American investor Cole Smead joins Amber Kanwar to break down why
he's so bullish on Canadian oil stocks. Smead argues that
Canadian energy stocks are some of the best investments in
today's market - even amid fears over a trade war between the
U.S. and Canada. In fact, he suggests now could be the
second-best time in the past two decades to invest in this space.
We dive into why Smead prefers Canadian over U.S. energy stocks,
how tariffs may impact Canadian oil and why he’s not worried and
find out the top 3 Canadian energy names he's buying right now.
Timestamps
For detailed show notes, navigate using the timestamps below:
00:00: Show intro
01:40: Why American investor Cole Smead loves Canadian oil
stocks
4:40: When did Cole start looking at the Canadian energy sector
and why he thinks this is the near best time in the past two
decades to invest in the space
9:50: Why is Cole so bullish on oil stocks when things don't
appear favourable for the sector
14:10: The new sweet spot in this era and why Cole does not like
dividends
17:30: Cole offers his thoughts on why capex spending is not
necessarily the right thing for these companies
20:50: Will M&A heat up and will foreign investors make a
return?
23:20: Cole’s view on U.S. energy stocks vs. Canadian right
now
24:20: Why Cole doesn’t care about tariffs
28:45: What does Mark Carney mean for the Canadian energy
sector?
32:45: In the Money Mailbag: What does Cole think about the
Whitecap-Veren merger?
39:35: Cole’s thoughts on Baytex Energy
42:15: Does Cole like Imperial Oil and would he continue to hold
at these levels?
47:20: Ask the American ‘Eric Nuttall’ what he thinks about
Tamarack Valley Energy?
49:45: Cole’s thoughts on Greenfire Resources since Fairfax
Financial holds a large position
55:00: Would Cole buy the dip in CNQ?
57:30: Is Couche-Tard’s Seven & i deal good for
shareholders?
1:02:40: Cole’s Pro Picks
1:15:50: Coming up & goodbye
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