Good way to play oil exposure.
Quality product for oil bulls.
Good time to buy oil.
Believes oil going to $100.
Challenge with buying US ETFs that participate in MLPs is that they're not favourable to a Canadian investor. Withholding tax of 15-30%. Be very, very careful on the MLPs. If you want gas exposure, think about XEG or ZEO. Most bang for the buck would be the HED, with small cap exposure. Small caps have more operating leverage if you're confident gas prices will rise. HOG is a bit more conservative.
(Past Top Pick Oct.10, 2017, Down 7%) Sold it and immediately also sold XEG, both being Canadian oil ETFs, because he sees no pipelines being built in Canada. The current $50 spread between WCS and WTI is crazy, nuts. Canadian taxpayers are losing money. It's absolute madness.
Play it with puts and calls. It's stuck in a tight range with only one spike above $12 which he doubts it'll crack again soon. This ETF doesn't move enough for him, so he'd rather own the individual oil stocks.
BMO S&P/TSX Oil & Gas ETF is a Canadian stock, trading under the symbol ZEO-T on the Toronto Stock Exchange (ZEO-CT). It is usually referred to as TSX:ZEO or ZEO-T
In the last year, 4 stock analysts published opinions about ZEO-T. 4 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for BMO S&P/TSX Oil & Gas ETF.
BMO S&P/TSX Oil & Gas ETF was recommended as a Top Pick by on . Read the latest stock experts ratings for BMO S&P/TSX Oil & Gas ETF.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
4 stock analysts on Stockchase covered BMO S&P/TSX Oil & Gas ETF In the last year. It is a trending stock that is worth watching.
On 2023-06-09, BMO S&P/TSX Oil & Gas ETF (ZEO-T) stock closed at a price of $59.85.
Energy shares struggling first half of 2023.
Not a good pattern for investors.
Has sold shares.