Investment Q&A

Q: I seek your thoughts on the following: my portfolio is constructed to a max weighting of 4% per holding. As I am retired I now have a minimum 3% div payout requirement. I am a 30 plus year investor in the markets and not shy on a slightly higher volatility and risk. I have been out of oil and gas totally over the past few years. I am looking at entering a small to mid cap producer. Cardinal certainly meats the div need but I am concerned about its viability to maintain it. Whitecap is around 3.5% yld and I have held it in the past. It is much larger, but which one do you think has the most capital growth from here, and is the most sound investment or would you go into both? thank you

Q: Just your thoughts on DVN (US)

Q: I'm considering adding one oil & gas stock to my portfolio. If you were going to buy only one oil and gas stock for your portfolio, which one would it be? Who would the runner up be? I'm not looking for an ETF. I'm a growth investor, not a dividend investor, generally looking to avoid anything that's too highly levered. Thanks.

Q: Gentlemen,
I own SGY (1%PF, 63% lost). Sell, buy more or hold?
My energy sector is 4.5% (PPL, HXE, FENY),
I have ENB is on Utility sector.
Thanks
Best Regards.

Q: Could I get your views on oil, do you see a sustained recovery finally. Would ATH be a buy now?

Q: Please,your take on Stamper Oil and Gas.Thanks

Q: In the past years, I trimmed my position in oil and gas to only 5% in each WCP and VET. I am wondering what your sentiment on the sector is going forward, and if I should add a third position, possibly RRX. Looking mainly for growth.

Q: I am underwater on both of these stocks. Gas prices are up, they both issue regular dividends but I don't see upward movement in the stock price. I have kept them because the dividend is regular (for now). Overall portfolio weightings aside, do you believe I should be adding to these or do you think there is still a downward trend in the sector.
Thanks
Jim

Q: I have a question about which two of these 3 companies(ENB,PEY,BIR) which you buy at this time and why?
Thanks

Q: Ryan; If one thinks the oil and gas sector might recover a bit which ETF would benefit the most ? Thanks. Rod

Q: In a reply to Aubrey on Tuesday you recommended crystallizing a loss in SPE and buying VET for the tax benefit. I hold SPE shares at a cost of $9.03, but I totally fail to see any tax benefit in selling SPE and buying VET. Why not just wait for the share conversion a 0.1476 per SPE share? Please explain the tax benefit of selling SPE at a loss.

Q: In view of the relatively poor bid for Spartan, what are the chances the RRX will receive any interest as a takeover

Q: Is there any prospect of a better deal for SPE shareholders, or is this a "done deal" ?

Q: The all stock acquisition of SPE will dilute VET by about 20%, but the VET stock price has dropped only 3%. Would you expect a more significant decline in VET or is the dilution effectively offset by the SPE assets being acquired? Would you purchase either stock now, or wait a bit?

Q: I am interested in this small drilling firm as they seem to have the advantage of a far more efficient operating day rate than the larger drilling firms while maintaining an excellent operational reliability standard (due to reliance on older, less technological drilling rigs?). What can you tell me about them. Thanks

Q: Hi Peter and Staff
I note you have listed CVE as a good O&G option lately, first times I recall you doing so. There have been many saying they overpaid for their big purchase and that their debt is too high which if true is usually meaning a non endorsement by 5i. What is the case for this stock now in your opinion and is it not more properly lumped with the big boys like SU or CNQ? Do you prefer it over those two as well?
Thanks for all you do
Dennis

Q: SPE is being purchased by VET. Many takeovers involve deferring tax (profits) similar to VSN and PPL deal. However if I have a loss in SPE is it better to sell and buy VET as I still like the acquisition also any thoughts on this VET given the purchase. Thanks

Q: I will be selling Suncor and also own RRX and thinking of buying more RRX to average down or would it be better to buy WCP? I currently do not own WCP.

Thanks

Q: Thanks for answering my question regarding the lawsuit filed by BXE. Just to clarify, I am an owner of TWM and have no interest in BXE. I was simply pointing out that BXE (like pretty much every other energy stock) had risen nicely over the past few weeks while TWM had not so I wondered if this lawsuit was the reason.

Q: I was wondering why the SP of TWM had been weak lately while the rest of the energy sector has been rebounding. This morning I stumbled into this while doing research. And BXE is a good example of a stock that has had a nice climb over the past 10 days. As always, I would appreciate your views.
-----------------------------------------------------------------
On February 1, 2018, Bellatrix Exploration Ltd. ("Bellatrix") served an Amended Statement of Claim (Statement of Claim filed by Bellatrix on December 21, 2017) on Tidewater alleging a breach of a Gas Handling Agreement and CO&O Agreement pursuant to which Tidewater operates the BRC gas plant and processes Bellatrix gas volumes. The claim pertains to the allocation of NGLs at the plant, as well as production flow through and take-or-pay commitments. The claim is for $20.75 million plus additional damages. The action was commenced in the Court of Queen's Bench of Alberta. Tidewater subsequently filed a Statement of Defence and Counterclaim against Bellatrix seeking $9.5 million plus additional damages. As at the date hereof, Bellatrix has not filed a Statement of Defence to the Counterclaim.