Q: Hi Team
I know you like SGY and their management team, and the share price has done very well over the last year. My question is in regard to share issues. In 2009 there were 17 million shares O/S, today there are 166 million shares O/S. Does this not represent a high level of share issuing, or am I missing something.
Read your April 25 comments. I am up 47% on a small position over a 2 month period and am wondering what your thoughts are for the next 6 months - a year. I'm in no hurry to sell.
Thanks for all you do, it is very much appreciated
Q: I currently own Suncor,CNQ, Cenovus, I purchased these a few years ago, and watched them go down, SU is up $5.00 CNQ break even, CVE down $5.00. Should I sell these now, and what would be a replacement?
Q: Hi team:
great work as usual
I am about 10% up on ATH (no dividend) and PPY (no dividend)
I am considering selling ATH as PPY seems to have a better prospect (as a target of taken over as the LNG heats up more)
I have in my holdings the seniors CNQ, SU, HKE and CNQ (all up 25%)
In the juniors, I got RRX, DEE, and recently added small position in SGY,
In the services, I just added FRC and BDI
If I do sell ATH, would SGY and TOG be a good place to put the
money ? (I believe both pays a dividend)
I am already loaded in pipelines from PPL, TRP and IPL which has gone up 25% plus
thanks for the great work team!
Someone told me that this is an oil and energy bubble due to the Russian-Eukraine conflict, what is the fundamentals that
is leading to this run up in the oil and gas in your opinion ?
it has been very cheap prior to this event,
Michael
Q: I have owned Talisman [TLM] for a couple of years and am under water. At this point in 2014 I have capital gains which would easily offset the loss resulting from selling TLM. I'm looking for a suggestion on the way forward given this comment on BNN.
"We believe this provides an opportunity for astute, patient investors as the stock sells at a large discount to comparable companies and we do not expect that to stay that way forever. Investors also get to collect a 2.5% yield."
I don't need the cash so could sit tight and wait until later in the year. My energy exposure is about 7%. As a retired person I look more for yield than growth but do hold a number of your recommendations such as Amaya.
Appreciate your thoughts.
Ron
Q: Some advisors have suggested APA(apache) is a great buy because it has focused efforts to the oil/gas drilling in southern USA. Could you please give your assessment of this company.
Thanks
Back on Jan 13 Dundee Securities raised their price objective for PRW from $1.20 to $1.50. And Bruce Campbell on Market Call was excited about their prospects considering their highway expansion projects and the infrastructure needs the Canadian Oil & Gas sector would have in the coming months.
Since then share prices saw a brief time between $1.02 & $1.08 before falling to between $0.92 & $0.97 (majority of time closer to $0.92) where we have seen it for the past 6 weeks.
The all of a sudden yesterday is closed at $1.00 and today it is at $1.02 with trading at 2.85 times average daily volume
PRW has one of the larger "Big Yellow" equipment fleets and I have been expecting them to enjoy plenty of new projects as a result of the healthy Oil & Gas Sector and specifically the LNG project in BC.
Can you give any advice re this equity and if in fact there are any reasons to expect PRW to begin heading to the levels The "Experts" expected when they reported at the beginning of the year?
Q: Good morn.
Since the energy sector is rebounding nicely, I would appreciate
your pic on 2 or 3 additional stocks that you feel have legs for the next 12-18 months. I currently hold IPL,PPL,KEY,PKI,
BXE,TOU & SGY in this sector however, I classify IPL,PPL,PKI & KEY as support so I really only hold 3 pure oil& gas plays. Would appreciate you expertise as ever.
Q: Hello..I am underwater about 40% with tlm..Was thinking about averageing down.. .Down about 6 grand .Has your thoughts changed since March's last comments? Thanx for your advice in advance..Cliff
Q: Hi Peter and Team,
What are your thoughts on Falcon Oil and Gas, with regards to the farm out deal that just occurred? Would this be a good long term play? and with this deal, has this company been substantially de risked?
I have some shares in Spartan Energy Corp (SPE) and I want to add some more in the next 3-6 months. I was wondering what are their current metrics. Price to earnings, price to cash flow, their overall debt amount and any other metrics I should be considering.
Thanks, Shane