Q: Peter; Is ERF mainly a gas or oil producer? Thanks. Rod
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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: Opinion
- CWC Energy Services Corp. (CWC)
- Suncor Energy Inc. (SU)
- Canadian Natural Resources Limited (CNQ)
- Crescent Point Energy Corp. (CPG)
- Vermilion Energy Inc. (VET)
- Whitecap Resources Inc. (WCP)
- Enerplus Corporation (ERF)
- Surge Energy Inc. (SGY)
- TORC Oil & Gas Ltd. (TOG)
- Cardinal Energy Ltd. (CJ)
Q: Assuming $80.00 +- oil which of the above might do best. please add any stock you think would fit the theme.
thanks
Yossi
thanks
Yossi
Q: Please evaluate ERF in light of their latest financial report. I AM CONSIDERING BUYING WOULD YOU ??
Thanks
Yossi
Thanks
Yossi
- Marathon Petroleum Corporation (MPC)
- Suncor Energy Inc. (SU)
- Seven Generations Energy Ltd. class A common shares (VII)
- Vermilion Energy Inc. (VET)
- Whitecap Resources Inc. (WCP)
- Enerplus Corporation (ERF)
- Surge Energy Inc. (SGY)
- Tamarack Valley Energy Ltd. (TVE)
- Cardinal Energy Ltd. (CJ)
Q: amusing oil and N/g priced stay in the current range ( +- 5%) Which of the above have most upside in share price (most first) could you comment on each briefly.
thanks
thanks
Q: Enerplus is issuing an initial offering at $4. It is trading today at $4.28 (dividend2.82%). For a 5 year horizon, would you suggest buying at the $4?
Thank you for your excellent advice.
Thank you for your excellent advice.
- ARC Resources Ltd. (ARX)
- Tourmaline Oil Corp. (TOU)
- Enerplus Corporation (ERF)
- Canacol Energy Ltd. (CNE)
Q: I have losses on ERF and ARX, thinking of switching them to one or combination of CNE, SU and TOU or any suggestion you may have for less risk and better recovery. Your opinion please. Thanks
Q: Some analysts give ERF a valuation half that of Arc and Peyto. Why is market giving such a low value to this company that has such low debt and decent dividend/payout ratio?
Thank you.
Thank you.
Q: Hello and thank you for the great advices as always! In a locked-in RSP, about 10% of my portfolio is exposed to oil&gas since I bought WCP, ERF, BIR, TOG AND VII in the big drop of March. Although I am Extremely happy with the run up so far, I've started to add stop limits to TOG, BIR and VII as I am A) scared of another downturn in the second half of 2020 (COVID related risks and current valuations) and B) I've also noted from reading the Q&A section that 5i isn't particularly bullish on oil short term and that you often categorize these companies as not a ''must have'' for the sector.
1) I haven't been able to get myself to think of selling or putting a limit on WCP. I know you aren't too much excited about the company, but I am emotionally attached to it. One of my best play. Love their Greener-ish Footprint. Love the monthly dividend(DRIP). Love that the operations are located in Canada. I think it will be a good consolidator (Manulife's NAL resources for a start). What's your view on the company today and would you consider my sentiment for the company irrational (or financially dangerous)? I've seen 5i recommend VET over WCP, but I don't understand why. I find VET very disappointing this year, not well paid to wait and its geographic dispersion a headache.
2) Similar story about ERF. They have one of the stronger balance sheet for the sector I hear and wanted your take as well on the company as of today. I found their planned approach for the future a little too conservative on their latest earning call. My two fears with them is that they are a much smaller player and with the US elections coming up, their Dakota operations are stressing me more especially with Biden's statements on energy.
3) I hold some Suncor&CNQ in other accounts and I will eventually reduce my total exposure to the sector, but for fun's sake : If you could only keep one position between ERF and WCP (drip active) for the next 5-10 years, which one would it be and why?
Thank you very much again for the help and the great service.
- Michael
1) I haven't been able to get myself to think of selling or putting a limit on WCP. I know you aren't too much excited about the company, but I am emotionally attached to it. One of my best play. Love their Greener-ish Footprint. Love the monthly dividend(DRIP). Love that the operations are located in Canada. I think it will be a good consolidator (Manulife's NAL resources for a start). What's your view on the company today and would you consider my sentiment for the company irrational (or financially dangerous)? I've seen 5i recommend VET over WCP, but I don't understand why. I find VET very disappointing this year, not well paid to wait and its geographic dispersion a headache.
2) Similar story about ERF. They have one of the stronger balance sheet for the sector I hear and wanted your take as well on the company as of today. I found their planned approach for the future a little too conservative on their latest earning call. My two fears with them is that they are a much smaller player and with the US elections coming up, their Dakota operations are stressing me more especially with Biden's statements on energy.
3) I hold some Suncor&CNQ in other accounts and I will eventually reduce my total exposure to the sector, but for fun's sake : If you could only keep one position between ERF and WCP (drip active) for the next 5-10 years, which one would it be and why?
Thank you very much again for the help and the great service.
- Michael
Q: Do you have any idea what is happening to ERF stock on Monday. Close to 12% drop mid-morning. High volume. No news that I could find. Thanks.
- Canadian Natural Resources Limited (CNQ)
- ARC Resources Ltd. (ARX)
- Enerplus Corporation (ERF)
- Freehold Royalties Ltd. (FRU)
Q: Hi, if i want some canadian exposure to energy, do you believe I should take a basket approach ? Like I buy an equal position in those 4 stocks ? Do you think it could offer wide appreciation potential ? If you have a better suggestion or other stocks to propose, feel free. Thanks !
Q: ..what do you think of ERF today? if betting on a oil recovery, would you prefer a basket of smaller producers or just stick with CNQ and SU? thanks.
- Canadian Natural Resources Limited (CNQ)
- Crescent Point Energy Corp. (CPG)
- Enerplus Corporation (ERF)
Q: Thoughts on these 3 oil and gas producers? Is it time to pick away at them?
Q: With the recent weakness, I am considering averaging down my cost of ERF. It is currently .5% of my portfolio. What do think ?
- Apple Inc. (AAPL)
- Enbridge Inc. (ENB)
- Cenovus Energy Inc. (CVE)
- Whitecap Resources Inc. (WCP)
- Enerplus Corporation (ERF)
Q: I am interested in your view on the best strategy for selling stocks to raise cash in a non-registered account. I am looking to sell 1% of my total portfolio, and my thinking is to either A) take this out of one or both of two stocks that are the largest (each about 5%) weighting in my portfolio or B) sell my least favourite, lowest weighting, stocks (energy producers) with 3 stocks comprising 3% total weighting.
With option A) I could pare one of my largest holdings back to 4% or both of them back to 4.5%. One stock is ENB, in which I have a 30% gain and the other stock is AAPL, in which I have a 350% gain. ENB pays a 6% dividend, which I am reluctant to lose, and which benefits from the dividend tax credit. AAPL pays a 1% dividend, which is fully taxable and easier to give up, but I will have to pay a sizeable capital gains tax. I have no stocks with losses that I can sell to offset the gains. You have always advocated hanging onto winners, and both of these stocks are "winners" in a way, one for income and the other for growth.
With option B) I could sell half my energy producer holdings. I bought the energy stocks as a "lottery ticket," expecting at least a double if and when energy prices rebound. I hold CVE (up 25%), ERF (breakeven) and WCP (up 32%). They are roughly equal weight, so I could achieve my goal of selling 1% of my portfolio by selling just one of these three stocks.
Which stock(s) would you recommend I sell and why?
With option A) I could pare one of my largest holdings back to 4% or both of them back to 4.5%. One stock is ENB, in which I have a 30% gain and the other stock is AAPL, in which I have a 350% gain. ENB pays a 6% dividend, which I am reluctant to lose, and which benefits from the dividend tax credit. AAPL pays a 1% dividend, which is fully taxable and easier to give up, but I will have to pay a sizeable capital gains tax. I have no stocks with losses that I can sell to offset the gains. You have always advocated hanging onto winners, and both of these stocks are "winners" in a way, one for income and the other for growth.
With option B) I could sell half my energy producer holdings. I bought the energy stocks as a "lottery ticket," expecting at least a double if and when energy prices rebound. I hold CVE (up 25%), ERF (breakeven) and WCP (up 32%). They are roughly equal weight, so I could achieve my goal of selling 1% of my portfolio by selling just one of these three stocks.
Which stock(s) would you recommend I sell and why?
- Cenovus Energy Inc. (CVE)
- Crescent Point Energy Corp. (CPG)
- ARC Resources Ltd. (ARX)
- Tourmaline Oil Corp. (TOU)
- Seven Generations Energy Ltd. class A common shares (VII)
- Vermilion Energy Inc. (VET)
- MEG Energy Corp. (MEG)
- Parex Resources Inc. (PXT)
- Whitecap Resources Inc. (WCP)
- Baytex Energy Corp. (BTE)
- Enerplus Corporation (ERF)
- Kelt Exploration Ltd. (KEL)
- NuVista Energy Ltd. (NVA)
- Surge Energy Inc. (SGY)
- TORC Oil & Gas Ltd. (TOG)
- Tamarack Valley Energy Ltd. (TVE)
- Yangarra Resources Ltd. (YGR)
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.
- Suncor Energy Inc. (SU)
- Husky Energy Inc. (HSE)
- Cenovus Energy Inc. (CVE)
- ARC Resources Ltd. (ARX)
- Whitecap Resources Inc. (WCP)
- Enerplus Corporation (ERF)
- Surge Energy Inc. (SGY)
- TORC Oil & Gas Ltd. (TOG)
- Gran Tierra Energy Inc. (GTE)
- High Arctic Energy Services Inc. (HWO)
- STEP Energy Services Ltd. (STEP)
Q: I have positions in these companies way way under my cost. Looking for a strategy to capture some tax loss without giving up completely in allocation in case of oil turnaround. Consolidation in less number of stocks that represents the best potencial is an option or selling all of them and buying two or three different companies is another option. Appreciate any suggestion. Thanks for your help.
Q: Wondering what your picks for "popular" stocks that might get hammered the most by tax-loss selling this year , a few that I have in my portfolio for suggestions but hoping not of course .. NFI , ERF , VET ?
Thanks ,
Chris
Thanks ,
Chris
Q: Can you suggest any companies in the energy sector that have a (very) solid balance sheet, are paying a dividend, and are growing or keeping their production constant ? I'm seeing lots of high dividends (Surge, Whitecap), but both of those still carry a fair amount of debt.
- Suncor Energy Inc. (SU)
- Imperial Oil Limited (IMO)
- TC Energy Corporation (TRP)
- Husky Energy Inc. (HSE)
- Cenovus Energy Inc. (CVE)
- Crescent Point Energy Corp. (CPG)
- Methanex Corporation (MX)
- Vermilion Energy Inc. (VET)
- Enerplus Corporation (ERF)
Q: I am trying to clean up my Energy sector. I have the following: CPG, CVE, ERF, HSE, IMO, SU, TRP, VET, MX Could you please place them in order, starting with first to sell.
Also, could you please let me know which companies I should buy with the proceeds. I have a very long timeline, and I feel that companies that are rather low right now may jump a fair bit when the price of oil rebounds.
If there are any other companies that you would suggest to buy, please include them as well.
Thank you once again,
Fed
Also, could you please let me know which companies I should buy with the proceeds. I have a very long timeline, and I feel that companies that are rather low right now may jump a fair bit when the price of oil rebounds.
If there are any other companies that you would suggest to buy, please include them as well.
Thank you once again,
Fed