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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: Peter and Team,

How do you feel about White Cap Resources? I currently have a 4.5% weighting in Crescent Point Energy and am considering switching half of that position to White Cap. Any thoughts on the comarison between the two? I terms of oil plays, I also have a 2.4% weighting in Arsenal Energy and a 3.3% weighting in Legacy Oil and Gas.

I would guess that you might think that my weigting in Oil stocks is high, however, I live in Calgary and work in the Energy industry so I feel like my familiarity with the sector and individual companies justifies a higher-than-normal exposure.

Candid thoughts would be appreciated!
Read Answer Asked by Marc on August 02, 2013
Q: Good morning, 5i. I was about to buy some Whitecap Resources when it was announced they are one of three players (CNQ and Venturion Oil being the other two) purchasing Barrick Gold's energy assets. Does this look like a good move for Whitecap (and the other two as well), or should I hold off and wait for the dust to settle? Many thanks for your valuable service. John.
Read Answer Asked by John on July 24, 2013
Q: Hi Peter,
after the tragic accident at Lac-Megantic this past week-end, one analyst on BNN mentioned that it would be best to avoid oil sands names and wait for further developments.
Some would argue for the building of more pipelines such as the Keystone , after this unfortunate tragedy.What is your outlokk on holding such names as SU, CNE and WCP? Many thanks.
Read Answer Asked by Jean on July 08, 2013
Q: Hi Peter and team,

I have held CNQ for quite some time, but the stock, with the overall sector, hasn't been doing much. I am down about 20% on the stock. With some patience, I know the stock will rebound once the sector does, but I was thinking about potentially switching into Whitecap Resources or Raging River as they seem to have held up fairly well in the sector and have good growth prospects. In terms of upside potential, would you think staying with CNQ would be better than entering into one of these other names?

Appreciate your thoughts.
Read Answer Asked by Jonathan on May 17, 2013