He sold it along with all his oil Canadian stocks last year. Dividend is safe. Good operators. They're dependent on Alberta oil and WCS, which will suffer a low price for a while.

A year ago this stock looked very low and the commodity price was low, however, the companies in this sector were still making money.  He thinks there will be good returns in the sector, but he prefers more torque with companies that will benefit from tighter heavy oil differentials.  

Canadian light oil producers have been abandoned by investors in general.  He sees safer ways to play the energy space.  He wonders if the dividend might be at risk as the company may need to put capital elsewhere.  Yield 8%.  

Bought an American company a year ago and levered up to do so.  They did a big stock issue, and the market hated it.  So have been in the dog house for a year.  Dividend is secure and they are pretty well hedged, so should see good cash flow this year.    Not a lot of money flowing into the smaller to mid size energy companies. Yield is 8%.

(A Top Pick August 17/17 Up 32%)   They thought the dividend was secure when it yielded 10%.  He sold out of their position after the rally into May and diversified the money into international energy holdings to avoid Canada’s infrastructure issues.

He's been underweight energy for a long time. CJ just bought Devon Energy in the U.S., loading the balance sheet do do it. He's been averaging down on this stock and would still buy it. Buy this if you think oil will hold at current prices or rise. Pays a 7.6% dividend, which is safe. He sees lots of upside. (Analysts' price target: $6.73)

(A Top Pick Aug 10/17, Up 47%)  It had peak pessimism last August.  His view was that crude oil was going to move higher, which it did.  It is still generally good value here.  It could give you 15-20% more.