Investment Q&A

Q: These are my oil investments, all purchases have been in the past six months. Am down 15% on freehold. I feel pretty secure with the positions, and i am quite content to be an owner for a good while. How do you see it.

Q: Your last comment on Paramount was in April where you mentioned that "POU with its debt will likely have good leverage in a rising sector" . Do you still think this would apply? The stock continues to drop and I would appreciate your assessment of their current position in the sector. Thank you.

Q: I am under in this company and I have a full position (overweight at market value) in my RRSP account. I really like the company and I do not need to access the funds anytime soon but I have always had a problem with deciding to sell at a loss with a good company. Many things of course can change a market quickly and therefor My question is "Could the money be better used in a different sector or would I be moving funds for no reason?" Perhaps average down but I really do not want to point the money hose at this. My gut tells me to wait it out. Perhaps it is a question without an answer but I appreciate your time spent answering it.
Thank you
Jeremy

Q: Hi Peter I hold in three different accounts a substantial position in wcp with a fairly low cost base still positive by 20pluus%.
Given were oil is going Iran supply ect would you exit your position and book your gains or ride it out I realize this is probably the best of the group however I would hate to see all my gains eroded.
Your opinion is valued.
Kind Regards Stan
PS I guess I will soon be paying surge to hold there stock

Q: Which energy company do you prefer and why or would you put them in the same boat?

Thanks

Q: Please deduct one more question credit as I should have included this in my last question on Tourmaline but would it be wise to move my assets out and into a dividend payer like Whitecap. I imagine both stock would behave similar in a further down or possible up oil market. At least I would have a dividend.
Thank you
Jeremy

Q: Good Morning!

Both ECA and CQE are trading at ultra low multiples. Realizing the challenges ahead facing the oil and gas industry, which company would you consider to be the best speculative value investment for midterm/long term growth? Or, is there a better choice that I have not identified?

Q: Hi team:
as a Canadain investor I have held the above for a few years, on BNN
market call late last week, the speaker was answering about a question re: pipeline and energy stocks in general, the caller was implying that the US does NOT want us to sell our oil and gas to Asia and the 3rd world at the Market price, but want to buy our oil cheap, I understand that as a Canadian, it would make sense to ship our oil to the East where the refineries are (we are importing oil from other countries); the BNN speaker also mentioned that all the provinces due to political reasons refused to co-operate to have a pipeline built to ship the oil and gas from Alberta to the East coast (The Federal govt does NOT want to see that either)
What is the real future for CNQ; SU, CVE and the big name oil companies ? I do think that unless one trades them as short term trade, the outlook for the long term is bleak for the investors due the the negative political situation. Many thanks for your comments and insights
Michael

Q: What is your out look for black pearl. Shares are down 50% yet it seems cheap on a price to cash flow basis. The net debt is only 20% of its market value. What is up with this stock.

Q: I realize it's less than 3 weeks from your last comment on the CFO departure, but I am wondering if you've had any more insight?

Q: What is your take on the announcement from BDI and what is your outlook

Q: With Vermillion dropping to I believe a 5 year and the dividend remaining the same, do you see it as a buy at this time.
Thanks
Jim

Q: How do you see this company performing ovrr the next yr and would you be comfortable to continue to hold. I purchased approx $38 in an attempt to diversify and be active with the potential pipeline builds in North America.

Q: I hold CNQ, have lost 24%and want to replace it with a faster recovering energy stock. Is Tourmaline a better choice or do you have any other suggestion?
I have also lost on PHM and it does not seem to recover. I also understand it is over valued. What is your suggestion, should I buy one of your newly valued health/ medical equipment stocks?

Q: Your thoughts re: ARC. Its trading near the 52 week low. Dividend safe? I also own ERF and BNP. Which of these 3 do you like best if I were to consolidate into one name. Thanks

Q: With an apparent agreement with Iran in place on nuclear weapons and the lifting of trade sanctions, it would seem that Iranian oil will soon be finding its way onto world markets. With a glut of oil already and the world economy seemingly stalling, why is this news being met with an increase in the value of oil stocks on the TSX? Isn't this bad news for oil producers?

Thanks for the insight.

Paul F.

Q: I own and am down about 30% on Cenovus. The yield is creeping up, leading me to believe that the market is pricing in an eventual cut. Am I better off trading out of this name into another oil and gas play? Which would you reccommend? This is a long term investment and about 3% of total portfolio. It is owned in a registered account, so there would be not tax consequences or advantages. Thanks.

Q: where can I find info. on the amount of shares shorted on a TSX listed stock.

Thx

Q: With the Iran agreement going ahead and more oil coming into the market and with the seemingly endless supply of new oil available how would you look at the oil producers future prospects this year

Q: I sold VET in May at 55.31. I'm looking at it now at 50, with a dividend of over 5%. Do you think this is a good time to get back in or would you wait to see some strength in the share price. My other energy holdings are IPL, PPL and PEY. They are around 7% of my portfolio.
Thanks for your invaluable insight.