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: Hello 5i Team

Could you please review the three listed US Oil & Gas midstream companies which are not MLPs?

Please rank in order which would be the best company(s) for allocation of capital.

Are there any other US C-Corporation midstream companies which I should be reviewing?

These would be held in a US dollar denominated RRSP account for long term growth and income.

Thank you
Read Answer Asked by Stephen on January 03, 2024
Q: Below is an email from Interactive Brokers.
"As a result of recent US legislation under Internal Revenue Code Section 1446(f), gross proceeds from sales of and certain distributions from Publicly Traded Partnerships ("PTPs") held by non-US tax residents (both individuals and entities) will be subject to 10% withholding starting on January 1, 2023."

It is not clear to me that the 10% withholding tax is on the distributions only or 10 % tax will also be applicable to the total proceeds amount when I sell it ?
The company involved in my case is ET but can also be applicable to other publicly traded partnerships.
Thanks for looking into this.
Read Answer Asked by Jabs on December 06, 2022
Q: On February 1 2022, ET:us was added to RBC-Capital’s “ Global Energy Best Ideas”. ALA:ca is also on that list (ENB:us is not). Do you agree with this call or are you lukewarm and colder? Ratios: I am getting widely different numbers on FORWARD P/E , PEG, ROE, ROCI. Although I am referring to premium sites, the data is widely divergent. What do you have for each of the above ratios please?
Read Answer Asked by Adam on February 07, 2022
Q: I "discovered" today that ET dividend was reduced of 37% in my RRSP since it is a US LP (limited partnership).Is BIP " LP" In my RRSP taxed the same way ? I guess and hope not, since it is not a "US LP" .I sold ET to Buy KO+PG instead ,at least no more tax on dividends and more stability ! thanks all for points of vue .
Read Answer Asked by Jean-Yves on February 25, 2021
Q: I hold ET in a registered account, and as it is a MLP I've had non-resident taxes withheld from dividends. They have indicated that they will likely convert to a c-corporation, and I'm wondering how that would affect the withholding tax on distributions, and if that would automatically mean a lower distribution.
Read Answer Asked by Rick on August 25, 2020
Q: I have been looking at this company, and can't understand the steep discount on its share prices. I understand the Dakota Access Pipeline issues, and the fact that "energy companies" are generally in disfavour, but the cash flow looks solid and rateable, and debt levels are high, but sustainable and interest rates are lower, not higher, so debt levels look not so bad. What am I missing here??? Am I glossing over some risks???
Read Answer Asked by David on August 25, 2020
Q: I hold WMB in my RRSP.

Please advise which option to elect in the merger of The Williams Companies Inc (WMB) with Energy Transfer Equity LP (ETE). The three choices are:

1 - 1.8716 share of ETE for 1 share WMB
2 - $43.50 cash for 1 share WMB
3 - $8.00 cash and 1.5274 share of ETE for 1 share WMB

Thank you
Read Answer Asked by Stephen on June 20, 2016
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!