Investment Q&A

Q: Hi Peter and team.
Warren Buffet says to buy steak on sale.
I am thinking of EnCana for a three to five year hold for appreciation.
What do you think of the quality of this steak?
Gord

Q: Is Athabasca strong enough to weather this weak oil market? Do you have any recommendations for an alternative with a stronger balance sheet?

Q: Hello there,

I have been waiting for an opportune time to get in on RE and other companies that will eventually have a decent bounce back. What do you think of RE's 2015 plans? Is this a good time? Any other suggestions for this sector?

Thank you in advance!

Q: Hi Peter and Team
Could you comment on scl and whether I should sell or possibly add.
Thanks

Q: Hello Peter, Your thought and advise on BDI, ACQ, SPE, BAD, SGY, AVO, FM. These are the losers (average 30%) in otherwise balanced portfolio ( mostly 5i). DO YOU RECOMMEND TAKING LOSS AND MOVE ON TO OTHER MODEL PORTFOLIO STOCKS OR YOU STILL LIKE TO KEEP ANY / ALL OF THESE, ALSO, IF YOU PREFER TO KEEP THEN DO YOU RECOMMEND TO ADD IN ANY/ ALL THESE TO BRING BACK TO ORIGINAL PORTFOLIO WEIGHTING.THANKS AND LOOK FORWARD TO SEE YOU IN THE SEMINAR.

Q: For my US account, i am thinking of buying a large energy company. CEO is down 32% from sept 14, BP down 34%, CVX down 22
I think they will all recover, and i believe CEO has the most upside to return to $200.00 Would you agree or recommend some better name.
Thanks, LC

Q: Hello,

I have owned a small position in Zargon since 2007. ZAR managed to survive the 2008 Financial Recession but I wonder about its future considering possible extended low oil prices.

I see it has relatively high debt to equity (71%), has some oil price hedging for the beginning of 2015 and payout ratio of FFO at or near 50%.


I am wondering what you think about its debt level?

I am wondering what you think about its dividend?

And lastly I am wondering what you think about their assets and their operations?

Thank you very much.

Regards
Stephane

Q: I own a package of O+G service companies that have been crushed......PRW, MCR, E, ENT, WEQ and GKX. My logic was related to the eventual go ahead of LNG on the West Coast, new pipelines to the West Coast and expansion of oil sands activities in Alberta.
They all would appear to be vulnerable to project cancellations and high debt levels.
How would you rank these from safest and most likely to eventually prosper, to those in jeopardy of failing.

Many thanks.

Q: with a recently announced reduced (74%) 2015 capital program and a 50% dividend reduction, how do you feel about PGF? Continue to hold? Buy some more? Sell?

Q: Are you aware of any news that would drive this stock down 20% today??

Q: Hello Peter et al.

I am wondering if you think Ithaca Energy is now hit its low because it seems to be in a trading range of $1.00 to $1.25. It has twice tested $1.27 but has not exceeded it yet. I still believe that oil has not hit its low for the year yet and I am hoping that Ithaca hits a lower price due to this drop so I can pickup some more. However it also has some developments (Stella) that could really increase the price.

Also I was wondering what you think of the Rockefellers getting out of oil all together (selling their $50 billion) back in Sept. Did they know something the rest of us didn't know. Did they know the Saudis would be pumping oil no matter what the market does? How does the little guy get ahead in this environment?

Thanks

Brendan

Q: Hi, could you comment on Devon as an Oil recovery play?

Q: Could you please comment on Petrowest and their ability to survive this plunge in oil prices. Is it buy or sell at this level.

Thanks,
Milan

Q: I had free cash and couldn't resist the temptation of buying on decline, so I ended up with almost 20% position on energy. Here are my energy stocks: double pos-s: PEY and HSE, full pos-s: CNQ, HWO, HNL, WCP, half pos-s: BDI, SGY, BNK. Could you please rate these stocks by growth potential and by safety - I assume CNQ and HSE are the safest there, but what about the rest? Unless there are really big risks I am not planning to sell - will wait until oil goes up, hopefully within 5 years.

Q: I see you liked Gran Tierra GTE back in Sept, Could you give an update, how is their cash position and cost of production. thanks

Q: I have a near 40% oil weighting. Want to clean out the weak, hold on to the solid and likely add to them. Additionally, If you can suggest strong buys with yield, I would be truly grateful.

Q: Hi Peter, I fortunately did NOT have any Oil in my Portfolio. I now want to invest about $10K by buying High Risk / Big Upside COs and holding for a couple of years. I'm thinking of 2000 shares each in IKM, YGR, LXE, RRX, LEG & Dee. I only want 5, so which one would you suggest I drop?
Thanks for this and your amazing Service! Austin

Q: Entrec has recently announced their business plan. Currently represents 2% of my portfolio. I am a long term investor and wondering if I should exit my position or hold. Would appreciate your thoughts on the company's future prospects.

Q: Sensing 5i's eroding confidence in Surge, I have sold my shares (even though you have recently suggested holding). Now I have zero allocation to the energy sector. I want to get back in on more solid ground. Can you suggest two stocks and a methodology for easing back in? Your persistence in recommending a full and proper sector allocation has been so valuable that the strategy has more than balanced out the loss in Surge. Yet I know I need to get back into energy. Thank you, don't know what I'd do without you guys.

Q: Please comment on CL's financial stability,production capacity and ability to weather these low oil/gas prices and retain the dividend and whether purchasing it would be a good way to step back into some juniors.... I already have a bit of WCP and PEY
Thanks very much