Enerplus Corp (ERF.TO)

(A Top Pick October 16/12. Up 17.1%.) This is actually trading a little bit behind its peer group. He got stopped out of it a while ago. If you still own, you should be happy with it.

Have done a good job. Good core areas. Balance sheet is in good shape. The market liked their second-quarter results. Dividend is secure. There might be a slightly better buying opportunity in the next few months if there is a correction. This is a name that you want to own going out to-3 years from now. Will be able to raise their distribution sometime in the future and then the stock could go through $20.

Has been buying in $12-$15 range and even some at $17. Management shakeup. 5-6 times cash flow. 6% yield

Have done a very good job of transitioning their old asset base to a new set of assets, both in the US and Canada. Have been early adopters of new formations and assets. Have protected their balance sheet. A dividend model.

(Market Call Minute.) This gives you exposure to gas as well as oil. Management has done a great job in their Marsalis as well as the Bakken area, so they are increasing the liquids play. They cut distribution and valuation is attractive. Gives you exposure to rising gas prices.

(Market Call Minute.) Building momentum. Cash flow and production is improving. Debt levels are improving also.

Just reduced their dividend payment earlier this year, so now he would view the payment as sustainable. Has had a big move so he would look more towards the cheaper stocks. Yield of 6.7%.

(Market Call Minute) No reason to buy this name.

(Market Call Minute) Struggled with unsustainable dividend and debt load but over last couple of quarters cost controls have improved and it is looking up.

Story They were struggling for quite some time, market hated them, She met with them found that they had excellent valuation and new managment team, a turnaround in the making. Stock went up after they bought, last week.

Hasn’t performed for some time. They pound their chests on their Bakken wells in North Dakota but are paying upwards to $8-$10 million a well. Have a little bit of gas and a little bit of oil. You might want to wait for the tax loss season as the price could go up a little bit in the meantime.

Has been picking away at this one in the $12-$14 range. Cut their dividend to a more sustainable level and have done some asset sales so they are positioned more positively than has been seen in the last 2-3 years. Some oil and some gas production so there is diversification. $15-$16 is probably the right price on this stock in the near-term. Feels the 7% plus dividend is safe.

His company has this as a neutral so he would start switching into something else.

Well managed company and has a decent yield. Doesn’t see anything wrong with it. Yield of about 6%.

He would avoid this one. It is one of those oil/gas positions that has been a weak performer. A lot of people like to buy it for the yield but he doesn’t like laggards. 8% yield.