Investment Q&A

Q: Hi, have been watching vet awhile, and have seen a few times you recommended it. I’m thinking of buying some as it is way down. My thinking it’s overdone? Only question is should I buy now or wait till new year after tax loss selling?
Thanks

Q: Is Vermilion's dividend sustainable short and long term? Any concerns with the company's financial strength? It has been suggested its stock performance may be similar to Crescent Point going forward. Your analysis please. Thanks

Q: At current price ,P/E,yield,P/C,P/B for Vet.to what are your thoughts on purchasing it compared to Teck B

Q: Hi,

In energy and power utility sector which companies do you recommend at current valuation. Is XOM a good buy or it is better to invest in ENB or PXT in current market and future growth perspective.

Appreciate the great service

Thanks
Ninad

Q: ..bought VET because it was supposedly more protected from WCS pricing than either CNQ or SU...but it has fallen more and is now way down. is there anything left in this country to put money into?

Q: Your thoughts on VET. Looks like a safe(r) bet ( if there is such a thing in the current market) or is there a reason for it to be trading so low presently.

Much thanks

Q: Hi Ryan
As a holder of vet,I am concerned the last time I had a energy stock perform like this it was baytex .
It’s time to take my lumps
Kind regards
Stan

Q: Regarding each of the above,please advise if you consider each of these dividends is safe and also if the dividend tax credit applies. Thank you.

Q: What is the reason for the large drop in this stock? Is this a buying opportunity?

Q: You commented earlier that the mkt may not like the earnings miss, thus the pressure on the stock.
I was under the impression oil/gas stocks are valued on a cash flow basis. Vet cash flow improved this Q.
None the less Vet seems to be going out of business , my only hope may be that they
sign a deal to grow cannabis

Q: I hold both TOU and VET in a taxable account. I would like to sell both to harvest the tax loss and rebuy after 30 days. I would prefer to keep the investment in the sector until repurchase. Can you suggest an appropriate alternative holding.
Thank you

Q: COMMENTS ON THE QUARTER PLEASE ?

Q: what do you think of vet at this price? is the dividend safe? or please recommend your favorites in this space. p.s. I want at least 5% yield. thx Jack

Q: Hi, taking a licking on energy with wcp down 40% and vet down 25%, is it best to hold until after tax loss selling and hope for a turnaround?
It is hard to figure with Trump trying to keep oil low, more renewable energy, Saudi’s turning on more supply, no pipelines, feds not really helping, carbon tax, and of course a big discount we give away to the USA losing billions.
It looks really bad, maybe I should add as this may be the low? Your thoughts, buy ,hold, or sell

Q: Hi 5i:

Is it a good time to re-enter VET and DOL? Full or Half positions? I have regretfully waved my 10% rule on ALA. What do you see for its future?
Thanks for your unbiased insight which is tremendous foundation of 5i that benefits all members.

Tom

Q: Vermillion is getting world oil pricing is its decline more to do with it being in Canadian oil etfs and being sold with other Canadian oil producers.

Q: with the now huge spread between WTI and WCS, who would be advised to buy Canadian oil stocks and why. Are not Canadian oil companies only receiving the WCS price for all Canadian production. How bad is this!!

Q: Hi Ryan As a long term holder of VET the stock has a hard time generating a growth return.
I understand the huge discount on Can oil as part of the reason ,what I cant understand why the market gives no credit for VET,s foreign holdings not subject to the WCS discount.
My thinking is to exit and sit on cash till this political crap settles out.
Kind Regards
Stan

Q: I need help to clean up and high grade my energy stocks. I have the following in the energy sector: ENB, IPL, PPL, SCL, SGY, TOU and WCP (all were acquired between 2011 and 2014), and I would like to reduce the number of positions. I have not added to the energy sector since Q3 2014.

Energy makes up 8% of my entire portfolio (DCPP, mutual funds, and a stock portfolio managed by me – the 7 stocks referred to above). I have been very patient, but my patience is running out with some of these stocks. Some days I feel like selling the losers and investing in another sector, other days I feel like averaging down on some of the losers (it’s been 4 years since I added to the sector).

I am up 50% on PPL, so plan to keep it. Breakeven on IPL and ENB. Down 33% on WCP, and down >50% on SCL, SGY and TOU. Not including dividends.

I am considering adding VET as it seems to be better quality (recommended by 5i and others), but I don’t want to have too much overlap with the other stocks, nor do I want to increase the number of stocks in my portfolio.

Assuming that I keep the same overall energy weighting, how would you high grade this portfolio. I am open to other energy companies, the only criteria is that it pays a dividend.

Thanks,

Paul

Q: Do you feel VET is a good candidate for tax loss selling at the end of September and repurchase 30 days later (end of October)? I understand Mr. Trump's Iranian oil sanctions come into force in November which may pressure oil prices upwards. Mr. Trump seems to be leaning on the Saudi's to increase production but commentators seem think they don't have enough spare capacity to help him out. I would try to swing my activity to keep the monthly dividend. Do your sources indicate the Record Date for September?
Thanks,
Jim