Fairborne Energy Trust (FEL.UN.TO)

TOP PICK
Gas weighted. Thinks gas prices are going to be fine over the next year or two. Drilling some of the new horizontal multistage fraq wells in Harlech AB and are seeing some early success. The wells are a little more expensive so you need gas prices to stay up.
BUY
(Market Call Minute) You need the gas price to move. You have to have patience.
BUY
Gas weighted. Good name and has decent opportunities to turn the register a little. A lot of little catalyst projects that’s doing some infill drilling. In terms of resource base it has one of the biggest opportunities in the juniors.
HOLD
(Market Call Minute.) Gas production and he is biased against gas.
BUY
Participated in their recent financing. A great part of any natural gas basket.
DON'T BUY
Natural gas has been weak and he is staying away from it. Prefers the pure play oil producers that have the capital to build out their plays. Would prefer something like Crescent Point (CPG-T) or the new Petrobakken that is coming out.
HOLD
(Market Call Minute.) Good name but only a Hold.
DON'T BUY
Natural gas exposure. In the bottom 2% of his database. Unless there is a dramatic improvement in the prices of natural gas, oil and the earnings by the company it is fully discounting any kind of turnaround.
TOP PICK
70% exposure to natural gas. Very reasonably priced. Good land package so they don't need to acquire land. Lots of drilling prospects. Could possibly raise some money, which could hold the stock back.
PAST TOP PICK
(A Top Pick June 16/08. Down 65.55%.) Got out of all his energies in July/08.
PAST TOP PICK
(A Top Pick June 9/08. Down 53.55%.) Mainly natural gas. Small company and higher risks. This is one he would watch. Natural gas will either be stable or bearish.
PAST TOP PICK
(Top Pick Apr 14/08 Down 48.87%) Had some early success. They are expensive wells. Likes the future play potential.
HOLD
(Market Call Minute.) On the fence with this one. If anything he would say “Hold but not Buy”.
BUY
Have a huge spread of land in Harlech Alberta. Drilling for tight gas sand, similar to the Montney. Just drilled their first well at 13,000,000 ft.³ a day. They have 100 sections of land to follow up. Awesome resource potential. Trading at cheap multiples compared to their peers.
BUY
Natural gas. Was trading at 4 or 5 times current cash flow and then they had the very prospective Nordegg resource play and recently had excellent results from the first horizontal well. Stock went up about 20%. This well alone has the prospects of being worth the current stock price. Trading at about 5.5X current cash flow.
Showing 31 to 45 of 90 entries