Whitecap Resources (WCP-T)

Loves these energy names at this point in the cycle. Yield of 7-8%.

If you assume oil prices go up, and assume they all execute well, which is the buy right now? He likes the upfront dividend. VRN is cheapest on price and financial metrics. Production outlook posted a few days ago is quite positive.

Not sure if the easiest thesis is to buy energy right now with Trump trying to attack the price of oil. But within the group, VRN is a name that works pretty well.

A big fan of management. A top energy company in Canada. Unlike peers, this doesn't need much higher oil prices to maintain its financial heft or dividend. Lots of downside protection. Oil and gas is in seasonal strength now. Pays a good 6.9% dividend.

Good management team has done a good job managing current assets. But assets are mainly light oil with a high decline rate, so they have to keep drilling to keep up. Prefers longer reserve life and lower decline rate. Excellent job with oil recovery. Dividend safe at current oil prices. Too risky for her clients, but if you're OK with that keep holding.

See her Top Picks.

Pretty balanced between oil and natural gas. Really well run, paid down debt. Good opportunities to do tuck-in acquisitions in Western Canada. Because of new pipeline that's come on, benefited from narrowing of WTI-WCS spread. Production grows ~5% a year. More torque than the bigger players. Very nice 7% yield.

Good, diversified portfolio of light-oil properties, which are always in demand. Great positions in Alberta and elsewhere. Fairly good last quarter. Well managed, consistent. Good dividend, with a good chance that it can expand. Fairly inexpensive relative to some others.

Pretty healthy yield of 6.9%, which is why most investors own it. Good exposure to economic wells in the Duvernay. You need a catalyst for investors to see your company in a different light. Daring to dream that oil gets to $80 in a year and a bit, share price should be ~$15.25.

Believes energy is due for strength. Very good management team with high quality assets. Current share price presenting value for investors. Good at execution between drilling and M&A. Would recommend as a good long term investment. Dividend is also very safe for income oriented investors. CEO also has a lot of insider ownership. 

Owns shares in income fund. ~7% yield which is very sustainable. Strong management team. Dividend takes up portion of cash flow, but at $70 very strong. Not too affected by weak natural gas prices - majority is oil production. 

Likes it, but can't own everything. Ongoing M&A concern, as management really likes to do deals which requires debt, creating an overhang on the stock. Q2 was exceptional, higher production and lower capex. Good results in Duvernay with incredibly economic wells. 

13-15% free cashflow yield. Yield is 7%, very sustainable. 

Loves both, and recently put money into both.

Concern that it's going to be active in M&A, which creates an overhang on the stock, so it's not appealing. Recently sold mid-stream assets, will use proceeds for share buybacks.

Very good dividend that is safe. Production and earnings continue to beat expectation. Capex unchanged (good for business). Company valuation very fair (in line with peers). Strong management team with quality assets. Expecting further stock buybacks and maybe a dividend raise. 

This was another question on which company she prefers.. They are both doing well. Her company owns CNQ which has a very good, conservative management team and good assets. It buys assets at rock bottom prices and has a good mix. They can now pay back 100% of free cash flow to investors. WCP is light oil which has a higher decline rate but the management team is doing well making the wells last longer.

Really well run. Really solid. If he were in the space, it's one of the better names to be in. For him right now, he sees commodity potential in uranium, fertilizer, and copper. Not oil.