Investment Q&A

Q: Good morning,
My two largest positions in the energy sector are equally in Whitecap and Surge. In order to bring my total exposure level down to about 12% ( my present level is 15%) I need to lighten up on one. As I like both companies which one would you suggest?
Thanks Peter

Q: Hello 5i team,

I would like your opinion please...

Warren Buffet is not the end all do all but there is no question he has some very solid insights. One of his idioms is "be fearful when others are greedy, and be greedy when others are fearful."

With the recent falling of O&G stocks like WCP, I have been watching Relative Strength Index (RSI) with the hopes of finding an over sold equity and taking advantage.

On a RSI scale of 0 - 100 it is widely thought a stock is considered to be oversold if the RSI falls below 30.

on Thursday WCP RSI was 29.5 after changing hands as low as $11.395 per share. By comparison, the current RSI reading of the S&P/TSX Composite Index is 44.9.

Today WCP is trading around $11.60. Would you consider WCP oversold at this time and that taking on a "greedy" attitude would be wise? Or would you advise to wait until after tax loss season is over before moving in today?

Thanks for all you do

Gord

Q: Hi Peter and team,

Could you please give your opinion of the earnings results for Whitecap?

Given the results and today's valuations, if you had to buy either Surge or Whitecap tomorrow, which of the two would you buy for a 5 year hold in a TFSA?

Thank you for your answer.

Q: Hello Peter and Staff,
I own a diversified portfolio inspired by your own and I have done OK thank you. My question is regarding my energy portion.
CWC,KEL,PEY,PD,RRX,WCP represent now about 7% of my portfolio after the recent pull back.
Should I hold, average down or sell for better opportunities ?
Thank you for your excellent service.
Regards, Raouf

Q: Hi 5i Team. Perhaps one thing to remember in these times is that, if you are lucky enough to hold cash and is waiting to get in, you could do it in steps. Take for example, Whitecap. It got to over $18 before the drop. When it got down to 13.95, I went in with half a position. It bounced up violently the following day (2 days later? whatever), I went in with the other half at 14.90. Of course, there could still be another drop in oil prices. For the long run though, we are addicted to the stuff. So it is a hold. I am able to stay calm during all this turmoil because I was unlucky enough to have been invested through Black Monday. 20% drop in one day! This one we are experiencing is a picnic. You don't need to remind me that anniversary will be in a couple of days. Cheers. Henry

Q: I currently hold WCP, CPG, and VET in my portfolio. To what level would the price of oil per barrel have to drop to affect the dividend payout on any of these stocks? Thanks, Joe

Q: With the U.S. comments on becoming self sufficient on energy the NEW supply is going to come from shale which has a huge demand on water .The Ogala Aqua for the largest in the US has been depleted down to 20 per cent this depletion took place in the last 20 years a result of growing vast amounts of subsidized corn for ethonal production .
My opinion is that the jury is still out on fracing and I am not prepared to write off Canaidian oil and gas as a major supplier to the U.S. market.
Kind regards Stan

Q: Can you comment on why you chose Whitecap for the model portfolio over your other top picks in the sector -Tourmaline and Surge specifically? Thanks

Q: With the pull back in the oil & gas sector, do you have a couple of junior names that seem like compelling values at current levels, or would you stay with bigger players until we get through October (seasonal weakness and a month when strange/unhappy events can happen in the market)? Thanks, Dave

Q: Hi- given the recent pullback in the energy sector, can you give me your top three picks for growth& income. thanks

Q: Hello 5i team,
In the energy producing sector of my portfolio I hold CPG (light oil), BTE (heavy oil), TOU (gas) and VET (oil & gas). I'm not too happy with CPG for their endless acquisitions by raising more equity; would WCP be a worthwhile switch?
Thanks,
Tony

Q: I saw your recent response to a question asking for your top energy companies. I was surprised, based on many of your previous answers to questions, that Whitecap(WCP) was not on your list. Has anything changed with respect to your views/expectations on Whitecap in terms of relative valuations particularly with the recent increase in share price, current expected growth,etc.?

Q: own TOG and SGY (both for dividend and growth - what about exchanging TOG to WCP for stronger growth potential? thanks

Q: Peter can I have your thoughts on WCP,S acquisition?
Is you BIG ride still on?
Stan

Q: Which stock offer the most growth and the least risk?
Whitecap(WCP) , Peyto(PEY), or Cresent Point(CPG)
Thanks
Dolores

Q: Hi Peter & Team, It was recently reported in the Globe & Mail that insiders have be accumulating stock of Whitecap Resources (WCP). Could i get your view on WCP? Thanks,

Q: I am toiling with the idea of selling WCP while it is trading at such a high. Once we see stabilization in the middle east WCP will most likely come back down. Correct?

Is it best to sell now, and buy back when it goes back down to the ~$15.00 mark?

Q: I would appreciate your comparison of Enerplus (ERF) and Whitecap (WCP). I have done well by ERF but RBC's recent downgrade on the basis of its price appreciation makes me wonder if the growth prospects for WCP might be appreciably better. There would be no tax consequences to me of making such a switch and the dividends are similar. I look forward to your reply.

Q: hello 5i:
waiting for a slight pullback in energy stocks, and wondering which of these 3 you would favour (at current levels): DTX, RRX, WCP, and why.
thanks as always for a tremendous service

Q: What are your thoughts on Whitecap (WCP) vs. Torc (TOG)? Any preference?