Q: Good morning: purchased Nal a few weeks ago and it has dropped about $4 per share recently. What is the reason and what do you see for the future. Thanks.
You can view 3 more answers this month. Sign up for a free trial for unlimited access.
Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: Do you consider 18-20% exposure to the energy sector (oil and oil servicers) at the moment too high ? I have a long term horizon (10y+) and my losses are very limited so far since I have started adding to a 5-7% position in the last few weeks ? I also have excess cash that I could add in the next fews months to oil or other sectors if prices fall.
Also, just a guesstimate, do you think current oil price could stay this low or even go much lower during the next 12-24 months ? Thank you.
Also, just a guesstimate, do you think current oil price could stay this low or even go much lower during the next 12-24 months ? Thank you.
Q: Royal Bank released an update with a new target of $4.00, sector perform. Their release also indicated an "exit net-debt-to-trailing-cash-flow ratio of 3.3x, higher than its direct peers at 1.9x". The SGY website indicated their "current" D/CF was 1.4x. BNN analysts have said that a D/CF ratio > 2.0 is a warning sign. Your thoughts please?
Also, I have been using P/CF, D/CF and hedging % (H1 = 34% @ $101, H2 = 14%) as a few of the metrics to guide me. Your thoughts please?
Thanks for your help,
Steve
Also, I have been using P/CF, D/CF and hedging % (H1 = 34% @ $101, H2 = 14%) as a few of the metrics to guide me. Your thoughts please?
Thanks for your help,
Steve
Q: More of a comment than anything else-if you have a 3-5 year view and can pick energy companies that will not go under, this has to be presenting itself as a great opportunity to purchase and just wait it out. I would think Whitecap, Torc, Suncor just to name a few.
Q: My wife maintains a small portion of her RRSP in 7or 8 stocks. We purchased 500 shares of Sgy at 6.90, and want to know if you would recommend buying another 500 at current prices?? Want to hold for the longer term. Thanks
Q: Peter and Team,
We have Tourmaline, Surge, Manitok & Corridor in ~equal amounts. Does it make sense at this time to sell the lesser known Mei and/or Cdh to top up our Tou and Sgy with the mind they are better known bigger producers and will likely see more attention when the sector turns ? Other tacts are to stay put or use the proceeds somewhere else (Wcp ?). Thank you, and have a great weekend. Paul
We have Tourmaline, Surge, Manitok & Corridor in ~equal amounts. Does it make sense at this time to sell the lesser known Mei and/or Cdh to top up our Tou and Sgy with the mind they are better known bigger producers and will likely see more attention when the sector turns ? Other tacts are to stay put or use the proceeds somewhere else (Wcp ?). Thank you, and have a great weekend. Paul
Q: Hi Peter
For precision Drilling Debt/Equity level on a quarterly figure Morningstar has Sept/2014 at Total Liabilities at 2,773 and Stockholders Equity at 2,544 which would give you a ratio of 109% is this correct.
thanks Gord
For precision Drilling Debt/Equity level on a quarterly figure Morningstar has Sept/2014 at Total Liabilities at 2,773 and Stockholders Equity at 2,544 which would give you a ratio of 109% is this correct.
thanks Gord
Q: I have no energy stocks in any of my portfolios at present and wonder if taking a position in ARX for my RRIF would be prudent at this time. As you know, the stock has been trading significantly lower than the new issue price of $22.55 and provides a dividend over 5%. I have room in both my non-registered account and TFSA if you think either would be a better strategy. Thank you.
Q: Hello Peter & Co.:
I hold the following energy infrastructure/utilities
ALA, KEY, IPL, PPL
(I also own VET and PEY but I'm hanging on to these 2 because I think they are really good companies that will come out of this oil mess in good shape.)
I really like all of these names but have been thinking that since the only transportation company I own is CNR, I should sell one of these and get another transportation stock, possibly trucking to try to take advantage of the lower gasoline prices.
Which one would you sell and which transportation stock would you buy? Or tell me if you think this is a bad idea. cheers
I hold the following energy infrastructure/utilities
ALA, KEY, IPL, PPL
(I also own VET and PEY but I'm hanging on to these 2 because I think they are really good companies that will come out of this oil mess in good shape.)
I really like all of these names but have been thinking that since the only transportation company I own is CNR, I should sell one of these and get another transportation stock, possibly trucking to try to take advantage of the lower gasoline prices.
Which one would you sell and which transportation stock would you buy? Or tell me if you think this is a bad idea. cheers
Q: Do you plan on keeping SGY in the income portfolio?
Q: Have had these prior to Sept 2014 and question if I should keep them or sell and suffer the loss. Appreciate your comments...CHEERS Claude
Q: Whats your opinion of this stock, any information would be appreciated
Q: I own zero oil and gas companies. What would be your top 2 picks for aggressive growth once oil stabilizes.I understand that oil could still go to 30.would also like a dividend. Maybe mart and surge. Dave
Q: To team and peter
I have a small holding in my TFSA [ my only energy 2% ] should i add
or go with another energy stock. Can your team give thier opinion
on this co. buy, hold, or sell
GREAT SITE Thxs. Bob
I have a small holding in my TFSA [ my only energy 2% ] should i add
or go with another energy stock. Can your team give thier opinion
on this co. buy, hold, or sell
GREAT SITE Thxs. Bob
Q: In a recent response on a question about Surge, you mention a bought deal but I can't find any reference to it. Can you let me know the details. Thanks.
Q: Hi Peter and Team,
Using COS as a proxy for the oil price because its production is unhedged, Im uncertain if this asset is mis-priced relative to its peers and unto itself. For example, the last time COS was $8/sh was in '04 and oil averaged that year @$35/br U.S in inflation adjusted terms. If most often the market is efficient and correct, what do you think is really going on with this security? Something here is amiss. Thanks very much for your support.
Using COS as a proxy for the oil price because its production is unhedged, Im uncertain if this asset is mis-priced relative to its peers and unto itself. For example, the last time COS was $8/sh was in '04 and oil averaged that year @$35/br U.S in inflation adjusted terms. If most often the market is efficient and correct, what do you think is really going on with this security? Something here is amiss. Thanks very much for your support.
Q: Hello 5i team,
Please help with my education.
I have read "The Company (TOU) has 327.6 mmcfpd of natural gas production hedged at a price of $4.38/mcf during the first quarter of 2015."
Today NG is at $2.94. Can you explain TOU's hedging on this commodity, why $4.38 and what it means (or what they think will happen) moving forward? Hope I asked the correct question.
Thanks for all you do
Gord
Please help with my education.
I have read "The Company (TOU) has 327.6 mmcfpd of natural gas production hedged at a price of $4.38/mcf during the first quarter of 2015."
Today NG is at $2.94. Can you explain TOU's hedging on this commodity, why $4.38 and what it means (or what they think will happen) moving forward? Hope I asked the correct question.
Thanks for all you do
Gord
Q: SGY Paul Colborne has stepped down as Chairman, however remains as CEO. Dividend cut by 50%. How secure is their reserve credit line?
PETER, You know the management of this Co personally. What is your current judgement?
ARX New issue as a Bought Deal. Current price is now down approx. 33% to 22.5 from 33.68. Does this represent a buy or a sell after the rebound in O. Thank you - Bob.
PETER, You know the management of this Co personally. What is your current judgement?
ARX New issue as a Bought Deal. Current price is now down approx. 33% to 22.5 from 33.68. Does this represent a buy or a sell after the rebound in O. Thank you - Bob.
Q: Thanks for the great service...I hold a small percentage of my portfolio in energy but these two are both down in the 70% range...should I move out of these on one of these rallies or do you think these companies will survive this rout in energy names...
Q: Do you have any thoughts about the management changes at Surge? Good or bad? Will the direction of the company be the same? Any ideas of possible take overs in sight?
Keep up the great service
D
Keep up the great service
D