herve villachaeze

CANROYs Remain Attractive as Oil-Related Investments

The 3 CanRoys I own are PWE, PVX and ERF. Great dividend yields and hoping for growth in the stock prices. I would add to ERF south of 38, PVX south of 10, and PWE south of 27.

CANROYs Remain Attractive as Oil-Related Investments

Jack I don't see Enerplus (ERF) in your recommended basket - are you still recommending ERF? I'm looking to add to my position south of 38, your thoughts?

CANROYs Remain Attractive as Oil-Related Investments

Thanks Jack, I guess I assumed it was not a "blowout" since the stock has declined, but apparently there's no correlation, since all the other oils have dropped too. I'm impressed by ERF here, seems well-managed. Low debt levels and an increase in their payout. Juicy 15% divy as well.

CANROYs Remain Attractive as Oil-Related Investments

Jack, in June you said if oil stayed above $120 that PWE would have a blowout quarter. Oil did average over $120, but PWE did not deliver a good quarter. Can you provide some insight and analysis into PWE’s results, and discuss specifically why they did not make the numbers you were expecting? Thanks.