Petro-Canada (PCA.TO) Buy, Sell or Hold

Petro-Canada (PCA.TO)

0.00

-0.00 (0.00%)

33 watching

WAIT

Despite the fact that we are in a long term bull market for energy, the oil stocks got pretty heated up. We are in a midstream correction in a longer term bull market. This one is a well run business. It's not apparent whether we are done this correction yet. Wait for some strength to come back first.

BUY

The drop in oils has created a bit of a buying opportunity. This one is the cheapest of the integrateds. The big knock on it is that it's conventional oil/gas production in Alberta is dropping, but it should have a lot of growth coming in the next couple of years from its oil sands project.

BUY

In the event that petroleum prices decline, integrateds will hold up better than the pure energy stocks. This one will be making an unbelievable amount of money from their refinery operations. The models on most of the integrateds are based on $50 oil. Good price.

TOP PICK

Would buy at $39.10/39.15. When all the earnings go on the balance sheet, the stock wil be worth $49, a 25% growth.

BUY

In the short term, this stock will fluctuate with the sentiment shift due to the move in price of oil/gas. Longer term it is well positioned as an integrated producer. You might want to take advantage of the severe correction that has taken place in the price of the stock.

WAIT

The cheapest among the majors, but he still prefers Encana (ECA-T), CNQ (CNQ-T) and Talisman (TLM-T). If buying wait for it to start forming a base.

HOLD

Based on his defensive view on the sector in general and looking at oil at $60 as a base, this is an interesting investment because of the cash flow the company will produce. He wouldn't buy, but would hold.

PAST TOP PICK

(Past Top Pick June 16/05. Up 11%.) Still likes. Particularily in comparison to Shell (SHC-T) and Imperial Oil (IMO-T) it is very cheap.

PAST TOP PICK

(A Top Pick July 28/05. Up 1%.) Have some super land in the McKenzie Delta. On a multiple basis, it looks cheaper than Imperial Oil (IMO-T) and Shell (SHC-T).

BUY

Has dropped and is at a good price. A very well positioned integrated oil. Great exposure on the east coast at Terra Nova, White Rose and Hibernia as well as the oil sands. In the next year or so it should be cash flowing between $8.50 and $9 a share.

BUY

Have a lot of things going well for them. Bought back into the oil sands. Have quite a few developments going on. Have sold their Syrian assets which will now allow US investors to buy this stock again.

TOP PICK

An integrated oil company so you get the refining and retailing as well as the production. They also have an interest in the oil sands which is not valued at all in the stock. This is an international production base which is hitting on all cylinders. Has the lowest price to net asset value.

WAIT

Suffering today with the correction in the oil market. Stand back and see how far back it pulls down before buying.

BUY

A fabulous stock to hold. Had a great run this year, but will have an even better run in '06 and '07. Internationally diversified. Good price.

DON'T BUY

Likes their strategy on the international. Has the best growth among the integrateds. Would rank if fairly highly in the oil sector. Can see the price being lower in the next couple of years.

Showing 496 to 510 of 863 entries

Wealthica The ultimate 360° Tracker Your financial life in one place, automatically

Most Recent Experts

Jim Cramer - Mad Money

CNBC

Brian Madden

First Avenue Investment Counsel

The Panic-Proof Portfolio (Stockchase Research)

Stockchase Premium

Darren Sissons

Campbell Lee & Ross

The Weekly Buzzing Stocks by Billy Kawasaki

Stockchase

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].

Petro-Canada (PCA.TO)