Investment Q&A

Q: I hold a 2.4% position in TOU and a 1.2% position in TPZ in a non registered account. TOU has had greater upside (65% for me) and probably still has legs over the very long term. Capital gain on TPZ is 17.25% and the dividends are solid. TPZ seems to be more an income play than a growth play. I was thinking about selling TPZ and adding to TOU for greater potential growth (5 to 10 year horizon). Currently I hold about 10% energy in Exploration and Production companies combined, but would be swapping securities rather than adding new money. Capital gains from selling TPZ would be manageable with enough capital loss offsets. Is this a good idea or should I continue to hold TPZ?

I have divided my energy holdings into E & P companies (10%) and pipelines (15% -- largely for income -- and in many respects the pipelines are closer to utilities than to oil production companies)

Q: Hello, I want to invest in natural gas. If you had to choose either Tourmaline or Topaz today, which one would you invest in? The yield is 1.4% and 5.2% respectively, and my understanding is that Topaz is a more natural gas focus company than Tourmaline. Is it better to hold these companies in a registered account or not? Thank you

Q: HI, This retired income couple want to invest 5K for our 20 year old grand daughter from our TFSA. To do so we have to sell some of our holdings in this account. Our largest holding SLF to our smallest TPZ are available with profits in most. Please suggest best to worst to select for raising the necessary cash. Our plan is to use the cash to purchase VGT.US or perhaps your other preferred etfs to be used in about 3-5 years. Thanks

Q: Given the current environment and momentum do you see Topaz as a buy at this point a how would you compare it to Enbridge for income?

Q: I hold 13% of my non-registered account in energy and utilities, spread across the following stocks, with a focus on long-term income.

Would you suggest any consolidations or removal of any of these positions?

AQN, 9.70% of total, 3% gain
CU, 4.78% of total, 3% gain
ENB, 21.43% of total, 31% gain
EPD, 7.50% of total, 2% gain
FTS, 8.14% of total, 1% gain
KMI, 7.54% of total, 6% gain
PXT, 7.19% of total, 15% gain
SPB, 8.48% of total, 3% loss
TPZ, 4.19% of total, 8% gain
TRP, 4.86% of total, 11% gain
WMB, 4.63% of total, 10% gain
ZWU, 11.55% of total, flat

Thanks as always for your excellent work! Aaron

Q: Hi Peter and Staff

PKI has been disappointing. What do you think of Topaz as a long term investment versus Parkland ?
Thanks for all you do
Dennis

Q: I hold the above securities in my TFSA in relative equal $ amounts. Putting aside asset allocation, which company would you invest new TFSA money in?

Thanks Ken

Q: Can you please give your view of this stock for a long term income investor.

Q: These companies appeal to me for various reasons, some of which I currently own. For new money in an unregistered account, in your opinion which two would have the most pop in the near future and likely for a 3 yr hold? Thanks.

Q: Currently my only energy exposure is by way of pipelines; ENB and PPL. Given the prospects for good energy demand and increasing dividends in the sector I would like your recommendation for a company with good dividends and relative strength to withstand the ups and downs in the sector.
This would be a long term position in my dividend focused non-registered portfolio.
I have targeted the above 3 companies as prospects but would be open to others you may recommend. Any preference for Oil vs Gas focus?

Q: Please comment on TPZ's announcement after market close today.Acquistion of Weyburn from WCP, BD 7.7m shs @$17.10 & 14% increase in Div.Txs for u usual great services & views

Q: Comments please on the Topaz royalty acquisition, from both Topaz and Whitecap perspective.

Q: Does it make sense to own both-TOU for growth and TPZ for income?
Or is it putting too many eggs in one basket?
Thanks.

Q: Could you compare FRU and TPZ in terms of payout/dividend sustainability, hedges, debt levels, any growth potential and royalty holdings in general. If you were to buy one, which would it be, and why. Alternative suggestions welcome.
Thank-you

Q: What are your thoughts on Topaz?

Ken

Q: Love you website changes.
Here are 2 div'd changes not showing on your Dividend change list yet,.
2021-06-14 In conjunction with the acquisition of incremental FCF, Tourmaline (TOU) will increase its quarterly dividend by 6.25% to $0.68/share (annualized) effective Q3.

2021-06-10 Topaz (TPZ) will increase its dividend by 5% to $0.84/share annualized, beginning in Q3/21.

Q: I noticed that Topaz Energy is a subsiduary of Tourmaline with an interesting royalty model and a good dividend. It's a recent IPO.
I wondered what you think of its prospects.

Q: I'm trying to decide between ARX and TPZ for growth and some income in a RRIF. Which one would be your pick, and why?
Many thanks for all you do.

Q: When is TOU reporting next 3000 shares . Tks to 5i I am now making small amount of money and your advice on tou in the past helped It took a long time to get back to this position for tou . Analyst say it could go to $24 and If they are correct I will be making more money .I like the dividend and probably will trim down to 500 shares of tou and will look at putting cash in ETF's that are more conservative. Topaz I have 200 shares and will keep for now. This is in RRIF account and I will not need cash for this year or next, What is your outlook for these 2 stocks. Tks 5i team

Q: Hello 5i. I am an income investor looking to invest in the energy sector. Which would be your preference between Topaz and Keyera right now, and why? Thanks as always for the great service you provide.