Crescent Point Energy Corp (CPG.TO)

Continues to recommend this to clients. Fundamentals are not as bad as the stock price would have you believe. Shareholder base has gone from 60% to 80% Canadian but thinks they will appeal to US investors in the future.

There was a fairly significant US holding and then about 9 months ago Americans decided to lighten up on energy stocks. He hopes it will come back in favour. Bought this for the dividend, which is currently over 7%. Have not been making any acquisitions lately, so there is no dilution of the stocks. In the Bakken area, which is a higher-priced oil with better access to the US than the heavy crude.

Chart shows a little bit of clustering this year. This one has a little bit more focus on natural gas which is part of the reason why. Chart shows a downward channel from early 2011. You could pick this up at around $35-$36, which is a reasonable valuation. 7.2% dividend is sustainable.

Overall, she feels the debt coverage ratio is still fairly healthy. Thinks they have about 2X debt. Management had come to realize that there was concern, so they are looking to grow organically. Have a number of projects that can increase recoveries in the assets. Lots of inventory for years to come. 7.37% distribution.

(A Top Pick Oct 15/12. Down 4.6%.) About 7.5% yield. Has 10-20 years of growth coming. They were making too many acquisitions and diluting the stock and now they have finally stopped and it looks way better. Still likes it. Thinks it will get to the mid-$40s a year from now.

Very high quality crude oil exposure. Crude oil prices have moved up a bit because of the Syrian situation. Provides a nice yield of about 7%, which she feels this is sustainable.

One thing that would be of concern is the distribution and looking at the amount that takes, subtract out capital expenditures and look at what the cash flow is, there is a bit of a deficit. The question is, how do companies finance that deficit. This company, to a large extent, does it by issuing shares through their DRIP plan. Not a bad place to be.

Dividends are more dependent on cash flow than on earnings in most energy stocks. In this case, the dividend is very well covered. He owns this for his income clients.

Solid. He likes the companies that pay dividends. He would say this is the leader in the Bakken play. With the crisis in the Middle East, he thinks strength in oil and gas companies is coming.

Dividend is sustainable. He thinks there is a political risk built into WTI prices but issues should get alleviated and CPG should benefit. Thinks the dilution is done for now.

Loves this one. Has been under some pressure recently. Have been able to grow quite significantly while being able to pay quite a big dividend. Recently acquired a US asset which will be a big part of their growth trajectory.

In the short term, it is a great hedge against oil flow interruption from the middle east. Thinks that over the next 3-4 years, you are getting paid to wait for the TransCanada (TRP-T) pipeline to be completed. Feels the 7.1% yield is safe. Great story. High $40 in 12 months.

Everybody holds this one for the dividend yield. He has been very bearish on this over the years because they had a lot of shares outstanding, essentially to pay the dividend out. Has gotten a little bit more comfortable with the projects that they have and the cash flows they will be generating. Dividend is probably safe at these levels. Sees other names with a lot more growth potential.

Moved into other names.

Because of the dividend DRIP program, there is not much of the distinct seasonal trend in this company. Looking at the chart, it is starting to roll over a bit. Unless you are pursuing it for an income, he would avoid this sector.