There have been other opportunities that have kept him away. In his to 70% for valuation. Trades at 1.1 book value. The dividend is safe. A good long term hold. Yield 3%.

A previous Top Pick. It had suffered during their sell off process that went no where. They are not subject to the same issues as domestic producers -- getting high netbacks based on Brent oil prices. The one knock is that their reserve life is a shorter compared to their peers. He would still look to add to any position. (Analysts’ price target is $30.83)

(A Top Pick Apr 05/18, Down 44%) A bad pick he admits. Commercial print business that tries to drive down costs in their acquisitions. A stretched balance sheet matched with an earnings miss. Trades 6 times cash flow and 7 times PE. The stock is too volatile and the balance sheet is at risk.

(A Top Pick Apr 05/18, Down 19%) He would continue to hold it. It has gotten cheaper. Trades 7 times cash flow. ROE of 28%. The dividend is safe. A recent shareholder activist has been added to their Board. It is cheap. Yield 2.7%

(A Top Pick Apr 05/18, Down 42%) He got stopped out. Crude prices have not rallied, so the stock has not improved. Energy is great value at the moment, but this would not be his first entry back into the space.

Recent earnings resulted in a bit of a sell off. Really cheap valuation and are always growing into their earnings multiples.

Valuation is pretty reasonable. It trades 10.5 times EBITA. Payout ratio of 80%. He will continue to hold it. Yield 5%