Summer Sale
50% off Premium Yearly
00days
00hrs
00mins
00secs
Opinions Glenn MacNeill, P.Eng.
Petrofund Energy TrustPTF.UN.TOBUYApr 29, 2005
Has been a reasonably good performer, especially over the last Jan/Feb period. Have had a problem of getting their costs too high in the production and G&A side, but these are being reduced.
$17.56
Stock price when the opinion was issued
investment companiesfunds
It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.
You might be interested:
BUY
Made a very astute purchase in buying Ultima to acquire the Wayburn property which gives them positive reserve positions. One of the few companies that has a less than 100% AFFO payout ratio. Well managed.
Sandy McIntyreOwned
investment companiesfunds
DON'T BUY
Owns in an index fund because they have no choice. Has some pretty high costs. Reserve life is around the 10 year mark. Growing by acquisition and prefers the ones growing by internal growth, such as Arc Energy (AET.UN-T), Ketch (KER.UN-T), Bonavista (BNP.UN-T), Focus (FET.UN-T), Peyto (PEY.UN-T). They pay out less of their cash flow in order to keep and grow their reserve life.
Robert LauzonOwned
investment companiesfunds
BUY
