Enerplus Corp (ERF.TO)

(A Top Pick Nov 15/13. Down 9.25%.) When he thought this was getting a little ahead of itself at $25, he sold half his position. When it got to $20, and he saw the wheels potentially coming off, he sold more. He still has a little bit left. Very good relative to their peers and are very sustainable.

(A Top Pick Oct 2/13. Up 6.62%.) Pays a good yield. Got to $26 and he did do some selling. He would be much closer to buying this as it has a good sustainable dividend. If you own this one Hold.

(A Past Pick Oct 2/13. up 24.7%.) Just suspended the stock dividend program today. It was a sweetener. Management has said this is going to help build shareholder value longer term, which he agrees with. It is going to alienate some shareholders. Sold half his position when the stock was around $26 and has now just sold the rest on the news. Expects more downside, but will probably go back in.

Likes it, but would not add to it at current levels. Well run and has a good game plan. BNP-T and BXE-T and COS-T are preferred.

(Top Pick Aug 15/13, Up 35.18%) It was a turnaround story that was miss-priced. Still likes it. Management refocused them on some assets and have done a good job. Could be a good entry point again.

The long-term chart shows a strong upward trend from early 2013. Now consolidating. Thinks the stock can get to $30. Also pays a pretty nice dividend of 4.5%.

Very bullish on natural gas prices, especially over the medium to longer term. Eventually companies like this will get the benefit of much higher commodity pricing as we start to take our gas and send it to other parts of the world through LNG. This company has done a good job of increasing production. Management has done a good job of turning this business around.

This is a solid name. Management has done an awesome job of deleveraging over the past couple of years and refocusing their drilling efforts. Likes that 50% of their production is US, Bakken and then Marcellus. Marcellus rates have been getting better over time, just as a lot of operators have. Do have some pricing risks, which they have been open about. Thinks that 30%-40% of their gas is exposed to the blowout in the basis differential. He saw the upside in their Bakken acreage. Stock has been trading at it really big discount, but over time that differential has narrowed. Feels the real easy money has been made. As a long-term investor looking for yield, it is a very solid name.

(Top Pick Aug 15/13, Up 52.37%) New management; being more efficient with assets. Still undervalued.

(A Top Pick May 14/13. Up 69.93%.) Just bought more of this last week. It is still not overvalued.

Likes it. Got downgraded by RBC because it has done so well. This is the best reason to downgrade a stock. Their execution is good. There are coming catalysts. He is waiting for it to sell off a little more and then he is going to buy it.

If you are looking for a nice blend of dividends and a bit of growth, this company would be a wise choice. Probably one of the longest income trusts out there, a couple of decades. Nice blend of gas and oil. Still cheap versus its peers and has the potential to give you low double-digit total returns annually over the next couple of years.

Not a cheap stock, but probably deservedly so because they have been executing very well in both Canada and the US. They are also continuing to develop their long-term resource plays. Dividend of 4.5% is sustainable.

Doesn’t know how receptive they would be to increasing the dividend until they are confident higher gas prices are here to stay. It comes down to the durability of the recovery in gas.

Doesn’t think you would do too bad holding this but you might consider selling half of it here and looking at something else such as Suncor (SU-T) or AltaGas (ALA-T). (See Top Picks.)