Q: I bought PGF and BTE on a big dip in April and neglected to sell on the multiple dips after that..... The recent rally has me back to a less painful loss. What the hell is causing this rally? I will likely sell once this level off but the fundamentals just don't seem to support the influx of money into these highly leveraged companies. I had written it off as dead money for the next few years and lesson learned ( again) to sell when you call momentum wrong. Not an analyst on the planet has oil going up to numbers that BTE and PGF need to cover their dept let alone make a profit in the next 12-18 months. So I guess my question is what is driving this rally in highly leverage energy stocks.
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Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: This is just a comment on Umeds question. He asked why Pengrowth shares had popped. The main factor has been insider buying starting on the 19th. There has been 2.7 Million of insider buying as shown on TMX Money. Large sign of faith by mgmt.
Q: If oil stocks are in the process of forming a bottom, can you list some companies you would favour (small, med, large, oil and/or gas) as a potential buy list? Thanks!
Q: Two well established expressions are:
"Timing is everything" and "You shouldn't try to time the market"
So, on Wed the 20th, I bought my first position in Questerre Energy and today, the 21st, it's down 25.5% (so far).
I would appreciate your advice on whether it's likely to continue falling off a cliff, should I cap my loss at this point and run away or is there any reasonable expectation of a near term recovery.
Many thanks as always,
John
"Timing is everything" and "You shouldn't try to time the market"
So, on Wed the 20th, I bought my first position in Questerre Energy and today, the 21st, it's down 25.5% (so far).
I would appreciate your advice on whether it's likely to continue falling off a cliff, should I cap my loss at this point and run away or is there any reasonable expectation of a near term recovery.
Many thanks as always,
John
Q: Has Shawcor become a value stock and would you hold or add to it at this point.
Q: Please explain the significant price differential between Canadian gas and oil wholesale prices to their US counter parts. How does the economics work for CDN companies with such a low price??
Thank you
Thank you
Q: Is this a good entry point for Inter Pipeline? Tx
Q: Are utilities just not the place to be right now?
Q: For year end tax reasons, is there another oil company that you would suggest to replace Crew Energy with?
Thankyou
Thankyou
Q: Hi Peter: Is Peyto exploration's dividend sustainable given the world wide oversupply of natural gas and Peyto not holding any cash? is this (not having cash) normal for these types of companies?
Q: Peter; My wife holds NPI in a non registered account. Shes thinking of switching to ZWU. She is 74. Thanks.
Rod
Rod
Q: Good afternoon,
I need to sell some losers in a taxable account. I have had WCP for a long time and would like to sell to capture a loss. Could you comment on replacing it with RRX immediately to maintain exposure to energy, or would I just wait the 30 days and re-buy WCP.
Thanks as always.
Ted
I need to sell some losers in a taxable account. I have had WCP for a long time and would like to sell to capture a loss. Could you comment on replacing it with RRX immediately to maintain exposure to energy, or would I just wait the 30 days and re-buy WCP.
Thanks as always.
Ted
Q: Could I have your opinion of Keyera re. How natural gas price impacts their costs, their debt and ability to service their debt.Also who are their compitition in this space and would any of these companies be a better investment?
Thank you.
Thank you.
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Birchcliff Energy Ltd. (BIR $6.68)
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BMO Equal Weight Oil & Gas Index ETF (ZEO $78.33)
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iShares S&P/TSX Capped Energy Index ETF (XEG $18.71)
Q: I have been out of the oil and gas markets for quite some. I am still not convinced the sectors will have a "sustained" up move. Perhaps a decent trade but a trade it is as it seems to be with all commodities. Do you think it is foolish to be zero weight in this sector? If so, what minimum weighting would you suggest. I have looked at BIR and would be comfortable buying it if my arm can be twisted enough.
Q: Birchcliff is showing some market momentum recently and today traded close to 5 times the daily average number of shares. In replying to others questions on the company, you have mentioned that in your opinion it could be acquired. What companies might be potential buyers, what might be a takeover price and what timing might a takeover occur? Thanks
Q: I have been zero weight oil/gas for quite some time. I do not believe there is a long term sustained move in these commodities. That said, am I being foolish not to have some exposure. I have looked at BIR and it looks attractive. I was recently reading a big bank research report on the company that has a target price of 9.00. They are using a 65.00 oil price long term. They are a gas producer. Go figure. I get there is a correlation but what long term gas price are they using. 65.00 in my opinion is pie in the sky. All commodity investments in my opinion are not investments, but a trade. Maybe I have answered my own question.
Your thoughts.
Much appreciated.
Your thoughts.
Much appreciated.
Q: I have owned qec & cpg for a long time , do you see much upside or should I do a tax loss sale before year end . thx Jack
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Bonavista Energy Corporation (BNP $0.05)
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Crew Energy Inc. (CR $7.40)
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Kelt Exploration Ltd. (KEL $7.71)
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NuVista Energy Ltd. (NVA $18.01)
Q: Looking forward to fall gas trade.
Looking for some small or midsize gas producers that have access to the Alliance Pipeline. Could you suggest 2 or 3 good gas stocks to buy and hold to Xmas. Would Bonavista be one.
Thank you for your response.
Looking for some small or midsize gas producers that have access to the Alliance Pipeline. Could you suggest 2 or 3 good gas stocks to buy and hold to Xmas. Would Bonavista be one.
Thank you for your response.
Q: with oil on a move, I would like to buy sgy..do you like it. donald.
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PPL Corporation (PPL $36.58)
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Suncor Energy Inc. (SU $59.76)
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Enbridge Inc. (ENB $66.94)
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TC Energy Corporation (TRP $73.26)
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Husky Energy Inc. (HSE $6.76)
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Raging River Exploration Inc. (RRX $5.99)
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Whitecap Resources Inc. (WCP $10.50)
Q: energy.
which 7 names in the energy sector would you recommenced should the sector begin to recover. ( oil $55 ish ) NG $3.50 ish
criteria :
leverage
reasonable balance sheet
good management
good future prospects .
Would you agree that; there might be a strong spring like bounce as many will buy, who are waiting for a recovery and have no or a very small position.
thanks
Yossi
which 7 names in the energy sector would you recommenced should the sector begin to recover. ( oil $55 ish ) NG $3.50 ish
criteria :
leverage
reasonable balance sheet
good management
good future prospects .
Would you agree that; there might be a strong spring like bounce as many will buy, who are waiting for a recovery and have no or a very small position.
thanks
Yossi