Pengrowth Energy Trust (US) (PGH)

BUY
Well managed. Good distributions.
TOP PICK
Good assets. Likes the gas play on the east coast. Nice distribution. Very cheap.
DON'T BUY
Have to see oil agreements (OPEC, etc.) firm up. Recently into natural gas. Long reserve life. Well managed.
BUY
Oil/gas is low. Now is the time to buy.
BUY
An experienced management. A good holding.
WEAK BUY
Good quality name. Good mngmnt.
DON'T BUY
Into Sable Island Energy project, which is a very good asset. It has a RLI of 25 yrs. Will need a lot of money to finance it.
BUY
Good long term track record.
DON'T BUY
Well managed. Good asset base. Would like to know how they will fund their new east coast acquisition.
TOP PICK
Has very solid assets in west and Sable Island.
BUY
Sable Island purchase was good. Good long term prospects.
BUY
Recently acquired holdings in Sable Island natural gas fields.
BUY
Can be cyclical. Good long term.
DON'T BUY
Good reserve life/mngmnt. Trades at a huge premium to net asset value, so its expensive. Not his first choice.
BUY
High yield. Interesting investment. Good for people wanting income.
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