Investment Q&A

Q: I what to add a gas stock for winter. ARX or ALA. Do you know the gas to oil ratio. Arc has a lot more insider buying.

Q: Is this stock a good purchase given it's current price and assuming it will rebound after the oil market recovers?

Q: What are your thoughts on Phillips66? Thanks.

Q: RPC has taken quite a hit since highs in June but recent results included the announcement that they have been awarded patents. How does this affect the outlook for this stock? Has it touched bottom?

Q: Do you think there is any liklihood of TOU initiating a dividend in the next year or so ?

Q: I am thinking of putting some money into the beaten up energy sector.
In particular can you please give me your opinions on these 3 companies? I can receive a decent dividend while waiting for the sector to improve. Thanks so much.

Q: Hi, I have cpg,pxt,re,tou and spe,equal weighting and would like to lighten up on one or two.Which two would you sell or should I just get out of energy for now?
Thanks for the great service,Brad

Q: Could I please have your thoughts on cet following Q2 results

if you can add it to your portfolio ,would you buy it here at $1.77 ?
REGARDS MANOCH

Q: Good morning All. I am contemplating returning to the oil and gas sector. From a growth point of view how would you rate in order PPY, TOU (Tourmaline), RRX (Raging River), WCP (White Cap) and TOG (Torc Oil & Gas) and why. Also from a growth and income point of view how would you rate in order TOG and WCP and why. Thanks in advance. You are doing a great job.
Mike

Q: I have an Athabaska bond (7.5% coupon; maturity 19-Nov-2017) that is currently trading below par. Given the news about the additional cash payment just received by ATH, it seems to me that they should easily be able to repay this bond upon maturity in just over two years.

Do you have any idea why this bond is trading below its par value? Is there a significant risk of default by Athabaska over such a short time period?

Thanks!

Q: Hi Team,

Would you sanction a full switch from ARX to TOU? I'd like to have a name that'll bounce back highest when oil prices recover, and I'm also a bit underwater on ARX so I could book a tax loss. Other O&G names I own in addition to ARX are WCP, RRX, and BDI.

Thanks,

Jordan

Q: Hi 5i team,
I know you recommend keeping sector allocations during all ups and downs and my energy is just 2.8%, PEY at 1.3% and WCP at 1.5%. I am considering adding SGY (or something else)at 2.2% now to top up to 5%. Any comments are welcome.
Thank you for your unending expertise.
Ted

Q: What is you opinion on the latest rise in Oil stocks (Ithaca and Surge) and more specifically the latest bounce in the oil price? Is there anything fundamentally behind it or is it just a dead-cat bounce and it will turn much lower in the fall with the inventory build ups due to the refinery maintenance season being soon upon us? I can't find anything fundamentally to explain the sudden rise. Many analysts are predicting anywhere from $30 to $85 a barrel by Christmas? What is your viewpoint on where you think the oil price will be by the end of 2015 and more importantly for me the end of 2016?

Thanks,

Brendan

Q: Hi Peter
What do you think the reason is that stalled wcp today most seemed to rally ?
Kind Regards Stan

Q: Can you please give your outlook for oil short term (6months) and longer term (3-5 years). I have hard time to wrap my head around $40 oil assuming supply destruction and the world still growing... Would you know the average or lower cost to produce with current fracking methods ? As many i am down on my oil stocks but don t really feel the need to sell. Thank you for your general comments

Q: Peter et al.:

I noticed in your recent blog that you have IAE listed as one of the oil stocks that will be in a pinch if the oil price stays low or goes lower. Does this take into account their hedges out to mid 2016 and their hedges out to mid 2017? Assuming that Stella starts producing in mid 2016 there should be a large increase in cash flow with the 16K of extra production, is this taken into account. I think past mid 2016 there will be some risk but their break even price is stated at $10/B until Stella produces. They have been rescued in my opinion by their hedging regime and are seen as a show me stock. In this down energy market I think they have reduced their risk to the low oil price as reseasonably possible. Many companies have not done this but IAE's stock price does not reflect this. Also they are planning in this quarter to start to reduce their debt and they do no even have production from Stella yet - this surprised me actually. Yes it will move as the oil market moves but I believe it has a low probability of insolvency even with 800M of debt. I believe there are more companies that have a greater chance like my lottery ticket - INA (last time upgraded to 2 lotto tickets from 1 -LOL). I just hope I am right.
Waiting for an energy turnaround

Thanks,

Brendan

Q: Hi, I have no US exposure or Energy stocks so was looking to buy 1/2 of ETP.US for dividends but with the drop in price I am now looking at growth for the same stock.
Any comments would be helpful.

Q: Hi.. Any update would be appreciated. Thanks inadvance. Cliff

Q: surge is now trading at a similar value to what it sold the asset to torc for.( 500 million) I know 5 i sold this stock but am I missing something else here or should I sell and move on.

Q: I have held ARX,CNQ and VET for over 10 years. CNQ and VET have been good performers compared to ARX. For a "quality upgrade" would you sell ARX and use the proceeds to buy more VET and CNQ? Thank You Ron