Stockchase Opinions

Josef Schachter Profound Energy Inc. PFX-T TOP PICK Apr 04, 2008

Natural gas. Doing about 3500 BOE's a day. Just did an acquisition of Defiant Resources (DFR-T). With exploration and the acquisition, they should do 4500 BOE's a day by the end of the year. That should give about $1.50 in annualized cash flow making it about 2.5X cash flow and it deserves way more than that.
$3.660

Stock price when the opinion was issued

oil gas
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TOP PICK
Doing about 2300 BOE's and think they will average 3600 in 2008, exiting at over 4000. The NAV is about $450. Good management team. Could be a very important name over the next 2 and 3 years in terms of the western basin.
BUY
Great management team with a good track record. Just acquired some companies so they are building up their asset base. From a multiple of cash flow and NAV, they're cheap.
BUY
Very conservative management. Valuation is compelling. Have a great suite of West 5 natural gas liquids rich assets.
TOP PICK
Produces roughly 3400 barrels a day, about 70% gas. Good management.
HOLD
Solid management team. Little more room to move.
BUY
(Market Call Minute.) Bargain. Run by a fabulous team. New quarterly numbers beat his estimation.
COMMENT
Sold her holdings in the last 2 months. Looking for stocks were she could see some growth and potential upside in the next year. Balance sheet is a bit heavy. Assets are great and management team is first class.
PAST TOP PICK
(A Top Pick April 4/08. Down 64.5%.) Being acquired by Paramount Trust (PMT.UN-T) so he sold his holdings.
PAST TOP PICK
(Top Pick Apr 4/08 Down 64.75%) Took profits after it was taken over.