Q: Hi Peter - appreciate and value your service. I'm warming up to the oil and gas service sector - what are your thoughts and do you have a couple of recommendations (preferably with yield and a good balance sheet)in either the drillers, pumpers or service areas? Thanks
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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.
Q: Peter and Team,
Can you talk to Peyto Exploration PEY? I've held this since they took over Open Range and added since then. Its 3.3% of my portfolio at today's prices. I have a decent profit in it and still like it very much and am a bull on gas. I just want to get a feeling if it is outrageously expensive here or if I am missing something or should I follow my gut and keep hanging on. They seemed to report nice profits net of all costs and they seem to have some prime real-estate for west coast LNG should it ever happen.
Thoughts?
Can you talk to Peyto Exploration PEY? I've held this since they took over Open Range and added since then. Its 3.3% of my portfolio at today's prices. I have a decent profit in it and still like it very much and am a bull on gas. I just want to get a feeling if it is outrageously expensive here or if I am missing something or should I follow my gut and keep hanging on. They seemed to report nice profits net of all costs and they seem to have some prime real-estate for west coast LNG should it ever happen.
Thoughts?
Q: Hi guys,
Your service is unbeatable! I appreciate your insight and perspective on investing. I was a Peak Oil / resource guy when I first started investing 7 years ago and never thought my portfolio would be taking turns it has in the last 2 years. I have 500 PEY shares between my RRSP and TSFA and it's had a good run and I'm thinking about selling it. I like PEY, but think value it's a tad high. What do you think about flipping PEY 2 other companies, 1 in my TSFA and 1 in my RRSP?
In my RRSP I'm thinking about starting a position in HCG or SAP or...? In myTSFA I'm thinking about starting starting a position in Telus or...?
I currently own RY, TD, BNS, CN, IPL.UN, AD, AP.UN, COS, AX.UN, BNP, BEP, BIP, PEY, CSU, EIF, THI, KMP and CFN all about equal weight and a few others smaller ones that I hope to clean up over the year.
Thank you!
Brent
Your service is unbeatable! I appreciate your insight and perspective on investing. I was a Peak Oil / resource guy when I first started investing 7 years ago and never thought my portfolio would be taking turns it has in the last 2 years. I have 500 PEY shares between my RRSP and TSFA and it's had a good run and I'm thinking about selling it. I like PEY, but think value it's a tad high. What do you think about flipping PEY 2 other companies, 1 in my TSFA and 1 in my RRSP?
In my RRSP I'm thinking about starting a position in HCG or SAP or...? In myTSFA I'm thinking about starting starting a position in Telus or...?
I currently own RY, TD, BNS, CN, IPL.UN, AD, AP.UN, COS, AX.UN, BNP, BEP, BIP, PEY, CSU, EIF, THI, KMP and CFN all about equal weight and a few others smaller ones that I hope to clean up over the year.
Thank you!
Brent
Q: Hi Peter,
Do you like Dundee REIT which invests in Canadian office properties or a REIT that has exposure to the US market, such as Morguard REIT, that invests in Cdn. retail and office properties, but also in residential units in Florida and Louisiana? Also, do you prefer Painted Pony, PPY or Peyto Exploration, PEY. Thanks so much!
Do you like Dundee REIT which invests in Canadian office properties or a REIT that has exposure to the US market, such as Morguard REIT, that invests in Cdn. retail and office properties, but also in residential units in Florida and Louisiana? Also, do you prefer Painted Pony, PPY or Peyto Exploration, PEY. Thanks so much!
Q: Hi Peter,
Can you please recommend a stock that will benefit from a rise in natural gas prices? if there is any at a good valuation currently.
Tourmaline Oil (TOU) or Painted Pony (PPY) perhaps?
Can you please recommend a stock that will benefit from a rise in natural gas prices? if there is any at a good valuation currently.
Tourmaline Oil (TOU) or Painted Pony (PPY) perhaps?
Q: Peter, could I please get your take on Peyto Exploration (Ticker PEY)? They recently became a white night for Open Range Energy and am curious about your opinion on their financial strength, the quality of their assets, the sustainability of the dividend, and anything else you wish to provide. I hold Open Range currently and now it appears I will be holding PEY if this deal goes. Thanks!