TSE:PMT

Perpetual Energy (PMT.TO)

0.40
-0.01 (2.47%)
as of Nov 4, 2024, 7:42:34 pm Market Open.
27 watching
0
HOLD
Heavily focused on natural gas. Thinks that gas will average around $6.50 in 2010, which bodes well for this company. There are other gas year names that he prefers because they have more of a resource play. (See Top Picks.)
PAST TOP PICK
(A Top Pick Nov 10/08. Down 8.96%.)
PAST TOP PICK
(A Top Pick Nov 10/08. Down 3.6%.) 100% natural gas. Likes the assets and management but doesn't have great expectations for it going forward. If you own, consider Selling.
HOLD
(Market Call Minute.) Has done a few things well with the Profound acquisition but is gas weighted with a short reserve life.
COMMENT
Very gas focused. Starting to work its way back. Has a lot of hedges, which may be why it has done better.
SELL
12.3% yield. Eventually they are going to have to go corporate. He wouldn't want to wait around to see if it was going to be successful or if there were going to be a cut. Looking at the chart, he doesn't think it is going anywhere.
HOLD
This company is pretty much in shallow gas and gas prices have just gone from bad to worse. If things were to deteriorate further, a distribution cut could happen.
PARTIAL BUY
Gas weighted. Well run. Short reserve life is a bit of an issue. Well capitalized. 13.9% distribution is in good shape. Has been slowly adding this one to his portfolio.
WAIT
Almost 90% gas production. Likes their plays and the management team. As a gas producer, it is vulnerable to some softness over the next several months. Buy it on weakness. Distribution could be vulnerable.
TOP PICK
Great way to play longer term upside in natural gas. Have significant hedges on natural gas in the near term. Thinks the 13% distribution is sustainable. Payout ratio of only about 55%. Trading at about 3X cash flow.
COMMENT
(Market Call Minute.) A gassy related trust. If you have a patient long-term time horizon, buy.
HOLD
(Market Call Minute.) At times they hedge and at other times they don't.
TOP PICK
100% natural gas. Relatively high income. 19.2% distribution is about 50-50 vulnerable because of gas prices but he is not expecting it. Production is up a little. Have done well with their hedging program.
PAST TOP PICK
(A Top Pick Aug 22/07. Up 23%.) Great leverage to gas prices and had recommended when gas prices were depressed. Recently sold his holdings.
TOP PICK
100% gas. Short reserve life index. Balance sheet is OK but not great. Asset base decline rate is between 16 and low 20’s while reserve life index has a 27% decline rate. 14.75% yield. (Betting on short duration over no distribution.)
Showing 31 to 45 of 129 entries