Stockchase Opinions

Bruce Campbell (1) Provident Energy Ltd PVE-T COMMENT Jan 03, 2012

A kind of hybrid facility type company that has sold off production. He owns the convertible debenture, which is a safer way and still has pretty good yield. Good way to get some yield and have protection in case anything happens.
$9.930

Stock price when the opinion was issued

oil gas
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TOP PICK
Has run up less than its competition Keyera (KEY-T), Inter Pipe (IPL.UN-T) and Altagas (ALA-T). In the frac spread area so benefits from that. Is amongst the lowest payout ratios in the group so are equipped to raise their dividend. 100% midstream now.
HOLD
Extreme company that focuses on infrastructure. Have a great development pipeline, which they can potentially expand their services. Confident that they will be able to increase their dividends in the next 12-18 months. Valuations in this sector are getting a little bit stretched.
HOLD
Mid-streamer. Takes the liquids out of the gas stream and sells it at a price closer to oil. Earnings are kind of at the top of it's cycle. A Hold not a Buy but he likes the name. Yield of 5.6%.
TOP PICK
Thinks it is the bargain interpipe. Has been buying for quite some time. 40% of cash flow from frack spreads. They will stay terrific. Nat Gas will not make a comeback this year. 10% gain plus dividend in this stock.
WEAK BUY
A great company and business, and he likes the space. It is a mid-stream play on oil. It should do quite well here. There is good strong growth in cash flow and a relatively low payout ratio. Caution would be that the space has had a good run.
BUY
Being acquired by Pembina Pipeline (PPL-T) in a couple of weeks. Might be a very smart strategy to buy into this one now as a way of getting into Pembina. You get a little bit of accretion when it is taken over. Good defensive name with midstream assets.
PAST TOP PICK
(Top Pick May 16, 2011, Up 53.45%) He took the share exchange. It’s his third largest position.
PAST TOP PICK

(A Top Pick Jan 4/12. Up 24.24%.) Acquired by Pembina (PPL-T), which he still holds.

PAST TOP PICK

(Top Pick Nov 8/11, Up 36.97%) No longer exists. She would have kept the shares in the settlement.