Whitecap Resources (WCP-T)

Top mid-cap name, high dividend yield, aggressive product growth. Ramping up production, which will offer strong FCF. But capital spending is rising as a result. Scores 10/10 on value, 8/10 on fundamentals. Analysts seeing potential upside of 47%. Healthy dividend of ~8%.

M&A activity is not his sweet spot. When Eric Nuttall's on next, ask him; he can unlock the growth story for you. Larry's much more of a trader.

Has looked at this for a long time. Started a new position due to selloff on the merger with VRN. Really likes Canadian oil & gas long term, tariffs notwithstanding. 

Fly in the ointment is our new prime minister, Mr. Carney, who continues to be anti-oil and -gas. Paradoxical to him, given Canada's absolutely superb endowment of oil & gas resources and related technology. Perplexing that political leadership of Canada doesn't understand the energy patch business case when we have lots to sell to lots of willing partners.

Here, he can look at support on the chart and know that it's real because we know about tariffs and the merger with VRN. He needs a bounce off support; if it doesn't bounce, and goes below support, then you have a problem and don't want to own. If it does bounce, then you have a target of between $11-12.

Concerns about tariffs are already built into the price, and that's why it's down.

Owns shares personally. Excellent company with very strong management team. Very good assets with safe dividend. Capital discipline within the sector has been very strong. 

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.