Investment Q&A

Q: Hi Peter and team
I am down about 40% in both Peyto and Shawcor and would like to use as a tax loss. Could you please suggest one or two replacements. Thanks.
Gary

Q: Good Morning, I am considering buying PEY and ALA for the dividend and a recovery in the oil patch. Firstly, I am considering them because they are good companies with a high dividend that is unlikely to be cut(do you agree?). My other reason is based on my tax situation. Since I have no employment income I can benefit from low or no tax on my dividend. In addition, I have considerable unrealized capital gains in my taxable account. So if PEY and ALA really decline I can sell those stocks and use the loss to offset my capital gains as I realize them. Does this strategy make sense? I have often heard you should not let tax strategies drive your investment thesis but in this case it feels like the risk/reward really improves due to my tax situation. Please comment. Thanks

Q: Good day - What are your best recommended/favorite oil and gas producers at this time? With and without dividend. Is a dividend paying producer something you would consider?

Q: Good Afternoon,
Peyto is looking pretty good today for income with a yield of 7% and only a 41% payout ratio. However, its my understanding that many of their hedges which are protecting this dividend will roll off over the next two years so it will be difficult to hedge going forward in this low gas environment. Have they ever cut their dividend before? What are your thoughts about the sustainability of their dividend going forward with hedges rolling off? Obviously they can still hedge but at much lower prices which may not protect their cash flow sufficient enough to cover the dividend?
Thank-you

Q: Gentlemen
If commodity prices continue at current levels for the foreseeable future, what would be your current ranking, please, of these energy names.... in order of best to worst, to hold for future growth?
I hold for both income and growth.

Q: Peyto has been in a relentless downtrend for at least the last year and yet it is supposedly one of the lowest cost producers. Is it time to bail on this stock as the natural gas price continues to languish with no relief in sight and oil price not much better? Thank you.

Q: I am a retired, conservative dividend-income investor with a company pension, CPP, annuities, Fisgard Capital and the following equities:
1. 17% Mutual funds (RBC Cdn Equity Income, Sentry Cdn Income, Sentry REIT)
2. 10% ETFs (ZLB, XIT, ZWE)
3. 41% stocks (listed above)
4. 32% fixed income (annuities, Fisgard, but not including my pension nor CPP).

I plan to reduce my Sentry Cdn Income holding from 9% to 5% and purchase ZWC. The benefits would be a) saving $1k in hidden MER fees, b) receiving an extra $1k in dividends and c) a better asset allocation. I like the covered call strategy that ZWC provides, as well as the 30 companies inside the ETF.

Question = is this the right ETF product? Are there other Canadian Covered Call ETF choices that offer this diversified asset mix that I should consider? Are their other ETFs that have slightly less financials, less utilities, and more industrials that would result in a better asset allocation for me?

Thanks for your help...Steve

Q: Hi Peter and Staff
I have a very small weighting in oil and gas and would like to increase it slightly with 1 more name. The two that I own so far are PEY and VET . If I will own 3 for a long term hold ,total return, dividends and capital gains, are those two fine to be 2 of the 3.
If so, please recommend one of the following with your reasoning to add. If you would drop PEY or VET in order to have 2 of the ones listed below, please advise

CNQ,FUR,RRX,SU,TOG or WCP

Thanks for all you do
Dennis

Q: If oil stocks are in the process of forming a bottom, can you list some companies you would favour (small, med, large, oil and/or gas) as a potential buy list? Thanks!

Q: Hi Peter: Is Peyto exploration's dividend sustainable given the world wide oversupply of natural gas and Peyto not holding any cash? is this (not having cash) normal for these types of companies?

Q: If one was to buy a couple of natural gas stocks, what would be at the top of the list?
As always, thanks..

Q: I purchased this stock at $28 and it is down 20+%. Thought I was buying near the bottom! Is there anything company specific that I missed or the sector in general? Would you continue to hold or take the loss? Regards Larry

Q: What are your thoughts on yesterdays earnings for peyto i was thinking on averaging down on this security Thank you

Q: These mostly gas names are down significantly lately, and yet Gas is mostly holding a tight range. Are the earnings expected to be down significantly for Nat gas companies

Q: Hello 5i
Would appreciate your current 6 top picks in oil and gas producers. 3 gas and 3 oil preferably.
Many thanks
Les

Q: I'm starting an income portfolio. What do you think of 5% in each of the above? Thanks.

Q: hello 5i:
I'm looking at a possible upgrade for our portfolio, as almost all energy names are down (and substantially), to date. Please rank the following, best to worst, using dividend, safety and growth in that order as criteria. This is a long term hold, so > 3 years. And would ALA be a better fit in the Utilities sector than energy?
thanks
Paul L

Q: Hello 5i
I hold the above 4 companies in a taxable account that are down approx. 25%. I would like to sell to take a tax loss against future capital gains, and repurchase after 30 days. What might you suggest deploying the funds into in the mean time to still keep the sector allocation?
Thank you
Les

Q: Hi Team 5i,

I have been patiently awaiting the recovery of the O&G sector. I am under water on the list of 9 stocks listed. I have been patient and have harvested dividends and DRIPed in the meantime (bank brokerage DRIPing). But with the current US admin and shift to renewable energy sources, I am concerned that the recovery may be a long time (decades ?) away. My question is ... if I chose to sell a few of the above stocks, which do you think might be the poorist performers given the current energy environment and therefore could have the longest time to recover).

Q: Hi5i,
Which of these companies would you prefer at this time or would there be a better choice in this space.
Thanks Dave,