Q: Hi, taking a licking on energy with wcp down 40% and vet down 25%, is it best to hold until after tax loss selling and hope for a turnaround?
It is hard to figure with Trump trying to keep oil low, more renewable energy, Saudi’s turning on more supply, no pipelines, feds not really helping, carbon tax, and of course a big discount we give away to the USA losing billions.
It looks really bad, maybe I should add as this may be the low? Your thoughts, buy ,hold, or sell
Q: Why has there been such a huge drop in the share price over the last few trading sessions? I can’t find any company specific news. Does it have to do with the uncertainty in the market due to the Saudi situation since it operates in Egypt? Oil price has dropped but not as much as the stock price of TGL.
Sdx stock price has acted similarly and both appear cheap. Is it worth buying a little more of both or wait for more positive momentum?
Q: I have a portfolio with most sectors represented except for energy to the exception of PPL and ENB I might want to step in with a half position and wonder if I should go with an etf or rather an integrated oil company or else just a pure producer.
Q: I'm thinking of buying CEU or STEP. Which of these two do you feel has most growth in 2019. Do you feel in the near term these will depreciate because of tax loss selling.
Thank You for your great service. Earl
Q: Your comments:
would you agree at oil prices at $70 ish - $30ish discount for Canadian select oil and 3 year horizon. thanks for you view .
GLOBE :
"While we continue to believe that there are a number of strong buying opportunities in this group, we believe that taking shelter in Suncor, the best Canadian Integrated E&P in our view, is a prudent investment decision at this time. Given the company's status as a top-tier operator, and most profitable Canadian refiner, we are perplexed as to the company's relative underperformance as of late and believe that current equity price levels present a strong entry point for investors."
Q: Could you explain the large gap between Canadian oil and US oil ?
It’s having a very negative impact on my wcp holding. Is this large gap sustainable in the near to medium term or a cause for major concern ?
Q: Vermillion is getting world oil pricing is its decline more to do with it being in Canadian oil etfs and being sold with other Canadian oil producers.
Q: With the LNG set to go in B.C. would this be a good time to take a position in one or both of the above stocks. I was considering equal position or do you feel that one is better.
I'm primarily an income oriented investor and have over half of my portfolio in cash right now due to selling a house. I have a full position (which is 4% for me) of ENB (through ENB and ENF). I'm thinking of adding gradually building a full position in TRP as well. Do you see enough difference in the two pipeline companies to justify owning both and is 8% too heavy for that sector.
Q: hello, hoping to get your thoughts & opinion on SGY, BXE, & BTE. whether they are a buy, sell or hold, or just any insight you might feel useful. thank you for you time.