Acclaim Energy Trust

AE.UN-T

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

Analysis and Opinions about AE.UN-T

Signal
Opinion
Expert
BUY
BUY
October 27, 2006
Very liquid, high quality name. Low payout ratio. Long reserve life. High quality management.
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Very liquid, high quality name. Low payout ratio. Long reserve life. High quality management.
BUY
BUY
May 5, 2006
This is actually a fund of funds. A closed end fund. Focused on energy and energy-related sectors. If you are positive on energy, this is a good place to be.
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This is actually a fund of funds. A closed end fund. Focused on energy and energy-related sectors. If you are positive on energy, this is a good place to be.
BUY
BUY
December 30, 2005
Acclaim Energy (AE.UN-T) and Starpoint Energy (SPN.UN-T) are amalgamating. If you own either of these, continue to hold. Likes the prospects, especially with the current commodity prices.
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Acclaim Energy (AE.UN-T) and Starpoint Energy (SPN.UN-T) are amalgamating. If you own either of these, continue to hold. Likes the prospects, especially with the current commodity prices.
BUY
BUY
December 23, 2005
There is a friendly merger with Starpoint Energy (SPN.UN-T). Likes Royalty Trusts. The only risk factor is that there are two large energy trusts making one of the largest Royalty trusts. There will be a lot of integration risks. It will be listed on the New York stock exchange giving access to US investors.
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There is a friendly merger with Starpoint Energy (SPN.UN-T). Likes Royalty Trusts. The only risk factor is that there are two large energy trusts making one of the largest Royalty trusts. There will be a lot of integration risks. It will be listed on the New York stock exchange giving access to US investors.
WEAK BUY
WEAK BUY
December 15, 2005
Likes but doesn’t own as it is not gassy enough for him. Thinks natural gas is the place to be.
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Likes but doesn’t own as it is not gassy enough for him. Thinks natural gas is the place to be.
HOLD
HOLD
September 23, 2005
Acclaim Energy (AE.UN-T) and Starpoint (SPN.UN-T) are merging. This will make it close to the 4th or 5th largest royalty trust. They will be getting a NYSE listing so there will be more demand from the US. There might be some short term weakness as many managers will end up owning too much and will have to reduce the weighting in their portfolios.
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Acclaim Energy (AE.UN-T) and Starpoint (SPN.UN-T) are merging. This will make it close to the 4th or 5th largest royalty trust. They will be getting a NYSE listing so there will be more demand from the US. There might be some short term weakness as many managers will end up owning too much and will have to reduce the weighting in their portfolios.
BUY
BUY
September 20, 2005
Has been one of the better performing oil/gas trusts. Merging with StarPoint Energy (SPN>UN-T) which is a good idea and will be good for the shareholders as you will get economy of scale.
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Has been one of the better performing oil/gas trusts. Merging with StarPoint Energy (SPN>UN-T) which is a good idea and will be good for the shareholders as you will get economy of scale.
BUY
BUY
July 29, 2005
Likes the company. Over the course of 4 or 5 years it made about 5 acquisitions. Have beefed up their technical expertise which will look to exploit and integrate those acquisitions. Has a lower reserve life index than he would like to see. Good value.
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Likes the company. Over the course of 4 or 5 years it made about 5 acquisitions. Have beefed up their technical expertise which will look to exploit and integrate those acquisitions. Has a lower reserve life index than he would like to see. Good value.
WAIT
WAIT
July 15, 2005
Likes the energy trusts in general, but this one has a bit of a short reserve life, 8.5 years. Doesn't have a big problem with it.
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Likes the energy trusts in general, but this one has a bit of a short reserve life, 8.5 years. Doesn't have a big problem with it.
TOP PICK
TOP PICK
July 8, 2005
Has an excellent slate of properties. Has a relatively high yield compared to the quality of the assets. Pays around 15%. Well managed. Paying out just a little bit above 100% of its cash flow.
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Has an excellent slate of properties. Has a relatively high yield compared to the quality of the assets. Pays around 15%. Well managed. Paying out just a little bit above 100% of its cash flow.
WEAK BUY
WEAK BUY
May 20, 2005
Likes it. Like most energy trusts, not sure he would be buying. Highly gas oriented. Started small and built through acquisition. Distribution is paid at exactly $0.165 a month, even though their cash flow is higher than that. The result is that their payout ratio is 65/70%.
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Likes it. Like most energy trusts, not sure he would be buying. Highly gas oriented. Started small and built through acquisition. Distribution is paid at exactly $0.165 a month, even though their cash flow is higher than that. The result is that their payout ratio is 65/70%.
BUY
BUY
May 18, 2005
Has been hit like all energy stocks. One of the risks of the energy trusts is that they are now discounting $45 oil, possible lower. This company is in a very good space. Good reserve life. Slightly oriented to natural gas.
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Has been hit like all energy stocks. One of the risks of the energy trusts is that they are now discounting $45 oil, possible lower. This company is in a very good space. Good reserve life. Slightly oriented to natural gas.
VAGUE
VAGUE
May 13, 2005
The most "tax efficient" trust. The taxable portion of the distribution is about 30%.
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The most "tax efficient" trust. The taxable portion of the distribution is about 30%.
BUY
BUY
April 29, 2005
Likes this company. Pays about 13%. Good managers who work hard at trying to increase their recovery factor from reservoirs and increasing production through engineering technology.
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Likes this company. Pays about 13%. Good managers who work hard at trying to increase their recovery factor from reservoirs and increasing production through engineering technology.
BUY
BUY
April 8, 2005
Has really transformed their business over the last couple of years. Made a couple of large acquisitions. Should do very well.
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Has really transformed their business over the last couple of years. Made a couple of large acquisitions. Should do very well.
BUY
BUY
March 30, 2005
Lower payout ratio. Conservatively managed. Has a longer than average reserve life. A buying opportunity.
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Lower payout ratio. Conservatively managed. Has a longer than average reserve life. A buying opportunity.
BUY
BUY
March 30, 2005
A good long term hold. Good assets. Been able to grow its production without taking substantial risks. A good long term player.
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A good long term hold. Good assets. Been able to grow its production without taking substantial risks. A good long term player.
HOLD
HOLD
March 14, 2005
One of the trusts that can increase production on a per unit basis.
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One of the trusts that can increase production on a per unit basis.
BUY
BUY
February 11, 2005
Yield is in excess of 12%. Good reserve life.
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Yield is in excess of 12%. Good reserve life.
BUY
BUY
January 18, 2005
70% of their development capital expenses come from their operating cash flows which is good. Above average yield.
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70% of their development capital expenses come from their operating cash flows which is good. Above average yield.
BUY
BUY
January 13, 2005
Yields in excess of 12%. Likes the space it's in. Moving from oil to natural gas meets one of his key criteria.
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Yields in excess of 12%. Likes the space it's in. Moving from oil to natural gas meets one of his key criteria.
BUY
BUY
January 7, 2005
More room to the upside. May have a 9/10% return over the next year. The majority of their capital expenditures comes from their operating cash flows.
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More room to the upside. May have a 9/10% return over the next year. The majority of their capital expenditures comes from their operating cash flows.
BUY
BUY
December 31, 2004
A good trust, especially if you are looking for income. About 2/3 of its distribution is tax deferred income. Yield is about 12 1/2%. Good up front tax-effective income.
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A good trust, especially if you are looking for income. About 2/3 of its distribution is tax deferred income. Yield is about 12 1/2%. Good up front tax-effective income.
BUY
BUY
December 24, 2004
Payout ratio is around 75%. Likes the new management. Lower risk profile than it had a few years ago.
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Payout ratio is around 75%. Likes the new management. Lower risk profile than it had a few years ago.
BUY
BUY
November 16, 2004
One of 4 trusts that he really likes. Others are Peyto, Progress.
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One of 4 trusts that he really likes. Others are Peyto, Progress.
BUY WEAKNESS
BUY WEAKNESS
November 12, 2004
Management has turned around the company. Have made some very good acqisitions. The reserve life, debt to capital ratio, payout ratio have all very much improved.
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Management has turned around the company. Have made some very good acqisitions. The reserve life, debt to capital ratio, payout ratio have all very much improved.
BUY
BUY
November 10, 2004
Has a sector outperform. Distributions average higher than its group.
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Has a sector outperform. Distributions average higher than its group.
WEAK BUY
WEAK BUY
November 5, 2004
Recently made a good acquisition of some Chevron properties and will have good capital appreciation. Pays out about 105% of its cash flow which is high.
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Recently made a good acquisition of some Chevron properties and will have good capital appreciation. Pays out about 105% of its cash flow which is high.
DON'T BUY
DON'T BUY
October 28, 2004
About to sell their clients' holdings because the natural gas components have dropped below 50%.
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About to sell their clients' holdings because the natural gas components have dropped below 50%.
WEAK BUY
WEAK BUY
October 13, 2004
Heavily oriented to natural gas. If you have concerns on oil/gas commodities dropping, this would be a problem. If they were selling off some holdings, this and Advanatage would be the first to go.
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Heavily oriented to natural gas. If you have concerns on oil/gas commodities dropping, this would be a problem. If they were selling off some holdings, this and Advanatage would be the first to go.
BUY
BUY
October 8, 2004
An oil weighted trust. Good management. Likes their progress. Digesting the Chevron acquisition which will take 6 months.
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An oil weighted trust. Good management. Likes their progress. Digesting the Chevron acquisition which will take 6 months.
BUY
BUY
August 18, 2004
Outside of an RRSP, payments are tax-deferred.
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Outside of an RRSP, payments are tax-deferred.
BUY
BUY
July 6, 2004
The whole area is relatively attractive. Hold for the long term.
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The whole area is relatively attractive. Hold for the long term.
BUY
BUY
June 25, 2004
Made an interesting acquisition from the Chevron/Texaco assets which have a lot of potential.
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Made an interesting acquisition from the Chevron/Texaco assets which have a lot of potential.
BUY
BUY
June 17, 2004
Outside RRSP portfolios, look for an income trust that is 100% tax deferred such as Fort Chicago, Calpine Power and Acclaim energy.
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Outside RRSP portfolios, look for an income trust that is 100% tax deferred such as Fort Chicago, Calpine Power and Acclaim energy.
BUY
BUY
May 5, 2004
Has been a decent performer. Has grown pretty aggressively over the last 12/18 months. 100% of its distributions are tax deferred.
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Has been a decent performer. Has grown pretty aggressively over the last 12/18 months. 100% of its distributions are tax deferred.
BUY
BUY
April 12, 2004
A high-quality company. Continuing to make accretive acquisitions.
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A high-quality company. Continuing to make accretive acquisitions.
BUY
BUY
March 16, 2004
The pretax cash on cash return is only about 15%. Tax-deferred 100%. 51% natural gas. 9 1/2 years of reserve life.
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The pretax cash on cash return is only about 15%. Tax-deferred 100%. 51% natural gas. 9 1/2 years of reserve life.
WEAK BUY
WEAK BUY
February 5, 2004
Acquired quite a few properties. Looks fairly decent value. Nothing great about this trust
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Acquired quite a few properties. Looks fairly decent value. Nothing great about this trust
WEAK BUY
WEAK BUY
November 10, 2003
Has done all right so far. Should be a little bit careful on this trust.
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Has done all right so far. Should be a little bit careful on this trust.
BUY
BUY
November 7, 2003
Has grown very rapidly through acquisitions. Has a yield of about 17%. 100% of its distributions are tax-deferred income.
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Has grown very rapidly through acquisitions. Has a yield of about 17%. 100% of its distributions are tax-deferred income.
HOLD
HOLD
October 8, 2003
Has a terrific yield that is tax-for free for this year and possibly most of next year. Gas oriented.
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