Q: could you please comment on the current prices of these companies in relation to current price of WTI. Thaks
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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: As with other energy companies, Encana has seen some challenges. But it has not faired as well as others of that size. What is your opinion on its future?
Alan
Alan
Q: Hello 5I,
This a follow-up to a question you answered on the book value of Surge Energy; but applies across all Canadian E&P Companies. You noted Surge's book value is dependent on the price of oil and quoted a value of $68 US.
The problem I am having with your statement and all the other literature I read which quotes share price based on WTI is; What are the surrounding parameters that are needed to support the individual companies value. For example what is the exchange rate of the Canadian $ for the $68 WTI? At the current exchange rate this would suggest that Surge needs well over $80 Cdn to have a book value you suggested. Another question is at what oil futures price? If the current Contango widens so that a one year futures contract is $68 WTI; can I then apply that forward price to Surge, or which ever other company I am following?
Any clarification you can offer would be greatly appreciated.
Cheers,
Bob Ahearn
This a follow-up to a question you answered on the book value of Surge Energy; but applies across all Canadian E&P Companies. You noted Surge's book value is dependent on the price of oil and quoted a value of $68 US.
The problem I am having with your statement and all the other literature I read which quotes share price based on WTI is; What are the surrounding parameters that are needed to support the individual companies value. For example what is the exchange rate of the Canadian $ for the $68 WTI? At the current exchange rate this would suggest that Surge needs well over $80 Cdn to have a book value you suggested. Another question is at what oil futures price? If the current Contango widens so that a one year futures contract is $68 WTI; can I then apply that forward price to Surge, or which ever other company I am following?
Any clarification you can offer would be greatly appreciated.
Cheers,
Bob Ahearn
Q: As & when the bottom, bottoms - I want to use my leverage to gain on what I believe will be a very substantial oil bounce!!
Would you rank your pic. of the 4 best as detailed above bearing in mind the substantial price difference in current share values. Thanls
Would you rank your pic. of the 4 best as detailed above bearing in mind the substantial price difference in current share values. Thanls
Q: peter can you give me your comment on the result of DTX
Q: Please give me your comments on WRG. I own. Would you recommend selling, adding, or holding.
Q: Hi everyone HARVEST ENERGY GROUP has energy income fund I would appreciate your opinion would want it for long term income and some capital gain it looks good is there something I am missing symbol HEN.UN THANKS FOR YOUR WONDERFUL SERVICE Barry
Q: Can you comment on their results
Q: What do you think of the recent new issue?
Q: When weighting stocks in a sector, are companies like KEY, IPL, GEI,and PSI grouped with pure energy plays like CNQ, CPG,WCP etc., or are they regarded as infrastructure / utility stocks?
Thanks, Joe
Thanks, Joe
Q: I like many was "overexposed" to energy and also made the mistake of trying to catch too many falling knives on way down. I am determined not to spend more new $ on energy and when or if it rises dump some so I do not end up like that again.
I am resigned to the fact that some of my losers may never recover to my ACB but also feel some of them(I dont know which ones) will have more potential for a bounce. Looking at my weightings within the sector, I feel I have more BTE than I would want later and not enough PEY.
I know you are a fan of PEY...do you feel a switch of some of my BTE for PEY makes sense? ie not losing out on any potential spike in BTE from current levels?
I am resigned to the fact that some of my losers may never recover to my ACB but also feel some of them(I dont know which ones) will have more potential for a bounce. Looking at my weightings within the sector, I feel I have more BTE than I would want later and not enough PEY.
I know you are a fan of PEY...do you feel a switch of some of my BTE for PEY makes sense? ie not losing out on any potential spike in BTE from current levels?
Q: please update your opinion on svy
Q: Hey Peter & Team, your favorite article reader here again...
A Seeking Alpha article written by an author admittedly long on BP argues, BP is a better play than XOM during and or until the recovery for 3 reasons;
1. 6% yield vs XOM 3.24
2. an asymmetric situation in that BP has literally seen zero gains since the spill. On Apr 16, 2010 it was at $59.88, spill Apr 20 and the low hit $27.02 June 25. Since then the high has been $53.15 July last summer and as of today, is at $39.50. From what I can tell, BP hasn't seen any real appreciation in share price since the spill
3. Both dividends appear to be safe with BP quite a bit cheaper @ 13x vs XOM @ 16X.
With this in mind would you agree a switch out of XOM into BP at this time is a good idea, bad idea or neutral
Should I have any concerns regarding future settlements yet decided
Anything else I should be aware of that might dissuade this change
Thanks for all you do
Gord
A Seeking Alpha article written by an author admittedly long on BP argues, BP is a better play than XOM during and or until the recovery for 3 reasons;
1. 6% yield vs XOM 3.24
2. an asymmetric situation in that BP has literally seen zero gains since the spill. On Apr 16, 2010 it was at $59.88, spill Apr 20 and the low hit $27.02 June 25. Since then the high has been $53.15 July last summer and as of today, is at $39.50. From what I can tell, BP hasn't seen any real appreciation in share price since the spill
3. Both dividends appear to be safe with BP quite a bit cheaper @ 13x vs XOM @ 16X.
With this in mind would you agree a switch out of XOM into BP at this time is a good idea, bad idea or neutral
Should I have any concerns regarding future settlements yet decided
Anything else I should be aware of that might dissuade this change
Thanks for all you do
Gord
Q: Is Badger Daylighting a good buy at this price range, and if so
why?
why?
Q: I have two stocks- in my portfolio that are to my mind dogs. Bombardier and Canadian Oilsands- like most investors I am slow to get out of the losers- but there does come a time. Neither position is that large- not after the recent debacles, now I'm thinking I should put these two behind me and move on. Your thoughts.
Q: Would appreciate your individual analysis of SGY's 4th quarter & year end statements. They were in line with RBC but I much more value your opinion (no politics)!! Thanks
Q: Is it safe or wise to own Baytex? Should I buy more or sell at this time?
Q: what do you think of this company with the continued decline in oil and gas? thanks
Q: Would appreciate your comments on 2014 results and 2015 outlook based on today's release. Looks compelling but oil price is still a major factor. Thanks
Q: Hi guys, I have both ipl and su but don't have any enb. Your thoughts on selling both and buying enbridge.
Thanks
Jim
Thanks
Jim