Investment Q&A

Q: Hi 5i - VET has been dropping like a stone for a while now! I have a small position- would you add to it here or hold/sell? Any better options in the energy sector?

Thanks, Neil

Q: Hi there, thoughts on VET results, share buybacks, debt reduction, forward hedging and North American / European drilling success please?

Thanks!

Q: Hi, I am down quite bit on this one. What is your favourite midcap at this time to replace it with. Thanks and Greetings, Peter.

Q: What are your thoughts on Vermillion latest quarter results? Would you be a buyer here?

Q: May I have your thoughts on the turbulent stock, Vermilion Energy. In particular I am interested in Q4 2023 and the current metrics given the recent price drop. At what price would you consider taking an initial position? crystal ball - Do you anticipate another win-fall type tax coming in the EU?
With appreciation,
Ed

Q: Can you provide current assessment and upside opportunity. Can you list pros and cons for this company. Would you buy here, it looks extremely cheap.

Q: How would you rank these two, for total return 12-18 months?

Q: I am thinking of selling my Vermilion shares VET and using the funds to buy shares of MEG since I want to keep my oil and gas exposure at the same weight (about 15 per cent of the portfolio.) This swap of oil producers is predicated on that MEG is already returning 50 per cent of FCF to shareholders while VET is only returning 30 per cent. According to both compannies corporate presentations both companies play to allocate more FCF to shareholders when lower debit levels are achieved in 2024. I liked VET from its exposure to high gas prices in Europe but when Ireland introduced a windfall tax on VET it definitely took a shine off of Vet's future. What do you think of changing VET for MEG. I also have some CPG, CJ, TOU, WCP, and BTE so I don't want to add to them.

Q: What are your thoughts on Vermillion's earnings, growth, future

Q: 40-70% losses on paper on these 4 Cies ,2 are now under book value and one is getting close,I wonder if there is a limit on the downside.At this level I am ready to wait for some kind of recovery..Would a "switch" between these stocks or even a sell would be to consider at this level ?I know that predictions are impossible,but your impressions are always appreciated..

Q: With what 'appears' to be a bottoming of European and North American gas prices and the 'Saudi Put' on oil can we buy VET at these levels?

Q: Please compare P/E’s, cash flow yield , balance sheet leverage and future growth. How would you rank in order of most preferred to not interested. Ty.

Q: Any new perspective or hope about VET at this very low point (and now big loss "on paper" ).., would you rank the stock as a hold, or sell for capital loss ? Thanks for your impression

Q: Thoughts quarter and future prospects for this company. Understanding oil price cyclical impact.

Q: At this extremely low valuation ,do you consider this stock as a hold ,sell or a buy ? any comment on this Cie 's future perspective shall be greatly appreciated.Ps: I am wondering if the restrictions on Russian oil and gaz could significantly favor energy Cies active in western Europ ( like VET ..) , in order to compensate for pipelines and energy suppressions, thanks , J-Y

Q: How would you rank these at todays price and future potential over the next 2-3years?

Q: I heard that Eric Nuttall is now out of VET. It's my only oil & gas stock that is under water at this point. What is your opinion? It seems to have declined due to the fall of natural gas in Europe and the extra tax levy. Do you think it has fallen enough to now be worth holding, or is there another oil and gas stock that you like better. I'm thinking maybe FRU or even NNRG.NE, Eric's fond? Or do you have another one?
Thanks

Q: Looking for what top 3 oil & gas recommendations you would have. Growth and appreciation over the next 2-3 years.

Q: I must progressively restructurate a non-registrated portfolio, recovered in early 2022 for self-managing... Here are the percentage of each stock vs all portfolio, and also indications (+/-) if they are at a profit or at a loss on paper. stocks at profit are: BIP.UN (8% of portfolio), CM 5%, DIR. UN 3%, BIPC 1%, BCE 5%, ENB 2%, SGR.UN 1,5%. Stocks at a loss are: BN.PF.D (5% pf portfolio), TRP 1.5%, VET 1.2%.
My objectives are in order: stability, dividends, and some growth if possible.
Some stocks represent a probably too high percentage of the portfolio, I would not sell them “only to rebalance the portfolio” if they are still safe (to avoid non necessary capital gain tax), but I shall sell if they represent a risk. On the other hand, I would not sell stocks with a loss if they respond to my objectives.
I have already balanced a good part of this portfolio with ETF and a selection of stable dividend stocks. Those are the remaining stocks from the original portfolio..
Please give me suggestions for each stock according to objectives as : keep, sell, or sell partly. All of your comments are always greatly appreciated.

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