Investment Q&A

Q: I couldn't resist this dividend machine and picked it up in Dec'22. I know there's a lot of factors involved (oil prices/shareholder payouts/production costs/depletion/new plant & equipment etc.) but in the current environment it appears to me that they'll be cash flow positive enough to eliminate their meager debt this year and then some. Do you have any idea what the cash flow forecast is for Gear this year and how it is derived (i.e. various components)?
In summary, do you think a return of capital is likely?

Q: Can you please comment on today's earnings announcement. Is the dividend safe and would you consider the recent pull back to be a good entry point.

Thank you!

Q: Hi folks ... 2 questions:

I recently bought a 1/3 position in GXE. It's up 10% since. Is there any reason not to add another 1/3 at this time?

Is your current view on ATZ as positive as ever? Is this a good entry point?

Thanks for a great service.

David

Q: How would you rank these companies for growth, stability
and dividend security? I'm thinking to trim WCP and FRU
to add these others.

Thanks

Q: Hi 5i Team. Can o get your general thoughts on these companies and, specifically, the sustainability of their dividends? At what commodity price points do their respective dividends get dicey? Thank you!

Q: could you give an in-depth analyses of GXE please.The dividend looks very attractive.
Would you be a buyer here or could you mention some better candidates in the sector.
High yield stocks like GXE are they best in a TSFA account?

Q: looking to generate a little more income in my RIF with these three CDN O&G names. In your opinion, would a mix of all three achieve some benefit of diversification or does one of these stand out as a clear favourite to own for either safer income, growth or bothÉ

Q: Hi Could you please give me your thoughts on BAYTEX ENERGY CORP AND ARX-T I hold them both, should I sell BTE and buy GXE

Thanks

Q: Gear Energy has a juicy dividend of 11% but is it sustainable? And what are it's growth prospects overall.

Q: i own vermilion, cnq, erf, and gear . gear has an 11% yield, no debt, i cant resist.
i want to add one more small to mid cap energy name canadian. i know you like tamarack but it is a weak performer. can you recommend another for growth. dave

Q: I am picking up oil and gas stocks (with yield). These two stand out. Could tell me how they stand as regards to their book? Which you might prefer? I was thinking of a mix between the two.

Q: gear is now at a buck yielding 12%, generally this is a warning, but they have zero debt and oil is hanging at about 75.
is this a great buying opportunity, or am i missing something. i guess there are lots of companies like this now.dave

Q: What would be your top 3 mid-cap energy choices currently?

Q: Hi 5i,
Do you think that GXE is an attractive take over candidate, based on its size, share price, balance sheet and, perhaps most importantly, the nature and location of its in the ground assets. (I benefited entirely fortuitously, but significantly, from WCP's buyout of TORQ some time ago, and I wonder if something similar could be in the offing for GXE....).
Thanks for your thoughts,
Peter

Q: I wish to add more energy stocks to my portfolio for diversification. I have ENB and SU. I am thinking of adding GXE, PXT & TOU, all three seem to have very low or no debt, and either PPL or TRP. All for a 5-year hold. I do enjoy the high dividend yield but would still wish to have some growth and safety. Please feel free to add or remove any from my list of your choice, rank them from the best to the least, and each with a reasonable entry price. How long of a time frame would you recommend to spread over the additions?

Thank you again for your insight.
Roger

Q: I'm looking to boost yield while keeping a position in CDN oils (Diversified Rif account). I am up on CNQ and am thinking of a switch to GXE. Acknowledging the difference in mkt cap, are there other material risks of this switch. Wondering if Gears high yield is a warning sign

Q: Hi 5i Team - In the oil and gas part of my portfolio the only two companies that I'm not too sure about are Rubellite Energy and Gear Energy. Could you provide an opinion of their prospects and balance sheets. Thanks.

Q: Hi 5i,
I need to access some cash by selling some TFSA holdings and hope you can give me advice as to the best way to go about that.
I'm nicely up on WCP and TVE, and with dividends accounted for close to break even on DBM. CTS, CURA, QST and WELL are down a lot, and GXE is down some but not too bad.
Selling 1/4 of the WCP or 1/2 of the TVE or DBM would cover my cash requirement, whereas I'd have to offload pretty much all of any one of the others at their presently reduced values to get where i need to be.
If I didn't need the cash I wouldn't sell anything at present, in the expectation that WCP and TVE will continue to do well, that DBM will at least hold steady, probably rise relatively soon and keep paying dividends, and that the others will find their way out of the woods in due course. But unfortunately I don't have that luxury.
Given the above, could you advise what i might best hold on to, and what might be best to sell in fairly short order?
Thanks!
Peter

Q: your opinion on earnings of gear and athabaska. dave

Q: How you rank BIR, GXE and POU for income and some growth and ability to handle a recession? Where would you rank these vs other energy names that you mention often (such as ARX, CNQ, CVE, FRU, SU, TOU, TVE, WCP)?