Investment Q&A

Q: I’m hoping you may be able to identify a top 10 list of O&G-adjacent companies that could be considered the sector’s “pick-and-shovel” CO’s that could benefit from medium and long term production increases and not so dependant on the commodity price increasing such as what O&G producers are. If possible, please rank from highest to lowest conviction for stock price appreciation over the next 5 years. Thank you.

Q: Morning,
Could I have your five favored Canadian and American oil industry service/infrastructure companies. Five year hold.
Thanks.

Q: Good morning ... I would like to initiate a position in the oil field services industry.
Currently, I'm looking at Pason Systems and Trican Well Services. Which of the two would be your choice, and why?

Thanks, Rick

Q: I know this may be hard to answer exactly.
To the best of your knowledge . Who are the top 5 CDN. companies doing substantial or aggressive buy backs ? Also the same question for the US side.

Thanks for your valuable service.
Cal

Q: Can you please share your outlook on Trican? $5 seems to be multi-year resistance. Do you feel the long term story is intact?

Q: Which one of these 3 companies would you recommend for growth?
Can you comment on debt levels of the 3?
Thank you!

Q: Good morning. Reviewing some of my holdings and thinking I don’t really need to hold these three. Down marginally on all 3. What’s your opinion?

Thanks Steve

Q: I currently own each of these oil & gas industry stocks. Are they well positioned for any potential consolidation/takeover activity that is rumored to occur as a followup from the XOM Pioneer story? Which firms are best positioned for takeover/merger/consolidation?

Q: i own the above stocks.i want to add one more, your favourite mid to small cap oil company for growth. dave

Q: Hi, I own Parex, Gear, Trican, Pason, Advantage and Prairiesky in small percentages for this sector . Collectively, I am about breakeven. I would like to consolidate into two or three holdings. Of these, what would be your preference? Overall total return is the objective.
I have also seen Terravest mentioned as a favourite compounder in the same sector in the Q&A, Is this a new entity or did they do a recent name change from a former company. Is this a more preferred name vs the others mentioned?

Cheers,
Steve

Q: Is TCW a good buy now considering its debt , cash flow, present oil price & your expectations for future oil prices ?
Thanks, Laird

Q: My only energy holding is ENB, and I'm thinking of replacing it with something with greater growth prospects. Dividends are not too important. Are there any of the stocks listed you would suggest at this time? (Or any others??)

Q: Comments on earnings. Stock is moving up nicely. Would you consider it a buy?

Q: I am looking at TCW wondering if it is bottoming out. Do you see any catalysts to drive this stock forward? Also, the yield is approximately 9%. Is this sustainable?

Q: Thinking on selling my $8K in ESN and splitting it between PSI and TCW. Thoughts on this ??

Q: Several of the oilfield service providers were financially crushed or bankrupt when the price of oil dropped to below zero. Those that survived are probably in a fairly good position. Although government policies are doing everything possible to discourage investment in the energy sector, there will be a time when reality sets in and investment in the sector will be supported. Can you recommend some financially strong companies in the oilfield service sector. Thank you

Q: I have a question for 5i with respect to the “oil service subsector” of the energy sector. I currently own some pipeline stocks (large cap) and some E&P stocks (one small cap and one mid cap), however, I do not own an oil service stock at the present time. So…. I have some questions and would appreciate your views on the subsector.

With E&P companies focused on balance sheets, and returning capital to shareholders, are those management actions having any impact on the oil services sector?? Your views please.

If you think the oil services sector is not unduly impacted by the E&P focus outlined, how do you view the services sector – is it a favourable view??

How might one invest in the sector, would I be better off with a large cap like Schlumberger, Baker Hughes, or Haliburton and if so which one (s) would you favour? If not, are there smaller cap companies that warrant some investor attention and what names come to mind, would your focus be US based or Canadian based – thanks in advance.

Q: Been a while since you provided feedback on CES (ticker CEU). I am a long suffering holder of ESN and considering a swap if ESN results don't improve after the next report. What are your latest thoughts on ESN? Thoughts on this swap (ESN for CEU) or do you have another preference if I swap out ESN ... if so, why?

Q: With oil companies increasing their cap spending will this benefit esn, and or are there other service companies that you like?

Thanks
Auftar

Q: JOY
FRU
ATH
BIR
PXT
TCW
WCP
TVE
ARX
CPG
VET
ERF
MEG
BTE

Which three of the above fourteen oil & gas stocks would you sell first to bring my sector allocation back to my normal weight? This is assuming 100 WTI oil in 2023. Could you also provide a brief reason for each of the three stocks that you would get rid of first. Thanks.