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Daily Stock Opinions and Ratings
Stockchase Opinions

Bill Harris, CFAPetrobank Energy and ResourcesPBG.TODON'T BUYJan 17, 2008

Has done a phenomenal job in light oil assets in Western Canada. The Bakkens play in southern Saskatchewan is the “in” place to be. Incredible volumes coming on. Also have a key position in Petrominerales (PMG-T) in Colombia that just keeps going straight up. Also has a wild-card valuation with their oil sand technology, Thai, which looks like it works but doesn't know, on a full production scale, if it does work. Would love to see it at $25-$30.
Bill Harris, CFABill Harris, CFA
No
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$49.13

Stock price when the opinion was issued

oilgas
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COMMENT

Petrobank Energy and Resources(PBG.TO)

Apr 08, 2022
options action It's hitting 52-week highs. Today sees a buyer of 13,000 of the May 16 call, trading at $15.60, at 29-33 cents. Inexpensive and unusual because they're going out to May while other stocks are shorter term.
Photo of Pete NajarianPete NajarianUnlock Rating
N/A

Stock price when the opinion was issued

oilgas
COMMENT

Petrobank Energy and Resources(PBG.TO)

Jan 03, 2013

Has been rising rapidly from $1+ in the last few days. Management is attempting to create an interesting producer. Drag on it might be their THAI process, which really hasn’t gone commercial but other assets are quite interesting. Good management.

Photo of Michael SmedleyMichael Smedley
No
Unlock Rating
$1.19

Stock price when the opinion was issued

oilgas
DON'T BUY

Petrobank Energy and Resources(PBG.TO)

Nov 30, 2012

(Market Call Minute.) Not interested. Looking at others.

Photo of Jaime CarrascoJaime Carrasco
No
Unlock Rating
$12.31

Stock price when the opinion was issued

oilgas
BUY

Petrobank Energy and Resources(PBG.TO)

Mar 02, 2012
Period of seasonal strength is from the middle of February until the middle of June. It has had a nice little breakout and has kept on going higher. Technically looks very good. Above the 50 and 200 day moving averages.
Photo of Don VialouxDon VialouxUnlock Rating
$0.01

Stock price when the opinion was issued

oilgas
COMMENT

Petrobank Energy and Resources(PBG.TO)

Feb 06, 2012
Owns PetroBakken (PBN-T) along with other holdings. Would prefer this to Petrobakken at this stage.
Photo of Bruce Campbell (1)Bruce Campbell (1)Unlock Rating
$15.29

Stock price when the opinion was issued

oilgas
DON'T BUY

Petrobank Energy and Resources(PBG.TO)

Dec 29, 2011
Not a big fan of this group of companies. They are typically quite aggressive at issuing equity issues to the markets.
Photo of James HodginsJames Hodgins
No
Unlock Rating
$10.60

Stock price when the opinion was issued

oilgas
DON'T BUY

Petrobank Energy and Resources(PBG.TO)

Dec 13, 2011
Has not made a new low and is starting to base. Would look at pieces and not at the company as a whole.
Photo of Bill Harris, CFABill Harris, CFAUnlock Rating
$8.95

Stock price when the opinion was issued

oilgas
DON'T BUY

Petrobank Energy and Resources(PBG.TO)

Oct 21, 2011
Reasonable yield, but not sure if it is sustainable. Some of their operations in South America are not particularly predictable and have high decline rates.
Photo of David CockfieldDavid Cockfield
No
Unlock Rating
$8.21

Stock price when the opinion was issued

oilgas
DON'T BUY

Petrobank Energy and Resources(PBG.TO)

Oct 13, 2011
Used to be an interesting basket of companies. Very high decline rates. Their capital structure is putting pressure on the share price. Some question if the THAI process will work.
Photo of Mason GrangerMason Granger
No
Unlock Rating
$7.80

Stock price when the opinion was issued

oilgas
SELL

Petrobank Energy and Resources(PBG.TO)

Aug 03, 2011
Doesn’t seem to be happening. Done some changes recently. Maybe the Bakken is not working well enough for them. Get Petro Bakken and get the dividend.
Photo of Michael SmedleyMichael Smedley
No
Unlock Rating
$14.37

Stock price when the opinion was issued

oilgas
WEAK BUY

Petrobank Energy and Resources(PBG.TO)

Dec 30, 2010
The remaining shares are probably a buy. It might take a little bit of time to work it out. You should do well in the next 6-12 months.
Photo of Jim HuangJim HuangUnlock Rating
$25.05

Stock price when the opinion was issued

oilgas
COMMENT

Petrobank Energy and Resources(PBG.TO)

Dec 16, 2010
Voting tomorrow on spinning out their portion of Petrminerales (PMG-T). Need to split to give these entities their own autonomy so they can grow independently and the market can focus on them.
Photo of Bill Harris, CFABill Harris, CFA
No
Unlock Rating
$41.23

Stock price when the opinion was issued

oilgas
SELL

Petrobank Energy and Resources(PBG.TO)

Dec 14, 2010
Parent company of several sister companies. They have access to fire flood technology. Initial results are less than stellar. Industry has seen no signs that it works.
Photo of Eric NuttallEric Nuttall
No
Unlock Rating
$41.51

Stock price when the opinion was issued

oilgas
TOP PICK

Petrobank Energy and Resources(PBG.TO)

Dec 03, 2010
Their interest in PetroBakken (PBN-T) and Petrominerales (PMG-T), which is primarily Colombian oil is probably worth $40 plus a share, which is close to the present share price. Rest of the company is 3 projects including THAI projects which are starting to work well.
Photo of John ZechnerJohn Zechner
Owned
Unlock Rating
$43.65

Stock price when the opinion was issued

oilgas
BUY

Petrobank Energy and Resources(PBG.TO)

Nov 26, 2010
Parent of PetroBakken (PBN-T). Of the two he would prefer this. Independent Reserve estimators may give them reserve bookings for their THAI project, which will be a first.
Photo of John StephensonJohn Stephenson
Owned
Unlock Rating
$40.90

Stock price when the opinion was issued

oilgas

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