Daily Stock Opinions and Ratings

Opinions

Robert Lauzon Esprit Energy Trust EEE.UN-T BUY Dec 23, 2005

A gas weighted Royalty trust. Has pulled back over the last few months. Likes natural gas and would use this as a buying opportunity. Will probably be taken over in 2006 or 2007.

Robert Lauzon

Owned

Unlock Rating

$13.150

Stock price when the opinion was issued

oil gas

It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.

Get Signals Create your Watchlist

You might be interested:

HOLD

Natural gas focused. Has had a bit of a rough go in terms of operating fundamentals. Natural gas prices have come off substantially. A likely takeover candidate.

TRADE

Heavily into natural gas, and although oil prices have gone up natural gas has declined. Also has more debt, and has some operational problems. 2006 will probably see more mergers and acquisitions.

DON'T BUY

About 70% gas weighted. Over the last two years, they have missed on their production numbers. Because of this, it's not popular in the market.

DON'T BUY

Was a bit disappointing. Thought they had some reasonable assets but they are mostly natural gas with quicker declining assets, so they've had trouble keeping their production numbers up.

BUY

Had some troubles over the last year by having a higher production declining then he liked. Reserve life is over 10 years. Payout ratio is low enough that it does not have to cut distributions.

DON'T BUY

About 74% of its production is in gas. Relatively cheap because a lot of their assets are gas, which has high, declines associated with gas. Possibly a takeover target. 72% payout ratio, which is high.

DON'T BUY

He prefers the $1 billion trusts and this one is too small for him. There is a limited amount of production out of a limited spread of fields. They have had problems.

DON'T BUY

70% of production is natural gas. This company has had a history of production shortfalls and disappointments. Have quite high debt. It may not be a bad time to be buying gas-weighted names but there are a better names of there.

SELL

Merging with Pengrowth Energy (PGF.UN-T). Sold his holdings. Geology in their properties is such that it is difficult for them to hit wells accurately.

SELL

Merging with Pengrowth (PGF.A/PGF.B-T). If you own, continue holding until you get your distribution and then sell. A good alternate choice would be Penn West Energy (PWT.UN-T).

Most Recent Experts

Michael Hakes - CFA, MBA

Murray Wealth Group

Daniel Straus

National Bank Financial

The Panic-Proof Portfolio (Stockchase Research)

Stockchase Premium

The Weekly Buzzing Stocks by Billy Kawasaki

Stockchase

Stan Wong

Private Wealth Management, ScotiaMcleod

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 : hello@stockchase.com.

Robert Lauzon Esprit Energy Trust EEE.UN-T BUY Dec 23, 2005

You might be interested:

Esprit Energy Trust(EEE.UN-T)

Esprit Energy Trust(EEE.UN-T)

Esprit Energy Trust(EEE.UN-T)

Esprit Energy Trust(EEE.UN-T)

Esprit Energy Trust(EEE.UN-T)

Esprit Energy Trust(EEE.UN-T)

Esprit Energy Trust(EEE.UN-T)

Esprit Energy Trust(EEE.UN-T)

Esprit Energy Trust(EEE.UN-T)

Esprit Energy Trust(EEE.UN-T)

Latest Buy Signals

Today's Top Picks

Popular Articles

Latest Sell Signals

Most Recent Experts

Michael Hakes - CFA, MBA

Daniel Straus

The Panic-Proof Portfolio (Stockchase Research)

The Weekly Buzzing Stocks by Billy Kawasaki

Stan Wong