Southern Pacific Resource

STP-T

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

Analysis and Opinions about STP-T

Signal
Opinion
Expert
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.
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.
Eric Nuttall
Partner & Senior Portfolio Manager, Ninepoint Partners
Price
$1.430
Owned
No
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.
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.
Eric Nuttall
Partner & Senior Portfolio Manager, Ninepoint Partners
Price
$1.750
Owned
Yes
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.
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.
Bill Harris, CFA
Portfolio Manager, Avenue Investment Management
Price
$1.720
Owned
No
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.
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.
Laura Lau
Senior Portfolio Manager, Sentry Select Capital
Price
$1.680
Owned
No
BUY
BUY
December 6, 2010
Once they bring their heavy oil project (McKay) into production, it’ll get revalued.
Once they bring their heavy oil project (McKay) into production, it’ll get revalued.
David Taylor, MBA, CFA
Vice President & Portfolio Manager, Goodman & Company, Investment Counsel
Price
$1.700
Owned
Yes
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.
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.
Lesley Marks
Vice President & Portfolio Manager, Jones Heward Investment Counsel
Price
$1.480
Owned
Yes
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.
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.
James Hodgins
Chief Investment Officer, Curvature Hedge Strategies
Price
$1.360
Owned
No
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.)
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.)
James Hodgins
Chief Investment Officer, Curvature Hedge Strategies
Price
$1.200
Owned
Yes
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.
Acquiring existing oil sands property and when they can bring it online and on budget, there is a lot more upside, possibly 50% more.
Jim Huang
President, T.I.P. Wealth Management
Price
$1.230
Owned
Unknown
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.
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.
Andrew Cook
, Andrew Cook and Associates
Price
$1.020
Owned
No
STRONG BUY
STRONG BUY
April 13, 2010
Beautifully well run. Oil sands. Need to raise money but doing it at a good time.
Beautifully well run. Oil sands. Need to raise money but doing it at a good time.
David Taylor, MBA, CFA
Vice President & Portfolio Manager, Goodman & Company, Investment Counsel
Price
$1.300
Owned
Yes
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.
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.
Laura Lau
Senior Portfolio Manager, Sentry Select Capital
Price
$1.440
Owned
No
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.
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.
Dennis da Silva
Managing Director & Sr Portfolio Manager, Middlefield Capital Ltd.
Price
$1.170
Owned
Unknown
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.
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.
Jennifer Stevenson
Executive Vice President, Qwest Investment Fund Management Corp.
Price
$0.530
Owned
Unknown
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