Q: Hello 5i Team; Could you comment on earnings in light of the meg merger. How do you see this going forward or will they(oil companys) drift lower as the St of Hormuz opens. Thanks in advance Mike
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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.
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Canadian Natural Resources Limited (CNQ $63.85)
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Cenovus Energy Inc. (CVE $41.00)
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Canadian Natural Resources Limited (CNQ $46.64)
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Cenovus Energy Inc (CVE $29.94)
Q: I noticed when I looked these companies up on your platform it says the q dividend for CNQ is .625 Cnd when its on the CND exchange and .625 USD when its on the US side. Similarly it has CVE's as .20Cnd and .20 USD. I thought in all cases the dividend is paid in CND and if the stock is on the US side it get converted to USD, which due to its strength, would be approx .46USD and .147USD respectively?
Q: Peter; Would CVE be a possible takeover by US majors? Is the share structure amenable to a budd? Thanks.
Rod
Rod
Q: Hello team,
With today’s announcement of the strait open for business , should a person now be selling oil stocks to put into other growth names? Or trim? I currently hold a 6% weighting in wcp and a small amount of cve . Both of which are down big today already with the news.
Thanks ,
Shane
With today’s announcement of the strait open for business , should a person now be selling oil stocks to put into other growth names? Or trim? I currently hold a 6% weighting in wcp and a small amount of cve . Both of which are down big today already with the news.
Thanks ,
Shane
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Hemisphere Energy Corporation (HME $2.89)
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Cenovus Energy Inc. (CVE $41.00)
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Whitecap Resources Inc. (WCP $16.15)
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Athabasca Oil Corporation (ATH $11.95)
Q: How much have each of these names hedged their forward sales and how common is it in the patch? What is the most hedged Canadian name and the least? If unhedged how much in terms of EPS % gain generally can be expected if oil remains at $100 or even $80 for the remainder of this year?
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Canadian Natural Resources Limited (CNQ $63.85)
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Cenovus Energy Inc. (CVE $41.00)
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Athabasca Oil Corporation (ATH $11.95)
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Baytex Energy Corp. (BTE $6.75)
Q: USA are reaching a peak of oil production and are net exporters , but will have to import are a certain point.. Is this US " peak" oil good news for canadian oil Cies for the coming years , and thanks for your point of vue for investing in canadian oil producers .
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Suncor Energy Inc. (SU $91.13)
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Enbridge Inc. (ENB $75.06)
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Cenovus Energy Inc. (CVE $41.00)
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Pembina Pipeline Corporation (PPL $64.15)
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Whitecap Resources Inc. (WCP $16.15)
Q: Because of the issues in the middle east and oil shortage for the near future I am thinking of bringing my oil holdings up from 5% to 10% I own these pipeline and oil companies. I was thinking of selling my pipeline companies and moving more into oil producers. My thought was to top up SU, CVE, WCP, and add TVE. Do you see any issues with this strategy, or with companies selected?
Thanks Dave
Thanks Dave
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Suncor Energy Inc. (SU $91.13)
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Canadian Natural Resources Limited (CNQ $63.85)
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Cenovus Energy Inc. (CVE $41.00)
Q: Would you buy any of these oil stocks at present?
If so, is there one that you would prefer?
Might it be safer to invest in an ETF?
Thanks for your advice.
If so, is there one that you would prefer?
Might it be safer to invest in an ETF?
Thanks for your advice.
Q: Can you comment on their recent earnings? Thanks.
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Costco Wholesale Corporation (COST $1,020.99)
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Chevron Corporation (CVX $186.25)
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Deere & Company (DE $589.58)
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Sherwin-Williams Company (The) (SHW $312.60)
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Walmart Inc. (WMT $130.42)
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Exxon Mobil Corporation (XOM $151.02)
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Suncor Energy Inc. (SU $91.13)
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Canadian Natural Resources Limited (CNQ $63.85)
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Loblaw Companies Limited (L $60.24)
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Cenovus Energy Inc. (CVE $41.00)
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Alimentation Couche-Tard Inc. (ATD $78.68)
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TerraVest Industries Inc. (TVK $129.05)
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Nutrien Ltd. (NTR $98.69)
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Linde plc (LIN $503.96)
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Corteva Inc. (CTVA $82.86)
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VanEck Agribusiness ETF (MOO $82.62)
Q: Markets still look somewhat overevaluated and are volatile : what sector(s) could represent an entry point with no excessive risk actually , real estate looking interesting among others ?
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EOG Resources Inc. (EOG $134.23)
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Occidental Petroleum Corporation (OXY $56.30)
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Canadian Natural Resources Limited (CNQ $63.85)
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Cenovus Energy Inc. (CVE $41.00)
Q: Hello team,
Given the looming tensions in the Middle East, which Canadian or US oil company listed above will have the highest price potential if the United States attack Iran?
I would also like to hear your perspective on the probability of this event in the near future, the price of oil as a result, and any oil company which you would consider buying in advance.
Thank you as always!
Given the looming tensions in the Middle East, which Canadian or US oil company listed above will have the highest price potential if the United States attack Iran?
I would also like to hear your perspective on the probability of this event in the near future, the price of oil as a result, and any oil company which you would consider buying in advance.
Thank you as always!
Q: In FU to my previous question about the need to pay capital gains my new CVE shares from the takeover of MEG, you stated it can be a tax-free transaction "if the rollover is declared". As I did an AI search for clarity, it states that the Section 85 rollover cannot be declared unilaterally by one party; both the individual taxpayer and the acquiring Canadian company must jointly elect for the Section 85 rollover. Can I assume that CVE would have declared their part in the "joint election" with CRA? So when I file my taxes and use the form, it should be okay? Thanks
Q: Dear Peter et al:
Finally the "Board room Brawl and the dust" has settled. My iTrade has finally properly ledgered the changes. It shows that I am in the "green"! Yea!!!
The question is now what?! What is your opinion on CVE going forward? I know you don't answer any personal questions. So, if YOu were a holder of CVE, would YOU, add to CVE or leave it alone or sell? What are your alternatives to CVE?
Many thanks.
Finally the "Board room Brawl and the dust" has settled. My iTrade has finally properly ledgered the changes. It shows that I am in the "green"! Yea!!!
The question is now what?! What is your opinion on CVE going forward? I know you don't answer any personal questions. So, if YOu were a holder of CVE, would YOU, add to CVE or leave it alone or sell? What are your alternatives to CVE?
Many thanks.
Q: Hello. In the MEG takeover by CVE, I opted for all shares, but received 96% shares and 4% cash because it was over subscribed. In my TD statement, the "book cost" of my new CVE shares reflects the price of the recent transaction, not my original cost of the MEG shares. Will I need to pay capital gains on the shares? As I researched the issue, some sites say the transaction is a "deemed disposition", and I will need to pay capital gains on the shares and cash, and other sites say I can use the "Section 85 rollover" provision to delay capital gains on the shares. Your insight is appreciated.
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NVIDIA Corporation (NVDA $221.19)
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Canadian National Railway Company (CNR $152.77)
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Enbridge Inc. (ENB $75.06)
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Manulife Financial Corporation (MFC $54.80)
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Loblaw Companies Limited (L $60.24)
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Cenovus Energy Inc. (CVE $41.00)
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Fortis Inc. (FTS $77.30)
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Pembina Pipeline Corporation (PPL $64.15)
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ARC Resources Ltd. (ARX $30.95)
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Emera Incorporated (EMA $71.54)
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Thomson Reuters Corporation (TRI $119.22)
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Shopify Inc. Class A Subordinate Voting Shares (SHOP $136.90)
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Aritzia Inc. Subordinate Voting Shares (ATZ $146.76)
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Galaxy Digital Inc. Class A common stock (GLXY $28.26)
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Topicus.com Inc. (TOI $89.08)
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Brookfield Corporation Class A Limited Voting Shares (BN $62.98)
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Brookfield Asset Management Ltd. Class A Limited Voting Shares (BAM $66.63)
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Lumine Group Inc. (LMN $20.31)
Q: I have to trim some of my holdings. Please rank the following in order of which you would trim first. Positions are roughly equal and this is an account focused on long-term investments. Thanks
ARX
ATZ
BAM
BN
CNR
CVE
EMA
ENB
FTS
GLXY
L
LMN
MFC
NVDA
SHOP
TOI
TRI
PPL
ARX
ATZ
BAM
BN
CNR
CVE
EMA
ENB
FTS
GLXY
L
LMN
MFC
NVDA
SHOP
TOI
TRI
PPL
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Canadian Natural Resources Limited (CNQ $63.85)
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Cenovus Energy Inc. (CVE $41.00)
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MEG Energy Corp. (MEG $30.89)
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Tourmaline Oil Corp Subscription Rcpt (TOUR)
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Enbridge Inc. 5.50% Cumulative Redeemable Preferred Shares Series A (ENB.PR.A $25.00)
Q: What are your thoughts on the current offer for Meg Energy presuming it goes through. If we keep Cenovus stock we would have a half position.
We also own an almost full position in CNQ and TOUR. Have a full position in ENB. Those last 3 are about 5% of our portfolios.
I'm mostly looking at this as providing me with more cash but might hold the half position of Cenovus if the future is bright. (I know you don't have a crystal ball!)
Would you keep the half position of Cenovus or instead sell Cenovus and use the cash to add more to TOUR or CNQ?
We're retired, conservative investors.
We also own an almost full position in CNQ and TOUR. Have a full position in ENB. Those last 3 are about 5% of our portfolios.
I'm mostly looking at this as providing me with more cash but might hold the half position of Cenovus if the future is bright. (I know you don't have a crystal ball!)
Would you keep the half position of Cenovus or instead sell Cenovus and use the cash to add more to TOUR or CNQ?
We're retired, conservative investors.
Q: Peter; What do you make of the CVE announcement on acquiring a 8.5% stake in MEG? Is their takeover bid dead now ? Thanks.
Rod
Rod
Q: Can you contrast between Cenovus and Strathcona at current pricing ?Which do you think is more attractive in the next year from today on a total return basis?
Q: Thoughts on buying CVE today please. Already hold a full position in SU, and if I buy CVE it would likely be a shorter term hold. Thank You.
Tim
Tim
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Cenovus Energy Inc. (CVE $41.00)
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Shopify Inc. Class A Subordinate Voting Shares (SHOP $136.90)
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Propel Holdings Inc. (PRL $21.86)
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Lumine Group Inc. (LMN $20.31)
Q: Hi, after holding CVE for awhile and being under water, I'm finally nearly breaking even. After the new MEG deal, I wonder what people might think about selling it to get into other 'growthier' stocks long-term (like SHOP, LMN, PRL, for example, but open to other ideas as well).
Thank you!
Thank you!