Bow Valley Energy (BVX.TO) Buy, Sell or Hold

Bow Valley Energy (BVX.TO)

0.00

-0.00 (0.00%)

1 watching

WEAK BUY

This is in the UK North Sea and they had some disappointing progress, but now they seem to be moving along and it looks like production is going to be coming on. Not excited about it, but is paying more attention to it.

Wealthica Track your Stocks in your Watch List

BUY

Doing reasonably well in Canada at about 2,100 BOE's a day. Expected to be 3,000 by the end of 2005. Also have operations in the North Sea with about 4,100 in Q1. Will come off in the 2nd and 3rd quarter, offset by what they do in Canada. At the end of 2005, they will have a lower cost structure in the UK. Will be bringing on new fields in the fall of 2006. Production will grow with no exploration risks.

HOLD

Things are looking better for them according to the analysts that cover them. Looks like they are having some successes in the North Sea.

HOLD

High risk. Has wild catting and production in the North Sea. Potentially very interesting. Under followed. Wouldn't buy now, but is a Hold.

BUY ON WEAKNESS

They are now around 4,000 BOE's a day. They are waiting to get a go ahead from the Norway government and expect approval in July. Hoping for an Oct 06 start in Blain and Enoch. This will add 3,400/4,00 BOE's. This will allow them to really start growing in the UK and generate a lot of cash flow to retire the debt. Buy on weakness and hold for a 2/3 year time frame.

TRADE

Likes because of the European holdings.

DON'T BUY

Largely exposed to the North Sea where most of the big players are working. Very small company to be there and have had some problems. Would have to prove that they are able to manage their growth.

TOP PICK

The company stumbled last year. Their core assets are doing about 950 BOE's a day. New management team on the exploration side is taking them up to 1600 BOE's a day already. Could go up by another 500/1000 BOE's.

Wealthica Track your Stocks in your Watch List

DON'T BUY

Their North Sea results have not been coming through. Have some good holdings and are shooting for some big targets. A high risk situation.

WEAK BUY

Disappointment. Management has done a good job. Patient investor should buy.

WAIT

Had a number of drilling plays that looked very exciting but some of them didn't come through so the stock price dropped substantially. Still some good value. A "show me" stock.

BUY

Drilled some dry wells. Making some good changes. A great buy at this price.

HOLD

Have had some disappointment. Drilling in some good areas.

BUY ON WEAKNESS

A large amount of assets in the North Sea. Has hit some dry holes. Expects new management will turn things around, but will take some time. Good potential capital appreciation.

WATCH

Came up with poor results in their drilling in the North Sea. Have reasonable prospects. Long-term it should be OK, but it depends on their results in the North Sea.

Showing 46 to 60 of 68 entries

Most Recent Experts

Rick Rule

Rule Investment Media

Chris Blumas

at Raymond James Investment Counsel Ltd.

The Panic-Proof Portfolio (Stockchase Research)

Stockchase Premium

The Weekly Buzzing Stocks by Billy Kawasaki

Stockchase

Jim Cramer - Mad Money

CNBC

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : [email protected].

Summer Sale

Bow Valley Energy (BVX.TO)