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Petrobank Energy and Resources (PBG.TO)

SELL
(Market Call Minute.) Doesn't like the energy space.
COMMENT
Trying to build a base. Well below its averages. If the whole sector moves, it should do well. You want to see some volume.
PAST TOP PICK
(A Top Pick Oct 31/07. Down 59.8%.) Looks like it has been thrashed enough. The only issue she has is that you want to own companies that are squeaky clean.
TOP PICK
Diversified in areas that it is exposed to. Very high net backs (basically margins) because of the royalty regime in Saskatchewan. Interesting technology to apply to heavy oil. Also about 75% ownership in Petrominerales (PMG-T), oil producer/free cash flow generator in Colombia and Peru.
PARTIAL BUY
One of the more interesting names in oil. Has Petrominerales (PMG-T), Bakken light oil in Saskatchewan and the Thai process. Thai has been a bit of a disappointment with sand issues, controlling velocity and technical issues. If it works, it's a homerun. 1% or 2% weighting in your portfolio would be preferable.
BUY
(Market Call Minute.) 3 companies in one and essentially you are only paying for 2 parts at any time.
PAST TOP PICK
(A Top Pick Nov 12/07. Down 57%.) Have theThai process and market is not sure if it will work or not. Petrominerales (PMG-T) is down 61%. Also has some Bakken exposure. A potential Buy but there is a ways to go for market recovery.
COMMENT
Thai process has tended to prove beneficial in the water/sand content. Also doing extremely well with Petrominerales (PMG-T) in Colombia. Interesting speculative consideration.
PAST TOP PICK
(A Top Pick Oct 31/07. Down 63%.) Sold when she started turning negative on oils. Don't own any stocks that have question marks hanging over it now. Market is saying “show me” on their Thai technology.
TOP PICK
Oil/gas whose principal producing asset is the Bakken. Producing about 19,000 barrels a day in Saskatchewan. Netbacks are extremely high, some of the highest you can get in Canada. Also have producing assets in Colombia. No matter what happens to oil they have a lot of room to play on netbacks. Market is not giving credit for their oil sands and Thai technology.
PARTIAL BUY
Doesn't think they need to raise money anytime soon. Very well managed and has done good financing in the past. Their subsidiary Petrominerales (PMG-T) just reported great numbers and will be producing 20,000 barrels a day. Anything in the $19-$20 area is great if you have a 2 year timeframe. He has been chipping away.
PAST TOP PICK
(A Top Pick Nov 12/07. Down 53%.) There were 3 legs to this stool. 1) Conventional oil business, which was solid 2) Thai process, which has not materialized to its full-blown capabilities. 3) 76% stake in Petrominerales (PMG-T) in Columbia, which is down quite a bit. If you own, Hold and wait.
COMMENT
Have the Bakken Oil play in Saskatchewan as well as oil sands in Alberta. Also have a 76% interest in Petrominerales (PMG-T) in Colombia. Probably getting there oil sands technology of Thai and Capri for free.
PAST TOP PICK
(A Top Pick Nov 12/07. Down 10%.) Just reported production from their Thai process. Likes it at these levels. One of the best companies in the oil patch.
BUY
The special Thai air injection, which is apparently working. This gives you the oil exposure and it is environmentally friendly. Doesn't own the stock but owns some of its bonds.
Showing 46 to 60 of 189 entries