Investment Q&A

Q: Do you view cutting dividend in half a positive or negative-14 percent seems inevitable to cut

Q: Peter;;Could you comment on the FTS financing- is it a war chest offering for another take over or a honest debt reduction etc and is it an opportunity to buy some more ? Thanks,
. Rod

Q: Hello Peter and Ryan,

Saw three big volume trades crossed right at the opening bell,in which Scotia Capital crossed 3.75 million shares at $9.81, while RBC Capital Markets did two crosses at the same price, one for 2.5 million shares and the other for 1.25 million. Just wondering the implication of doing this since the buyer and seller are the same broker? Thanks!

Q: Hello!

TransGlobe Energy for me is down 40% for me since buying it earlier this year. While I do have a time frame of at least several years, I am wondering about the opportunity cost in the shorter term, especially given the sector and specifically TGL's operations being primarily in Egypt. It is in a TFSA, so tax loss isn't part of the conversation. It is not a big position, and is less than 2% of portfolio.

I'd appreciate hearing your thoughts on its short- to medium-term prospects.

Marc.

Q: Hi,
Can you tell me which Canadian oil and gas company uses the largest proportion of its cash flow to buy back its stock and which one is buying the largest proportion of its market cap?
Thank you in advance.

Q: I'm retired. I own TRP and ENB, (7% weight total).I want to lighten up on the number of equities. Should I sell one of KEY,EMA or AQN (2.5% weight each )and deploy the cash into the other two, leave every thing as is or lighten up on the sector.

Q: Can you explain the financing structure, approximate closing date and the financial impact on the company upon closing.

Thanks

Q: Do you have any stock suggestions for "green" companies, ideally that pay a dividend. (ie such as Northland Power)

Q: In a recent answer to a question on an oil company, you mentioned that it is hard to be optimistic on a company if you don't like the management team. So my question is, which of the management teams in the oil sector would you want to align yourself with, and why? Alternatively, which of the management teams would you not align yourself with? Please deduct as many credits as necessary to fully answer my question. Thank You.

Q: Do you know why Pason stock is falling? Seems to be reaching new lows. Is it due to large sell off by funds/institutions or insiders? Or is there any fundamental cause for the same. Please advise.

Q: Peter and His Wonder Team
I had a significant position with BXE. Of course with there ...I think you call it "reverse split"...I was almost wiped out.
Trading was halted for a few weeks and now they are not listed at all. Can you provide any information about the status of this company and if share holds have any value left? Thanks!

Q: I see you are not liking PIF lately. At what price do you think it gets more interesting again?

TIA

Q: Could you provide a list of your top 3 Canadian pipelines and identify the one you would buy today for growth and overall strong management for a 2-3 hold.

Thank you Donna

Q: do you like energy stocks as a speculation and if so which ones would you recommend?

Q: 8 months ago, most people I know owned something in the cannabis sector
and those who didn't told me they missed a generational opportunity. Since then, the sector fell 65%. Many were wrong, including the management of Constellation,
who bought 38% of Canopy. Could market participants be just as wrong with energy right now? Aren't sector bottoms supposed to "feel" like this? In your answer, could you tell us if there has ever been a sector on the Toronto stock exchange that got destroyed similar to the current energy sector, and whether or not fund managers were also selling? A sector that later returned close to its previous highs? (ps: I wish I could find videos showing what was said close to bottoms back in 2001 and 2009).

Q: As I hold a position in Freehold Royalties could you please give me your opinion on the company and if I should hold or sell this stock.
Thank you for your reply.

Q: Good day 5i, do you believe the energy sector will ever recover and if so would this be a good time to start small positions considering most companies are at their lowest valuations in history? Thx in advance

Q: Hello,
Reading back through your comments on Baytex, it appears you are not large fans.. However, in the last question, you mention it has strong free cash flow yield.. I understand that you don't trust the management team, but in this environment where all management teams are in survival mode and paying down debt or buying back shares, don't you want to align with the best free cash flow companies?
Thanks,

Q: Hi 5iR Team, TD puts out a monthly consolidated report of its stock coverage universe. In the Sept. 30th report I looked at their Junior/Intermediate O&G stocks. I noticed that if I arbitrarily picked an upside % of 70% i.e. current price and TD's Target Price there were 13 stocks. The lowest was TOG at 70% upside and the highest NVA at 152%. In addition, some of the stocks like WCP and FRU are yielding 8%+. For me as an investor this is compelling data. Lastly, reading further into the report TD's O&G sector thinking as stated by their senior analyst is not Bullish. In other words TD does not appear to be exaggerating the facts, attempting to make some case for investors buying O&G stocks.........but the analysts in the field certainly feel incredibly positive on a number of Junior/Intermediate names.
How do I sort this out??
What would be 5iR's top Jr/Int. O&G picks?
Thanks team. Cheers, Chris

Q: What Canadian energy (oil and gas) companies (stocks) have the best cash flow, in other words 2 or 3 times or better cash flow of the best 10 stocks?