Brian Acker, CA
Petro-Canada
PCA-T
TOP PICK
Mar 22, 2005
(A Top Pick Jan 18/05. Up 17%.) Keeps showing up on their screens as having very good value. With oils, you never know where the top is, but this company is always there in terms of valuation. Good cheap oil that he thinks is still safe and has room to increase.
Merging with Suncor (SU-T). The reason to buy either is that they have a production profile that could grow dramatically. If you are positive on energy over the next little while, it makes a ton of sense to have a senior company like this.
Merger with Suncor (SU-T) is pretty much a done deal. Doesn't think this will go any higher so he would sell and pick up more Suncor, which is in the penalty box right now.
Merger with Suncor (SU-T) makes all the sense in the world. Very good combination. You get the oil sands along with a cash flow that will come from their more conventional assets.
(A Top Pick Oct 16/08. Up 107%.) (Now Suncor (SU-T)) A dominant player. Well diversified across gas, oil, oil sands, upstream, downstream. Will be the bellwether stock in the oil/gas industry.