Q: I currently own cnq and cve in the energy sector of my portfolio. I am wondering about adding tou or perhaps replacing cve with tou. I am keeping cnq for its size but looking for advice on the other two names for thr best bet in growth over the next 5 years and would appreciate your thoughts...thank you.
5i Research Answer:
While we like all the companies here, but we think there is some overlap with CVE and CNQ. We think TOU is worth adding being more gas-focused, and could help diversify CNQ which is more oil-focused. We like CVE and think it is a strong name, however, we think TOU has more growth potential and is one of the best managed companies amongst Canadian oil and gas players.