Summer Sale

50% off Premium Yearly

00days
00hrs
00mins
00secs

Canadian Oil Sands (COS.TO)

STRONG BUY
Of the big Canadian oil companies, this is the cheapest. Expect them to continue to have good earnings.
COMMENT
An okay company, but prefers Cenovus (CVE-T). Oil sands is a great asset and will continue to be so but the trouble is that it is in partnership with a bunch of people and much more difficult running a company through committees as opposed to a pure play.
TOP PICK
Had a pretty good run from December. Would like to see it hold at this level. Just upped their dividend from $0.20 to $0.30. Just broke out of a cluster area that formed in 2009 and 2010. Doesn’t see much resistance until $55. Good risk/reward.
PAST TOP PICK
(Top Pick Apr 16/10, Up 13.02%) Would have hoped for a little more, but they had a dividend cut. It’s very attractive right now. Highest leverage to oil of any of the equities he follows. You want to hold this if you think oil is going higher, as he does.
HOLD
Tar sands stories have done beautifully. If you own, stay with it.
HOLD
Really got nailed when they cut the dividend. With oil prices where they are, he is not interested in buying more oil companies until there is a pull back. Great possibility that this company will raise its dividend with oil above $80 a barrel. Can’t see great upside in the medium or short term but for the long term this is one you can hold.
COMMENT
Canadian Oil Sands (COS-T) or Canadian Natural Resources (CNQ-T) for a 21 year old and which has the greatest growth potential? Although Cdn Oil Sands is the purer oil sands play, for over all growth potential you would have to go with CNQ. They have more growth potential in oil sands but also have other areas oh heavy and light oil as well as natural gas. (See Top Picks.)
PAST TOP PICK
(A Top Pick Feb 1/10. Up 24.56%.) Still likes and is still a Buy.
PAST TOP PICK
(Top Pick Mar 5/10, Up 21.05) They slashed the distribution and it really hurt. Now is attractive to hold because of leverage to oil. You might see a raise in the distribution. This is a fair valuation right here. You could wait and see if oil pulls back and this will slide right back in order to buy.
DON'T BUY
It is playing catch-up with its piers. Would be careful buying oil stocks right here. Not sure if oil is worth $97 a barrel. Prefers SU and CNQ with much better growth profiles but wait for a correction.
BUY
Technically has been in a trading range of about $27-$30. Now starting to rise which is a favourable trend and should go to $34-$35 from here. Good seasonal and fundamental trends.
BUY
On the oil sands, price of production will go down. Initial costs of building the plants are their biggest expense but after that costs decrease.
DON'T BUY
CapX requirement in the Syncrude project was going up so needed to decrease distributions by a significant amount so now has a low yield. Cut was more sever than the street expected. There are better energy names with better yields and better growth.
PAST TOP PICK
(A Top Pick Feb 1/10. Up 6.48%.) Based on what the Chinese paid for oil sands properties this should be 50% higher. Strong Buy.
TOP PICK
(A Top Pick Jan 28/10. Up 1.83%.) Was surprised by how much they cut the dividend. Announced they have some major capital spending and basing it on $75-$80 oil. Expects the dividend won’t go down as much as they said.
Showing 196 to 210 of 762 entries