Investment Q&A

Q: I bought half positions in CNQ and SU and I have buy orders in at lower prices which I never thought I would see ($8 for CNQ). At current prices, CNQ is yielding over 15%. Even though their dividend was well covered, does it matter how low their share price goes or is it more a function of how long the coronavirus and price war going on for that you force them to cut their dividend? Would they cancel share buybacks before cutting their dividend even though share prices are so low?

Thanks,
Jason

Q: Back in early march I asked if dividend would be ok. Topaz money. Will this help them through this period of uncertainty. I would appreciate your comments. Probably dividend will be cut to save money. WOW I have been through different market meltdowns, but not like this one.

Q: I see that insiders are buying so i want to pick up a small position for long term hold.
Should I buy now or wait for div. cut?
Thanks.

Q: Is the dividend on IPL-T safe? Or does the market think they will need more money to finish their chemical plant / or just general economics change with $10 western crude? Thx

Q: Hello,
Can someone confirm that INSIDER sales of AQN have recently been around 245,000 shares. Sounds like a lot.

Regardless, would AQN still a favoured utility choice?

Cheers

Q: Hello team,
Is this a good entry point for the stock? your thoughts on fundamentals please.
Thanks

Q: Hi Peter and Staff

It seems to me this stock has been beat up not only too much but more than the market.

Do I understand that even in the crazy oil and gas market , you have no large worries about dividend sustainability?

Thanks for all you do
Dennis

Q: Hi, I already own ENB but wanted more exposure to mid stream companies. Can you please recommend a couple of your favorites? Thanks.

Q: At this level, what are the implications of a 50% cut to the dividend? How could it go any lower?
Why does it show such a high valuation when compared to peers?
I see that insiders are buying.
Thanks so much!

Q: Given the abysmal condition of the oil & gas sector and the apparent attempts of Russia and the Saudi's to further roil negative market activity, some long-term opportunities must be in the offing. Which oil & gas producers have the strongest balance sheet, lowest cost of production and are, generally, the most likely to survive these current circumstances?

Q: Is ACI deal is called off. It seems that investors think it may not go through. Your assessment of the situation is much appreciated,

Thanks

Q: just wondering your thoughts on the pipelines right now. are the dividends safe at such high yields. would you be a buyer? also i have held EIF for a long time. is divy safe and would you purchase more?

Q: What is the outlook for above noted companies in terms of :
1. Balance sheet. Which companies can survive this down turn in the oil patch? ie not go bankrupt. Please add comments and list companies in order.
2. Which companies are hedged and how long do their hedges go and at what prices are they hedged at?
3. Would you currently take a position on any of these companies?
4. Any other helpful comments are appreciated.

Q: Hello there,
I know oil is ugly here but looking at these two. Which one has the stronger balance sheet and are there any dividend sustainability issues? Suncor literally just increased their dividend 11% last month and announced a buy back. I think they would lose a lot of credibility if they turn around and cut it now? easier not to proceed with the buy back?
thanks

Q: Dear 5i team,
Would you have concerns to buy a really small number of any of these, say 50 shares, none are in my portfolio. The prices seem very attractive and I have not sourced key info that would say ‘no’ but I’d like to check in with you in in case I’ve overlooked something.
Which would you say is best, and no worries if you consider them all a ‘no’ right now.

In the energy arena, in light of several posts about bankruptcies, could you enlighten further please:
- are there any that stand out as being at greatest risk of that happening
- for big/medium names like ENB, CNQ, SU, KEY for example, would you consider them solid enough to be ‘immune’ to bankruptcy (assuming they are not in your group of ‘greatest risk’)

As a dividend investor, do you as a team ever produce a list of stocks most at risk/greatest likelihood of cutting dividends? Are most investors surprised by dividend cuts or is there a set of clear indicators that a cut is coming?

Thank you!

Q: Pembina seems to have taken a much bigger hit than Enbridge. Why?

Q: I have a very large position in MRU. It is proving resilient. With an interest in rebalancing my holdings and with energy so decimated, would it be a good time to take a portion of my MRU and switch to SU ? In a sense this is switching between two strong long-term retailers; Metro and Metro-Canada.

Q: Of these two companies do you have a preferred pick? How does each look ion terms of debt in your opinion? Or is there another oil play you like better? Long term buy time frame min 3years please credit as many as needed for question

Q: Its an impossible question to answer with any degree of certainty... but I'll ask it anyway.

Given what we know now, and understanding the future is entirely unknown, what would you say the percentage changes are of Enbridge cutting their dividend?

Thanks. Stay safe.

John

Q: Good morning to all. Hope everyone has been managing ok these last weeks
Can you tell me what your thoughts are on this company I realize it is in the energy sector, would it be a stock that One could look into
Thank you. Take care