Investment Q&A

Q: The market has not reacted well to the 2023 budget plan. Is there cause for concern with this stock, or does it make sense to ride out the storm?

Q: I see in one of your latest answers your liking su over cnq wondering what criteria it is that leads you in that direction? Also i hold cnq and wcp and looking to add to my oil and gas holdings. Would you add to my current holdings, or add a third or fourth position say in tou and or su? Thx

Q: Hi,
The company is downgraded by many firms. Has the future business plan is below investment grade compared to other Brookfield companies? Last year they acquired Westinghouse. The company has lowered dividend for past two year (2020 US$ 0.434 * 4), (2021 US$ 030375 * 4) and (2022 US$0.32 * 4). This is the weakest company among the Brookfield Group. My question is whether Westinghouse acquisition is not a profitable one or too early to say? Is it advisable to invest some amount in BRE.un just to take advantage of weakness in stock price at this time or better put money in BBU.un? I hold all the Brookfield Group companies that issues through spinoffs.
Thanks
Piyush

Q: Hello All,

Is it possible to rank my list of utility companies sorting via most financially vulnerable therefore most likely to underperform because of the increased cost of financing. i.e worst to best please.

Is that a blunt but reasonable filter?

Could it be that the "worst" companies have been so badly beaten up that they may be worth adding to for the long haul?


Many thanks

Q: Peter; Is this basically a income stock now ? Very narrow trading range recently . I hold it in my TFSA and am thinking of selling and buying a higher beta one. Thanks
Rod

Q: I noted EFX has gone from the low 8s to the mid-9s over the past two weeks, I have not been able to find any company-specific news to account for the quick pop. As always appreciate your services.

Q: Is AQNU a good buy today? What would total return be at today's price in June 2024?
Thanks
Cec

Q: I’m trying to understand the parameters of the special dividend being paid by Tourmaline.
The announcement reads: The special dividend is part of Tourmaline’s comprehensive shareholder return plan and will be paid on February 1, 2023 to shareholders of record on January 24, 2023.
Does this mean that you could buy shares on Monday January 16th, sell them on January 25th, and capture the special dividend with the only risk being a drop in the share price over that period?
Somehow this doesn’t seem reasonable to me.

Q: What is your opinion of the management team at AQN? Do they have a strong enough team to orchestrate a turnaround of their fortunes? Is this a hold or sell?

Q: you seem to be hot on pine cliff as opposed to other high dividend payers in the small cap oil and gas space such as gear and peyto among others. why is this?.
i know gear is heavy oil, peyto and pine cliff more nat gas.also are there others you prefer besides tamarack which seems like it is going nowhere. dave

Q: I'm not sure if you planned to take in the conference call today or not. RBC put out a one-pager on what Mgmt planned to do, which included a 40% cut to their dividend (creating a new yield of 6%).

Q#1 = As a result of Mgmt's plans going forward, what are your thoughts on AQN now?

I am fortunate that I bought AQN years ago at $5.60 (held in RRSP) and have trimmed (for asset allocation reasons) several times on the way up...as high as $21.10. However I do confess I added recently at $14.75. I still have some funds ready to top-up, but I am on hold for now...just watching.

Q#2 = would you add, hold or sell at this time?

Q#3 = my personal speculation is that AQN will probably just hang around the $9-10 range for a while. My hope is that a potential buyer will show up and take them out. In a November question, you thought the take-over chance was around 25%. With this new information in hand, do you have a new percent chance that they will be bought out?

Q#4 = if AQN does get taken out, would the usual ballpark premium of 30% apply? This would entice me to hang around for awhile.

Thanks...much appreciated.

Q: Can you comment on your current outlook/prospects for Paramount Energy

Q: what is your opinion of AQN going forward long-term now that they have cut their dividend?

Q: Could you do an update (only 1 question and it was 2021? Now approaching CAD$0.5B, strong earnings, low debt, pays a dividend, in good assets in CAD, interesting opportunities in North Sea - a UK company but listed on TSX.V. In particular, to what would you attribute its lackluster performance in the last year? Thx.
John

Q: Hi

What are your thoughts on Whitecap and altagas are they both a hold for the long term.

Thanks

John

Q: Hi,

A great question by Rodney today (Jan 11) on Tech sector "rolling over" and comparing it to the current status in O&G sector. I really appreciated your measured and thoughtful response.

This is a quick follow up question to your answer to Rodney's question:

I "get" the 80$ markin XLE as an indicator to monitor. Makes sense.

But what other sectors would like XLE to be compared to? XMA or XLI or XGD.....not sure if you meant ALL the 11 sectors in S&P or some specific sectors that are comparable to O&G.

Many thanks for the clarification.

Q: Looking for what top 3 oil & gas recommendations you would have. Growth and appreciation over the next 2-3 years.

Q: Peter; When the tech sector “ rolled” over it was hard to decide,at the time, whether one should buy the dips, sell, or sit. I’m concerned the oil sector might do the same thing with yield only holding up the sector. How do you decide if a sector is rolling over or not ? Thanks
Rod

Q: What is your opinion on this sock and the risk factor;
A good div ?
Pat

Q: Hi Could you please give me your thoughts on BAYTEX ENERGY CORP AND ARX-T I hold them both, should I sell BTE and buy GXE

Thanks