Investment Q&A

Q: Please comment on the quarter. I note the company's commentary is very plainly stressing that they will continue with the dividend at current levels. Thanks Greg

Q: WIth the Q3 report just out, have any of the team had a chance to read the report?
I see capex spending will go up by 10 million for this year, Cashflows are positive along with net income, I guess that might be the best we can ask for in the oil sector. What are your thoughts of the report?

Q: I have 300 shares of this stock which are now worthless. If I sell for a tax loss, do I give up my rights to any damages awarded from the class action lawsuit currently underway against the company.

In your experience what are the chances of a positive result for me from this type of lawsuit and will the per share amount of any award be worth waiting for. Thanks

Q: Hi,
Jeff Tonkin, CEO of Birchcliff Energy (BIR-T)was on BNN-Commodities show this morning and discussed a recent change with TC Energy for buyers of Canadian Nat Gas to now be able to put their gas into storage year round as they are not required to have fixed and interruptible transportation. He said this puts a floor on the natural gas pricing. Do you agree and do you see this as significantly contributing to BIR-T and other nat gas producers bottom line and ultimately increasing their share prices? Thanks

Q: Your thoughts please on ALA’s earnings and ability to meet current dividends going forward? Thanks.

Q: Last year global oil demand again hit a new record, over 100M barrels PER DAY. Even with renewables increasing, the demand for oil is continuing to increase and the EIA expects this trend to continue for a long time since global energy demand is will grow and renewables won`t even be able to keep up with demand. So assuming oil goes from 100M consumption per day to 120M barrels, what oil companies do you see benefiting the most. If Alberta oil continues to be landlocked due to political reasons, would it be best to look to the USA who now have record exports. If so who would be the best companies. Or do you think that with Canada being curtailed it will mainly benefit state owned companies like Iran, Saudi.

Q: I picked up some FRU on the recent sell off. At the time I thought PSK was the more stable stock! How does FRU compare to PSK now? Is FRU in danger of succumbing to the same problems that have just hit PSK? Which do you consider the better stock?

Q: Quite the drop today. Can you comment? Thanks!

Q: What are your thoughts on Parex as a long term hold, do you prefer it over other oil & gas picks ( if not, what do you prefer? ) and what is the reason for the recent insider stock sales?

Q: Hello 5i Could you comment in IPCO as I inherited this from there take over of Blackpearl Thanks

Q: Do you have any explanation for the sell off in AQN the ;last couple days. Would a purchase at this price be recomended

Q: your article in the financial post was very insightful.
the only stock to make 2 different screens was enerflex and yet it is near its 52 week lows, its chart looks horrible. why is this, i think because it is related to the energy complex but not sure.can you help, i had this stock in my watchlist forever.
also nice to see goeasy on the harder to make last screen, nothing surprising here, its always undervalued.
dave
also n

Q: I have been away for a few weeks and went back to listening to my business podcasts. One that I enjoyed tremendously is the National Post podcast on climate change. It’s great listening and I do love her co relation of the climate change situation and the hysteria about it to a Monty Python skit , the fact that a lot of people are willing to blame yet very few are willing to talk about solutions. Great listening and a great explanation . the link to the podcast.

https://podcasts.apple.com/ca/podcast/down-to-business/id1460294675?i=1000453699239

The company has no debt and seems to be in the sweet spot of growth at the moment, your views on the company and its air quality improving technologies please , thanks, Jean

Q: DAN DREYFUS make the following points on cnn.
1.pipe line constraint forces CNQ to give more $ to share holders.
2.dividend is good long term.
3.at $45 wti they can still have 4-5billion or so free cash flow for years
4. similar logic works for SU and CVE.
could you comment on the above. would you agree and why or disagree and why.
thank you
Yossi

Q: At around $7 it looks as tho FRU is heading for its IPO price almost 20 years ago, and PSK is not much better. the question seems to be - is this an indicator of future oil price and its value to the economy? Both these equities used to be considered relatively stable and possessing underlying value, current and future. Is this no longer true?

Q: An article in In today's Wall Street Journal suggested that if Elizabeth Warren is elected president and bans fracking on Federal lands ( she actually wants to ban it totally, but I don't think she has jurisdiction to do that ) then Canadian shale drillers would be the big winners. Which ones might that be: Encana, Seven Generations? others?

Q: With a minority government likely to paralyse the political agenda, American investors are unlikely to return to the oil patch any time soon. Do you agree ? And which energy companies do you see as most likely to suffer from this?
Jacques, Montréal

Q: What are your favourite energy names that have decent/reasonably safe dividend yields, strong balance sheets and are cash flow positive at current market prices? Not looking for the names most levered to oil/gas price rebound.....I don't mind being patient on long-term holds that are very cheap today and will be around in 5-10 years.

Cheers

Q: I have been watching KML. My portfolio is a bit mixed up these days, and could probably use a little more diversification within my dividend plays (weighted heavily in Banks at the moment). At 4.5% yield, this looks like a decent play, and it feels like there is upside potential with the share price, with limited downside (assuming the Pembina deal stays on track, as the company has said). I like the stability of their income, and it looks as though they have "taken their lumps". How do you guys feel about KML these days?

Thank you in advance

Don

Q: HI
How safe is Arc's dividend if the price of oil stays flat? How safe is it if oil goes back into the 30's? Or, what scenario would lead Arc to cut its dividend?
thanks
Joe