Investment Q&A

Q: I'm sitting on a loss in CPG in a taxable account, would it make sense to sell it all, write off the loss and replace it with VET? Thanks.

Q: I hold these energy stocks in the following percentages 5%FRU and 2% each of the others in a non-reg. acct. I plan to keep FRU and am considering selling one of the other 3 (all down about 30%). The question is am I premature in selling, or would it be prudent to wait for a bit more of a rebound, or, if selling which one would you suggest. I am a retired income oriented investor and would probably re-invest in a different sector. Thanks,
John

Q: I am thinking of lighting up in the oil sector. I own..
WCP(1.1) OXF (1.0) HEE (1.0) ALA( 3.4) RMP (1.3)PEGI (1.4)FRU (1.0)
CPG (1.2)

This is 16% of total stock portfolio...im thinking of selling Oxf Hee Cpg and Pegi...any thoughts?

Q: I currently own both of these stocks and I am content to hold for some time. Could you give me your thoughts on either or both please.
PS, new member as of last week and have been enjoying all the information.

Q: Good morning, my energy exposure CPG,SU,WCP,IPL.Thinking of selling CPG and buying PEY giving my portfolio gas exposure and almost double the dividend.TD,Royal and Scotia have a target of around 45$ for PEY which is a very nice upside.Still like it ?Or would VET be better/safer ?
I started looking in deeper at the metrics, so many ! Which ones do you consider most to base your preference on a stock. Noticed that RRX has a very high netback, low debt.

Q: This one is a under performer for sure, however, does it not look cheap relative to its peer at this level? I own it much higher and am thinking of averaging down...I did the same thing when i bot baytex at 35.00 and got out even...

Q: Further to discussion of Crescent Point Energy: I can't argue with concerns about share issuance, but I wonder they're as significant as its exploitation strategy. Historically, CPE has favoured building-up its 'reserve life index' - that is, how many years it can produce oil from its current reserves. This strategy made particular sense during the 'peak oil' era - that is, when netbacks and reserve replacement costs could be expected to go up in tandem, and the producers with the longest-life reserves could expect to come out ahead. With lower oil prices, reserve replacement is more of a ho-hum consideration, while the ability to exploit current reserves goes directly to cash flow. All of which is to wonder if CPE's appeal as a =long-term= play depends on oil prices in ways that other producers' doesn't.

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