Daily Stock Opinions and Ratings

Opinions

Dean Orrico Viking Energy Royalty Trust VKR.UN-T WEAK BUY Sep 30, 2005

Just increased distributions. Fundamentals continue to hang in there. Payout ratio has jumped because of their increase in distributions, so you want to keep a close eye on to make sure they are not over paying.

Dean Orrico

Owned

Unlock Rating

$9.790

Stock price when the opinion was issued

investment companies funds

It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.

Get Signals Create your Watchlist

You might be interested:

PAST TOP PICK

(A Top Pick July 4/05. Up 30% plus distributions.) Had a target of $10, so when it came close to that, he took some profits. Has a very good payout. A little high on the payout and is in a bit of a downtrend right now. Wouldn't buy right now, but is probably a hold.

SELL

Has agreed to merge with Harvest Energy (HTE.UN-T). Sold his holdings because he thought it was too heavy in oil and for defensive purposes decided to own more natural gas oriented trusts.

BUY

Has announced a merger with Harvest Energy (HTE.UN-T). Will be a very good merger. It will be the 4th largest royalty trust in Canada.

HOLD

Merging with Harvest Energy Trust (THE.UN-T). Because Viking pays out more in distributions, Holders of Harvest Energy will get less in distributions. We'll probably become a better run trust because of the merger. If you own, wait until it gets listed on the exchange and then take some profits, probably in the first quarter.

BUY

Merging with Hardest Energy (HTE.UN-T) giving them a much larger land-base. Management has a great track record in heavy oil. Feel there will be good upside.

HOLD

Merging with Harvest Energy. Right now, bigger is better. With all these trusts, the question is reserve life and the percentage of cash flow that is going out the door in distributions. Would continue holding it until after the merger.

HOLD

This one is merging with Harvest Energy (HTE.UN-T). The combined trust will be attractive to large institutional investors which will create an improved valuation. It is possible they could get a US listing that would improve the valuation. On Mergers, there is always integration risks but in 6/9 months, it will be a good trust.

HOLD

In the process of being merged into a larger trust.

DON'T BUY

Would look at Bonavista Energy (BNP.UN-T), Trilogy Energy (TET.UN-T) and other names before he would recommend this. Reduced its payout by 21%. Has an increasing percentage of heavy oil and a declining reserve life.

HOLD

Would rank as a tear 2/3 player. Good quality people are running the trust. Has a lot of heavy oil exposure. Management has good heavy oil experience.

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : hello@stockchase.com.

Dean Orrico Viking Energy Royalty Trust VKR.UN-T WEAK BUY Sep 30, 2005

You might be interested:

Viking Energy Royalty Trust(VKR.UN-T)

Viking Energy Royalty Trust(VKR.UN-T)

Viking Energy Royalty Trust(VKR.UN-T)

Viking Energy Royalty Trust(VKR.UN-T)

Viking Energy Royalty Trust(VKR.UN-T)

Viking Energy Royalty Trust(VKR.UN-T)

Viking Energy Royalty Trust(VKR.UN-T)

Viking Energy Royalty Trust(VKR.UN-T)

Viking Energy Royalty Trust(VKR.UN-T)

Viking Energy Royalty Trust(VKR.UN-T)

Latest Buy Signals

Today's Top Picks

Popular Articles

Latest Sell Signals

Most Recent Experts

Paul Harris, CFA

The Panic-Proof Portfolio (Stockchase Research)

Larry Berman CFA, CMT, CTA

Christine Poole

Stockchase Insights