Investment Q&A

Q: What is the estimated cash flow for 2024, in CDN?
Is the recent departure of an executive all that significant?
This one has really been drifting lower.

Q: Electrification seems to be a big theme going forward. Can you suggest some companies, large and small cap, and any utilities that stand to benefit the most from this . I would assume Hammond would be a beneficiary.

Q: I have a variety of questions about WCP. First, of course one cannot complain about its very healthy dividend but the share price has languished for quite some time. Can you offer any insight as to why the share price is not pushed higher given the attractive yield?

Second, many commentators refer to O & G companies enjoying substantial cash flows, that many companies are paying down debt at a rapid rate, and that once paid down the companies will return surplus to shareholders in one form or another. What is the state of WCP’s balance sheet in this regard....do they have much debt? Is it being paid down at a rapid rate or does the dividend use up a lot of its cash flow? And if they are paying down debt, when will it be done and what do you think they might do with surplus cash, given its already healthy dividend?

Third, last week there was a headline about WCP doing a sale of part of an asset with Pembina, but it seems most of the sale proceeds were going to a Pembina subsidiary to further the operations of the asset. Is that correct, or can you discern exactly what is going on? And regardless, what does this transaction mean to WCP’s prospects going forward?

One company but lots of different issues. Many thanks for your excellent service.

Q: Does PKI have any corporate stake holders who might have an interest in increasing their stake or possibly of acquiring one of its assets? It appears to keep tripping over itself. Your tho'ts. on what has been bumpy ride for over four years, Thanks for your continuing help, Bill

Q: With LNG ports being built in British Columbia, could you suggest a few producing LNG companies and a few pipe line companies that will benifit from these ports? Also any timelines when these ports will be in service and what companies own and will benifit from these ports?

Thanks and love your service and help.

Q: I never sold my position of Questor Technology (I guess I have a problem parting with my losers!!) It had a 20 percent bump in one day last month. There is chatter on stockhouse about maybe someone is accumulating to take this 'dog of a stock" private. Can you confirm how much cash is still on Questors balance sheet? My understanding is that the cash almost covers the current market cap. If so then a take private with a premium would still be cheap for the acquirer. How much per quarter would it cost questor to be listed on the venture exchange? Could taking this 'dog of a stock" private be viable if they could clean up a lot of S & G costs? Also if QST was taken private they could take the axe to upper management and also save some expenses. Right? So it could be a viable enterprise to a larger acquirer, right? I just can't see why this company can't get any traction in sales of equipment or contracts for rentals of their equipment. Apparently there is huge concern for the gases that are released with flaring of excess natural gas and, if you believe QST, they have a good solution to this problem. So why can't they get any sustainable contracts/sales? Is the concern over flaring gases just a lot of "hot air" talk and the truth is no one is going to do much to lower it? Or is Questor's solution really not that great or competitors have better options to solve this problem?Perhaps someone in the oil and gas industry who reads this question can comment since I don't really expect 5i research to have any intel on this problem.

Q: Good morning,

I am thinking of adding Gibson Energy at an initial 1-2% weight. Looking for income, moderate dividend growth, and some price appreciation potential. I am a little light in the energy space with current holdings in CNQ/SU/WCP, and am hoping you will think this might be a decent addition.

Thoughts?

Thanks as always.

Q: There was a report on the news that Ottawa Hydro needs build a substation every year now instead of every five years. This is due to population increase but also due to EVs and heat pump installations.
This is of course not unique to one city or Canada.
Who would benefit from this increase demand in infrastructure build up?

Q: Looking to add some large cap oil exposure, I’m having trouble deciding between the 3 large caps or just buying the XEG etf. Any insights on where you see value/potential at this point in time? Thanks!

Q: Hello 5i,
I recently asked a question regarding icln , which as you mention, is an etf in clean energy area. I asked whether it might respond similarly to AQN and other stocks mentionned in the article you recently wrote on possibility for a rebound with changing rates.

I am interested in this etf, but the stronger possibility of Trump entering the Whitehouse, this time legitimately, worries me. If I can trust what I read, he has made deals with Big Oil and sees climate change as Woke propaganda. This makes me hesitant. How would you see a Trump presidency affecting this sector? although, if it affected the US sector, I imagine it would also affect the Canadian stocks, as well.
thanks for your great service

Q: So it looks like we are heading into a real electric energy shortage in the US. What utility companies are going to prosper into the next 5 years. Sad to think that coal is not showing any signs of a slow down.
Thanks Again

Q: I just initiated a position in NEE about a week ago. With the dividend cut forecast and now down about 4% in the past 5 days, do you still see NEE as a hold?

Q: Peter and His Wonder Team
Just noticed CET is consolidating 7 for 1.
In general what do you think of this move? Will the cost of the new share be 7X more? Thanks for your insights...always helpful.

Q: Please advise how I can invest in Solar Energy , long term investor, medium risk ok
Many thanks
Peter

Q: Good morning 5i,
I just read your excellent report on Canadian companies which could rebound with a changing economic environment, especially concerning rate cuts. You mentionned AQN and a Brookfield clean energy company.

I imagine the same dynamics would hold for US stocks. I was wondering specifically, whether ICLN might be an American company similar to the Canadian ones you mention?
thanks for the great service

Q: Hi Everyone at 5i!

With all the political complications in France right now, do you foresee any problems with TTE? It is a France based oiled gas company. I feel that the stocks in France may get a bit of a drubbing depending on the election results. I have a nice profit right now. Your thoughts??Hold?? Sell??

Cheers,
Tamara

Q: What would a good entry price for AQN be?
Do you believe the dividend is safe?

Thanks

Q: I understand many Nations will add Nuclear Power How to Play this ?

URANIUM PRODUCERS CCO NXE DML etc

BUILDERS OF PLANTS SNC , WESINGHOUSE CCO and BN or SMR Small Reactors

WHAT ELSE ?

THANK you RAK

Q: Between these 2 stocks, both with good growth and dividends, would you prefer for a long term hold. Are their dividend taxed differently in Canada?

Is there another CDN or US stock you prefer to these two?

Q: Interesting article today in Wall street journal on Canadian oil sand producers.
i like this point: More recently, some companies have started replacing human-operated trucks with autonomous ones. Suncor Energy sees room for even more efficiency: On a call with analysts last month, the company said the WTI crude-oil price at which it can reach corporate break-even could come down by $10 a barrel, or about 19%, by year-end 2026.

Perhaps Buffet will buy in again (not sure if he sold his whole position).