89 P/E (TTM): 91.6X Cap: $25.97B
  • View TOU Profile
  • View Questions on TOU
• Advantage Energy Ltd. (AAV $10.30)
  • $10.30 P/E (TTM): 34.9X Cap: $1.69B
  • View AAV Profile
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• Birchcliff Energy Ltd. (BIR $6.51)
  • $6.51 P/E (TTM): 26.71X Cap: $1.79B
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Q: Can you please provide two or three of the best Canadian natural gas producers. Also if there is an etf available please include that.
Happy New Year

Upvote 7

Read Answer Asked by mitchell on December 31, 2024

• ARC Resources Ltd. (ARX $31.80)
  • $31.80 P/E (TTM): 14.54X Cap: $17.98B
  • View ARX Profile
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• Tourmaline Oil Corp. (TOU $66.89)
  • $66.89 P/E (TTM): 91.6X Cap: $25.97B
  • View TOU Profile
  • View Questions on TOU
• Birchcliff Energy Ltd. (BIR $6.51)
  • $6.51 P/E (TTM): 26.71X Cap: $1.79B
  • View BIR Profile
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• Topaz Energy Corp. (TPZ $31.54)
  • $31.54 P/E (TTM): 41.14X Cap: $4.83B
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Q: All went way up today big time. Your ideas. Cheers

Upvote 4

Read Answer Asked by kenneth on December 30, 2024

• Pine Cliff Energy Ltd. (PNE $0.64)
  • $0.64 Cap: $229M
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• Peyto Exploration & Development Corp. (PEY $25.56)
  • $25.56 P/E (TTM): 12.67X Cap: $5.23B
  • View PEY Profile
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• Birchcliff Energy Ltd. (BIR $6.51)
  • $6.51 P/E (TTM): 26.71X Cap: $1.79B
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Q: I'm looking to add some shares of PEY for more exposure to natgas with a good yield. The price has done quite well lately and I'm hesitant to buy in. I'm wondering if I should pick something else that's been a bit more beat up like BIR, or PNE. I'm a younger (39) long term investor living off of yield.

Upvote 4

Read Answer Asked by Robert on December 09, 2024

• Advantage Energy Ltd. (AAV $10.30)
  • $10.30 P/E (TTM): 34.9X Cap: $1.69B
  • View AAV Profile
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• Birchcliff Energy Ltd. (BIR $6.51)
  • $6.51 P/E (TTM): 26.71X Cap: $1.79B
  • View BIR Profile
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• Kelt Exploration Ltd. (KEL $10.21)
  • $10.21 P/E (TTM): 33.17X Cap: $1.99B
  • View KEL Profile
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Q: Please rank these,best first.Any you would not purchase?Three year hold. Thanks.

Upvote 2

Read Answer Asked by Maurice on December 09, 2024

• Birchcliff Energy Ltd. (BIR $6.51)
  • $6.51 P/E (TTM): 26.71X Cap: $1.79B
  • View BIR Profile
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Q: Hi,
I am holding BIR for quite a while and do believe that it will have good upside in 2025 with LNG.. is it still a hold ,buy or sell ? I think it is only a temporary event
I appreciate your opinion,
Thank you

Upvote 6

Read Answer Asked by Filip on November 19, 2024

• ATS Corporation (ATS $43.74)
  • $43.74 Cap: $4.28B
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• Birchcliff Energy Ltd. (BIR $6.51)
  • $6.51 P/E (TTM): 26.71X Cap: $1.79B
  • View BIR Profile
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• Premium Brands Holdings Corporation (PBH $83.23)
  • $83.23 P/E (TTM): 57.89X Cap: $4.34B
  • View PBH Profile
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• Payfare Inc. Class A Common Shares (PAY $4.00)
  • $4.00 P/E (TTM): 13.79X
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• ADF Group Inc. Subordinate Voting Shares (DRX $10.78)
  • $10.78 P/E (TTM): 10.3X Cap: $294M
  • View DRX Profile
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• Headwater Exploration Inc. (HWX $13.26)
  • $13.26 P/E (TTM): 21.02X Cap: $3.19B
  • View HWX Profile
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• Celsius Holdings Inc. (CELH $33.57)
  • $33.57 P/E (TTM): 134.92X Cap: $8.66B
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• Nextpower Inc. (NXT $116.93)
  • $116.93 P/E (TTM): 30.67X Cap: $17.80B
  • View NXT Profile
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Q: Greetings. I'm considering some fall cleaning and would value your opinion on each of these (currently underwater) listed stocks. Hold or toss over the side and go trolling for more profitable opportunities? Thanks for your response.

Upvote 9

Read Answer Asked by Stefan on October 23, 2024

• Enbridge Inc. (ENB $74.50)
  • $74.50 P/E (TTM): 22.74X Cap: $162.58B
  • View ENB Profile
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• Fortis Inc. (FTS $77.51)
  • $77.51 P/E (TTM): 22.28X Cap: $39.46B
  • View FTS Profile
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• Brookfield Renewable Partners L.P. (BEP.UN $44.56)
  • $44.56 Cap: $30.84B
  • View BEP.UN Profile
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  • View Reports on BEP.UN
• Tourmaline Oil Corp. (TOU $66.89)
  • $66.89 P/E (TTM): 91.6X Cap: $25.97B
  • View TOU Profile
  • View Questions on TOU
• Birchcliff Energy Ltd. (BIR $6.51)
  • $6.51 P/E (TTM): 26.71X Cap: $1.79B
  • View BIR Profile
  • View Questions on BIR
• BMO Covered Call Utilities ETF (ZWU $11.95)
  • $11.95 P/E (TTM): 16.33X Cap: $2.16B
  • View ZWU Profile
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• Brookfield Infrastructure Corporation (BIPC $37.09)
  • $37.09 Cap: $4.97B
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Q: Would you consider ZWU to be a reasonable replacement for the following equities in a RIF ?
BEP.un, BIPC, BIR, ENB, FTS, TOU
Please give Risk assessment 1 (low) out of 10 (high). Other suggestions/comments appreciated ?

Upvote 9

Read Answer Asked by Alexandra on September 16, 2024