Prime West Energy Trust

PWI.UN-T

0.00
0.00 (0.00%)
This company is not ACTIVE.

Analysis and Opinions about PWI.UN-T

Signal
Opinion
Expert
BUY WEAKNESS
BUY WEAKNESS
August 5, 2009
You have to have a 3-year view on this. He would prefer it at $30. Likelihood of increasing dividends.
You have to have a 3-year view on this. He would prefer it at $30. Likelihood of increasing dividends.
Peter Brieger
Chairman & Chief Executive Officer, GlobeInvestment Capital Management
Price
$26.740
Owned
Yes
SELL
SELL
October 5, 2007
Has been the subject of her recent takeover from Abu Dhabi’s Taqa. It is almost trading at the deal price. Holding it for the next couple of months will give you a limited distribution. There is a slight bit of deal risk because of Alberta’s royalty review. He suggests you take your profits and run.
Has been the subject of her recent takeover from Abu Dhabi’s Taqa. It is almost trading at the deal price. Holding it for the next couple of months will give you a limited distribution. There is a slight bit of deal risk because of Alberta’s royalty review. He suggests you take your profits and run.
Adam Thomas
Vice President & Portfolio Manager, Qwest Fund Management
Price
$26.290
Owned
No
COMMENT
COMMENT
September 25, 2007
Abu Dhabi National Energy is acquiring this company, which is a positive. Other trusts could also be targeted. 2 of his favourites Focus Energy (FET.UN-T) and Progress Energy (PGX.UN-T) are possibilities.
Abu Dhabi National Energy is acquiring this company, which is a positive. Other trusts could also be targeted. 2 of his favourites Focus Energy (FET.UN-T) and Progress Energy (PGX.UN-T) are possibilities.
Peter Brieger
Chairman & Chief Executive Officer, GlobeInvestment Capital Management
Price
$26.460
Owned
Unknown
WEAK BUY
WEAK BUY
August 31, 2007
Acquired Shiningbank (SHN.UN-T). Yields are approaching 14%. Wonders about production profile going forward but the acquisition should help. If you are confident on natural gas prices remaining solid, it could be okay. Risk/reward is weak.
Acquired Shiningbank (SHN.UN-T). Yields are approaching 14%. Wonders about production profile going forward but the acquisition should help. If you are confident on natural gas prices remaining solid, it could be okay. Risk/reward is weak.
Michael Sprung
President, Sprung Investment Management
Price
$21.620
Owned
No
COMMENT
COMMENT
August 8, 2007
3 gas-weighted companies that he feels will cut distributions are Trilogy (TET.UN-T), Advantage Energy (AVN.UN-T) and Prime West (PWI.UN-T).
3 gas-weighted companies that he feels will cut distributions are Trilogy (TET.UN-T), Advantage Energy (AVN.UN-T) and Prime West (PWI.UN-T).
John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$20.750
Owned
Unknown
DON'T BUY
DON'T BUY
July 13, 2007
Merged with Shiningbank Energy (SHN.UN-T). Not particularly a great deal and doesn't represent a significant improvement to Primewest at this point. 13% yield.
Merged with Shiningbank Energy (SHN.UN-T). Not particularly a great deal and doesn't represent a significant improvement to Primewest at this point. 13% yield.
Michael Sprung
President, Sprung Investment Management
Price
$23.100
Owned
No
COMMENT
COMMENT
June 15, 2007
No longer own. In evaluating energy income trusts, they ask, what are their reserves, how successful the company and management has been at finding and replacing those reserves, what is the quality of the balance sheet, ie does the company have the ability to survive a downdraft in the future.Likes to see a production profile that's increasing.
No longer own. In evaluating energy income trusts, they ask, what are their reserves, how successful the company and management has been at finding and replacing those reserves, what is the quality of the balance sheet, ie does the company have the ability to survive a downdraft in the future.Likes to see a production profile that's increasing.
Michael Sprung
President, Sprung Investment Management
Price
$23.730
Owned
No
COMMENT
COMMENT
June 11, 2007
You will start to see a lot of these companies struggle.
You will start to see a lot of these companies struggle.
Michele Robitaille
Portfolio Manager, Guardian Capital
Price
$22.720
Owned
Unknown
COMMENT
COMMENT
May 15, 2007
Merging with Shiningbank (SHN.UN-T). This will be an extremely large, gas focused trust. This will give them better economies of scale. Management team is very strong.
Merging with Shiningbank (SHN.UN-T). This will be an extremely large, gas focused trust. This will give them better economies of scale. Management team is very strong.
Jennifer Stevenson
Executive Vice President, Qwest Investment Fund Management Corp.
Price
$22.700
Owned
Unknown
HOLD
HOLD
May 11, 2007
Just announced a merger with Shiningbank (SHN.UN-T).
Just announced a merger with Shiningbank (SHN.UN-T).
Robert Floyd
President, R A Floyd Management
Price
$23.020
Owned
No
DON'T BUY
DON'T BUY
January 5, 2007
Their cash flow is basically royalties collected on production. It is suspected they will not be able to sustain their distributions at current levels. Going forward, he is not sure this is going to be one of the survivors.
Their cash flow is basically royalties collected on production. It is suspected they will not be able to sustain their distributions at current levels. Going forward, he is not sure this is going to be one of the survivors.
Michael Sprung
President, Sprung Investment Management
Price
$20.940
Owned
No
SHORT
SHORT
November 16, 2006
Steep decline and high debt level. If you own sell. If you want a short position, this would be one.
Steep decline and high debt level. If you own sell. If you want a short position, this would be one.
John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$22.780
Owned
Unknown
BUY
BUY
October 23, 2006
Some of the royalty trust that he likes includes Prime West Energy (PWI.UN-T), Precision Drilling (PD.UN-T), Advantage Energy (AVN.UN-T).
Some of the royalty trust that he likes includes Prime West Energy (PWI.UN-T), Precision Drilling (PD.UN-T), Advantage Energy (AVN.UN-T).
Rob Callander
Vice President and Portfolio Manager, Caldwell Securities
Price
$28.380
Owned
Yes
DON'T BUY
DON'T BUY
October 20, 2006
Lowered distributions twice recently. Not one of the higher quality names. Paying out more than he would like to see.
Lowered distributions twice recently. Not one of the higher quality names. Paying out more than he would like to see.
Robert Lauzon
Deputy Chief Investment Officer, Middlefield Capital Corporation
Price
$28.090
Owned
No
WEAK BUY
WEAK BUY
October 5, 2006
Hasn't been one of his favourites. Management is okay. Not that bad, but prefers others.
Hasn't been one of his favourites. Management is okay. Not that bad, but prefers others.
David Cockfield
Managing Director, Northland Wealth Management
Price
$26.640
Owned
No
Showing 1 to 15 of 123 entries