Investment Q&A

Q: Would you call FRU a low risk investment? Do you think it is a safe way to invest in the oil industry? What do you think of starting a position at this time?

Q: I own Algonquin and as many of your members I am down. I see this as a long-term holding and do you see it as a HOLD. Thanks.

Q: 5i, What is the real truth on oil supplies?? I follow Eric Nuttall fairly close and he has claimed for the past year that oil reserves are way under what they need to be. He forecasts oil to be up for at least the next 6 years. His philosiphy is that Co. are commited to share buy backs and div. increases as opposed to future
capital expenditures. He goes so far as to say it really doesnt matter what the Saudis do long run.
On the other hand BNN reports this morning the Saudis will increase supply and oil market drops like a rock. Saudis deny report and oil back to 80 dollars. Two extreme views. What do you see as being correct.?? I feel oil and gas will be around a long time. At least until a replacement has been found. Thanks for opinion Ken

Q: I am heavy in the energy particuliarily oil sector--betting on a sort supply due to cutbacks in the field and lack of investment.

Do you think this id a good idea?What is the future of oil?

Thanks

Q: I presently have some U.S. cash available to invest. As a retired Canadian investor I already own CPX but would like to add Fortis to further stabilize dividend income. Fortis is listed on NYSE and TSE. Other than trading volume is there a disadvantage to buying in NY?

Q: What are your views on the latest earning results for Polaris Renewable Energy and its future growth? The share price has been dropping after a nice run-up. Would you rate it a hold/buy/sell? Thanks

Q: Hi 5i,
Do you think that GXE is an attractive take over candidate, based on its size, share price, balance sheet and, perhaps most importantly, the nature and location of its in the ground assets. (I benefited entirely fortuitously, but significantly, from WCP's buyout of TORQ some time ago, and I wonder if something similar could be in the offing for GXE....).
Thanks for your thoughts,
Peter

Q: A Bloomberg recently article said that Enbridge is going to apportion space on a segment of its Mainline system by the most since November last year. It went on to say that 'apportionment is when shippers reduce volume when they see too much demand on a system, and has contributed to a glut of supply in the past as producers are left with the excess'. The article further said that 'pipeline apportionment has previously led to large discounts for Canada’s crude oil and now threatens already-weak oil prices'.
Lastly, it said that 'the rise in apportionment signals that export lines may be filling up again amid record oil production in the province and rising demand for Canadian...'
I couldn't unpack the above and was wondering the effect it would have on the stock. I see that today 21 Nov the price has not moved much.
Many thanks

Q: I've missed the energy company run up (other than my lone holding = SU) but maybe better late than never? Which Canadian oil and/or gas producer would you recommend?

Q: Peter; Now that Biden has bribed the Royal leader of Saudi by legal washing him for an increase in production would you buy more energy companies this am? Thanks. Rod

Q: I just read this morning tour response to the possibility of a dividend cut st Algonquin. Then i read an article in the globe and mail about a number of directors buying shares. One would assume that they would know if a dividend were to be cut, no?
Thanks as always for the great advice

Q: Hello Peter,
What is your outlook for Oil the next 6 months, in the context of a slowing demand and Russian supplies to China and India? Would you consider one of the best stocks to get into after a pullback last few days?
Appreciate your comments as always.
Regards.
Rajiv

Q: How does this stock compare to others in its sector? When specifically comparing others in its sector, what are the potential risks associated with this stock?

Q: Could you offer your analysis and outlook on KRP:US? Holding some TPZ, I am intrigued by the royalty model and this company's strong but variable dividend.

Many thanks.

Q: Is there any reason for concern about ALA,s recent drop . Should I hold as I am still up?

Q: Would under $8 be a good entry price for PHX?

Q: Hi 5i,
sorry for beating this horse but I would appreciate your thoughts on AQN.
These are speculative events. Can you prioritize these possible future events and give some high level reasons they might do it. Priority #1 being the most likely if it ever happens. (a) approx. dividend cut by 50%. (b) issuing more shares. (c) buying back shares. (d) issuing more debt. (e) asset sales. (f) others? I noticed that there has been some insider buying buy the CEO very recently. Thanks for your thoughts!

Q: Hi 5i team,

Algonquin Power's yield is over 9% with recent drops on the share price. Can you please predict the odds for the company cuts the dividend? Is current CF able to cover the all the expenses?

thanks,

Q: I am aretired dividend investor and tend to keep stocks. My full position in AQN is nearing a half position (its in a RRIF so no tax loss selling). The 9.4% dividend for a Utility is extremely attractive. I am thinking of buying some more. I have read the questions and I realize a dividend cut could happen but since they will not report again until March 1, is a cut, if there is one, before then unlikely?

Q: What does your crystal ball say about the potential of a large activist investor getting involved in aqn and shqking things up?