Western Oil Sands Inc. (WTO.TO) Buy, Sell or…

Western Oil Sands Inc. (WTO.TO)

0.00

-0.00 (0.00%)

1 watching

DON'T BUY

Involved in the Athabaskan Tar Sands with Shell (SHC-T) as a partner (60%). Shell has just raised their overrun costs to $7 billion. At the same time, this company has raised it's output forcast. The whole oil sands area is getting a little frothy with speculation on further takeovers.

WAIT

In the short term, it is awfully overpriced. Have had some operational problems. On a 3/4 year outlook, it's probably a great buy. Prefers short term prospects at this time.

DON'T BUY

Has a negative rate of change in ROE right now. Doesn't rank well in his work.

BUY

Western Oil Sands (WTO-T), Suncor (SU-T) and Canadian Oil Sands (COS.UN-T) are excellent core holdings for any portfolio. Where we are going in energy in Canada is more and more to unconventional oil/gas, the oil sands. No exploratory risks. Relativey inexpensive on a valuation basis compared to its peers. Trades at about a 20% discount on a forward basis. Recommends it for a long term investment.

BUY

Oil will be a long term investment and you'll probably be just fine with it. Good quality assets.

DON'T BUY

Feels there's a bit of a top being built in these things. You should look at the price of crude. Will there be a rally at the old high? Wait to see if the trend line breaks through the old high. Suspects that it won't because 1) interest rates may have gone too far too fast 2) the price of crude is looking a little bit suspicious.

BUY

Loves the oil sands. You can own any one of these companies such as Suncor (SU-T), Canadian Oil Sands (COS.UN-T), etc. A long term issue.

BUY

Likes as he thinks the whole oil sands project is going to boom. Oil prices are going to remain high over the long term. Oil will probably settle in at the low $40's for the next couple of months.

BUY

Feels that Western Oil Sands is better value with more upside over the next couple of years than Suncor (SU-T). He assesses by looking at the growth opportunites and discounting back.

BUY ON WEAKNESS

Would be comfortable buying today rather than playing the seasonal aspect. A good company and very well positioned. Weakness today is the result of lower oil prices. In a very volatile energy market at this time. Pick a price on the stocks you really like and let the volatility hit your bid from time to time and accumulate.

BUY

Oil sands stocks are very sensitive to the price of oil. Stocks in the oil sands have done exceptionally well.

BUY ON WEAKNESS

Prefers CNQ (CNQ-T) which had a 10% difference between the high and the low for the day which is ridiculous. Western Oil Sands being smaller will have even more volatility. Best to pick a price that you want and wait for that price. Don't chase it.

BUY

His #1 pick in the Canadian oil sands.

HOLD

Q: What signs do you look for to see when the correction in the energy sector is over? A: The Canadian oil sands is a strategic investment that every Canadian should have. Would wait for the oil stocks to start outperforming the move in the price of oil. Look for it to trade above a previous high.

BUY ON WEAKNESS

The drop may be a reasonable buying opportunity. Doesn't expect oil prices and values to fall significantly more. For short term, would wait a bit, but long term holds, this is a good entry level. One of the premier names. Prefers Suncor (SU-T).

Showing 61 to 75 of 107 entries

Most Recent Experts

Joe Terranova

Virtus Investment Partners

Stephen Weiss, Founder, Short Hills Capital Partners

Short Hills Capital Partners

Rob Sechan, Managing Partner, New Edge Capital

New Edge Capital

Gordon Reid

GoodReid Investment Counsel

Jim Cramer - Mad Money

CNBC

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 : [email protected].

Summer Sale

Western Oil Sands Inc. (WTO.TO)