Investment Q&A

Q: I'm looking into the future of a Carney Government that might enable the CO2 -EOR(Enhanced Oil Recovery) and how that might help Whitecap(WCP) and Pembina (PPL).

I know in order for it to happen he has to lift the exclusion of EOR from (Bill-59) and streamline it for specific projects via national interest projects, amend assessment and emission laws to reduce regulatory friction(a key request from oil companies) and revise carbon pricing by incentivizing EOR as a CO2 storage pathway possibly with credit stacking.

If the government is able to do this, how lucrative will this be for stocks especially Whitecap (WCP) which operates the Weyburn-Midale CO2 EOR project, the world's largest and longest running CO2 flood in Saskatchewan and Pembina(PPL) who is collaborating to build the Alberta Carbon Grid to transport captured CO2 to oilfields for EOR and sequestration.

Based on this would they be a long term buy today because Carney is now PM?

Thanks

Q: In what order would you buy PPL, SOBO and TRP? Are all three buyable at todays prices? Which has the best upside? Which is the most likely to increase their dividend?

Q: PPL is approaching its 52 week low. You have recently commented that there has not been any recent news to explain its decline. Is it time to buy?

Q: Pembina Pipelines seems to have alot going for it but lately the stock price has been falling steadily. Can you identify any reason for this?

Q: Hello, I saw the announcement by PPL about this solicitation process. Please provide a simple English recap and implications for shareholders. Is this a good time to add to holdings or should I look at TRP instead?

https://www.businesswire.com/news/home/20250629785423/en/Pembina-Pipeline-Corporation-Announces-Commencement-of-Consent-and-Proxy-Solicitation-Process-for-4.80-Fixed-to-Fixed-Rate-Subordinated-Notes-Series-1

Thank you.

Q: Hi there,

I own PPL but disappointed in its performance. Thinking of switching to KEY what do you think?

Thanks!

Q: Hi 5i
Given recent response to Dons question regarding todays SP drops in ENB and PPL in response to the Key deal announcement...

Where would you expect ENB and PPL to head to from here and would you consider this an opportunity to increase holdings in either one? Your preference if you have one?

What about outlook now for KEY considering stocks positive move on the news?

thx

Q: Whats going on with these two companies both down big today.

Q: Tsx was up yesterday so why did energy infrastructure stocks such as enb,key, ppl drop between1.5-2.3%?

Q: Who will benefit most from lng canada pembina or keyara

Q: Those excellent Cies, and others in various sectors, could be significantly punished if the US law bill 899 were adopted by the US senate with no change..Curiously, the valuations of those Cies are not compromised to this day , maybe because it is still too early, and that all this would only start in early 2026....What strategy do you suggest concerning all Cies that have significant US revenues in general ,before any official US senate confirmation? Your point of view shall be extremely appreciated !

Q: Hi Team,
Looking at Pembina's recent weakness, is it fair to say that currently it would be a better "buy" today compared to Enb which is riding near highs in terms of potential long term growth? When I look at valuation I am seeing a P/E of 16.85 for PPL and 23.25 for ENB. Also, I am wondering if PPl valuation stays low, if it will be a takeout candidate for ENB some day? Market cap of PPl is only 30 billion compared to 137B for ENB. PPL has some valuable assets, including LNG plant currently under construction. Dividends are fairly similar with enb slightly higher at the moment. Thoughts?

Shane.

Q: I have been keeping a good portion of our portfolio in cash, and for the last couple of years in GICs where the interest rate near 5% was ok. But some have and others are coming up for renewal and rates are now lower, around 3.25%, Would something like PPL be a reasonable alternative to earn a somewhat better return wth still a good degree of safety? Any other suggestions? Many thanks for your excellent service.

Q: What are your top suggestions for the best positioned Canadian and US dividend paying stocks where dividend is safe and where the stocks have some potential for growth? Thank you.

Q: Hello,

I own a little TRP and ENB which have both performed well. Thoughts on starting a position in PPL? Seems to be underperforming. Would you be comfortable buying a full position here? Long term hold.

Thanks.

Q: Which of these two pipelines will benefit more from LNG Canada commencing operations?

Q: Currently I have an overweight position in energy, with full positions in CNQ, SU, TOU, ENB and half positions in TRP and WCP. Does it make sense to sell TRP at this time and take a full position in PPL? Does it make sense to hold both CNQ and SU or is there a significant correlation between the two, if so, which would you keep?

Q: BCE has given up much of its post-dividend-cut rally - not to say that the cut was a bad idea, and maybe there's a support level lurking somewhere here. At the same time, I find myself wondering just what BCE's value proposition could be, now, to make it more attractive than T (or, for that matter, BNS or PPL, which offer similar yields)? Put another way: if investors have no reason to buy BCE other than income, and if declining interest rates are the only meaningful catalyst for share price appreciation, then, post-cut, isn't it at least as likely that it will continue to decline?

Q: Whose share price will benefit the most from the lng export terminal opening on the BC coast? Thank you

Q: The recent NPI quarter looks pretty weak, decreased revenues from last year. I’m thinking to take a loss and possibly add to other positions, or would you recommend to repurchase after the 30 days? I read the March report, but I see better opportunities in other names. The growth story for 2025 is only the Oneida Energy Storage Project completion? How much will this add to revenues? I’m also concerned the allure around renewables and the climate change narrative is crumbling, especially after the Europe outages. Any thoughts on this?

My add to names I’m considering are PPL, CPX, PEY, WCP. How would you rank those for growth, stability, current and future yield?