Opinions John Stephenson
UTS EnergyUTS.TOCOMMENTJul 23, 2010
Being acquired by Total (TOT-N). If you own, you should tender, as he doesn't expect there will be another competing offer.
John StephensonUnknown
$3.70
Stock price when the opinion was issued
oilgas
It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.
You might be interested:
BUY
Bottomed out at the end of 08 at around $.80 and took a big jump one day at the beginning of 09. Followed by a very long base and moved up in the latter part of 09. Formed another base early this year. Potential on a short-term basis is $3.50 but will probably be slow. Use a stoploss at around $2.30.
oilgas
COMMENT
On a 5-year view of the oil sands, in the unlikely event the US decides it doesn't like the oil, China will be quite happy to take it. Fort Hills project will be developed in due course but right now Suncor (SU-T) has a few other priorities. First class management and well positioned. Having some luck with exploration.
oilgas
HOLD
Likes the project long-term. Short-term there are a lot of obstacles. They have to be comfortable on a long-term oil price, which they will be, but not quite yet.
Jim HuangOwned
oilgas
COMMENT
Bulk of their assets is tied to the Fort Hills project. Will find out when Suncor (SU-T) and PetroCanada (PCA-T) come together what the plans are for Fort Hills. She expects that #1 on their list will be the completion of Voyager and will be quite some time before they get to developing Fort Hills. Will be dead money for a while.
oilgas
