Gibson Energy (GEI.TO)

All the pipelines went down recently. However, they were all up on a stick and needed to take a breather for a few months. She puts these in with the midstream energy companies that have a high dividend yield and are growing. Because of this, they can accommodate higher interest rates.

This is a beneficiary of the boom in oil/gas production. Have all kinds of different operations in water treatment, disposal and oil field waste management. They are integrated through the industry. Will continue to benefit through cash flow growth. The risk would be if there is a very substantial pullback to the price of crude that would slow the growth of production. He doesn’t see this. 3.3% dividend yield which he expects will grow at 5%-6% a year.

(A Top Pick Sept 19/13. Up 54.78%.) Continue to do very well in their business. Last quarter was great. Definitely getting on the pricey side, but in the energy/infrastructure space, it is one of the cheaper stocks, but also has one of the least recurring guaranteed revenues. A good stock for an active oil market. 3.3% dividend yield.

This and a lot of the midstream companies have done well. It’s just what the market wants, a combination of a little better growth and some yield. Doesn’t think this is repeatable, and is a bit of a problem here. Getting to the point where it is pretty fully valued. If there was a pullback, this is one that would pull back fairly sharply, such as 10%. If you own, consider selling half.

Has done phenomenally well since the IPO in 2011. A little more diversified than some of their peers in that they have terminal businesses, trucking, storage and the Omni Services in the US. Have probably 2 of the most strategic hubs in Edmonton, and a lot of the volumes of crude oil, commodities and NGL’s will go through these 2 hubs. Trades at a pretty good discount to its peers.

A midstream company in the Alberta energy corridor, and do all kinds of things, from moving oil by truck, tankage and pipelines. This area has been a really hot sector. However, with natural gas at such low prices, can this kind of company continue to thrive and continue making that kind of money by providing services? This company seems to be doing a very good job, and certainly bears consideration.

This is cheaper than its peers. Not as high a quality a name as Pembina. You will get paid the dividend, but there is better value elsewhere. He would sell a call.

Great long term hold in general. Valuation is fair. We all know the growth opportunities for energy infrastructure. It should do well in the next 2-5 years.

Good quality company. Since their IPO, they have continued to deliver quarter after quarter and continue to have very strong growth, particularly related to their terminalling. They are building a new rail terminal up around Hardesty that should bode well. Moved into environmental services about a year ago and she likes this a little less than their base business, but seem to be getting good results out of it.

Midstream energy company. This has been a tremendously successful sector. Stocks like this have doubled, partly because their yield have doubled, but also because they are so busy in the energy patch. They don’t have a lot of commodity risks as energy explorers and producers have. Likes this company.

(Top Pick Apr 30/13, 11.05%) Still likes it. Company is very well structured to be North America’s largest company to allow all the movements that were not being connected with the different basins of light and heavy oil. An interesting, diverse company. Good, sustainable dividend that increased twice in the last two years. He has been buying shares at these prices.

(A Top Pick March 22/13. Up 15.73%.) She hasn’t taken any profits. Relative to their competitors, they are reasonably cheap. With higher energy prices in Canada and North America, they have exposure to infrastructure projects and she expects a steady increase in oil/gas related infrastructure build over the next 10 years.

(Top Pick Feb 22/13, Up 11.77%) More on the transportation side so are more like a pipeline. They are filling that demand for shipping. It is more of an energy infrastructure stock.

(A top pick Feb 22/13. Up 11.69%.) Likes management and the production. 4% dividend yield.

3 dividend increases in the last 2.5 years. Doesn’t feel investors have a good appreciation for its 6 businesses. They are a commodity (oil) mid-streamer. Very good at looking at their total payout ratio being less than 100%. Clean balance sheet allows for timely acquisitions and a rising dividend. Good management and good growth rate. Yield of 3.99%.