Canetic Resources Trust

CNE.UN-T

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

Analysis and Opinions about CNE.UN-T

Signal
Opinion
Expert
COMMENT
COMMENT
January 11, 2008
Just acquired Titan Exploration. Being acquired by Penn West Energy (PWT.UN-T). Recommends that you roll your positions into this company, as it is a great long-term play.
Just acquired Titan Exploration. Being acquired by Penn West Energy (PWT.UN-T). Recommends that you roll your positions into this company, as it is a great long-term play.
Peter Brieger
Chairman & Chief Executive Officer, GlobeInvestment Capital Management
Price
$13.450
Owned
Yes
HOLD
HOLD
December 28, 2007
Being acquired by Penn West Energy (PWT.UN-T). He will take shares rather than cash. Looking out 3 to 4 years, he likes oil and gas. Merged company will have 2 advantages. 1) Tax pools will probably defer any taxes to be paid out on until 2013/2014 and 2) It may be converted back to a corporation and will be a major challenge to other large caps.
Being acquired by Penn West Energy (PWT.UN-T). He will take shares rather than cash. Looking out 3 to 4 years, he likes oil and gas. Merged company will have 2 advantages. 1) Tax pools will probably defer any taxes to be paid out on until 2013/2014 and 2) It may be converted back to a corporation and will be a major challenge to other large caps.
Peter Brieger
Chairman & Chief Executive Officer, GlobeInvestment Capital Management
Price
$13.290
Owned
Yes
HOLD
HOLD
December 12, 2007
Merging with Penn West (PWT.UN-T). Would sit tight as you will gain some $’s. Nice payout.
Merging with Penn West (PWT.UN-T). Would sit tight as you will gain some $’s. Nice payout.
Michael Smedley
Exec VP & Chief Investment Officer, Morgan Meighan & Associates
Price
$13.890
Owned
Unknown
HOLD
HOLD
December 11, 2007
Merging with Penn West. He owns Canetic, but not Penn West (PWT.UN-T) and recognizes that this will be a different story, but he is staying with this. Penn West will not be paying taxes anytime soon because of their tax pools. Likes management.
Merging with Penn West. He owns Canetic, but not Penn West (PWT.UN-T) and recognizes that this will be a different story, but he is staying with this. Penn West will not be paying taxes anytime soon because of their tax pools. Likes management.
Peter Brieger
Chairman & Chief Executive Officer, GlobeInvestment Capital Management
Price
$13.740
Owned
No
COMMENT
COMMENT
December 7, 2007
Merging with Penn West Energy (PWT.UN-T). Penn West is one of the better companies and has a huge supply of undeveloped land. These mergers are very positive, as there is economy of scale.
Merging with Penn West Energy (PWT.UN-T). Penn West is one of the better companies and has a huge supply of undeveloped land. These mergers are very positive, as there is economy of scale.
David Cockfield
Managing Director, Northland Wealth Management
Price
$13.860
Owned
Yes
HOLD
HOLD
November 6, 2007
Being acquired by Penn West (PWT.UN-T). Good acquisition as it gives critical mass of 2000 barrels a day production, capacity to absorb other income trusts and/or oil/gas exploration companies. Also gives them leverage to expand not only outside of Alberta, but into the US. Would wait for the merger to take position before buying Penn West.
Being acquired by Penn West (PWT.UN-T). Good acquisition as it gives critical mass of 2000 barrels a day production, capacity to absorb other income trusts and/or oil/gas exploration companies. Also gives them leverage to expand not only outside of Alberta, but into the US. Would wait for the merger to take position before buying Penn West.
Peter Brieger
Chairman & Chief Executive Officer, GlobeInvestment Capital Management
Price
$15.000
Owned
Yes
HOLD
HOLD
November 2, 2007
Merging with Penn West (PWT.UN-T). If you own the, you will be in a better position as they had been under a lot of pressure. You will also get more visibility, particularly in the US.
Merging with Penn West (PWT.UN-T). If you own the, you will be in a better position as they had been under a lot of pressure. You will also get more visibility, particularly in the US.
Patrick Kim
Vice President and Portfolio Manager, KBSH Capital Management
Price
$15.270
Owned
Unknown
DON'T BUY
DON'T BUY
October 3, 2007
Some concerns about their longer term sustainability. In a bit of a “show me” mode. Made a number of acquisitions leading up to the point where the government changed the rules last year and are going through a bit of an integration mode. Questions if they have deep enough technical focus and drilling inventory. Have a strong US ownership base, so could consider changing to the US.
Some concerns about their longer term sustainability. In a bit of a “show me” mode. Made a number of acquisitions leading up to the point where the government changed the rules last year and are going through a bit of an integration mode. Questions if they have deep enough technical focus and drilling inventory. Have a strong US ownership base, so could consider changing to the US.
Michele Robitaille
Portfolio Manager, Guardian Capital
Price
$15.080
Owned
No
HOLD
HOLD
August 28, 2007
An excellent company going forward. Be prepared for cuts in distributions.
An excellent company going forward. Be prepared for cuts in distributions.
Peter Brieger
Chairman & Chief Executive Officer, GlobeInvestment Capital Management
Price
$14.680
Owned
Yes
DON'T BUY
DON'T BUY
August 23, 2007
A bit of a “show me” story. 2nd quarter numbers have come in quite strongly. Their capital program is quite significant this year with acquisitions and getting their production on track. Prefers others.
A bit of a “show me” story. 2nd quarter numbers have come in quite strongly. Their capital program is quite significant this year with acquisitions and getting their production on track. Prefers others.
Michele Robitaille
Portfolio Manager, Guardian Capital
Price
$14.890
Owned
No
SELL
SELL
August 8, 2007
Got the reputation of being an active acquirer and hasn't shaken that reputation yet. Probably better off in a more stable name with less risk of downside.
Got the reputation of being an active acquirer and hasn't shaken that reputation yet. Probably better off in a more stable name with less risk of downside.
John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$15.070
Owned
No
COMMENT
COMMENT
July 23, 2007
Have fairly decent assets. Feels the market is discounting too much of an effect on cash flows post 2011. Market is forecasting a 31.5% tax rate and he feels it will be closer to 9%.
Have fairly decent assets. Feels the market is discounting too much of an effect on cash flows post 2011. Market is forecasting a 31.5% tax rate and he feels it will be closer to 9%.
Ben Cheng
President and Chief Investment Officer, Aston Hill Financial Ltd.
Price
$17.050
Owned
No
COMMENT
COMMENT
July 4, 2007
About 55% oil/45% natural gas. Have had some production mishaps. Has grown rapidly, primarily through acquisitions. Debt levels are a bit high. Good management.
About 55% oil/45% natural gas. Have had some production mishaps. Has grown rapidly, primarily through acquisitions. Debt levels are a bit high. Good management.
Michael Simpson, CFA
Senior Vice-President, Sentry Investments
Price
$17.190
Owned
No
SELL
SELL
June 11, 2007
Have had problems. Many acquisitions, so too much growth too quickly.
Have had problems. Many acquisitions, so too much growth too quickly.
Michele Robitaille
Portfolio Manager, Guardian Capital
Price
$17.070
Owned
No
DON'T BUY
DON'T BUY
June 5, 2007
He had it but sold, because he felt the company would have difficult time maintaining their distribution, and maintaining their production. Looks a bit better lately, but still something he wouldn't own.
He had it but sold, because he felt the company would have difficult time maintaining their distribution, and maintaining their production. Looks a bit better lately, but still something he wouldn't own.
Bruce Campbell (1)
President, Campbell and Lee InvMngmnt
Price
$17.390
Owned
No
Showing 1 to 15 of 78 entries