Investing

is now the time to invest in oil stocks?

  • Last Updated:
  • Oct 18th, 2018 9:38 am
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Deal Addict
Jun 15, 2012
1214 posts
127 upvotes
MB
tattashot wrote:
May 4th, 2017 2:15 pm
To invest in XEG or ZEO, that is the question....
Absolutely ZEO.
"I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful."
- Warren Buffett
Member
Jan 8, 2009
457 posts
74 upvotes
i think pengrowth is done......wouldn't touch it
Deal Addict
Nov 28, 2010
1108 posts
187 upvotes
Brampton
yeah Pengrowth has fallen hard since the over $50 days as has Baytex, i think both fell over 90%
Deal Addict
Jun 15, 2012
1214 posts
127 upvotes
MB
China successfully tests marine natural gas hydrates.
http://www.chinadaily.com.cn/bizchina/2 ... 400931.htm
--
This is big.
Looks like there won't be any energy shortages in the foreseeable future.
"I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful."
- Warren Buffett
Member
Feb 7, 2014
421 posts
19 upvotes
Oil got slammed again today. M interested in adding to CPG position. Any industry insider input here? I know that CPG has lost plenty of love after they announced secondary offering sometime late last year but at current price, I think CPG offers plenty of upside and carries somewhat of a lesser downside risk. Last time CPG traded at the current price was when oil went into 20s ... today it's more than double of that.
Member
Aug 16, 2015
275 posts
38 upvotes
What Canadian oil company to invest in?

PEY, ARX, SU CNQ???

I'm leaning toward PEY or ARX because of dividend but that is probably the wrong move...

What about GXO?
Member
Feb 7, 2014
421 posts
19 upvotes
kilburn305 wrote:
May 25th, 2017 11:54 pm
What Canadian oil company to invest in?

PEY, ARX, SU CNQ???

I'm leaning toward PEY or ARX because of dividend but that is probably the wrong move...

What about GXO?
Both SU and CNQ are solid dividend players in the O&G sector .. and make great long-term holdings.
Deal Fanatic
User avatar
Dec 21, 2005
5104 posts
368 upvotes
Markham
kilburn305 wrote:
May 25th, 2017 11:54 pm
What Canadian oil company to invest in?

PEY, ARX, SU CNQ???

I'm leaning toward PEY or ARX because of dividend but that is probably the wrong move...

What about GXO?
PEYto is predominantly natural gas, but probably the has the lowest operating cost in the ng sector.

GXO is much much smaller compared to the other names that you listed. It is oil focused and pays a monthly dividend; market probably thinks the divy isn't sustainable at USD 50 oil....but I think they should be able to keep it
:idea: :) :lol: :razz: :D
Jr. Member
Jul 19, 2007
190 posts
145 upvotes
Sarnia
kilburn305 wrote:
May 25th, 2017 11:54 pm
What Canadian oil company to invest in?

PEY, ARX, SU CNQ???

I'm leaning toward PEY or ARX because of dividend but that is probably the wrong move...

What about GXO?
I have been flipping GXO, It pays a divvy while waiting. I usually pick up in the low $5 area and sell mid $5 area. Just picked up more at $5.05 today.
Member
Aug 16, 2015
275 posts
38 upvotes
I haven't bought any yet, I have no idea when the bleeding stops.
None of their financials looks good to me. didn't realize it was such a mess.
Deal Expert
User avatar
Sep 19, 2004
21707 posts
3864 upvotes
Waterloo
Talk about catching the oil falling knife since 2014.....
2016 was a dead cat bounce? ha

Even if the crude stays at $50 USD, so many TSX energy companies are near 52w lows like when crude is at $30
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Member
Aug 16, 2015
275 posts
38 upvotes
jerryhung wrote:
May 30th, 2017 9:09 pm
Talk about catching the oil falling knife since 2014.....
2016 was a dead cat bounce? ha

Even if the crude stays at $50 USD, so many TSX energy companies are near 52w lows like when crude is at $30
The only explanation is hardly anyone in Canada is profitable at 50 a barrel?

I guess steer clear of Canada and go with something in the Permian basin???

The only one not falling off the cliff yet is suncor.

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