Q: I hold approximately 900 shares of both CNQ and Suncor and have a profit on both. As you know both have been dropping significantly in the last several weeks. Given the low global oil prices would you recommend that I sell my positions or add on this weakness.
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Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: I have about 21% of our portfolio in oil with full positions in HSE,BTE,CPG,WCP,SU and a half position in SGY. Today's paper had a column in the business section disparaging the oil sands. So I am considering selling SU, increasing SGY to a full position and adding one more oil. We rely on dividends for 50% of our income, so - 1. What is your opinion of SU? 2. If I do sell SU, can you recommend another decent energy stock.
Q: SU.to
Peter,
In your view. Do you feel that SU would be trading higher if all the cash used for buyback was returned to shareholders with dividend increase instead?
Many thanks
Peter,
In your view. Do you feel that SU would be trading higher if all the cash used for buyback was returned to shareholders with dividend increase instead?
Many thanks
Q: I currently own Suncor,CNQ, Cenovus, I purchased these a few years ago, and watched them go down, SU is up $5.00 CNQ break even, CVE down $5.00. Should I sell these now, and what would be a replacement?
Q: Hello 5i,
My question has to do with two companies that you have mentionned in question and answer. Suncor and IBM. You don't seem very positive towards either company. I suppose we are all under the mystique of someone like Warren Buffet and I have to say that it puzzles me that Mr. Buffet has chosen these two companies in a portfolio that does not have a lot of names. We would appreciate your take on that. Also, would you sell Suncor and buy something like Surge Energy in the current context?
thanks
My question has to do with two companies that you have mentionned in question and answer. Suncor and IBM. You don't seem very positive towards either company. I suppose we are all under the mystique of someone like Warren Buffet and I have to say that it puzzles me that Mr. Buffet has chosen these two companies in a portfolio that does not have a lot of names. We would appreciate your take on that. Also, would you sell Suncor and buy something like Surge Energy in the current context?
thanks
Q: Suncor stock price seems to simply hover, despite many positive analyst comments. What is your view of Suncor (SU), as well as Sherritt (S)? Thank you.
Q: I bought Suncor (SU) a few years ago and it went down about 40%, but this year it is doing much better. I'm only down about 13% and it is continuing to improve. Do you think I should continue to hold this long term or should I be swapping it for another stook in the same sector like tourmaline?
Carla
Carla
Q: Currently hold position on SU in registered plans. Your thoughts on future for stock? I hold smaller amounts of TBE, TOG and SGY. Your thoughts on continuing to stay with Suncor?
Q: Hi Peter & Team,
I would like to add a Large Cap Energy Company to my portfolio and I'm considering SU, HSE, CNQ. They are all trading at similar prices. Can you recommend one of these? Open to any other suggestions.
Thanks,Brenda
I would like to add a Large Cap Energy Company to my portfolio and I'm considering SU, HSE, CNQ. They are all trading at similar prices. Can you recommend one of these? Open to any other suggestions.
Thanks,Brenda
Q: Hello Peter and team. I want to add a Canadian integrated oil/gas player to my portfolio. Any recommendations? I am thinking of Suncook energy, your thoughts. Thank you
Q: Michael Bowman on BNN today suggested selling Suncore and buying Eog Resources. His rational is that the Americans will be self sufficient in oil by 2015. He also said that the Americans will not want or need our "TAR Sands. Any comments?
John
John
Q: Hello Peter and team I’m rebalancing my portfolio to 20 stocks. I have two energy stocks COS down - 7% and a half position in ERF down -24 %. I thinking of adding TOU and as for ERF would you recommend talking a full position in ERF or selling ERF? In the utilities I have BEP.UN, ENB and IPL. I’m in for the long term.
Ronald
Ronald
Q: Hi Peter:
I have owned shares in SU, CNQ, CVE for awhile (over 2 years);
recently, Suncor has been outperforming the rest
I also noted that the volume of Su in NYSE has also been very active, one of the commentators at BNN said that street consensus is $ 42
Could I have your insight why SU is outperforming the rest and is the target of $ 42 is achievable in the short term of within 6 months ? thanks
I have owned shares in SU, CNQ, CVE for awhile (over 2 years);
recently, Suncor has been outperforming the rest
I also noted that the volume of Su in NYSE has also been very active, one of the commentators at BNN said that street consensus is $ 42
Could I have your insight why SU is outperforming the rest and is the target of $ 42 is achievable in the short term of within 6 months ? thanks
Q: Mr. Hodson,the consensus recommendation provided by Thomson Reuters for the following oil sands producers is as follows:
SU 1.86, CVE 2.13, CNQ 2.22, IMO 2.67, COS 3.11 (on a scale of 1 to 5, the lower the better)
Does that make sense, and is SU currently the best ? They all have enormous reserves, with no exploration risk. Is there some meaningful advantages to having some synthetic crude (CNQ and 100% for COS)?
SU 1.86, CVE 2.13, CNQ 2.22, IMO 2.67, COS 3.11 (on a scale of 1 to 5, the lower the better)
Does that make sense, and is SU currently the best ? They all have enormous reserves, with no exploration risk. Is there some meaningful advantages to having some synthetic crude (CNQ and 100% for COS)?
Q: Peter would suncor be a good choice for my tfsa. What are the prospects for a nice gain along with a dividend. Is there another name you might offer?
Q: http://www.google.com/url?q=http://www.theglobeandmail.com/globe-investor/investment-ideas/buffett-bets-on-suncor-and-oil-sands/article13803201/&ct=ga&cd=MzQwMjc5NTY0ODgxMTgxMTAzMw&cad=CAEYAQ&usg=AFQjCNE8__g3q3kLwU2x8gN9YHQlBj_jBg
Mr.Hodson, is this action by Buffett a significant vote of confidence likely to be of benefit in the future to Suncor and, implicitly, similar oil sands companies such as Canadian Natural Resouces (CNQ) and Canadian Oil Sands Ltd.(COS) ? Thank you for your kind attention.
Mr.Hodson, is this action by Buffett a significant vote of confidence likely to be of benefit in the future to Suncor and, implicitly, similar oil sands companies such as Canadian Natural Resouces (CNQ) and Canadian Oil Sands Ltd.(COS) ? Thank you for your kind attention.
Q: Suncor [SU] - With Warren Buffett announcing that he has a stake in Suncor the stock popped. I'm thinking this would be a good time to bank my gains and wait for the stock to drift lower before buying in again. Any comments will be appreciated.
Thank you,
Ron
Thank you,
Ron
Q: In your response to a query on Suncor you said last month it was fairly priced. Analyst's consensus on it is a 'strong buy'. Yet the PEG is well over 3. Am I not understanding PEG well? Doesn't 1 make it fair value and above that overpriced?
Q: any change in your opinion on SU ?
Q: SU just reported a loss, the first in 3 and a half years. Apparently, this would result from the differentials for Canadian crude oil. Would this be indicative that the oil sands sector should be avoided somewhat until the pipeline issues are resolved?