Investment Q&A

Q: Hello, I am looking to buy an energy stock and was considering one the these two. I would appreciate if you can provide pros and cons of both and which one you believe will perform better and why.
Are there any other energy names you would recommend which have good BS and valuations.

Q: I am considering transferring my assets in CPG to WCP. Both have an equal weight in my portfolio. It seems that CPG has not performed as well as WCP during the upturn in oil prices. Both have cut their dividend substantially but I believe that WCP has more upside in terms of growth and dividend increases. What is your opinion? Thanks

Q: I own these three, but am very disappointed in cpg. I was thinking of selling it and topping up the other two. Do you think cpg will recover? Your opinion please.

Q: Starting another trading acct. without any banks. Your opinion would be appreciated on the selections above. Thank you.

Q: I am retired and looking for income the above have not been to great for past few years
Could you suggest others that may be better
Others that I have that are not doing any better are tog,mtl,
I realize you dot have all that you would need for a proper reply
Any suggestion would be welcome thanks Pat

Q: Considering returning to oil to take a full position. I have full position on utilities,finance,IT,Consumer, Is going to oil a good idea? Which of the above would you or combination would you suggest for an initial input of $50-70K.
Your service is much appreciated,

Q: I have to reduce energy component and am thinking of selling Veresen (VSN) and Crescent Point (CPG) Do you see any compelling reason not to sell either of these 2 stocks.

Wayne

Q: I am an 87 yr old retiree living on dividend income. I have a reasonable holding of CPG in both my regular investment account and also in my TFSA, both of which are currently in substantial loss positions. Obviously, a recovery is in large part dependent on the price of oil. At my age it doesn't look likely that I will recover my losses. I'm thinking of selling the shares in my investment account & using the loss to shelter some gains. If there is an excess, I may sell some of a profitable holding and then buy those back after the 30 day period [a strategy I have used before]. I'm also wondering if I should bite the bullet and switch my holding in the TFSA to something else. Should I sell now or is there a reasonable chance of a substantial increase in value in, say, the next year.
Thanks.

Q: what is the closest proxy to CPG that you can think of? I want to sell for a superficial loss, however, I don't want to be out of the market for 30 days.

Q: Hi Peter, the above energy companies are held for a 20% weighting overall in an rrsp. Which ones would you keep and which ones would you cash in ? Whats a reasonable energy company weighting at this time ? Thank you.

Q: I am down 7% on my Crescent Point shares and I am thinking about selling and taking a superficial loss. My replacement security would be Whitecap Resources...Thoughts? Other than the last few months, their share prices seem to be highly correlated...Both move in tandem with the price of oil. Also, I would sell WCP and purchase CPG 31 days from now.

Q: 5i I need help in Rebalancing my RRIF. Maybe I am too attached to my stocks. I asked about BIP and BEP and you indicated my energy sector at 22% of my RRIF was high and I agree. I need less volatility but do require income. Of the 22% CPG-T =10%, FRU-T =30%, PPL=35%,SGY=8%, VSN=12% and WCP=5%.I like everyone, require your wisdom.

W

Q: Good Morning: I want to realize some capital losses on the above energy positions (and others) but do not want to lose exposure to the energy asset class in case of a sudden move upwards (even though I don't expect that in the short term.) So, my plan is to sell all or parts of my losers and buy something else that will give me the same effective exposure. My question is as follows: First, what four stocks in the Cdn. energy sector would you recommend for a purchase at this time; and second, would an etf like XEG be an effective alternative for all or part of this strategy. I may even buy back some of the positions I am currently selling after the 30 day wait period has passed. As always, many thanks. Don

Q: Peter; Did you see any news on CPG to account for the over 6million shares traded today? Thanks. Rod

Q: Hey 5i team, this is my first question here. I have recently finished school, and have opened a TFSA. I am looking to start a portfolio, and am willing to hold investments for up to five years. I was looking into the energy sector, and like CPG, and CVE (for growth potential), and VET (for their dividend). Would you recommend one over the other (or anything else), or would you recommend averaging between the three?
Thanks,
Mark

Q: I have a 3.5% position in CPG, and I have a 1% position in TOU and a 2.5% position in VET. My overall exposure to energy is around 12%. I am not looking to decrease my energy exposure, but I am considering consolidating my position into fewer names. Would you consider a transition from CPG to either TOU or VET to be a sound move, and if so, which would you choose? VET offers a better dividend, but TOU is better positioned to take advantage of a rise in natural gas, which seems like a real possibility over the next 3-6 months. Thanks so much!

Q: In the past I have just held a few stocks (PHM was one of them) but am now planning to take a much larger position in the Canadian market and would very much welcome your opinion, comments and suggestions on the list of stocks I have chosen. They were chosen largely based on their current price and the apparent opportunity for capital gain. What do you think.

Bob

Q: I own twelve oil and gas stocks in a $2.5 million portfolio as listed above. My advisor recommends selling the first seven stocks on the list and adding to the last five positions. I'm primarily interested in capital gains with dividends being a secondary consideration. Would you recommend selling any of the first seven stocks? If so, what gas and oil stocks would you choose as replacements? Thanks for your advise.

Q: I own eleven oil and gas stocks as listed above in a $2.5 million portfolio. My advisor recommends selling the first seven stocks on the list and adding to the last four positions. I'm primarily interested in capital gains with dividends being a secondary consideration. Would you recommend selling the first seven stocks? If so, what gas and oil stocks would you choose as replacements? Thanks for your advise.

Q: Good morning.
In my non registered account I am down 19% on CPG and 48% on SU. I have been thinking of selling CPG and buying more SU with the proceeds. The dividend is higher and SU is larger.
What do you think?
Thanks