NAV Energy Trust | StockChase
9
NAV Energy Trust (NVG.UN-T)

Last Price Recorded: $8.4200 on 2006-08-15

ON STOCKCHASE SINCE Jan 2005

oil/gas

NAV Energy Trust


Signal Opinion Expert
     

2006-08-11

DON'T BUY
NAV Energy Trust (NVG.UN-T)
There has always been a concern that it is highly concentrated in northern Alberta that has a very limited window when they can drill. High payout ratio.
oil/gas
Garth Jestley

Senior Portfolio Manager, Middlefield Capital

Price: $8.460
Owned: No

2006-04-13

DON'T BUY
NAV Energy Trust (NVG.UN-T)
There are others out there that are better. Has a relatively poor slate of assets.
oil/gas
Glenn MacNeill, P.Eng.

CIO & Sr. Portfolio Manager, Lawrence Asset Management

Price: $8.900
Owned: No

2005-09-02

DON'T BUY
NAV Energy Trust (NVG.UN-T)
Doesn't like that much due to the qualities of the properties. Relatively small trust, but illiquid for the numbers he is buying. Have heard others talk very highly of it.
oil/gas
Glenn MacNeill, P.Eng.

CIO & Sr. Portfolio Manager, Lawrence Asset Management

Price: $9.160
Owned: No

2005-06-03

DON'T BUY
NAV Energy Trust (NVG.UN-T)
A relatively small cap trust. Its resources are largely in Northern Alberta which has been a tough place in terms of getting services, etc. Has a pretty high debt. 2 to 1 in terms of debt to cash flow. Recent cut in distributions puts it in a more stable pattern.
oil/gas
Garth Jestley

Senior Portfolio Manager, Middlefield Capital

Price: $7.610
Owned: No

2005-05-20

DON'T BUY
NAV Energy Trust (NVG.UN-T)
Have recently cut its distributions. Market didn't see it coming. Had higher debt level and more production difficulties than its peers.
oil/gas
Leslie Lundquist

Lead Manager, Jones Heward Investment Counsel

Price: $7.630
Owned: No

2005-05-06

DON'T BUY
NAV Energy Trust (NVG.UN-T)
Was paying $0.15 a month in distribution but are now cutting it back to $0.10 in order to convert to a more sustainable business model. Will be able to retain more of their cash flow in order to spend more on development type drilling and capital programs. Still in the high risk area. Highly leveraged position at 2 X debt to cash flow. Low reserve life index and high decline rate properties. High risk.
oil/gas
Kevin Hall BComm, CFA

Managing Director, Guardian Capital

Price: $7.780
Owned: No

2005-04-29

SELL
NAV Energy Trust (NVG.UN-T)
Has never been a favourite with him. Ended up with a group of properties which were not the best quality. Were paying out more than they could generate on a cash flow basis and as a result they had to cut their cash flow. It should be merged in with a larger one. Too small to be a major player.
oil/gas
Glenn MacNeill, P.Eng.

CIO & Sr. Portfolio Manager, Lawrence Asset Management

Price: $8.280
Owned: No

2005-02-11

DON'T BUY
NAV Energy Trust (NVG.UN-T)
Sees a net "decline" in production over the next 12 months. Yield is about 17%, but with its decline in reserves, there is a real return of only about 6%.
oil/gas
Greg Guichon

Portfolio Manager, Rockwater Asset Management

Price: $10.450
Owned: No

2005-01-14

DON'T BUY
NAV Energy Trust (NVG.UN-T)
Assets are not that great. Reasonably good, competent management. Doesn't get a lot of exposure on the street.
oil/gas
Glenn MacNeill, P.Eng.

CIO & Sr. Portfolio Manager, Lawrence Asset Management

Price: $10.280
Owned: No

Showing 1 to 9 of 9 entries

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