TSE:BNE
1.46
0.07
(5.04%)
Analysis and Opinions about BNE-T
Signal
Opinion
Expert
PAST TOP PICK
PAST TOP PICK
April 30, 2007
(A Top Pick July 10/06. Down 14.6%.) One of the worst royalty trusts in terms of performance, but ironically one of the best in terms of metrics. Still a Buy.
Show full opinionHide full opinion
(A Top Pick July 10/06. Down 14.6%.) One of the worst royalty trusts in terms of performance, but ironically one of the best in terms of metrics. Still a Buy.
PAST TOP PICK
PAST TOP PICK
March 27, 2007
(A Top Pick June 28/06. Down 15.4%.) Got slaughtered with the government’s stand on trusts. Long reserve life.
Show full opinionHide full opinion(A Top Pick June 28/06. Down 15.4%.) Got slaughtered with the government’s stand on trusts. Long reserve life.
PAST TOP PICK
PAST TOP PICK
November 16, 2006
(A Top Pick June 28/06. Down 10.8%.) Because it’s a little bit small, it might be a little negative as it will be hard to see how they can acquire and grow much beyond where they are.
Show full opinionHide full opinion(A Top Pick June 28/06. Down 10.8%.) Because it’s a little bit small, it might be a little negative as it will be hard to see how they can acquire and grow much beyond where they are.
BUY
BUY
July 28, 2006
Expensive, but expensive because it has good assets.
Show full opinionHide full opinionExpensive, but expensive because it has good assets.
TOP PICK
TOP PICK
July 10, 2006
Pays 8.5%. In declining rate is about 5% compared to the industry average of 22%. To maintain its production, it is spending about 22/23% of its cash flow versus 65% for the industry.
Show full opinionHide full opinionPays 8.5%. In declining rate is about 5% compared to the industry average of 22%. To maintain its production, it is spending about 22/23% of its cash flow versus 65% for the industry.
TOP PICK
TOP PICK
June 28, 2006
One of the smaller names. They are depleting their resource base at only 5/7% per year. The industry average is 22%. The replacement cost for the incremental barrel is 22% of available cash flow versus an average of 67%.
Show full opinionHide full opinionOne of the smaller names. They are depleting their resource base at only 5/7% per year. The industry average is 22%. The replacement cost for the incremental barrel is 22% of available cash flow versus an average of 67%.
HOLD
HOLD
July 30, 2004
Likes the trusts that hold back a lot of their cash and can grow by the drill bit and increase their production. Their growth is my acquisition which can be very expensive.
Show full opinionHide full opinionLikes the trusts that hold back a lot of their cash and can grow by the drill bit and increase their production. Their growth is my acquisition which can be very expensive.
DON'T BUY
DON'T BUY
June 25, 2004
Pretty fully priced. Has some very interesting assets. Good management team.
Show full opinionHide full opinionPretty fully priced. Has some very interesting assets. Good management team.
WAIT
WAIT
April 5, 2004
A relatively long reserve life. Wants to see a good a few good quarters under its belt.
Show full opinionHide full opinionA relatively long reserve life. Wants to see a good a few good quarters under its belt.
SELL
SELL
December 11, 2003
Has had a reasonably good run. Thinks it has pretty well peaked out. Limited liquidity.
Show full opinionHide full opinionHas had a reasonably good run. Thinks it has pretty well peaked out. Limited liquidity.
DON'T BUY
DON'T BUY
August 29, 2002
Doesn't have a big following, so has limited liquidity.
Show full opinionHide full opinionDoesn't have a big following, so has limited liquidity.
PAST TOP PICK
PAST TOP PICK
July 15, 2002
(Was a top pick on Apr 17. Up 4%) Yield of 15%. Loves it.
Show full opinionHide full opinion(Was a top pick on Apr 17. Up 4%) Yield of 15%. Loves it.
PAST TOP PICK
PAST TOP PICK
June 5, 2002
( Was a TOP pick on April 17. Up 5.3%) Still likes. 15% yield.
Show full opinionHide full opinion( Was a TOP pick on April 17. Up 5.3%) Still likes. 15% yield.
TOP PICK
TOP PICK
April 17, 2002
13.3% yield. 12/13 oil revenue life. Good management.
Show full opinionHide full opinion13.3% yield. 12/13 oil revenue life. Good management.
