Investment Q&A

Q: Time to move on and take a loss or is the recent quarter another indication that I picked a good company in a terrible sector and should hang on?

Q: I own some APU shares in a RIF and although it's probably not the best type of investment (Limited Partnership) for a RIF because of the witholding tax in the US, I always thought that the higher dividend compensated for that.

The shares bounced around my purchase price for a long time, showing small gains or losses, but it's now down 21% and I'm not sure whether it's worth keeping.

Would you recommend holding or selling and if you recommend selling, would you give me a few recommendations in the US that pay a dividend that look more promising. I have ENB in the US and plenty of REITS.

Q: I have owned VII just long enough to catch the slide. Looking at your July answer on this stock, would you recommend jumping ship or buy in. This is a small holding.

Q: WR Jacques Q. Andrew McCreath today on BNN had what I assume to be credible reason for WCP budget delay. If you inputted what WCS oil is selling for presently ($15) no business plan in the Alberta field would look reasonable.

Q: Why would Whitecap delay there guidance for 2019? Is there a possibility that they are planning to cut the dividend? If so, what would that do to the stock price?

Q: cardinal is dropping a lot . Do you think the company will survive Canadas current energy environment? And if not what would be a better company to go too? thanks

Q: Pinnacle Renewable has dropped quite a bit recently. Is it just related to the overall market, or is something going on with the company that I should be concerned with? Thanks!

Q: dear 5i group
i did not tender my shares of tng.what are my options?

Q: Hi, I’m a little low on oil and reits and was thinking of vermillion or summit to add at this time. Vermillion because of a possible rebound and dividend, or Summit as it is in a nice uptread but may be soon done? I have been caught a few times buying high and watching it go south.
Would you have a clear idea which way to go or a better alternative? I don’t want to buy both because of limited funds
Thanks

Q: I understand that Parex is in the middle of a strategic review, I just don't understand (a) why a sale of the company makes sense, and (b) why the stock price continues to fade. Doesn't Parex have one of the better business cases out there? Cash, Brent pricing, new wells - what's not to like?

Some months ago, on BNN, Dennis de Silva suggested that their assets are entering a declining phase - which would certainly make a prospective buyer think twice. But aren't most (all?) O&G companies constrained by the wasting-assets problem? Yet we continue to invest in them.

Q: I have not done very well with HNL recently. A few days ago it announced some new contracts or extensions. What is the impact of this news on future earnings? Will HNL profit from BC LNG projects? Is it a sell or a hold? Thank you.

Q: VNOM has gone down quite a bit in the last couple of months. I am up on the stock nicely - do you think it's a time to take profits? Where do you see it going in 2019?

Q: Hi Guys,

I sold WCP for the tax loss in October. Since then it has declined from $8 to $5. Any suggestions as to when to buy back, or would you suggest any other replacement, say VET?

Still hanging on to Teck at a big decline. Was concerned that they would bring on a partner for their copper mine in Peru. Any point in waiting longer or will a deal not be of any impact?

Thanks,

KC

Q: Hello Peter,
What are your thoughts on GMP Capital? I have lost more than 50% on the stock since I bought it. The company does seem to be doing fine as it gives out special dividends and with recent takeovers of other related companies, I thought GMP would gain traction but it has not moved up much. Yangarra resources has lost lots of its value but mostly due to the sector issues. A few questions please:
i. Understanding that both companies are in different sectors, do you think Yangarra has higher chance of increasing in stock price then GMP
ii. Given our current policies on energy and pipelines, do you see the oil sector recovering anytime soon as i was thinking of putting monies in other companies like Tourmanline etc
thanks very much

Q: Hi Guys,
I submitted this question last week so not sure if it didn't go through or just got lost in the shuffle. The question is as follows: I am concerned about the oil and gas industry going into a prolonged down pricing environment. Can you rank these companies in terms of balance sheet strength and their ability to withstand a prolonged downturn? Can you also speak on if any of these would be in significant financial trouble (e.g. - bankruptcy) over a prolonged downturn?
Thanks,
Dean

Q: Good morning,

Any reason you see for today's $1.25 drop in Altagas? The only recent material change seems to be as of Nov 20 with the appointment of Randall Crawford. Any insights are appreciated.

Thank you

Q: I would appreciate an initial assessment of Tervita (T.TEV) which recently became Canada's largest oilfield waste management and environmental services company following their merger with Newalta Corp.

Q: Could I have your current top 4 or 5 picks in the junior to mid cap Canadian energy sector please. Thanks, Don

Q: My energy setup currently is WCP (2/3) at a loss and BIR (1/3) at a gain. Would you take advantage of tax loss selling on WCP and replace with VET or trim WCP and buy VET as well? What would be your preferred setup?

Q: I need to invest in an energy company/ies and have decided upon SU and CNQ so that my energy component of my investments is appropriate . I am both an income and growth investor and at the appropriate time in the near future will invest in one or both of these companies. In your opinion is one of these companies a better investment considering my criteria (and why) or should I invest an equal amount in each. Thank you. Mike