Investment Q&A

Q: Greetings 5i,

CVE CEO regarding the Weyburn sale stated “Net proceeds from the Weyburn asset sale, combined with the other three divestitures announced earlier this fall, will position us to retire the entire $3.6 billion bridge facility associated with the ConocoPhillips asset purchase by the end of 2017.”

Additionally Soros Fund Management took a 1.2 million share position on CVE on tuesday?

What are your thoughts?

Cheers!

Q: Hi Peter and team
I am down considerable in my RSP in ENB,SGY, and WCP.
I note you are in favour of a new position in CVE. I will keep ENB but was wondering if a switch out of SGY and WCP to CVE or to buy more of ENB is warranted? I will not need the RSP funds for 3 years or more and it is fairly balanced at the moment.
Your comments appreciated as always
Peter

Q: OIL???? is it time to think about revisiting this slippery slope? I have been pretty much out for several years. Is this a cautious entry point for some beat up names? I know how fast the taps can turn on and off and the fracking effects. Is the current Saudi prince thing in the news a huge long or short term factor to consider and finally would you go large of small cap to start a new position. Personnel note I waited to see your how your new layout would work and liked it so much I renewed for two years Good Job

Q: I recall reading that ConoccoPhillips will be able to start selling their ~200 million shares in Cenovus sometime this November? Is that correct? If yes, do you anticipate this triggering a significant decrease in the share price?

Q: We know that CVE has a ton of debt and that there may not be much life until oil prices firm up.
That being said, they did beat the street's most recent earnings predictions, it's selling well under book, it's been basing for the past few months and the dividend is just shy of 2%

What do you think of CVE as a potential 12 month investment?

Q: Is Cenovus a long-term buy at current prices? Thanks.

Q: Apparently the market was not impressed with investor day?

Q: Hi team, I've held CVE from the split of ECA I have 100 shares my cost is 29.17 would you buy more here to lower my cost and hope for a recovery or sell it and forget that I ever had it. Thanks, Nick

Q: Could you draw up a list of publicly traded companies that do not provide share based compensation do their employees ?

Q: What is your opinion of Cenovus? Or do you have a more preferred energy name?

Q: Hi is there any chance the bought deal financing at $16 will not be filled

Thanks
David

Q: What is your opinion on this secondary issue of 3 billion dollars by CVE, the discount look attractive, would you recommend to participate on it?

Q: Greetings 5i, first off, thank you for this unique and valuable service. I'm looking to remove my two... shall we say laggards from the portfolio. Three questions;

For Potash, portfolio holds about 3.4%. Is there an upside to waiting short term until the Agrium deal closes? If replaced, I want something in the same sector. What is your top two dividend payers in this sector?

For Cenovus, portfolio holds about 2.4%, I would like to replace with either utility, consumer discretionary or healthcare. What are your top three, dividend paying suggestions.

And what is your top financial dividend payer?

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 own both CVE & ECA for many years now .Back when they were one company (Encana).

Now that the recovery has taken place my diversification in energy is higher than I want it to be . I have Suncor and BP as my core companies and I want to get rid of either CVE and or ECA (maybe both).

Can you give me consensus estimate for both CVE and ECA. And can you give me your opinion as to which one I should get rid of (CVE or ECA).

Lastly do you believe SU and BP are good core company choices for my energy sector allocation.

Thank you

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: In light of the big pipeline announcements today by the liberals could you please group the above stocks as to the winners and losers. e.g Big winner, Winner, No Effect, Loser and Big Loser. This is very topical and stave of some questions and be worthy of an article. I look for to your answers and advise as always.
mike

Q: been beaten up by this one q little, what do you see in the future, is it worth another chance/

Q: haven't read much about this company lately, your feelings on re-investing some money back into it, maybe I'm jut a sore loser, its beat on me a little

Q: Good Morning: I want to realize some capital losses on the above energy positions (and others) but do not want to lose exposure to the energy asset class in case of a sudden move upwards (even though I don't expect that in the short term.) So, my plan is to sell all or parts of my losers and buy something else that will give me the same effective exposure. My question is as follows: First, what four stocks in the Cdn. energy sector would you recommend for a purchase at this time; and second, would an etf like XEG be an effective alternative for all or part of this strategy. I may even buy back some of the positions I am currently selling after the 30 day wait period has passed. As always, many thanks. Don