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Trinidad Energy Services (TDG.UN.TO)

BUY
Really likes this company. Energy prices are going to stay very high for a very long time because of the basic supply/demand characteristics of the world.
TOP PICK
Have 35 rigs and have been building rigs like crazy. It's in a long growth area. Having a little bit of trouble getting parts for their rigs, but thinks that's a transitory thing. They're small enough that they can double their rig count in the next couple of years which wil give them some good growth.
PAST TOP PICK
(A Top Pick Jun 10/05. Up 10%.) Q2 numbers were a little soft in the service industries due to the wet spring and investors are looking past that. Still seeing a lot of high day rates, so expecting big things in the latter half of this year. Thinks there was some profit taking above the $14 level.
WEAK BUY
A very good drilling company. If you are into income trusts as an income producer, this one doesn't really qualify. He owns it as a drilling company, not an income trust.
TOP PICK
(A Top Pick Jun 6/05. Up 15.5%.) Feels the oil service sector is underpriced compared to the price of energy. Also thinks that as the price continues to stay up here, more and more energy copmpanies who have been sitting on cash will be looking at this as a possible acquisition. Well run.
BUY
A very good company. There are rising prices in oil field services. Margins are increasing.
BUY
All oil service companies such as Ensign (ESI-T), Precision (PD-T), Trinidad (TDG.UN-T) and Wellco (WLL.UN-T) are doing extremely well. Had a very wet spring which tied up some of the rigs and could affect the earnings. Yield is relatively low on this one, but it is a good service company.
TOP PICK
One of the biggest drillers in Western Canada. Likes the drilling industry because with the price of oil staying high, oil companies are just now taking all that excess cash and starting to spend it.
BUY
A good way to play the oil sector. This one is a favourite of his.
BUY
Has an aversion to business trusts in general, but he is reconsidering as far as this company goes. It has come up with a lot of pluses. Could be on his watch list before long. They are in a good growth area.
TOP PICK
The preferred way to participate in the price of oil. Gives you access to one of the fastest growing energy service providers. Even in a downturn, with their conservative payout ratio, they will be able to maintain their distributions.
TOP PICK
An oil service company. Raised funds through a new issue and is using the money to build new rigs in Canada and the US. The rigs are pre-sold to major players, so they know what their revenues/costs are ahead of time.
BUY
What's driving the earnings are the strong natural gas prices and the very high decline rates in wells. Making many accretive acquisitions and will probably continue doing so.
TOP PICK
Pays almost 8%. Did a new issue to pay for new drilling rigs they are putting together. 3rd biggest driller in western Canada. Growing quickly. Conservatively run. Booked up for the next 3/5 years. Good management.
WATCH
Spring breakup. 1st qtr likely to be dissapointing. As US dollar depriciates oil will rise.
Showing 76 to 90 of 102 entries