Investment Q&A

Q: Hi gang,
Looking into buying energy stocks. Can you please recommend 3 oil stocks, 3 gas stocks and 3 mix oil and gas 50/50.
Thanks. Alnoor

Q: Good Day 5i team!

My question is around DRX and your thoughts around taking a bigger position? The stock has had a good run, has work in the pipeline and will likely gain some traction fueled by high-rise residential and infrastructure work. Next TVE, which I hold a small position in my RRSP and am thinking about adding more. Mostly due to the dividend and that energy should be a growth area in the coming years.

Thank you so much for all your efforts in adding clarity to this crazy world of investing!

Q: Good morning all
TVE has been rising nicely. Do you still see this as a buy, if not is there another oil/energy company you would recommend for growth.

Q: Greetings:
Yesterday, March 25 you gave a good rundown on Tve in answer to a question from Norwood. I bought 1850 shares on March 7, 2023 @ 4.11. The reports by 5i and others at that time were very encouraging, as they are today. It went down and stayed there all year, until very recently. It is cheap compared to some other oil names-- Agree or no?. I am interested in buying more but need your opinion. The other very important matter is from Ink Research who today reports that there is a short squeeze on TVE. Could you please provide the % of shorts? Doesn't it seem odd that there would be a short squeeze. ? If you agree, would it be better to wait until it settles down? I await your valued input. With thanks, Ben.

Q: The buyback program was started on January 2024. Do you see the dividend raising too. Does it have a strong natural gas play to enhance their revenue once the natural gas price increase. Will Transmountain pipeline and LNG pipeline comes on line will increase their revenue. All the points I mention above, will the stock have a re-rating.

Q: your view on hwx news, recent target drop on tve, and comment on bte please
consider this 3 questions.
thank you

Q: Hi Team

I own ath bte tve, I bought them during the dark days of the oil patch, my big purchase was ath, I averaged down from
$ .60 to $.12, at the bottom I thought it was over, anyways as the price moved up I starting selling, just happy to escape with my life. I have a little left, but as it has gone up so much I don't think there is more upside left in another stock, thinking about buying more tve or bte, what do you think, or do you have other oil's that have decent upside?

thanks

Q: Hi 5i,
I'm looking for guidance respecting TVE, which I've owned for quite a long time. I feel my investment is basically near dead money, treading water just to stay afloat - but I freely admit I'm not knowledgeable enough about the O&G world to properly analyze future prospects of a company based on amount and location of reserves, BOE/day etc. etc.
I've read your answers to recent past questions about TVE, and know you think it's a takeover candidate, with the acquirer paying around a30% premium.
CIBC has a target price on the stock of $4.50. Morningstar's fair value is $4.89 and CFRA rates it a strong sell with every criterion it applies being negative, except valuation which it pegs at "neutral". National Bank meanwhile rates it an outperformer with a target of $6.50. So it seems those experts are pretty much all over the map. Meanwhile all I know for a fact from my personal involvement is that TVE has done precious little to reward shareholders either in terms of capital appreciation or dividends (compared to others out there like WCP et al) for quite some time. Even having bought and held since April of 2020 hasn't led to much compared to many others in the sector.
After that longwinded preamble my questions are:
- Am I justified in thinking that the likelihood of meaningful capital appreciation and/or dividend returns in the next year or so is quite remote, and
- Based on your experience what would an acquirer pay for outstanding shares? Would it be the 30% premium you mentioned in a previous answer, so about $4.55/share or have I misunderstood you?
My inclination is to sell and be done with it because I don't see any light at the end of the tunnel except the speculative chance of TVE being acquired and there are lots better places to put one's TFSA money.
I would sure appreciate your thoughts.
Thanks,
Peter

Q: Hi folks, opinion on FY23 & Q4 results for Tamarak tve/t....Q4 seems greatly improved operational results, and nice paydown in debt....Buy/Hold/Sell....thanks as always, jb Piedmont QC

Q: Hi 5i
WRT howards question on takeover targets, what percentage would you expect to effect a successful acquisition of either of these two....how would determine this, back of envelope calculation?

What was the chord offer for ERF

Thx

Q: following chord buyout enerplus and several 2023 deals can you suggest/speculate
possible future targets , i am thinking wcp, tve, bte.
thank you

Q: With the prices of some oil stocks down significantly in the past 6 months, do you think that some of the larger companies (SU, CNQ, etc) would want to take over some of the smaller players at a nice discount? A bit speculative, but can you identify some of the smaller takeover candidates?

Q: Hi. I have an RESP for three grandkids, ages 5, 7 and 9. Current holdings that I'm underwater on are: AEM, BCE, BN, NTR and TVE along with these: ARX, BAM, CSU, ENB, RY, TD and TOU. I'd appreciate your overall comments on account re sector allocation and any obvious sells. As well, I'd like suggestions on how to deploy $7000 cash. Thx.

Q: I own these energy stocks and some are on the plus side and others are on the losing side. I've been waiting for quite some time for the Chinese economy to take off, but it seems to go nowhere ? I would like to trim some of my holdings. Please place them in order of what you would keep down to some you would let go. Maybe you could code them as 10 being the best and 1 as being the worst. Thanks.

Q: Hi,

These are some names that I hold that are smaller weights in my portfolio (<2%) and I would like to add to my positions. From comments, I think all of them are solid going forward and some have run hard, such as HPS.A, TVK, CRWD...The thing I've struggled with before is adding to names at the wrong time after they've had a good run and then the market turns and your gains turn into losses. How do you approach these situations and when do you decide to add to a starter position.

Would you be comfortable adding to any of these names at the current prices and can you rank which ones you would add to first?

With the market at record levels, I'm a bit more gun shy of doing so but I think on any market pullback, I would add to any of these names. Would you agree?

I remember a question you answered recently about increasing the avg. cost base vs the % of the position when adding. So for example, I bought HPS.A at $50 and now its $93 for a nice gain, however it's only 1.5% of my portfolio now. So if you are comfortable with a 3% position, do I just add now to get to that 3% even with the run that its had? Or wait for a nice pullback, which of course is impossible to predict. I try not to anchor prices and of course the buyers today are forward looking and expect good things to continue. How do you approach this? Thanks!

Q: I am down $6,200.00 on TVE.
Is this a hold? do you see a recovery or should I move on? I currently own 7 other energy stocks.

Q: A family member entering post-secondary school owns these stocks in their TFSA on an approximate equal weighting of $4,000. They have $8,000 to contribute and invest this fiscal.

The objective is growth with some risk; maintenance of capital is a secondary objective.

If allocating in $4,000 increments would you add to one or more of the existing investments or are there one or two you think would be better suited to a young investor over a 3 - 5 year investment horizon?

Thanks so much.

Q: Looking to add 2-3 names of the above small caps to my TFSA this month.With the exception, of LMN and GLXY all are down substantially. Question. Which have the biggest up side in 2024, for a long term hold. Please rate them 1-8 with short comments for growth and safety,

Q: Would you be a buyer of TVE today?

Thanks

Q: If things get worse in the Middle East and Oil goes up $ 40.00 to $ 120.00 a barrel what are best 5 Canadian Oil Companies to BUY

I own ATH and it performs well. What do you think of ATH ?

Let me know your top 5 under these circumstances or global ?

I agree with Mark Twain all months are difficult

bob

RAK