Investment Q&A

Q: Good Morning Peter, Ryan, and Team,
I am looking to add one oil producer and one natural gas producer
to a conservative, income producing portfolio. I am looking for sustainable dividend growth over time. Which names would fit this criteria ??? Thank you. DL

Q: Pipelines seem to be a tough area to do business in right now. The Line 3 project for ENB doesn't seem to be different- especially with the routing decision in MINN. Do you feel there is risk to the project being completed? If so, is it possible to quantify the damage to ENB? Alternatively, if they move ahead with the approved, but not desired route, can the added costs be worked through to movements in the share price? Trying to get a better understanding of possible risk on this.

Thanks

Q: What do you think about the planned dual listing for this company on the Hong Kong Stock Exchange in 2018? Word on the street is they are looking to raise $20M CAD through GF Capital. I have heard that it is looking for $2 CAD/share @ a 20 P/E. If it got to the $200M cap range, would we see more volume & interest?

Q: Hi Peter, Ryan I would like to add to my TFSA account and am undecided between RRX and SDX. Of the two which is the better bet for growth for the long run. Thanks, Nick

Q: I do not have much exposure to oil & gas industry, which has been rising nicely in the past few months. I would like to use an ETF to invest on this theme. I was wondering if I should invest only in Canada or if I should go US or international. Could you suggest an ETF? Thanks.

Q: With the price of oil heading up, do you foresee any ups for this company?

Q: Can you please comment on the Velvet Energy offer to acquire Iron Bridge Resources (formerly RMP Energy). Thank you.

Q: I currently have a 12% weighting in Energy. 60% of which is split between ENB and PKI as my core holdings and the remaining 40% split between VET, WCP, TOG, RRX and CJ. I am comfortable with the ENB and PKI but I am wondering if I should make any changes to the other 5 holdings. Drop one or two of the weakest and concentrate on the remaining 3 or 4 stronger names? Trim all 5 and add another name? I am hoping the oil rally continues and I want to be in the best position to take advantage of it.
Many Thanks
Scott

Q: Hi 5iR Team, I have read a number of your answers to investors questions on PD. 5iR's main concern appears to be PD's high debt. I have read TD's most recent PD report dated April 27/18. In contrast as stated below it is positively a glowing report on PD as if management could walk on water. TD states....
"In our opinion, persistent negativity across the Canadian oilfield services sector
has created one of the best opportunities for investment in quite some time. In this context, we believe that Precision should be a core holding in all
energy portfolios, based on our view of its quality assets, compelling valuation,
potential for FCF generation and deleveraging, experienced management team,
scale advantage, strong U.S. exposure, leading-edge technology initiatives, size,
and liquidity. Specifically, as supply constraints result in near-term pricing traction
and rig upgrades, we expect that Precision's high-quality, homogeneous asset base
will require less capital spending than its peers, implying stronger relative FCF
generation. We are maintaining our ACTION LIST BUY rating and $7.00 target price. In addition, TD does recognize debt as a concern for PD but feels management is committed to better capital discipline.
Ok, 5iR other than high debt do you have other concerns that clearly TD has yet to uncover?
As a cautious investor it always gives me a better feeling when I can get both 5iR and TD analysts recommendations to concur.
Finally SES would probably be TD's second top pick in the drillers. Any thoughts on SES?
Thanks Team. Cheers, Chris

Q: Assuming oil prices stay between 70 to 75, which of the following would you recommend first, please arrange in the order of preference for the following criteria :

good management
leverage to the higher sustainable oil price
great assets and net backs
reasonable balance sheet
good Western Canadian price for their oil.

the list which you can add to.

sgy,vet,wcp,cpg,ath,tog,bte,cj,rrx,

thanks
yossi

Q: Hi

What are your thoughts on GTE?

Thanks

Q: Top 3 dividend paying energy stocks that have a chance of share price growth?

Q: Hi Peter
I have almost no exposure to the energy revival . Can you recommend some good growth companies the will survive for the next five years .
Candi

Q: Just Energy has announced $1.40 earnings per share for the last quarter. This compares with $1.13 earnings per share for the previous quarter. No doubt it is carrying a heavy debt.
But with a 0.50 cent dividend, the yield is well over 10%
May I have your opinion please if JE might be a Buy here. Thanks
Eric

Q: You recently (April 20) described VET as good for growth and income. VET does have a steady dividend of ~6% so I would agree with the income thesis but where is the growth? In the past five years, VET has not improved its stock price and its small dividend increases only covered the cost of living. In addition, in the past two years, its value has not responded to the increase in oil prices. Just how far back does one have to go to justify the 'growth' viewpoint?

Q: I think the above are the only energy (producers) in your portfolios. Would they still be your top picks in junior oils ?? Thanks Jim

Q: Good day...thanks for all the great guidance that has made us far better investors than we were before joining five I....my question is ....we have a 1% position in IKM at about the present price...firstly what do you think of this company and its positioning in a positive oil cycle and does a 2 - 2% allocation make sense in the context of us having most of the balanced portfolio with some of the income and four from the growth portfolio and we do not own WCP....some help in our decision making would be greatly appreciated....Eugene

Q: Up substantially the past month. Is it time to sell Cenovus.

Q: Does the announcement by LNG Canada, the Shell consortium, bring any hope to the BC gas producers, and if yes, which ones would benefit the most. Thanks. Rod

Q: Hello 5i,
The market seems not to like the most recent news from KEY about a new storage and terminal investment in Cushing, Okla.
While KEY doesn't specify (that I saw) the funding, they indicate it is a manageable project. Superficially, I would see this as being far more positive news than negative - what am I missing here? Just the potential increase in either debt and/or share dilution?
Thanks for any insight you can provide!!
Cheers,
Mike