Phoenix Energy Services

PHX-T

Analysis and Opinions about PHX-T

Signal
Opinion
Expert
TOP PICK
TOP PICK
February 2, 2010
Natural gas price is low, but because it is a bull market. There is a lot of gas out there. Don’t have to take on the commodity risk. There are very low fixed costs to the business. If the world falls apart, it does not loose money. A brilliant business.
Natural gas price is low, but because it is a bull market. There is a lot of gas out there. Don’t have to take on the commodity risk. There are very low fixed costs to the business. If the world falls apart, it does not loose money. A brilliant business.
Bill Harris, CFA
Portfolio Manager, Avenue Investment Management
Price
$8.710
Owned
Yes
BUY
BUY
January 6, 2010
Do some of the horizontal measurement in drilling applications. Have a nice niche in a sweet spot.
Do some of the horizontal measurement in drilling applications. Have a nice niche in a sweet spot.
Robert Lauzon
Deputy Chief Investment Officer, Middlefield Capital Corporation
Price
$9.050
Owned
Yes
TOP PICK
TOP PICK
December 21, 2009
Natural gas is low so this is a good time to be here. This company has the ability to be a driller. Very low fixed costs and high variable costs. Even when the whole industry, part this one never went to negative earnings. 6% yield.
Natural gas is low so this is a good time to be here. This company has the ability to be a driller. Very low fixed costs and high variable costs. Even when the whole industry, part this one never went to negative earnings. 6% yield.
Bill Harris, CFA
Portfolio Manager, Avenue Investment Management
Price
$8.280
Owned
Yes
TOP PICK
TOP PICK
November 10, 2009
By 2011 it will be a high dividending stock and will grow over the next year. He thinks this is rational for their business. Over the next year the natural gas price will recover. Distribution is safe.
By 2011 it will be a high dividending stock and will grow over the next year. He thinks this is rational for their business. Over the next year the natural gas price will recover. Distribution is safe.
Bill Harris, CFA
Portfolio Manager, Avenue Investment Management
Price
$7.730
Owned
Yes
PAST TOP PICK
PAST TOP PICK
October 26, 2009
(A Top Pick Oct 31/08. Down 9.7%.) Needs a recovery in natural gas. Still a Buy.
(A Top Pick Oct 31/08. Down 9.7%.) Needs a recovery in natural gas. Still a Buy.
Michael Smedley
Exec VP & Chief Investment Officer, Morgan Meighan & Associates
Price
$7.900
Owned
Yes
BUY
BUY
September 21, 2009
Directional drilling services. In the last few weeks, with increased appetite for speculation in natural gas, these stocks have started to move. High ROE.
Directional drilling services. In the last few weeks, with increased appetite for speculation in natural gas, these stocks have started to move. High ROE.
Alexander Lane, B Comm, C
Vice President & Portfolio Manager, Dynamic Funds
Price
$7.450
Owned
Yes
PAST TOP PICK
PAST TOP PICK
July 17, 2009
(A Top Pick July 17/08. Down 44.9%.) The guys you need when drilling shale plays and where the future in Canada will be. Perfectly positioned but currently there is too much competition. Should do well in 2 years down the road. 12% distribution.
(A Top Pick July 17/08. Down 44.9%.) The guys you need when drilling shale plays and where the future in Canada will be. Perfectly positioned but currently there is too much competition. Should do well in 2 years down the road. 12% distribution.
Veronika Hirsch
Chief Investment Officer, Arrow Capital
Price
$7.870
Owned
Yes
PAST TOP PICK
PAST TOP PICK
April 24, 2009
(Top Pick May 15/08 Down 39%) We are seeing that these stocks are not confirming going to new lows. They are telling us the bottom is in
(Top Pick May 15/08 Down 39%) We are seeing that these stocks are not confirming going to new lows. They are telling us the bottom is in
Andrew Cook
, Andrew Cook and Associates
Price
$8.040
Owned
No
PAST TOP PICK
PAST TOP PICK
April 2, 2009
(A Top Pick July 17/08. Down 54.7%.) Horizontal driller. Decline in drilling has been more substantial among the regular drillers than on the multi-frac drilling. A lagging indicator, especially going into a slower season. She Shorted Precision Drilling (PD.UN-T) against it. Treat as a Hold.
(A Top Pick July 17/08. Down 54.7%.) Horizontal driller. Decline in drilling has been more substantial among the regular drillers than on the multi-frac drilling. A lagging indicator, especially going into a slower season. She Shorted Precision Drilling (PD.UN-T) against it. Treat as a Hold.
Veronika Hirsch
Chief Investment Officer, Arrow Capital
Price
$7.010
Owned
Yes
TOP PICK
TOP PICK
October 31, 2008
Heavily into the horizontal drilling of the shale plays. Extremely well run. Just reported very good numbers. 10.3% yield.
Heavily into the horizontal drilling of the shale plays. Extremely well run. Just reported very good numbers. 10.3% yield.
Michael Smedley
Exec VP & Chief Investment Officer, Morgan Meighan & Associates
Price
$9.900
Owned
Yes
TOP PICK
TOP PICK
July 17, 2008
Horizontal driller with advanced technology that saves labour costs. In shale drilling. Because of uncertainty in the oil price, you don't want to be buying an oil company. 6% yield.
Horizontal driller with advanced technology that saves labour costs. In shale drilling. Because of uncertainty in the oil price, you don't want to be buying an oil company. 6% yield.
Veronika Hirsch
Chief Investment Officer, Arrow Capital
Price
$16.300
Owned
Yes
TOP PICK
TOP PICK
May 29, 2008
Due to high oil/gas prices, demand for services is going to be very strong. This one has horizontal drilling technology.
Due to high oil/gas prices, demand for services is going to be very strong. This one has horizontal drilling technology.
Andrew Cook
, Andrew Cook and Associates
Price
$14.600
Owned
Yes
BUY
BUY
May 16, 2008
Because of higher gas prices, he is expecting an increase in the number of wells drilled, which will increase profitability.
Because of higher gas prices, he is expecting an increase in the number of wells drilled, which will increase profitability.
Glenn MacNeill, P.Eng.
CIO & Sr. Portfolio Manager, Lawrence Asset Management
Price
$15.300
Owned
No
BUY
BUY
April 25, 2008
For an oil driller with good growth potential, you want a company that will take advantage of the increase in activity for the tight gas in the Montney region, Horn River type shale. Companies that can drill directional wells and horizontal wells.
For an oil driller with good growth potential, you want a company that will take advantage of the increase in activity for the tight gas in the Montney region, Horn River type shale. Companies that can drill directional wells and horizontal wells.
Jennifer Stevenson
Executive Vice President, Qwest Investment Fund Management Corp.
Price
$15.050
Owned
Yes
TOP PICK
TOP PICK
April 23, 2008
Their technology and directional drilling capabilities allows companies to access prospects economically. Average ROE is 29% over the last 5 years. Just raised their distribution 31%. Try to get this in the $12 to $12.50 range.
Their technology and directional drilling capabilities allows companies to access prospects economically. Average ROE is 29% over the last 5 years. Just raised their distribution 31%. Try to get this in the $12 to $12.50 range.
Alexander Lane, B Comm, C
Vice President & Portfolio Manager, Dynamic Funds
Price
$14.750
Owned
Yes
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