Investment Q&A

Q: Good Morning, I am considering buying PEY and ALA for the dividend and a recovery in the oil patch. Firstly, I am considering them because they are good companies with a high dividend that is unlikely to be cut(do you agree?). My other reason is based on my tax situation. Since I have no employment income I can benefit from low or no tax on my dividend. In addition, I have considerable unrealized capital gains in my taxable account. So if PEY and ALA really decline I can sell those stocks and use the loss to offset my capital gains as I realize them. Does this strategy make sense? I have often heard you should not let tax strategies drive your investment thesis but in this case it feels like the risk/reward really improves due to my tax situation. Please comment. Thanks

Q: Would you please be able to tell me what Suncor's geographic distribution of revenue is? How much is from Canadian oil sands vs the US/rest of the world?

Do you like Suncor as an investment right now?

Q: Is it time to sell PONY? Thanks

Q: Hello 5I; After checking my percentage of portfolio in each category I find I only have 2 percent in Energy> I have the above 4 positions with the largest in Keyera. Reading questions and answers I see you recommend 10 percent. Would you agree with my positions and would be obliged if you would recommend others or even the renewable energy space. Thank you for your time. Barbara

Q: Hey I have owned this stock for a while and its been a big looser of mine. I am wondering if you see this stock price moving up in the next 2-4 quarters. I am trying to decide if its time to cut losses and let it go. Thanks

Q: In 2016, I received some Prairie Sky shares as a result of my position in Canadian Natural Resources. I am trying to decide what to do with the PSK shares (sell, buy more or hold). Can you offer an opinion on the future prospects of Prairie Sky? Does it complement well the holdings in the 5i Income Model Portfolio?

Q: Hello Peter, Ryan & Team,

For Energy exposure, I have RRX (down 25%), HWO (down 25%), and TOU (down 45%). As well as ENB, which I consider a utility.

For re-balancing purposes, my energy exposure is pretty thin. I know you don't recommend buying in negative momentum, but for adding to Engergy, I was thinking of topping these three up. Or can you think of any others you would replace these with, as RRX and HWO are in a taxable account.

Thank you for all you do,

Wes

Q: Good day - What are your best recommended/favorite oil and gas producers at this time? With and without dividend. Is a dividend paying producer something you would consider?

Q: I presently have an investment made 3 months ago in this U.S. based company. I was attracted by the fact that it was acquired by Enbridge and pays a dividend in excess of 6 %.
What do you think of this company as a longer term investment ? After receiving 1 dividend payment and noting a 40 % withholding tax , I was informed by RBC that since the corporate entity is an LLC , it doesn't qualify for the 15 % withholding tax. I was also informed that the status would not change, even if transferred to my RRSP account. Does this seem accurate from what you know ?i.e. that an LLC does not qualify for a 15 % withholding tax and that if it were held within an RRSP , that it would still be subject to a 40 % withholding tax ?

Q: Good morning,
I would appreciate your opinion upon the future potential for CNE. I currently hold a small position at a loss.
Thank you.

Q: After a fair amount a reading on the energy sector from a macro perspective, I've decided to start putting money back into oil stocks. However, I'm uncertain about which sub-sector to invest in, namely refiners, exploration and production, pipelines, service companies, etc. Which sub-sector would you consider has the best potential for the next decade and which companies in your preferred sub-sector do you like the most? I'm open to Canadian, U.S. and global companies.
Robert

Q: TAG Oil had a disappointment on its Cheal-D1 in September and the price has pulled back. Do you have a time frame for the next significant events planned by the company? Could you give me your updated opinion on the stock in general?

Q: For tax loss reasons I would like to replace Whitecap, looking for a recommendation or two in the energy sector, with total return in mind, including a minimum 3% dividend. I also own SGY, VET, BEP.UN, KWH.UN and PKI and SPB. Thanks for the great service, I'm a very happy customer.

Q: Any pending developments or activity in the last 3 or 4 months to put this stock on a watchlist?

Q: Good Morning my question is on SPE spartan energy. there is analyst that have said recently this was the stock to go to as for a small or mid cap stock and would be a good core holding for the oil sector. Would you recommend a 1/2 position at this time?
Thanks for the great work you do.

Q: I feel both Oil & Gas are going to make a modest comeback over the next 6 months and would like to increase my exposure. I currently hold full positions in VET, PEY and ENB and collectively they represent about 10% of my equity holdings and equities represent about 60% of my total portfolio. Do you think it is OK to add to this space and if so What would you suggest I add to diversify this group?

Q: My question is on bonterra energy .I'm under water with this stock by 12% should I hold my position or do you see no future with this stock. I Can wait as the investment is inside my tfsa and do not need the money at this time for 5 plus years.

Q: VET has been on a bit of a downward trend over the last two weeks - seems to be dropping faster than the O&G sector - Any reason for this? Any concerns here?

Q: Did you ever have to finally decide? Go with the one and let the other one ride. Who do you recommend I drop as part of my portfolio cleanup?

Q: Oil.  Is it making a rebound? 

If so where to invest. Companies that specialize in drilling , distribution or refineries?? 

Thanks. Barry