Investment Q&A

Q: Hi, on a risk reward basis , what are the 3 oil companies you would invest with the highest leverage to oil prices ?, this will be no more than 2% of my portfolio, so I can take the risk of losing it if they go bankrupt . My exposure to oil is rather small and limited to large companies like Enbridge and Suncor. My view is that oil will have a come back in a 3 to 5 years time.

Q: Hi team,

Your thoughts on the quarter out of PXT?

Thanks!

Q: I own the following and thought: WCP ( good assets good balance sheet),
CJ ( slow decline rates), VET ( Brent prices) And they were all paying great dividends ! What could go wrong eh?
The model of great dividends in this sector is broken and not to return.
These stocks represent a small part of my portfolio.
Believing that the market will do its work eventually , I am looking at selling these and replacing with PXT which is one of your favourites in this sector. Would you expect it to bounce back to the same degree as the others or more / less?
Emotionally it is very difficult to sell your losers, always hoping they will come back, but have found once I sell them, they are not daily reminders of the money I have lost.
PXT has a strong balance sheet, good assets and management. Is their oil sold and refined within the region? Would you buy in RRSP,TFSA or CASH account.? Thanks. Derek

Q: Good Afternoon Team,

Can you tell me when the quarterly results are do, and the expectations?

Thanks!

Q: What do you think is the best way to play potential return to reasonable pricing for oil? USO - merged with HUC or a company like SU? No one can make money at these current prices even though they have gone up nicely recently.

Q: What equities in Canada or USA do you consider cheap with great balance sheets.

Q: what would be your top 3 oil,energy company be in the US and Canada?
Anyone of them worth while to invest in?

Q: Which oil companies are your best Equipped to make it through the current mess? Could you make a top 5?

Q: Compelling argument in the financial post recently on oils rebound - ‘how the corona virus is setting the stage for the next oil boom’. Do you buy into this thesis? If so what companies would you look at with most upside and safety (Eg will be around to see it through)

Q: Hello 5i,

It is looking like things are firming up on the supply side for oil. What companies in Canada and the US will best participate in the limited recovery? I have a full (under water) position in SU btw.

Thanks for the service.

Q: hi
I own the above oil stocks. WCP is small and in TFSA, so I will keep it.
I have oversized position in Parex, but Vet and Fru are small. Looking to sell at least one, today, would you sell Vet or FRU or both ? I am comfortable with my position in Parex but wondering if better opportunities are available in other sectors. Which are your favorites sectors when coming out of this?

Q: Peter, which Cdn or US Oil companies have their current and future production consistently hedged at higher prices ? Is there somewhere to see this ? Based on this would you recommend a 1/2 position in any ? Thanks.

Q: Please give me 3 Canadian oil & gas producers with the best commodity price hedges for 2020.

Q: Hi 5i Team - From my reading of answers to previous questions it seems that Parex Resources is pretty much the best company to own if you want exposure to oil and gas, since it has a very strong balance sheet. My question regards insider ownership and recent selling. According to INK there has been net selling of $70 million with the ownership by directors having fallen off sharply, although the holdings of the CEO, CFO and other officers has remained quite steady. Issuer holdings have recently dropped from 20 million shares to 0. First of all could you comment on the accuracy of these figures since you may have a different source than I do and certainly a better understanding of what the figures mean. Secondly is there anything to be read into all of this. Also could you explain the drop of 20 million issuer shares - and is the company buying back shares. Any guidance you could give me would be greatly appreciated. Thanks and all the best to all of you.

Q: Hi,

I have a position in PXT. I read an article that indicated that at $30 Brent oil price, PXT is still profitable.

With Brent oil prices currently at around $30 and PXT having cash on hand and no debt, could you please share your opinion on the stock and if PXT would be the one oil based recovery stock to benefit provided oil prices don’t sink further.

Thanks,

Q: Can you suggest five companies from the oil sector that are least likely to go into bankruptcy with oil at current prices.

Q: Hi,

Is there an oil stock listed either in Canada or the US or both that does not have any debt on the books? If so, is it possible to name a few.

Thanks

Q: The above TFSA holdings have not performed well and of course, are not eligible as tax loss harvesting. This is one of the potential downsides of TFSA investments. Please give me your thoughts on which ones you would move on from and without worrying about sectors, some replacements you think will recover well. Thanks again for your guidance.

Q: With the price of crude oil so low now, which crude oil stock/s would you recommend on buying at this time taking into consideration debt load, dividends, liquidity, management etc. Thanks

Q: Given the abysmal condition of the oil & gas sector and the apparent attempts of Russia and the Saudi's to further roil negative market activity, some long-term opportunities must be in the offing. Which oil & gas producers have the strongest balance sheet, lowest cost of production and are, generally, the most likely to survive these current circumstances?