Suncor Energy Inc (SU-T)

Good upside potential, nice yield, strong balance sheet. Oil demand isn't going away, despite ESG, making oil availability more difficult. With the Trans Mountain expansion, spread between WTI and WCS is closing, bullish for Canadian oil companies. Yield is 5.14%.

He's in trading and defense mode. Great company. Has come down to a probable support point. Time to start accumulating positions. Probably oversold and ready to bounce, and if it doesn't, he only has a 2% position and the company is a big cap, well known name. Yield is 5.29%.

It has struggled over the years. It has great assets but they have had difficulty in the execution of operations. The new CEO is putting the emphasis on the work culture and streamlining operations. It is trading at a discount to its peers and pays a good dividend.

Very high quality. Headwinds of safety and production issues. New CEO seems to be a good move. Lots of free cashflow. Increasing impressive dividend, now about 5%. Paying down debt, so balance sheet is strong. Growth strategy in place. Underperformed YTD, but will catch up longer term. Good buy here.

Currently underweight in oil and gas. Commodity producers are slaves to the one thing they can't control, the price of the commodity. Somewhat insulated from the commodity price. Great company, financially strong. His pick is CNQ.

Owns shares in portfolio.
Currently the sector is under valued.
Very strong reserve base.
Good management. 
Safe dividend yield around 4%.
Would recommend buying. 

Owns some shares in holdings.
Health and safety improvements will help the company.
Highest payout in any Canadian company (dividends and share buybacks).
Strong balance sheet. 
Expecting a 100% return on share price.

He wouldn't like to see the company split up. Aggressive US managers are pushing for change. Extremely inexpensive. Continues to recommend. Yield nearly 5%.

Investors have collectively decided that the banking crisis will cause a hard landing recession and thus a drop in oil demand. 
It is certainly one possibility, but it is also possible that it doesn't. 
Valuations look good for investors willing to look beyond a few months.  
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He has a significant position in SU. Energy prices will continue strong for a protracted time. Energy sector will continue to do well.

As with CNQ it has great long life assets and generates good cash flow. There is not a lot of new supply coming in and we should see some pickup in drilling in the U.S. over the next year.

New CEO an outsider which is good.
Health and safety issues improving.
Concerns on longevity of assets.
4-5 turn around on company prospects.
Current share price presenting a buying opportunity for long term shareholders.

Pretty positive quarterly results, as people were expecting. Three clouds overhanging: safety, CEO still be be named, Fort Hills cost profile. It's one of the 3 energy names he'd use. He follows SU, CNQ, and EOG quite closely. These energy companies are gushing cashflow now.