Q: Hello,
Back in 2015 I started a long-term position in SU, thinking at the time that it was a better choice than CNQ as it was more of an integrated producer.
Didn't really work out that way, but I have done OK and collected a decent yield along the way.
Now that you have added CNQ to your Income portfolio, do you see any value in selling a third to a half of my SU position, buying some CNQ and then continuing to hold both for income long-term?
Back in 2015 I started a long-term position in SU, thinking at the time that it was a better choice than CNQ as it was more of an integrated producer.
Didn't really work out that way, but I have done OK and collected a decent yield along the way.
Now that you have added CNQ to your Income portfolio, do you see any value in selling a third to a half of my SU position, buying some CNQ and then continuing to hold both for income long-term?
5i Research Answer:
We like both, and think the diversification that would come with such a move would be beneficial. We would be comfortable with such a plan.