Investment Q&A

Q: Hello, I have mailings regarding tendering my shares of COS. I don't understand the risks or even how to tender. If its tendered do I get the approx $8.00 the stocks at now or the $10.approx that was offered? How do I tender? Do you have any thoughts on the right course of action?

Thank you, Dave

Q: Hello 5i!
Down 37% on PEY, and have a small position on this one, do you still consider Peyto one of the better companies within the oil and gas? Would you recommend to add some at the current level not considering asset allocation? I am a long term investor, well diversified portfolio (have quite a few of 5i suggested small cap O&G) and can handle risk.
Thanks!

Q: Seems to be a lot of activity lately regarding this company eg,
The Corporation has also been informed by Promigas S.A. E.S.P. that due to operational delays in the expansion of the transportation capacity of the gas pipeline between Jobo and Cartagena, the new pipeline will begin operations with an additional capacity of 19 MMscfpd by December 30, 2015, total additional capacity of 50 MMscfpd by January 30, 2016, and total additional capacity of 65 MMscfpd by mid-February 2016. The Corporation’s current and continuing production of approximately 25 MMscfpd will not be affected by the delays related to the pipeline expansion, as this gas is sold via a separate pipeline. The Jobo gas processing plant expansion and Clarinete field tie-in remain on schedule to be completed prior to the end of November, and the Oboe-1 well is currently scheduled to spud mid-November following the completion of rig maintenance.
Could this be a good time to take a position

Q: Hi Peter
Regarding Suncor's hostile bid for COS, would you advise accepting or would you hold on to COS. I own both companies. I'm not sure what to do here.
Thanks.
Cam

Q: Hello,
What is your idea about the Middlefields Funds generaly and AEU.UN more specificaly for an entry point now at the bottom (or near)of the oil price ? Is the distribution OK ?
Thanks
Francois

Q: Hello,

Would you endorse a switch from Tou to Wcp for energy exposer so that at least we get a dividend while waiting for a sector recovery?
Do you think that in a recovery both stocks would act similarly or one would significantly outperform the other?
Thank you

Q: Time to get out ?

Q: We would like to start dipping into energies and are considering WCP,NBZ and TOG.Could you comment please ?

Q: goodmorning, Anything new about this company? its been awhile since we had a update. Thanks, CR

Q: Could you please provide your comments on this company. Is it good time to buy?
Thanks

Q: I am trying to understand dividend payouts and their implications.
A fund manager on BNN who is shorting Enbridge claims that they don't cover their dividend adequately using profit parameters. He also assumes that they will need to raise cash to cover the capex needs that might prove difficult to raise from the market.
In an article by Tim Mc Aleenan ( http://seekingalpha.com/analysis/investing-income/all) he talks about BP having enough PROFIT to cover the divide: " unlike many peers BP still has enough Profit to cover the dividend"

Questions :

1.Please explain payout ratio's as to different parameters and how they can be evaluated.
2.BP: is it a wise investment if you feel oil will recover reasonably in a year or two ?
3.comments on Enbridge, its div., balance sheet and Capex.?
4. ( BNN person claims that cash flow can be interpreted in many ways while Enbridge claims their payout ratio is 50% of cash flow ??? ) what say you ????

I understand that it is a long question and may be answered briefly here. You may use it as a subject for a wider presentation (webcast ?) as many seniors like me seeking income, depend on Dividends and may have been burned ( like me) running after yield without knowing the dangers.
thanks
Yossi

Q: Merry Christmas and happy new years.Thanks for sharing your knowledge with all of us. I just read a book by Marin Katusa titled The Colder War about world oil market. What is your view on the future of petrodollar ?

Q: In 2015 All of these companies have been punished a lot, deeper loses came with tax-loss selling.[unfortunately I was one of the losers]. Technically the charts, in my analysis, show modest recovery. I would appreciate your opinion and ranking. Is it time to start nibbling at them? Many thanks, J.A.P. Burlington

Q: Which energy stocks should see the biggest potential gains in January from a rebound now that tax loss selling is over?

Thanks

Q: Could you explain how a royalty play works, such as Freehold Royalties? Would this company be a good buy at these levels? Thank you as always for your superb service!

Q: Hi Team. In a question today (Dec. 23) in your list of holds and sells of energy stocks, you had CEU as a 'sell'. Although drilling is half of what it was, the company seems to be proactive in managing its cash flow and is even adding to the business (tuck in acquisition) during this time. Can you help me understand the reason for the 'sell' recommendation? My overall energy exposure is 6% with another 4% in pipelines. Thanks for the help and Merry Christmas!

Q: hi folks:

what would be your "most likely to stay in business at any o/g price" picks for energy service/driller companies

small medium and large

low debt and survivorability is paramount; not interested in "the most debt therefore the best leverage to recovery" type companies

thanks

Q: What are your thoughts on xdc, it looks like it has support at the current price. Almost looks like a triple bottom.

Q: Season's Greetings 5i team.
As you can see, I have a hard time just holding a few energy names.
I'm down on all of them (gee, ya think? :)

CNQ
CPG
FRU
SU
ERF
HSE
WCP
PEY
ARX
CEU

I want to have exposure for when it does turn around.
What would you keep? What would you sell without even thinking twice?
Thanks

Q: Do you think it is worth the risk to buy any dividend paying energy stocks at this time. Would need to have a good balance sheet and have potential for some significant upside to offset the risk. Please list the equities in order that you would acquire? Would you buy a full or part position
Wish the 51 research team a merry Christmas and a healthy and happy 2016
Thanks for your service David