EOG Resources Inc (EOG-N)

He's overweight energy, but supply/demand hasn't rewarded him yet. It reported a beat, but shares are up only 1% today and he's disappointed.

Great management. He's been watching it.

A low-cost oil producer that can support their dividend at much-lower oil prices.

The unique thing is their cost profile -- it is very low compared to peers. The trouble for CVE is getting their production out of Canada. That is why he favours pipelines over producers. There is too much commodity price risk, so he would not be a buyer. You might want to consider EOG instead as they do not have pipeline constraints to worry about.

Energy is facing its toughest times. If you are bottom feeding, he might still avoid this sector. The companies that will get through the best will be the ones with their costs under control. CPG is a lower cost producer, but he would prefer someone like EOG -- the lowest cost shale producer. He thinks CPG may require more equity or debt to grow going forward.

His company has this with a $130 US target on it and $145 two years out. He has this as a sector perform, even though it is high volatility because of the oil exposure. Quite a well diversified company with a lot of assets offshore. If you are looking for an international oil play, this is definitely a good choice.

(A Top Pick Nov 27/13. Up 17.98%.) Had a 2 for 1 stock split. Loves this one. It's in the Eagle Ford shale in Texas, a prime area. Saves money on transportation costs because the Gulf is right there.

(Top Pick Aug 19/13, 41.63%) Have some of the best acreage in their plays, growing production by 20% per year. He thinks they will disappoint in the next year.