Investment Q&A

• Suncor Energy Inc. (SU $60.07)
  • $60.07 P/E (TTM): 14.25X Cap: $72.16B
  • View SU Profile
  • View Questions on SU
• Enbridge Inc. (ENB $65.66)
  • $65.66 P/E (TTM): 25.03X Cap: $143.22B
  • View ENB Profile
  • View Questions on ENB
  • View Reports on ENB
• Imperial Oil Limited (IMO $123.82)
  • $123.82 P/E (TTM): 16.18X Cap: $61.60B
  • View IMO Profile
  • View Questions on IMO
• Canadian Natural Resources Limited (CNQ $44.66)
  • $44.66 P/E (TTM): 14.33X Cap: $93.03B
  • View CNQ Profile
  • View Questions on CNQ
• Cenovus Energy Inc. (CVE $24.31)
  • $24.31 P/E (TTM): 14.44X Cap: $43.54B
  • View CVE Profile
  • View Questions on CVE
• ARC Resources Ltd. (ARX $25.61)
  • $25.61 P/E (TTM): 6.41X Cap: $14.74B
  • View ARX Profile
  • View Questions on ARX
• Peyto Exploration & Development Corp. (PEY $22.95)
  • $22.95 P/E (TTM): 12.49X Cap: $4.61B
  • View PEY Profile
  • View Questions on PEY
• Tourmaline Oil Corp. (TOU $62.52)
  • $62.52 P/E (TTM): 18.07X Cap: $24.19B
  • View TOU Profile
  • View Questions on TOU
• Parex Resources Inc. (PXT $18.23)
  • $18.23 P/E (TTM): 11.47X Cap: $1.75B
  • View PXT Profile
  • View Questions on PXT
• Birchcliff Energy Ltd. (BIR $7.42)
  • $7.42 P/E (TTM): 27.26X Cap: $2.02B
  • View BIR Profile
  • View Questions on BIR

Q: Thank you for your prompt and your customary excellent answer to my earlier question!

Q: 1. May I then request you to give me a concentrated collection of small/midcaps energy stocks that you think will be comparable to an ETF? say ZJO?

Q 2: Big and mid to big caps that are comparable to XEG?

I will leave the number of stock selection to your discretion.

Many thanks.

Upvote 0

Read Answer Asked by Savalai on November 09, 2021

• Spartan Delta Corp. (SDE $7.37)
  • $7.37 P/E (TTM): 37.85X Cap: $1.47B
  • View SDE Profile
  • View Questions on SDE

Q: I would appreciate your comments on the 3rd q numbers. They seem quite impressive but I don't have access to reports that indicate what analysts were expecting in cash flow. They seem to have beat earnings by a wide margin.

Upvote 0

Read Answer Asked by Murray on November 09, 2021

• Enbridge Inc. (ENB $65.66)
  • $65.66 P/E (TTM): 25.03X Cap: $143.22B
  • View ENB Profile
  • View Questions on ENB
  • View Reports on ENB
• Canadian Utilities Limited Class A Non-Voting Shares (CU $41.75)
  • $41.75 P/E (TTM): 20.35X Cap: $11.28B
  • View CU Profile
  • View Questions on CU

Q: Is it an overkill to own both CU and ENB for the purposes of diversification, or are there sufficient distinction between the two businesses?

If the focus is on a steady growing income, and some growth, which would be your pick today? Thank you

Upvote 0

Read Answer Asked by ANDY on November 09, 2021

Q: Peter; Any reason natural gas is off about .45cents this am ? Thanks. Rod

Upvote 0

Read Answer Asked by Rodney on November 09, 2021

• Headwater Exploration Inc. (HWX $9.04)
  • $9.04 P/E (TTM): 12.47X Cap: $2.15B
  • View HWX Profile
  • View Questions on HWX

Q: Hi 5i
I have been unsuccessful in my search to find the release date for HWX 3rd Qtr results. Are you able to provide it? Thanks

Upvote 0

Read Answer Asked by Gordon on November 09, 2021

• Vermilion Energy Inc. (VET $11.61)
  • $11.61 Cap: $1.78B
  • View VET Profile
  • View Questions on VET

Q: Vermillion has been quite a bit higher in the past years. Now with oil around $80, although the stock is up it is not getting back to where it was a few years ago. Is it company specific issues like maybe debt or does the market not trust oil staying at $80? Any thoughts on this would be appreciated. Thank you.

Mike

Upvote 0

Read Answer Asked by Mike on November 09, 2021

• BMO Junior Oil Index ETF CAD units (ZJO $21.98)
  • View ZJO Profile
  • View Questions on ZJO
• iShares S&P/TSX Capped Energy Index ETF (XEG $19.29)
  • $19.29 P/E (TTM): 1.58X Cap: $1.43B
  • View XEG Profile
  • View Questions on XEG

Q: Hi Peter and team:
This is both a macro and micro question. Energy sector is hot and when I see you are tweeting a response to Eric Nuttal's exuberance, then I know I have to take notice!

When you gaze into your crystal ball, :) how much more upside do you see in the energy sector? Assuming energy has a ways to go yet, do you think it is going to be propelled by large caps or mid/small caps? Is it easy to play this rally via XEG or ZJO?
Or read your Q&A and buy an assortment of large and mid/small caps? I know you have consistently favored U/ENB for example.
Many thanks.

Upvote 0

Read Answer Asked by Savalai on November 09, 2021

• Enbridge Inc. (ENB $65.66)
  • $65.66 P/E (TTM): 25.03X Cap: $143.22B
  • View ENB Profile
  • View Questions on ENB
  • View Reports on ENB

Q: Hi, Biden made some comments at climate accord about revisiting Line 5 decision which apparently resulted in weakness in ENB’s share price. I thought Line 5 had been put to bed. Could you please provide some context as to potential seriousness to ENB. Thanks.

Upvote 0

Read Answer Asked by Gary on November 09, 2021

• MEG Energy Corp. (MEG $30.89)
  • $30.89 P/E (TTM): 6.87X Cap: $7.85B
  • View MEG Profile
  • View Questions on MEG

Q: Can you please comment on earnings

Upvote 0

Read Answer Asked by Patrick on November 09, 2021

Q: Peter; How does one know when the “ generalists “ sector are buying the oil and gas sector? Thanks. Rod

Upvote 0

Read Answer Asked by Rodney on November 09, 2021

• AltaGas Ltd. (ALA $41.89)
  • $41.89 P/E (TTM): 16.58X Cap: $12.51B
  • View ALA Profile
  • View Questions on ALA
• Algonquin Power & Utilities Corp. (AQN $8.21)
  • $8.21 Cap: $6.30B
  • View AQN Profile
  • View Questions on AQN

Q: Hi guys

Wondering for a 5+ year hold would you buy Algonquin or Altagas for a secure and steady dividend plus some growth? Do you feel one company has better leadership?

Much thanks

Stuart

Upvote 0

Read Answer Asked by Stuart on November 08, 2021

• Canacol Energy Ltd. (CNE $1.53)
  • $1.53 Cap: $52M
  • View CNE Profile
  • View Questions on CNE

Q: Hi team,
Regarding the last question on Canacol,the shares seemed to be "breaking out" but over the last week and a half and after their not so strong quarterly report what are your thoughts CNE going forward and would this be a good long term buying opportunity?
Many thanks,
Jean

Upvote 0

Read Answer Asked by Jean on November 08, 2021

• Tamarack Valley Energy Ltd. (TVE $7.71)
  • $7.71 Cap: $388M
  • View TVE Profile
  • View Questions on TVE
• Yangarra Resources Ltd. (YGR $1.08)
  • $1.08 P/E (TTM): 6.17X Cap: $109M
  • View YGR Profile
  • View Questions on YGR

Q: Would like to know your thoughts on Yangara's most recent quarter. Is there another company in the same sector you would prefer?
thanks
Don

Upvote 0

Read Answer Asked by Don on November 08, 2021

• Surge Energy Inc. (SGY $6.88)
  • $6.88 P/E (TTM): 17.77X Cap: $681M
  • View SGY Profile
  • View Questions on SGY

Q: What is your take on the quarterly results for Surge Energy (SGY) released earlier this week? The market didn’t seem too keen on it as the price dropped below 5.00/sh.

Upvote 0

Read Answer Asked by Robert on November 08, 2021

• Enerflex Ltd. (EFX $21.81)
  • $21.81 P/E (TTM): 14.31X Cap: $2.65B
  • View EFX Profile
  • View Questions on EFX

Q: This company's SP took a big dive in the last earnings release but increased its dividends. Is EFX oversold? Would it be a candidate for a quick rebound in the short term? Thanks.

Upvote 0

Read Answer Asked by Victor on November 08, 2021

• Enerflex Ltd. (EFX $21.81)
  • $21.81 P/E (TTM): 14.31X Cap: $2.65B
  • View EFX Profile
  • View Questions on EFX

Q: Comments on the recent quarter,the market sure did not like it,it was a recent Motley Fool pick, do you think this drop represents a good entry point for a 3% 2 -3 year hold
Thanks

Upvote 0

Read Answer Asked by Greg on November 08, 2021

• Algonquin Power & Utilities Corp. (AQN $8.21)
  • $8.21 Cap: $6.30B
  • View AQN Profile
  • View Questions on AQN

Q: Is there latest acqusition of a coal power plant in Kentucky, though it does plan greening hurt the stock along with some dilution with share offering.Just doesn't seem to get traction.

Upvote 0

Read Answer Asked by terrance on November 08, 2021

• TC Energy Corporation (TRP $75.36)
  • $75.36 P/E (TTM): 23.09X Cap: $78.44B
  • View TRP Profile
  • View Questions on TRP

Q: What's your current view on TC Energy? Why the decline today as it met analyst expectations? Would you suggest a swap to increase holdings in for ENB and/or CNQ?

Upvote 0

Read Answer Asked by Gerry on November 08, 2021

• Brookfield Infrastructure Partners L.P. (BIP.UN $46.99)
  • $46.99 P/E (TTM): 53.42X Cap: $21.67B
  • View BIP.UN Profile
  • View Questions on BIP.UN
• Brookfield Infrastructure Corporation Class A Exchangeable Subordinate Voting Shares (BIPC $62.33)
  • $62.33 Cap: $8.23B
  • View BIPC Profile
  • View Questions on BIPC

Q: Can you explain the difference between BIPC and BIP ? Of the two which would you prefer for a long-term investment.Many thanks,Joseph.

Upvote 0

Read Answer Asked by Joseph on November 08, 2021

• Brookfield Renewable Partners L.P. (BEP.UN $38.17)
  • $38.17 Cap: $25.11B
  • View BEP.UN Profile
  • View Questions on BEP.UN
  • View Reports on BEP.UN
• Algonquin Power & Utilities Corp. (AQN $8.21)
  • $8.21 Cap: $6.30B
  • View AQN Profile
  • View Questions on AQN
• Northland Power Inc. (NPI $17.38)
  • $17.38 Cap: $4.54B
  • View NPI Profile
  • View Questions on NPI
  • View Reports on NPI
• Innergex Renewable Energy Inc. (INE $13.74)
  • $13.74 P/E (TTM): 72.32X Cap: $2.79B
  • View INE Profile
  • View Questions on INE
• TransAlta Renewables Inc. (RNW $12.48)
  • $12.48 P/E (TTM): 45.91X Cap: $3.33B
  • View RNW Profile
  • View Questions on RNW
• Boralex Inc. Class A Shares (BLX $25.15)
  • $25.15 Cap: $2.58B
  • View BLX Profile
  • View Questions on BLX

Q: If you were to rate the above renewable energy stocks (including the ones you're aware of but not listed above) for yield+growth potential what would be your order of ranking? Thanks.

Upvote 0

Read Answer Asked by Victor on November 05, 2021