Investment Q&A

Q: In today's Bloomerg an article said that Brookfield and others are finding bargains in Trump's Big oil era. Its a buyers market. It seems for those with pateince, buying BEPC or BEP.un is a good move and you get decent dividend while you wait.

Q: Dear Peter et al:

A "Drill down" from the top type of a question!

In Energy sector, these three things seem to be important.
a. Pay down debt.
b. Keep paying healthy dividend or even increase it.
c. Buy back shares.

Recently Cole Smead came on a podcast and clearly laid out his case for his preference to invest in companies that buy back shares. (In the Money by Amber Kanwar, erstwhile BNN Bloomberg Marketcall host).

What is your take on this? What are the 3 companies in the Energy sector that you like using Share buy backs as the metric?

Thanks in advacnce.

P.S. Hope we see you Peter on Amber Kanwar's In the Money podcast. It seems to be getting some traction now.

Q: With interest rates predicted to trend lower do you foresee more upside for utility stocks barring any Trump whims of the day ?

Q: Can you suggested cdn$ and us$ ETFs for a pure play on oil? Do not want to own producers. Thank you

Q: Hi,

If the war in Ukraine ends, how would it affect oil prices, specifically, SUN, CNQ, ENB, CVX?

Q: What do you think the odds are of Canada throwing in their trump card in the tariff wars and adding a 10% export tax on the 4 mbpd of oil sent to the states (~20% of their entire consumption)? This would likely spike the world price a lot and not reduce Canadian exports at least in the short term. Would this be a huge "win" for Suncor and other Candian oil stocks?

Q: Thanks a lot for the very informative reply to my earlier question on CNQ.
While reading your reply, I was wondering what fraction of its debt is subject to interest rates determined in Canada vs the US rates. Or do you think it is immaterial.
Thanks again.

Q: Hello Team,
Which of these two companies would you expect the best return, capital appreciation plus dividends over the next 2 to 3 years, and why?
Thanks,
Barrt

Q: Good morning,
Gladly Bir is high today, any reason ?
Thank you

Q: From a look at the CNQ price history graph, roughly between 2006 to covid, CNQ cycled between $15 to $25. For some 3 years post covid, it climbed from $15 to as high as $55. It is now about $42 which is still quite a lot above the 2006-2020 trend. I would be grateful if you can comment on what was holding back CNQ in the first period and what drove it during the second period, such as change in earnings, P/E, etc. I would like to understand if it is currently overpriced and if it dropped back to the $20-$30 range would the dividend be much at risk.

Q: On MarketCall, regarding oil sands companies, Eric Nuttall top picked MEG and Athabasca, while having some negative comments about Cenovus, particularly the negative EBITDA they are generating from their refining business. Would you sell a position in CVE and buy ATH or MEG instead?

Q: What do you think of peytos latest earnings.

Q: If the northern states can get electricity from other US resources, how might that affect the stock price of Hydro One going forward?

Q: Hi team ,
What’s your take on the oil sector in Canada currently? Currently oil prices, sentiment is low for various known reasons. However , in this cycle would you consider the sector near bottom yet? And any potential catalysts on the horizon? With potential of new government possibly coming in by year end (conservatives ) , and a hopefully new wake up call for all of Canadian politicians and policy makers hopefully leaning towards a more self sustainable country and development of our resources and pipelines; would you consider this a opportune time to buy a quality oil stock? In specific I was looking at Wcp after its recent added drop after its acquisition. I am looking at a 8.7% dividend with possible upside potential if sentiment recovers . Would you buy this name today considering I have almost 0 sector exposure currently ? If not; a better name from today’s levels suggested?

Thanks ,
Shane

Q: I am hoping you will be able to direct me to a website where I can find the current pricing of Cdn Natural gas and Oil...I can locate US prices but not CDN...hopefully it will be a free website...many thanks...Cheers

Q: It seems the mid-stream oil and gas companies are holding up fairly well in this world of uncertainty. I would like to take positions in all, or some of these companies.

Are there any of these that you would not invest in at this time? If so, why not?

It would also be helpful if you would rank order them for me in terms of reliability of dividends and value at this time.

If you think there are other mid-streamers you like please feel free to include them.

Q: Is there any reason that would drive TOU to increase the regular dividend but lower the special dividend? Over all, the impact is the same but there must be a driving reason behind this decision?

At what price do you think TOU gets attractive to add to a position?

Q: What do you think about the most recent results for esi and the prospects for this company going forward? What is the stock falling?

Q: Do you know what the tax consequences will be for Veren shareholders? I see no mention so I am assuming that this will be a taxable event. I'm hoping that as a merger it will not result in capital gains taxes but just an adjustment to the ACB.

Q: Holder of vrn. your recommendation of selling now or accept the offer.
Thanks