Whitecap Resources (WCP.TO)

(A Top Pick June 12/14. Down 9.95%.) Excellent management. They are hedged pretty well for both this year and next. Debt levels are good relative to their peers. Low payout ratios. He sold most of his holdings last year. This is a fine play to hold.

(A Top Pick Feb 12/15. Down 0.52%.) This is a beautiful dividend payer and really shows how a dividend model should be run. Very well-run company. Have never cut the dividend since inception. They hedged really well this year, which has helped a lot. They also look good for next year as well.

(Top Pick June 9/14, Down 10.03%) He really liked the company. It is now really attractively priced. He would start rebuilding your position.

He likes to have as many sectors represented as possible. These guys have done a little bit better than others. They hardly noticed the melt down last year. Everything is just a little bit better than the average.

This remains one of his more secure dividend paying models. Have done an absolutely brilliant job on the acquisition front. Payout ratio remains very low amongst its peers. They are keeping their costs under control. He likes to add on weakness whenever he can. 5.4% dividend yield.

He doesn’t think OPEC is as much a factor on energy prices anymore. The bigger issue is the shale production in the US. They haven’t really been incentived to pull back that much. This company has a good balance sheet and has shown some decent growth. Also, has a decent yield. He recently added this.

They are doing a great job. Their strategy is around buying lower decline properties and getting more life out of them than larger cap management teams. He has no problem, but the share’s a bit expensive.

He finds oil/gas stocks overvalued. This one offers decent growth and is living within its means. There’s no issue with the dividend.

A light oil weighted company. They have been very acquisitive over the last number of years and have done a very good job of buying assets and extracting value from them. Have a very disciplined program of managing the balance sheet, and have established themselves as the preeminent dividend paying company. Very moderate decline weight as well.

A very careful, consistently executed strategy of buying low decline good formation assets in the right locations. They pay a very good dividend.

Just did an equity raise. It has done very well. A high quality company. Well hedged this year. If oil prices start to move up you won’t have as much leverage with this name.

Great company, management and assets. He exited all his energy relatively early in the fall. Because of its producing assets it has a manageable payout ratio.

An exceptionally well-run company. If you want to own a dividend paying oil/gas company, this is the one to own.

Very strong management team. Even though a new dividend payer in 2012, they have actually been able to increase the dividends 3 times and have never cut it. Even in this environment, where they are facing the biggest test in terms of the commodity downside, they still are not cutting the dividend. They have a free cash flow in the current commodity price environment, which is incredible. Dividend yield of 5.40%.

This can be a core holding that he trades around. He believes in higher oil prices so never go zero weight in this one. A great dividend payer and a low cost producer.