Investment Q&A

Q: Could I please have your opinion on secure energy. Would it be a buy right now? Thank you.

Q: Thoughts on the proposed merger of SES and TEV?

Q: Pretty slow movement on this company since the last response here three months ago. Do you recommend holding it still?

Sean

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: Is there any reason to still hold SES now that it has rebounded a little?
Thanks

Q: Hi Peter and Staff
I have suffered as have many with losses in this sector( most of which I have crystallized. I still own HWO, SES and CEU. Assuming I want to stay in the sector would you replace any of the above with either
TCW, SHLE or STEP.
Your opinion and supporting rationale is appreciated. Please dock my questions as you see fit
Thanks for all you do
Dennis

Q: Hi 5iR Team, I have read a number of your answers to investors questions on PD. 5iR's main concern appears to be PD's high debt. I have read TD's most recent PD report dated April 27/18. In contrast as stated below it is positively a glowing report on PD as if management could walk on water. TD states....
"In our opinion, persistent negativity across the Canadian oilfield services sector
has created one of the best opportunities for investment in quite some time. In this context, we believe that Precision should be a core holding in all
energy portfolios, based on our view of its quality assets, compelling valuation,
potential for FCF generation and deleveraging, experienced management team,
scale advantage, strong U.S. exposure, leading-edge technology initiatives, size,
and liquidity. Specifically, as supply constraints result in near-term pricing traction
and rig upgrades, we expect that Precision's high-quality, homogeneous asset base
will require less capital spending than its peers, implying stronger relative FCF
generation. We are maintaining our ACTION LIST BUY rating and $7.00 target price. In addition, TD does recognize debt as a concern for PD but feels management is committed to better capital discipline.
Ok, 5iR other than high debt do you have other concerns that clearly TD has yet to uncover?
As a cautious investor it always gives me a better feeling when I can get both 5iR and TD analysts recommendations to concur.
Finally SES would probably be TD's second top pick in the drillers. Any thoughts on SES?
Thanks Team. Cheers, Chris

Q: Do you see SES as a stock to hold within a growth portfolio? I am also considering the positive dividend yield. Thanks for the insight(s).

Q: I own both stocks. What is your opinion on these stocks. Are they a buy, hold or sell. These stocks represent 10% of
My portfolio.

Q: Good morning, your opinion on SES pls. Also, any idea why the stock dropped 7% yesterday, selling was relentless throughout the day, just wondering, analysts seem to have positive opinion on this one, is a secondary offering coming to market?

Q: I feel like the oil sector is turning the corner and want look at some oilfield service companies. Which do you feel is a "safe" way to play this, looking for a "good" balance sheet and someone that isn't going to just issue equity as soon as their stock price runs up a bit. Please consider companies beyond those listed above.

Q: How would you rank these three energy service companies? And why? Do you for see an increase in usage for these energy service companies (if oil maintains itself above 50)? or will it need to go higher .Or have they had their little run up in price for now and will need a higher price to carry them further .Your thoughts are appreciated as always
Thanks

Q: Can you give me your thoughts on the oil & gas equipment/services sector in general and SES specifically? I'm wondering whether I should go down to this level of leverage in oil and gas or just stick with producers instead? Thanks for your service!

Q: What are your thoughts on ses?

Q: Would you buy the below stocks today (for the next 2 to 5 years)?
- esn.to
- re.to

Q: Stocks such as SES, TOT, PSI and BDI have moved substantially (admittedly in relative terms only) off their lows, which is a bit of a head scratcher. As far as you know are there one or two of these kinds of companies that stand to benefit should the push for LNG occur? Which is, or are, your preferred names in the sector, and why? Thanks as always.

Q: What are your thoughts on this company's future and would you purchase at this level with a 3 year time frame. Many thanks!

Q: SES is one analysts top pick on BNN yesterday. What is your opinion on it.

Q: Secure Energy Services SES is up $3.86 today. Could you comment on the news report, and is it now a better investment? What about debt
level?

I read all the questions every day, and find it a great help.
Thank you.

Q: SES.t
I note with thanks, your general comments from Nov. 5/13 on this apparently outperforming it's sector company. It appears that Nov.20 they announced a bought deal financing of 6.2 million shares (approx. 15% of the current float) at $15.35 (today trading up to 16.20ish). So, I was a bit confounded that the stock price went up today, normally wouldn't one expect a dilution at a lower price to bring the price down? If the price continues to hold in the face of the BDF, does this speak positive for the company? I'm not not sure on the "ins and outs" of these deals so would much appreciate any education you could provide.
Thanks as always.
One of the Neil's