CCS Income Trust (CCR.UN.TO)

TOP PICK
Waste management services to energy/industrial companies. Undervalued.
TOP PICK
Provides waste management services to the energy and industrial sectors. Growth oriented. Very active in reinvesting cash flow back into the business. Low payout ratio. Expanding into the US. Looking for 15% growth.
BUY
Treat the waste oil and clean up oil drilling sites.
PAST TOP PICK
(A Top Pick Mar 10/06. Down 6.5%.) Great company. Would be one of his best oil service insurers in his portfolio.
BUY
Waste management for the oil industry. A growth and income story. Yield is low at 4/5% but the company has been growing at 10% a year.
TOP PICK
Specializes in oil field waste treatment and well servicing. Growing at double-digit rates. Good management team. Payout ratio is only 50% so this could give increased in the near future. More defensive in nature.
TOP PICK
This is a defensive manoeuvre over the next little while. This is a service company that services rigs which continues even if the times get slower. Also involved in oilfield waste treatment that is more oil than natural gas so hinges more on the oil side of the equation. Payout is only about 50%. Excellent growth rate.
TOP PICK
In the environmental clean up business. No real major competition in Canada. Has recently gone into the US where competition is limited. Yield of about 4.5%.
TOP PICK
Pays about 5%. A very defensive oriented service company. Operates as an oil waste treatment facility. Operates disposal services. Has rigs that service wells after their producing. Excellent management. Should continue to grow.
BUY
Looking at both this and Newalta (NAL.UN-T) and even though Newalta yields more, he is leaning more to this one because of the potential growth. They are both great companies.
BUY
Own about 60% of the oilfield waste management industry in western Canada. Dominant in their space. Good defensive play in the oil/gas sector. Make good acquisitions on an accretive basis.
HOLD
Very good income trust. Operate abandoned salt domes under the western sedimentary basin for storage of wastes from oil/gas drilling. Acquired a number of businesses which have integrated quite well but going forward there will be slower patterns of growth.
TOP PICK
One of the better performers in the oil services group. Involved in the oilfield waste treatment. Have about a 55% market share. Great growth record organically and by acquisition. 40% payout ratio. Low debt level.
TOP PICK
A more defensive way to play the oil sector as an income trust. Works in the oil service waste management. Also starting to grow in the US. Good organic growth.
TOP PICK
CCS Income Trust is a larger service company involved in the oil field waste management business. Dominant market share in Canada-60% market share in Canada. More industrial waste type of business in the US. This guest likes that the business is based on production as opposed to drilling. Low pay out and low yield. But the growth has been great.
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