Investment Q&A

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

Q: RE: Tax loss selling (registered accounts)
If I sell a stock at a loss in my RRIF or TFSA, do I still have to wait the 30 days to repurchase it in one of the above registered accounts ? For example I sold KEL, am I allowed to buy ZEO or another oil & gas company ? Thanks as always for your valuable advice !

Q: When 5i says "hold 5-7% energy exposure" does this include the energy utilities like ENB,IPL,TRP etc? Thanks Ron

Q: hi, is there some nat gas producers that have reserves , low debt and are beaten up currently to the point where they may have good upside ? thanks.

Q: hi, does this company have a manageable debt level if nat gas stays low for a couple more years? thanx

Q: Please let me know what is the short interest on CPG and TCW. Thank you

Q: Your answered to a member about BBI merger that larger is usually better. I bought BBI at 47cents, I want to average down at current price 22 cents. please provide details cash flow, debt and earnings, is it worth holding and share price will appreciated in 3-5 years? could I have your expert opinions please. Thanks always.

Q: my question is as follows, every analyst and pundit i follow says this market downturn will not end until we have a massive flushout day where sellers are exhausted on huge volume with the vix at 30 or so, this has not happened yet so why do you tell members to buy anything, why not just tell them to wait.furthermore going back until 1940 no downturn has ever ended without this flush out.
second question, and i asked this before your five favorites stocks for the next year, i think you had largo, gc, i get these 2 and you had covalon, i was surprised with covalon, do you know something we do not, also could you add 2 more if possible.
and last question oil is so beaten up it seems like it is the ultimate value play, no new capacity, opec might cut ,refineries coming out of maintenance, winter is upon us,so why so negative, i own bte and bir, based on the fact oiland gas has to go higher, and the stocks are priced like oil is 25 bucks.your opinion. take 3credits thanks dave

Q: Hello,
which crude oil benchmark does WCP & SGY products fall into?
Do you see any cash flow risk at both these companies due to recent oil downturn?
Thanks,

Q: Hi guys
I know that you are not a fan of split capital shares, but I have had some success with them. With the oil companies being beaten down so much, I am willing to take a position and wait for a recovery. Are the underling companies solid in this structure. Are there any other vehicles that have a basket of oil companies that you would recommend
Thanks

Q: What is your opinion about investing in Vet for the dividend? Should the investment be in my RSP or MARGIN account?

Q: With the sell off and energy taking a beating there must be some under valued stocks out there with low debt , good cash flow but caught up in the negative herd mentality. Any recommendations?

Q: Please comment on recent numbers, I am puzzled by share price lack of performance??

Q: Heads up...
Just wondering if you missed a word in your answer to Tim today about Whitecap dividend being safe.
You wrote "WCP raised its dividend in June, and cash flow of $697M in the last 12 months easily covers dividends of $112M. But dividends are discretionary, and WCP has cut it before (Jan 2016). But we would expect a cut here. "
Sounds like you meant to say "But we would NOT expect a cut here. " - just in case it was an oversight.

Q: I am looking to initiate a position in an oil and gas company.
Can you recommend a couple of companies that would benefit the most from a rebound in the sector, also your reasons for recommending the companies. I have a fairly high risk tolerance and I am looking at a longer term hold.
Thanks!

Q: Good Morning: I hold positions in the above cdn. energy companies and not surprisingly am under water in all of them. Would like to reap the capital losses without being totally out of the sector. I'm looking at one of two possible options: 1, sell these and buy Vermillion; or 2. buy a cdn. etf that focuses on cdn. junior and mid cap oil and gas names. So, first, which of these strategies would you prefer, and second, if an etf, do you have some recommendations. I continue to consider my subscription to your advice and service good value. Thanks for your efforts. Don

Q: Considering the recent moves in natural gas, could you comment again on Altagas. Dry gas has moved sharply higher while gas liquids have gone in the opposite direction.
The questions I have in mind include:
- With higher gas prices will their power generation suffer or are they hedged?
- Will higher prices effect their pipeline volumes and storage facilities favourably?
- Will their new construction project on the coast be effected?
- Do they connect to dry gas fields that have shut in wells while prices were low?
Finally, are the moves too recent with too many moving parts to even comment reliably?

Q: What Canadian companies would benefit from the increase in natural gas prices?
Thanks