Q: Wondering what your perception is on Kelt these days and if it could be a takeout target. Thanks for your insight.
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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.
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Cenovus Energy Inc. (CVE $19.73)
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Veren Inc. (VRN $9.14)
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ARC Resources Ltd. (ARX $27.92)
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Tourmaline Oil Corp. (TOU $62.62)
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Seven Generations Energy Ltd. class A common shares (VII $8.45)
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Vermilion Energy Inc. (VET $10.77)
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MEG Energy Corp. (MEG $26.56)
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Parex Resources Inc. (PXT $14.50)
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Whitecap Resources Inc. (WCP $9.68)
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Baytex Energy Corp. (BTE $2.59)
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Enerplus Corporation (ERF $26.78)
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Kelt Exploration Ltd. (KEL $7.67)
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NuVista Energy Ltd. (NVA $14.13)
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Surge Energy Inc. (SGY $6.65)
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TORC Oil & Gas Ltd. (TOG $3.21)
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Tamarack Valley Energy Ltd. (TVE $5.09)
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Yangarra Resources Ltd. (YGR $1.03)
Q: In a recent answer to a question on an oil company, you mentioned that it is hard to be optimistic on a company if you don't like the management team. So my question is, which of the management teams in the oil sector would you want to align yourself with, and why? Alternatively, which of the management teams would you not align yourself with? Please deduct as many credits as necessary to fully answer my question. Thank You.
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MEG Energy Corp. (MEG $26.56)
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Kelt Exploration Ltd. (KEL $7.67)
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Western Forest Products Inc. (WEF $0.41)
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Shopify Inc. Class A Subordinate Voting Shares (SHOP $159.95)
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Americas Gold and Silver Corporation (USA $1.36)
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Lightspeed Commerce Inc. Subordinate Voting Shares (LSPD $15.96)
Q: I have the following loss that I can claim as a tax loss- wef = 44% - usa=31% - shop=18% - meg=14% - lspd=16% - Kel=40% gud 30%. My question is there any of these stocks that have any chance they will recover before the 30 buy back period expires? I would hate to sell them and then watch them recover more that the loss that is claimable?- appreciate your thoughts
Q: Could you please explain the options as Kelt is being delisted from the TSX? Will it be on the Venture exchange?
Thanks, Alan
Thanks, Alan
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Suncor Energy Inc. (SU $54.57)
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Veren Inc. (VRN $9.14)
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ARC Resources Ltd. (ARX $27.92)
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Vermilion Energy Inc. (VET $10.77)
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Parex Resources Inc. (PXT $14.50)
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Whitecap Resources Inc. (WCP $9.68)
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Freehold Royalties Ltd. (FRU $13.01)
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Kelt Exploration Ltd. (KEL $7.67)
Q: Good Morning 5i,
So on this fine Friday long weekend morning, I'd like to pick the brains of people who've "been there and done that" much longer and more successfully than I, and have seen some things in the financial world first hand that I have not.
I want your opinion on oil and gas. Are we not watching one of these classic "blood in the streets" scenarios you always read about as investors and wish you'd had the fortitude to plug your nose and dive in? The shares of almost every publicly traded company in the space are being thrown away for nothing. The good ones, the bad ones, the ones making money, the ones losing money, good balance sheets, bad balance sheets - it's almost irrelevant. If they're in the space they're being slaughtered.
So if the thesis is:
a) it will take a lot longer to power the world with worm casings, pixie dust, and unicorn farts than some would have us believe (i.e. hydrocarbons are not going anywhere in the foreseeable future)
b) a surprising number of these companies have solid balance sheets
c) a surprising number of these companies are earning profits hand over fist, doom and gloom aside
If a, b, and c are indeed true, you'd have to believe a lot of these companies trading at historic lows will eventually make investors a lot of money. Like buying Florida real estate in 2009.
What am I missing? What holes can be shot in this thesis, looking at it objectively?
I take the point that there is no catalyst to change things or excite investors in this space (although I do get surprised from time to time that the fact that a company can throw off ridiculous amounts of profit and return it to shareholders via dividends and buybacks doesn't itself become a catalyst, but I digress...)
I also take the point that these scenarios can persist for a lot longer than people think they can before things change.
Single-company risk is always there, I understand that, but I reject the idea that all of these companies are headed for bankruptcy.
Aside from patience and the stomach to watch your investment get hammered in the short term - where exactly are the risks?? This seems like such a great buying opportunity that I feel I have to be missing something.
Thank you for whatever insight you can share, and happy long weekend to you and your families!
Ryan
So on this fine Friday long weekend morning, I'd like to pick the brains of people who've "been there and done that" much longer and more successfully than I, and have seen some things in the financial world first hand that I have not.
I want your opinion on oil and gas. Are we not watching one of these classic "blood in the streets" scenarios you always read about as investors and wish you'd had the fortitude to plug your nose and dive in? The shares of almost every publicly traded company in the space are being thrown away for nothing. The good ones, the bad ones, the ones making money, the ones losing money, good balance sheets, bad balance sheets - it's almost irrelevant. If they're in the space they're being slaughtered.
So if the thesis is:
a) it will take a lot longer to power the world with worm casings, pixie dust, and unicorn farts than some would have us believe (i.e. hydrocarbons are not going anywhere in the foreseeable future)
b) a surprising number of these companies have solid balance sheets
c) a surprising number of these companies are earning profits hand over fist, doom and gloom aside
If a, b, and c are indeed true, you'd have to believe a lot of these companies trading at historic lows will eventually make investors a lot of money. Like buying Florida real estate in 2009.
What am I missing? What holes can be shot in this thesis, looking at it objectively?
I take the point that there is no catalyst to change things or excite investors in this space (although I do get surprised from time to time that the fact that a company can throw off ridiculous amounts of profit and return it to shareholders via dividends and buybacks doesn't itself become a catalyst, but I digress...)
I also take the point that these scenarios can persist for a lot longer than people think they can before things change.
Single-company risk is always there, I understand that, but I reject the idea that all of these companies are headed for bankruptcy.
Aside from patience and the stomach to watch your investment get hammered in the short term - where exactly are the risks?? This seems like such a great buying opportunity that I feel I have to be missing something.
Thank you for whatever insight you can share, and happy long weekend to you and your families!
Ryan
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Veren Inc. (VRN $9.14)
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MEG Energy Corp. (MEG $26.56)
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Whitecap Resources Inc. (WCP $9.68)
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Baytex Energy Corp. (BTE $2.59)
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Kelt Exploration Ltd. (KEL $7.67)
Q: Eric Nutall at Ninepoint keeps on saying he is buying heavy into energy space companies that are trading around 2.5 EV to Cashflow. Just wondering what some of the better names he’d be buying into may be. Any idea or suggestions?
Q: Any recent news? It has been hit quite dramatically in the past two weeks
Q: Morning guys:
Would you buy this name for energy exposure at the current price?
Would you buy this name for energy exposure at the current price?
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Seven Generations Energy Ltd. class A common shares (VII $8.45)
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Whitecap Resources Inc. (WCP $9.68)
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Kelt Exploration Ltd. (KEL $7.67)
Q: Looking at starting positions back into Canadian oil. Could you give me your thoughts on these three and your preference with reasoning. Thx
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Colliers International Group Inc. Subordinate Voting Shares (CIGI $185.42)
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MEG Energy Corp. (MEG $26.56)
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Kelt Exploration Ltd. (KEL $7.67)
Q: Hi group appreciate your comments on energy I recently bought Kelt + Meg (ahead of earnings) both stocks almost instantly dropped 10% +> what's you thoughts on these two buy sell or hold (earnings just starting on energy companies and they are expected to be positive for most part. Also comment on on Cigi the quarterly results were not well received and the stock has been hit accordingly- sell or continue to hold - deduct credits accordingly and thanks for your help
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Peyto Exploration & Development Corp. (PEY $19.31)
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Seven Generations Energy Ltd. class A common shares (VII $8.45)
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Kelt Exploration Ltd. (KEL $7.67)
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Secure Waste Infrastructure Corp. (SES $15.98)
Q: Hi Peter, any thoughts in this 4 co. Would like to get back into oil and gas. Would you buy any of this co today? How would you rate them? And is Peyto dividend safe if oil drops to $45.00. . Thanks. Alnoor
Q: May I have your opinion on KEL earnings and could you compare KEL to WCP.
Thanks.
Thanks.
Q: What do you think of Kelt going forward. Do you think it is positioned for growth when the sector recovers?
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Cenovus Energy Inc. (CVE $19.73)
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Whitecap Resources Inc. (WCP $9.68)
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Advantage Energy Ltd. (AAV $11.52)
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Baytex Energy Corp. (BTE $2.59)
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Kelt Exploration Ltd. (KEL $7.67)
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Surge Energy Inc. (SGY $6.65)
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Tamarack Valley Energy Ltd. (TVE $5.09)
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Yangarra Resources Ltd. (YGR $1.03)
Q: Hi Guys,
I submitted this question last week so not sure if it didn't go through or just got lost in the shuffle. The question is as follows: I am concerned about the oil and gas industry going into a prolonged down pricing environment. Can you rank these companies in terms of balance sheet strength and their ability to withstand a prolonged downturn? Can you also speak on if any of these would be in significant financial trouble (e.g. - bankruptcy) over a prolonged downturn?
Thanks,
Dean
I submitted this question last week so not sure if it didn't go through or just got lost in the shuffle. The question is as follows: I am concerned about the oil and gas industry going into a prolonged down pricing environment. Can you rank these companies in terms of balance sheet strength and their ability to withstand a prolonged downturn? Can you also speak on if any of these would be in significant financial trouble (e.g. - bankruptcy) over a prolonged downturn?
Thanks,
Dean
Q: RE: Tax loss selling (registered accounts)
If I sell a stock at a loss in my RRIF or TFSA, do I still have to wait the 30 days to repurchase it in one of the above registered accounts ? For example I sold KEL, am I allowed to buy ZEO or another oil & gas company ? Thanks as always for your valuable advice !
If I sell a stock at a loss in my RRIF or TFSA, do I still have to wait the 30 days to repurchase it in one of the above registered accounts ? For example I sold KEL, am I allowed to buy ZEO or another oil & gas company ? Thanks as always for your valuable advice !
Q: Would now be a good time to take small positions in KEL and TOG and your opinion on both please.
Q: KEL results released this morning look pretty darn good to me -- except maybe against "estimates" (?) which i haven't seen. A 13% drop looks (ridiculously) overdone? Your thoughts?
KEL & PXT are half positions in my TFSA -- hold, increase, or fold?
KEL & PXT are half positions in my TFSA -- hold, increase, or fold?
Q: What’s your current outlook for Kelt and would you purchase at these levels or wait for the price to correct further?
Q: Could I please get your opinion and outlook on kelt and would you buy, sell or hold at this time. Thanks
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ARC Resources Ltd. (ARX $27.92)
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Peyto Exploration & Development Corp. (PEY $19.31)
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Tourmaline Oil Corp. (TOU $62.62)
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Advantage Energy Ltd. (AAV $11.52)
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Birchcliff Energy Ltd. (BIR $7.01)
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Crew Energy Inc. (CR $7.40)
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Kelt Exploration Ltd. (KEL $7.67)
Q: As all eyes and ears are patiently waiting for the Canadian LNG FID announcement, how would you rate for a 3-5 years investment the following O&G and Infrastructure players in this strategic LNG play;
A) Rate from best to worst small & medium sized gas and liquids players namely AAV, ARX, BIR, CR, KEL, PONY and TOU or other O&G company you would suggest
B) Critical pipeline and midstream player benefiting from this huge NG and condensate liquids volume surge TRP, ENB, PPL KEY or others you would suggest
Jean Yves
A) Rate from best to worst small & medium sized gas and liquids players namely AAV, ARX, BIR, CR, KEL, PONY and TOU or other O&G company you would suggest
B) Critical pipeline and midstream player benefiting from this huge NG and condensate liquids volume surge TRP, ENB, PPL KEY or others you would suggest
Jean Yves