Investment Q&A

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: I have no metals and little resources in my portfolio. For a one or two year hold, would you recommend any of these and why? or is there something you like better?

Q: Hello team.

Which company would you prefer for long term hold?
Taking in to consideration the volatility of oil prices going forward
and the likely hood of increasing dividends. I do not own any senior Canadian oil producers, and i am looking to add.

Thanks,
Stephen

Q: Preliminary thoughts on the AOSP deal? You have to have faith in CNQ's management, but they are adding a lot to an already substantial debt load.

Thanks,
Alex

Q: Hi Team, Is there a Canadian pipeline stock other than TRP which will benefit from the construction of Keystone and completing of DAPL? If there is more than one who benefits the most? Secondly, other than SU which oil companies will benefit the most from Keystone/DAPL?

Thanks Team. May the Force be with you. Chris

Q: I'm considering Suncor or CNRL for a long term hold. Could you please discuss the merits of each with an eye to exposure to impact from potential Trump decisions. Which would you buy today and is there another company in this space I should consider (I also have ENB,VET and RRX)?
Thanks for the great service!

Q: Within my energy holdings, I have full positions in SU, CNQ, and IMO. I would like to sell one of these 3 and add to my existing VET holdings (I also have full positions in WCP and TOU). Taking into account my desire to have a good balance between oil and gas production, and optimal future capital gains prospects, which of the 3 (SU, CNQ, IMO) would you sell? Also, please provide the percentage of revenue for each of the 6 companies mentioned, that is derived from Canada's oil sands...thx..Glenn

Q: I own these three, but am very disappointed in cpg. I was thinking of selling it and topping up the other two. Do you think cpg will recover? Your opinion please.

Q: The above lists my oil and gas investments. In addition I have drilling, service companies, and pipelines also associated with oil and gas. I feel that I have too many companies to easily follow and would like some recommendations. Based on your current thoughts can you recommend which I should sell and which I should buy more of and why. Also if there is company that I have not listed which you think is a better fit please consider including that in your recommendations. Based on my history, I usually keep an investment for a minimum of 5 years and some of the above I have had for at least 15 years. Also, if you believe that later in the year may be a better time to consider the trades I am contemplating will you please mention that as well. Thank you very much. I highly value your opinion.

Q: I am selling my Conoco Phillips for tax loss reasons and looking at what to replace it with. What are your favourite big oil stocks? All the fundamentals look pretty bad to me but comparing charts over the last decade I find Chevron and CNRL seem to be stand out performers. I would prefer to have a good dividend which is fairly safe since I am semi retired.

Q: Which PIPELINES and Midstream energy cos would fare better or worse (and to what extent) from the recent Cdn pipeline announcements, among ENB, TRP, IPL, PPL, ALA! KEY. Thanks?..

Q: Please rank these three energy stocks in order of preference. Thanks, Barrie

Q: With gas price increase and coming heating season, which of these companies would you recommend? If your favorite is any other company, please mention. Thanks

Q: I have held CNQ for a long time and still show a good profit. Knowing that it's not your favourite energy company, could you please give me your current opinion of it? And which ones you prefer over it?

Regarding PHM I'd like to tell Patrick that I feel his pain. I bought this at $1.42 in my TFSA and it's still sitting there.

Thanks to all at 5i for your usual good service.

Molly

Q: HSE, PXX and CNQ together make up a small percentage of my portfolio. I will hold CNQ but wonder whether you would consider it worthwhile to move from HSE and/or PXX to other energy Co's (TOU?) with better potential? Thanks Jim

Q: I hold CNQ, have lost 24%and want to replace it with a faster recovering energy stock. Is Tourmaline a better choice or do you have any other suggestion?
I have also lost on PHM and it does not seem to recover. I also understand it is over valued. What is your suggestion, should I buy one of your newly valued health/ medical equipment stocks?

Q: I have virtually no exposure to oil in my current portfolio and I'm thinking that CNQ, trading at the sub $30 mark offers an attractive entry point. I like CNQ because of it's size, dominance over the land base and operational efficiencies.
If oil continues its slide, do you believe CNQ will continue to go lower as well? How safe is the dividend at this point and / or if oil continues it's decline?
Thanks!

Q: I need some capital loss to use because of capital gain I have.I have CNQ and VERMILLION.Of th e 2 which one is safer to keep in present oil uncertaity.?I appreciate your advise and thank you.Ebrahim

Q: Can you give me your thoughts on what is happening with Canadian Natural Resources. I know that oil has come off but cnq seems to be dropping more than I thought it should. Is it time to move on or be patient with it?
Thank you

Q: My partner and I currently have about 16% of all stocks we own in RRSP, Non Registered and TFSA accounts as Canadian oil and gas (excluding oil service, pipelines, etc.). I have brought this down from 19% based on a previous recommendation from 5i. Within the oil and gas stocks I hold, 45% are in Canadian Natural Resources (CNQ), 24% in Suncor (SU), 12% in Husky (HSE), 10% in Cenovus (CVE), 3% in Vermillion (VET), 2% each in Paramount (POU) and Tourmaline (TOU) and 1% in Enerplus (ERF). I feel I probably have too many oil and gas companies in my portfolio and would like your thoughts in consolidating. Reading your previous posts, I get the sense that all of these are good companies thus there isn’t a compelling reason to sell any. However, it seems from your posts that some of my smaller holdings and perhaps Surge and Whitecap, could be increased at the expense of some of the majors with the reason being higher growth for some of the smaller companies. Can you give me your thoughts on the best thing to do with my oil and gas holdings? You suggested some time ago that the larger companies would hold up better during a market downturn. Based on this logic it seems like a perfect time to reduce holdings in some of the bigger names and buy some of the beaten down smaller companies.