CONNACHER OIL AND GAS LIMITED (CLC.TO) Buy,…

CONNACHER OIL AND GAS LIMITED (CLC.TO)

0.00

-0.00 (0.00%)

43 watching

SELL

Cutting back at the Great Divide project from 9000 barrels to 5000. Low commodity prices make it difficult for some of these oil sands projects to work. Better names available.

Wealthica Track your Stocks in your Watch List

BUY

Because of low oil prices and high differentials they are probably not making money on a net basis after operating costs, so they cut back production on their 1st phase and delayed the 2nd phase. Still like this one. Great growth profile.

HOLD

(Market Call Minute.) Very good name. Oil sands player but doing things in bite-size chunks and where the commodity is, it is hard to see it going higher

COMMENT

Junior companies are going to have a problem picking up cash in this environment. Would be cautious. With patience and not a large percentage of your portfolio or if you want to average down, it is okay.

HOLD

(Market Call Minute.) Doing a reasonable job but would like to see a little more financial strength.

BUY

Probably a victim of environmental issues or concerns about costs of oil sands projects. They are developing steam-assisted gravity projects at 10,000 barrels a day. Will incrementally add in 10,000 phases so doesn't have cost overrun risks to the same degree. Projects are quite manageable. Fully financed for phase 2. Low risk way to play oil sands production. Extraordinarily cheap. Good long-term hold.

BUY

Recently bought this for the first time in her career. Oil sands focused but also have some conventional production as well as natural gas production. Have been on schedule and within budget.

BUY

Refinery in Montana, oil sands producer and have 14 out of 15 wells on production. Very experienced management team. Not a core position, but something you could buy and will see good value over time.

Wealthica Track your Stocks in your Watch List

TOP PICK

(His 3 picks include one each from industrials, gold and oil.) Has made a base between mid-2006 and mid-2008. Has a very solid upside target of about $6.

COMMENT

An emerging oils sands play. Getting some production from its Great Divide project. Has a refining piece in Montana. It is so prospective in terms of its development and so small. History of oil sands has been cost overruns and operation difficulties. Seasoned management team but not as focused as they could be.

BUY

Heavy oil producer, mainly in the Seal (?) area of Alberta. Growing its production very quickly, which is why its share price is so high. Have a refinery in Montana which is more of a liability at the moment.

PARTIAL BUY

Good name. Did a measured approach to their oil sands development. Have a refining piece in Montana as well as a stake in Petrolifera Petroleum (PDP-T). Wouldn't be his top pick. Until they get further down the road, it's a little early to throw a ton of money at it. Oil sands projects tend to be problem plagued and expensive.

TOP PICK

Had a nice ride in 2005 and the stock needed a pause. The pause lasted 2.5 years and now the stock has broken out again. Buy half your position now and if it pulls back round out the balance.

BUY

A real success story with the development of their Pod 1. Management did a fantastic job bringing that oil sands development into production. Now talking about expanding it up to 12,500 BOE's a day. Looking to revising their reserves and that may give the stock a boost.

WAIT

Loves the results that oil companies are showing right now and is long-term bullish on the price of crude. They've had an incredible run and it's time for them to take a little breather. Wouldn't be surprised to see the spot price fall below $130 for a while before it goes up again.

Showing 106 to 120 of 229 entries

Most Recent Experts

Joe Terranova

Virtus Investment Partners

Stephen Weiss, Founder, Short Hills Capital Partners

Short Hills Capital Partners

Rob Sechan, Managing Partner, New Edge Capital

New Edge Capital

Gordon Reid

GoodReid Investment Counsel

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

CONNACHER OIL AND GAS LIMITED (CLC.TO)