Q: What is the insider ownership on torc? earning results out, Would you buy for a new position. Already own whitecap and surge but no large cap oil or gas company. Thanks.
Like most Canadian investors, I was overweight the energy sector going into the last correction at about 24%. I would like to reduce my energy exposure to about 15%. My current holdings, in equal amounts, are CNQ, SU, CPG, POU, TOU, VET and KEL. I want to keep CNQ and SU since they have good dividends, which are growing steadily over time. I want to replace CPG with WCP since I've lost patience in CPG's repeated share issuances. I plan to sell POU and KEL since they don't have dividends and KEL is not cheap and POU has high debt levels. My final decision is between TOU and VET. I'd like to keep one and sell one to have 4 holdings for about 15% weight. Your thoughts?
Q: Hi folks,please ask opinion Q results eca/t,and going forward,would u rate it buy,hold,sell at current price,if Q already asked,u can disregard,thanks as always,jb
Q: Thank you for your prompt reply to my inquiry about Elkwater this morning. You certainly know how to run a business and offer great service!
Would you please explain what you mean by "expect the shares to settle down in price a bit" - does that mean at current levels or closer to the financing price?
Thanks again.
Q: I like CPG for a long term hold but am currently significantly under water due to the falling oil prices. I have Capital gains in other stocks that I would like to offset. I am considering selling CPG for the tax loss and buying it back 31 days later. In the meantime I will buy a energy ETF with the funds to protect me if oil rebounds in the short term. If all stays the same or worse, I will sell the ETF after 31 days and buy back CPG. Your thoughts?
Q: Elkwater was highly recommended by a BNN guest around July 30th, when it was approximately seventy cents. It traded 12 million shares the next day and subsequently doubled due to the rights offering, giving the company a hefty market cap considering it had no deals signed.
Now, it's twenty cents and still trading heavily. Investors who bought in August have taken a big hit and the share price action seems a little unusual, to say the least.
Is it possible the .375 cent private placement will be re-priced or cancelled due to market conditions or is it a bought deal and completed?
Would you buy this company at current levels?
Thank you.
I am wondering how much of Enterprise group's business will be affected by the lower crude price. Heart oilfield rentals may incur some weakness but I would assume pipeline projects will still be going ahead regardless of volatile commodity prices. It seems their stock price has been under pressure along with the service sector however business still seems to be good? I would appreciate your thoughts on the company.
I haven't see Enerflex mentioned since Feb 2014, and have been following the company for quite some time. In this sector I own Shawcor and Canyon Services (as well as Suncor and Black Diamond). I am thinking about adding either Enerflex or Secure Energy Services (SES). Do you favour one or the other over the next 5 years, and why? Thanks in advance. Keep up the good work
Q: Could you please comment on which natural gas producers are most likely to benefit from short term interest in natural gas and might offer best short term gains
Also those producers with best value and long term prospects
Q: WEQ reports Q3 on Thursday. Any idea on what to expect?
How secure is the dividend? The WEQ website indicates the dividend has been paid out faithfully at $0.05/month since June 2007 and back then the share price was $4.00.
Q: Peter, I own the following resource companies. ARX BTE COS CPG FRU SGY TBE WCP VET. Would you please rank them for me in the sustainability of the dividend. How low does crude price have to go to cause them Div. problems? Thank you for your valued information, Ken