Focus Energy Trust (FET.UN.TO) Buy, Sell or…

Focus Energy Trust (FET.UN.TO)

0.00

-0.00 (0.00%)

0 watching

WAIT

If you think gas is going to do well when we get into the winter heating season, this is one that you could pick up. Recently made an acquisition of Profico, Saskatchewan properties, that looked very interesting. A lot of in-fill drilling needs to be done. 74% payout ratio. Add when gas markets are soft.

BUY

Possible merger with Profico Energy. This is one of his favourites in the natural gas area. Likes it and will be buying at some point.

BUY

Recently announced the acquisition of Profico. She is comfortable with this trust. It is one of the survivors in the oil/gas trusts. Low payout ratio. Trading at a reasonable price versus its peers.

TOP PICK

Recently made a strategic acquisition. Have a lot of drilling prospects. Low risk. Tighter gas, so they will produce for a longer period of time. Will produce about 24,000 barrels a day.

BUY

This meets all his criteria on gas oriented trusts.

BUY

(Caller asked about gas weighted trusts that Michael liked.) He tends to be defensive. Has some hedges of 9/$10 over the summer.

BUY

The yield is 11% so meets his criteria. He likes it and owns it, and he's buying more.

HOLD

High-quality asset base. Good management team. Low debt. Volatility in energy prices created a sell off. 75% of focused on the natural gas market. A very sustainable trust model.

Wealthica Track your Stocks in your Watch List

BUY

Good natural gas play. High quality management team. Long reserve life index. Very stable production going forward.

BUY

Likes natural gas. Have liked this company for a long time. Good management. They fully embrace a sustainable model.

DON'T BUY

A gas weighted trust. His problem is that the trust reflects the current spot price, so it is expensive. A great company, but just didn't move in this last gas rally which is odd.

BUY

Prefers companies that are growing by internal growth, such as this one and Arc Energy (AET.UN-T), Ketch (KER.UN-T), Bonavista (BNP.UN-T), Peyto (PEY.UN-T). They pay out less of their cash flow in order to keep and grow their reserve life.

BUY

One of his favourite royalty trusts. 75% weighted in natural gas. Excellent management team. Below average debt. Payout ratio is about 68% versus 75% average for royalty trust sector. Increased its distributions 3 times since inception. At $20, valuations are a bit stretched, but that's what you pay for class "A" management.

BUY

First choices would be Peyto and Focus with Advantage energy third.

BUY

Likes both Focus and Peyto because they are increasing their reserve on a per unit basis. A decent yield. Will hold for the long term. Will grow through the drill bit rather than by acquisition.

Showing 16 to 30 of 41 entries

Most Recent Experts

Brendan Caldwell

Caldwell Securities

Liz Young, Head of investment strategy at SoFi

SoFi

Stephen Weiss, Founder, Short Hills Capital Partners

Short Hills Capital Partners

Joe Terranova

Virtus Investment Partners

Paul Harris, CFA

Harris Douglas Asset Management

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 : [email protected].

Focus Energy Trust (FET.UN.TO)