Craig MacAdam
Daylight Energy Ltd
DAY-T
TOP PICK
Nov 02, 2009
Acquisition of Highpine gave them a 30% weighting in oil. Will be able to take the cash flow from this and reinvest it in natural gas. Also has a lot of conventional acreage but new technology will make these plays a lot more profitable. 11.2% yield should be safe for the next 12 months. When they convert to a corp, dividend will probably go down but will be more than made up for in growth.