Investing

is now the time to invest in oil stocks?

  • Last Updated:
  • May 26th, 2017 11:32 am
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Sr. Member
Jun 15, 2012
600 posts
47 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
440 posts
69 upvotes
i think pengrowth is done......wouldn't touch it
Sr. Member
Nov 28, 2010
715 posts
69 upvotes
Brampton
yeah Pengrowth has fallen hard since the over $50 days as has Baytex, i think both fell over 90%
Sr. Member
Jun 15, 2012
600 posts
47 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
376 posts
18 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.
Newbie
Aug 16, 2015
69 posts
6 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
376 posts
18 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 Addict
User avatar
Dec 21, 2005
4859 posts
255 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
181 posts
139 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.
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