Q: There have been no questions on STEP Energy since it's fall from about $13 down to below $1. It's now at about $3. Do you see more recovery here? Is the company healthy? Thank-you.
Q: Do you currently prefer oil companies vs gas companies for growth ? Please give me your choices in your favorite sector.
Many thanks for your advice.
Ian
Q: if the electrical grids have to be beefed up to accommodate charging many more EVs , what infrastructure electrical companies { power lines & transformers }and parts suppliers{ charging stations } that are publicly traded ,could be considered a wise investment with lots of future upside ?
My overall portfolio weighting in energy has grown to 20.49% and I am looking to trim and/or get out of a position in the next few weeks/months.
I currently hold SU 9.62%, TOU 4.74%, PXT 1.11%, KEY 1.07%, ENB 3.95%.
Leaning towards selling my entire position on PXT and some of SU but would appreciate your opinion. I still have a high conviction in the energy sector but I am uncomfortable with my overall weighting in it. Would greatly appreciate your thoughts and how you would rank each stock to each other.
I am also underweight in industrial/healthcare/utilities and looking to purchase a stock in those sectors with whatever i sell in energy. Would appreciate a recommendation in each of those sectors.
Please deduct credits for above as you see fit and thank you again for all that you do.
Q: Hello 5i Could you comment on Crew as to there debt level and overall status. There was a takeover of Leucrota and I was wondering if with the recent upward movement in the stock price that there may be a takeover of Crew.. Your opinion on the possibility of a takeover would be appreciated.
Q: Just read an interesting Barron's article on Equinor, a Norwegian company. It appears that this company might strongly benefit from the shortages of oil and gas in Europe being so close to this market. How would you assess this company and its capacity?
Thank you!
Q: hi, these equities are overvalued, over-leveraged, with shrinking earnings, according to Morningstar Canadian Dangerous strategy. do you think any are compelling sells now, and which would you Hold?
thanks, Chris
Q: I just read the Bloomberg announcement that the Biden Administration is considering a large release of oil (“up to 180 million barrels”) from the Strategic Reserve to combat inflation and to lower gasoline prices. This would be in addition to the 80 million barrels already released in the last 6 months. The suggested rate of release is 1 million barrels a day. The price of WTI dropped 5.5% on this announcement. It was stated that if this strategy is approved, the IEA would attempt to have other countries join this action to provide a coordinated release from several sources.
I don’t know whether this announcement is just an attempt to jaw-bone the oil price down or if it is serious. It certainly impacted the price of oil. If the full plan were implemented, what would you predict the impact to be on Canadian energy stocks in the short term (3months) and by year end.
Please ignore the following question if you are uncomfortable with it. “What action would you take if you held a slightly underweight position in the energy? Buy more? Sell some? Do nothing?”
With appreciation for your great service to us small retail investors
Ed
Q: Hello, I am up 50% on this stock. Is there good mid to long term potential with this stock at this current price? I am also trying to reduce my portfolio volatility. For example, AW.UN is low volatility to me, whereas EGLX is high volatility. I would be happy to hold SCL if you think this stock has mid to long term potential and with volatility that leans towards AW.UN than EGLX. Thank you.
Q: i was told tve is going to be in a taxable position end of year and that will mean they will have to pay taxes and as such cash flow will be reduced by approx 15% or what ever the tax rate will be. can you confirm this?