Southern Pacific Resource

STP-T

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0.00 (0.00%)
This company is not ACTIVE.

Analysis and Opinions about STP-T

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
April 24, 2014

They were having significant reservoirs issues. In a very precarious position where there are very few options at their disposal.

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They were having significant reservoirs issues. In a very precarious position where there are very few options at their disposal.

BUY WEAKNESS
BUY WEAKNESS
September 13, 2013

Rebounded significantly because of a very good update. Very strong team. Went into a heavy oil play, Senlac, to bring on production and were faced with a number of ramp up issues so the stock was severely punished. However, with yesterday’s update, it seems that they are starting to get back on track. Currently have 5 wells that are working so if they can continue to prove up all 12 wells, she believes stock will probably go back to the old range. Still a lot of risk in the story so she would wait for a pullback.

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Rebounded significantly because of a very good update. Very strong team. Went into a heavy oil play, Senlac, to bring on production and were faced with a number of ramp up issues so the stock was severely punished. However, with yesterday’s update, it seems that they are starting to get back on track. Currently have 5 wells that are working so if they can continue to prove up all 12 wells, she believes stock will probably go back to the old range. Still a lot of risk in the story so she would wait for a pullback.

SELL
SELL
July 23, 2013

This is not the kind of risky situation he would want to be involved in. The Alberta landscape is littered with Junior companies that have made a run at building SAGD plants.

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This is not the kind of risky situation he would want to be involved in. The Alberta landscape is littered with Junior companies that have made a run at building SAGD plants.

DON'T BUY
DON'T BUY
June 20, 2013

Have been having serious issues with their key SAGD asset. Production has not come anywhere remotely close to where management had guided. Have a lot of debt.

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Have been having serious issues with their key SAGD asset. Production has not come anywhere remotely close to where management had guided. Have a lot of debt.

HOLD
HOLD
May 28, 2013

Junior oil sands producer, producing 5000-6000 barrels per day. Had some challenges getting the heavy oil out of the ground. Recently inked a deal with a rail company to ship the oil down to the markets.

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Junior oil sands producer, producing 5000-6000 barrels per day. Had some challenges getting the heavy oil out of the ground. Recently inked a deal with a rail company to ship the oil down to the markets.

(Market Call Minute)

WAIT
WAIT
March 28, 2013

52 week low. He has been in and out of this stock. They had difficulties getting ramped up according to plan. Layers onto the differential problem. Missed expectations. Was built quite well, on time and on budget. He’d rather wait on the sidelines.

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52 week low. He has been in and out of this stock. They had difficulties getting ramped up according to plan. Layers onto the differential problem. Missed expectations. Was built quite well, on time and on budget. He’d rather wait on the sidelines.

BUY
BUY
March 4, 2013

(Market Call Minute.) This is great. Thinks it has a lot of growth.

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(Market Call Minute.) This is great. Thinks it has a lot of growth.

COMMENT
COMMENT
January 9, 2013

Heavy oil bitumen producer and doesn’t have an upgrader or refinery. One of the 1st companies to arrange a rail deal to ship bitumen down to the Gulf Coast to increase their net backs. That wouldn’t matter if their production base was higher. Currently in the ramp-up phase for their McKay projects, which seems to be going as planned but you really don’t know 6-9 months out from when you start steaming your wells to know if the amount of steam you are getting is exactly going according to plan. Still in a moment of execution risk along with commodity risks. Just sold the last of his stocks.

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Heavy oil bitumen producer and doesn’t have an upgrader or refinery. One of the 1st companies to arrange a rail deal to ship bitumen down to the Gulf Coast to increase their net backs. That wouldn’t matter if their production base was higher. Currently in the ramp-up phase for their McKay projects, which seems to be going as planned but you really don’t know 6-9 months out from when you start steaming your wells to know if the amount of steam you are getting is exactly going according to plan. Still in a moment of execution risk along with commodity risks. Just sold the last of his stocks.

BUY
BUY
November 14, 2012

Junior oil sands play in western Canada. Riskier but a great balance sheet. It is cheap, but so is every other oil. You could buy something more senior and take the risk out of it but you will get more reward with this one.

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Junior oil sands play in western Canada. Riskier but a great balance sheet. It is cheap, but so is every other oil. You could buy something more senior and take the risk out of it but you will get more reward with this one.

BUY
BUY
November 12, 2012

Inked a rail deal to send oil to gulf coast to get Brent pricing. Canada has gone from shipping 5k barrels per day to the US to $100k barrels per day and most people don’t know that. You could see a good ramp into yearend.

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Inked a rail deal to send oil to gulf coast to get Brent pricing. Canada has gone from shipping 5k barrels per day to the US to $100k barrels per day and most people don’t know that. You could see a good ramp into yearend.

COMMENT
COMMENT
September 19, 2012

Oil Sands producer. Have 2 projects, one of which is a SAGD project and started steaming 2 months ago and he is looking for a response sometime late October to November. Value of their producing assets is around $2 per share but people are probably holding back because there has not been a production data point out of the SAGD project yet. If you are bullish on crude oil and the oil Sands, this is a very good one. On his Buy list.

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Oil Sands producer. Have 2 projects, one of which is a SAGD project and started steaming 2 months ago and he is looking for a response sometime late October to November. Value of their producing assets is around $2 per share but people are probably holding back because there has not been a production data point out of the SAGD project yet. If you are bullish on crude oil and the oil Sands, this is a very good one. On his Buy list.

COMMENT
COMMENT
September 18, 2012

(Owns their convertible debentures.) Some pretty good strategic potential as a takeout at some point down the road. Have substantially completed the McKay project and did it on time and pretty close to budget. Well-positioned for growth and cash flow over the next year or two as they wrap up that construction project. There is a little bit of risk if oil pulled back to $70 or so for a company like this.

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(Owns their convertible debentures.) Some pretty good strategic potential as a takeout at some point down the road. Have substantially completed the McKay project and did it on time and pretty close to budget. Well-positioned for growth and cash flow over the next year or two as they wrap up that construction project. There is a little bit of risk if oil pulled back to $70 or so for a company like this.

COMMENT
COMMENT
July 16, 2012
(Market Call Minute.) Stock has been pounded only because it is a small cap company and people are fearful of their ability to fund their present ongoing project. It is going well. Has over a $2 price target.
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(Market Call Minute.) Stock has been pounded only because it is a small cap company and people are fearful of their ability to fund their present ongoing project. It is going well. Has over a $2 price target.
TOP PICK
TOP PICK
May 2, 2012
Unique story. A junior oil sands play with a producing asset and a near term project that is going to be in production. Producing about 5,000 barrels a day and thinks they can double production this year. Could be well north of $2.
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Unique story. A junior oil sands play with a producing asset and a near term project that is going to be in production. Producing about 5,000 barrels a day and thinks they can double production this year. Could be well north of $2.
COMMENT
COMMENT
August 16, 2011
Has fallen because of the price of oil. Debt is high but is manageable. Proven plus probable reserve value is $3 at $100 long-term oil. Next project is steam assisted. Very cheap stock but is waiting until it is a no-brainer.
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Has fallen because of the price of oil. Debt is high but is manageable. Proven plus probable reserve value is $3 at $100 long-term oil. Next project is steam assisted. Very cheap stock but is waiting until it is a no-brainer.
BUY
BUY
April 13, 2011
Oil sands company. If you believe in $100 oil, the NAV is about $3 on their proven plus probable giving you about 600 million barrels of contingent resource which are much higher risk. $3 gives you a little less than a double. Debt is a little high but is fully funded and could be a takeout.
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Oil sands company. If you believe in $100 oil, the NAV is about $3 on their proven plus probable giving you about 600 million barrels of contingent resource which are much higher risk. $3 gives you a little less than a double. Debt is a little high but is fully funded and could be a takeout.
BUY
BUY
January 24, 2011
One of a handful of successful oil sand companies on the cusp of really ramping up. Have a small project of 4-5 thousand BOE’s a day with a plan to go to 40,000 in the next 4 years.
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One of a handful of successful oil sand companies on the cusp of really ramping up. Have a small project of 4-5 thousand BOE’s a day with a plan to go to 40,000 in the next 4 years.
DON'T BUY
DON'T BUY
December 7, 2010
Oil sands Senlac project looks good but the McKay project is really their big one but the problem is how to fund it, which they are trying to do with a debt issue. Will be about 2 years before production.
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Oil sands Senlac project looks good but the McKay project is really their big one but the problem is how to fund it, which they are trying to do with a debt issue. Will be about 2 years before production.
BUY
BUY
December 6, 2010
Once they bring their heavy oil project (McKay) into production, it’ll get revalued.
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Once they bring their heavy oil project (McKay) into production, it’ll get revalued.
HOLD
HOLD
November 24, 2010
Could be a takeover candidate in the next 12-24 months. Could be eventful as they go through their permitting and financing in the next few months and think this could be positive.
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Could be a takeover candidate in the next 12-24 months. Could be eventful as they go through their permitting and financing in the next few months and think this could be positive.
DON'T BUY
DON'T BUY
November 15, 2010
Shorted this but exited his position. Has been building their oil sands business piece by piece and doing a good job. Highly levered to oil prices, so if oil comes down they could be in trouble.
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Shorted this but exited his position. Has been building their oil sands business piece by piece and doing a good job. Highly levered to oil prices, so if oil comes down they could be in trouble.
SELL
SELL
October 7, 2010
Not been a fan of junior oil sands plays because it is such a scale business but this one has emerged as one of the better companies. However he is not a fan of oil at these prices. (He is Short the stock.)
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Not been a fan of junior oil sands plays because it is such a scale business but this one has emerged as one of the better companies. However he is not a fan of oil at these prices. (He is Short the stock.)
HOLD
HOLD
September 30, 2010
Acquiring existing oil sands property and when they can bring it online and on budget, there is a lot more upside, possibly 50% more.
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Acquiring existing oil sands property and when they can bring it online and on budget, there is a lot more upside, possibly 50% more.
BUY
BUY
July 27, 2010
Heavy oil in Alberta. Have cash flow and are quire reasonably valued. Production has potential to ramp up significantly over the next 2 to 3 years.
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Heavy oil in Alberta. Have cash flow and are quire reasonably valued. Production has potential to ramp up significantly over the next 2 to 3 years.
STRONG BUY
STRONG BUY
April 13, 2010
Beautifully well run. Oil sands. Need to raise money but doing it at a good time.
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Beautifully well run. Oil sands. Need to raise money but doing it at a good time.
COMMENT
COMMENT
April 5, 2010
Biggest IPO in many years in the oil sands will be happening Wednesday with the Athabascan oil sands. A lot of the other ancillary oil sands companies have been running up on this and this is one of them.
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Biggest IPO in many years in the oil sands will be happening Wednesday with the Athabascan oil sands. A lot of the other ancillary oil sands companies have been running up on this and this is one of them.
HOLD
HOLD
March 29, 2010
In the junior oil sands space, it comes down to Connacher (CLL-T) with this one probably becoming the next junior emerging oil sands player. Recently saw an article on India trying to purchase something in the oil sands, such as 10,000 BOE’s a day with a billion-market cap sort of price. This fits Connacher.
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In the junior oil sands space, it comes down to Connacher (CLL-T) with this one probably becoming the next junior emerging oil sands player. Recently saw an article on India trying to purchase something in the oil sands, such as 10,000 BOE’s a day with a billion-market cap sort of price. This fits Connacher.
HOLD
HOLD
June 1, 2009
Oil sands. Putting together their permit application and when that gets approved, about 1 year, there should be a revaluation of the stock. That's when these things are acquired.
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Oil sands. Putting together their permit application and when that gets approved, about 1 year, there should be a revaluation of the stock. That's when these things are acquired.
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Southern Pacific Resource(STP-T) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for Southern Pacific Resource is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Southern Pacific Resource(STP-T) Frequently Asked Questions

What is Southern Pacific Resource stock symbol?

Southern Pacific Resource is a OTC stock, trading under the symbol STP-T on the (). It is usually referred to as or STP-T

Is Southern Pacific Resource a buy or a sell?

In the last year, there was no coverage of Southern Pacific Resource published on Stockchase.

Is Southern Pacific Resource a good investment or a top pick?

Southern Pacific Resource was recommended as a Top Pick by Mason Granger on 2014-04-24. Read the latest stock experts ratings for Southern Pacific Resource.

Why is Southern Pacific Resource stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Southern Pacific Resource worth watching?

0 stock analysts on Stockchase covered Southern Pacific Resource In the last year. It is a trending stock that is worth watching.

What is Southern Pacific Resource stock price?

On , Southern Pacific Resource (STP-T) stock closed at a price of $.