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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: What is your take on the OPEC+ output cut over the weekend...will this immediate positive reaction in company stock prices be sustainable...or better to fade this rally? If the cut is a new path higher for oil stocks, which do you prefer (Cdn or US)
Read Answer Asked by Doug on April 03, 2023
Q: Early in the winter I bought some Keyera, but only got about half of what I had bid for. The price started to climb, so I just let the remainder of the bid expire. The price is now back down near my initial purchase, and I am debating whether to purchase the other half (I hold a 1% position, this would make it 2%). Could you comment on:
1) current guidance from management
2) debt levels, and how this compares to others in the industry
3) dividend payout percentage
4) do you consider it a "buy", and if so, buy now or wait a bit

Thank-you, Grant
Read Answer Asked by grant on April 03, 2023
Q: Peter; Was the market expecting the OPEC+ cut ?
Thanks.
Rod
Read Answer Asked by Rodney on April 03, 2023
Q: hi, can I get your latest thoughts/analysis of PHX:CA. and what is the company/industry specific near-medium term future look like?
also, could I get your top pure (relatively) play in gas energy stocks, with decent dividend yield, as well as your thoughts on where you think the price of the gas commodity is going in near-medium term. cheers, chris
Read Answer Asked by chris on March 31, 2023
Q: hi, in regards AQN Kentucky power transaction- the end of March is the end of comment period, with presumably a decision on whether or not this transaction will go through shortly after? do you have any sense as to this purchase going ahead, or not going ahead ( and AQN paying a penalty ). further, what do you think the potential upside could be with an announcement of the merger NOT going forward; and conversely what do you think the downside in AQN price could be if the merger does go ahead? cheers, chris
Read Answer Asked by chris on March 30, 2023
Q: If a series of events were to occur that would cause the long end of the yield curve to spike to 10%, how does this affect highly indebted companies such as ENB, TRP and BEP.UN ? What measures can they take to avoid bankruptcy in that scenario, and what would be your level of confidence that they could ?

As a 2nd part to this question, what are your top 5 Canadian dividend-paying stocks that would have balance sheets that one would not necessarily need to be concerned about ? i.e. durability under the above situation.
Read Answer Asked by James on March 30, 2023
Q: Good morning,

I currently hold FRU in my TFSA account and it is down approx 30%.

Q1. What is your outlook at this time of FRU and would this be a good entry point to purchase some additional shares?

I wish to purchase an energy stock for my TFSA and GXE is one under consideration given the relative safety of its high dividend and growth prospect should the price of oil go higher.

Q2. What are your thoughts and outlook of GXE at this time and do you have a better recommendation for a new position in my TFSA?

Thank you and I'll await your sage advice.
Read Answer Asked by Francesco on March 30, 2023
Q: So, in comes the new Liberal budget. Lots of spending and increased deficits. Also, a huge emphasis on renewables. Where does this leave the oil and gas industry in Canada? Is this budget going to damage the industry or does the money it brings in to the federal government make it an essential contributor to the funds needed to pay for all the new spending outlined by the government. What will happen to Canadian energy companies as a result of this budget?
Read Answer Asked by Les on March 30, 2023
Q: I have held TRP for a long time recommended by all analysts who cover it. I do understand that pipelines are rarely to be added in the future and TRP is a huge owner operator in N.A. They also manage to increase dividend (now @7%) every year. It's payout is in excess of 500%. Can you explain how TRP is so overrated with such a poor payout ratio?
Read Answer Asked by Ritwik on March 29, 2023
Q: What are your thoughts about the sale of the Montney assets to Crescent point ,and with a prospect of 9.50/ share dividend to Spartan shareholders, do you see any negatives for the shareholders of either company?
Thanks,
Philip
Read Answer Asked by Philip on March 29, 2023