skip to content
  1. Home
  2. >
  3. Investment Q&A
You can view 3 more answers this month. Sign up for a free trial for unlimited access.

Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: With the current oil situation what is the future of these stocks and which ones would you sell now
Read Answer Asked by hal on March 12, 2020
Q: In light of the likely prospect that the economic effects of the corona virus will get worse, I am looking to reduce my over-weight position in the energy sector... please rank the four companies in terms of financial resilience to a significant drop in the price of oil. I know BIR is mostly natural gas and not sure how it would be affected. Thanks.
Read Answer Asked by Michael on February 27, 2020
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.
Read Answer Asked by dean on November 22, 2019
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
Read Answer Asked by Terence on November 21, 2019
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






Read Answer Asked by Ryan on September 02, 2019
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?
Read Answer Asked by Ryan on August 29, 2019
Q: Looking at starting positions back into Canadian oil. Could you give me your thoughts on these three and your preference with reasoning. Thx
Read Answer Asked by Todd on June 04, 2019
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
Read Answer Asked by Terence on May 03, 2019
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
Read Answer Asked by Alnoor on April 09, 2019
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
Read Answer Asked by dean on November 26, 2018
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 !
Read Answer Asked by STEVEN on November 26, 2018
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?
Read Answer Asked by Lotar on November 12, 2018
Looking for more? Sign up for a FREE 14 day trial! No credit card required

We invite you to sign up for a 14 day free trial of 5i Research!
Experience all the benefits and tools we have to offer; stock research, model portfolios, Q&A with our experts, and so much more. Join a community of like-minded investors today!