Provident Energy Ltd

PVE-T

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

Analysis and Opinions about PVE-T

Signal
Opinion
Expert
TOP PICK
TOP PICK
May 16, 2011
Mid-stream in energy, i.e. they do fracing, extracting liquids from natural gas. Gas prices are very low and oil prices very high so liquids prices are high. Good spread business. Had a soft year when they got hit on some hedges. Looking for $11-$12 over the next year or so.
Show full opinionHide full opinion
Mid-stream in energy, i.e. they do fracing, extracting liquids from natural gas. Gas prices are very low and oil prices very high so liquids prices are high. Good spread business. Had a soft year when they got hit on some hedges. Looking for $11-$12 over the next year or so.
DON'T BUY
DON'T BUY
August 31, 2010
(Market Call Minute) They are a mid stream company right now. Undervalued by no catalyst to the upside.
Show full opinionHide full opinion
(Market Call Minute) They are a mid stream company right now. Undervalued by no catalyst to the upside.
BUY
BUY
March 5, 2010
Likes the name because it has transitioned to a higher multiple. Margins are very large for the foreseeable future. An attractive name.
Show full opinionHide full opinion
Likes the name because it has transitioned to a higher multiple. Margins are very large for the foreseeable future. An attractive name.
SELL
SELL
January 25, 2010
Has had a very good run. If you own, consider a switch to some combination of Crescent Point (CPG-T) and Daylight (DAY.UN-T), otherwise it's a Hold. (See Top Picks.)
Show full opinionHide full opinion
Has had a very good run. If you own, consider a switch to some combination of Crescent Point (CPG-T) and Daylight (DAY.UN-T), otherwise it's a Hold. (See Top Picks.)
COMMENT
COMMENT
December 4, 2009
Prefers owning this through the convertible debenture. A good portion of their business is midstream, where they process fuels, rather than taking it out of the ground. A stable business.
Show full opinionHide full opinion
Prefers owning this through the convertible debenture. A good portion of their business is midstream, where they process fuels, rather than taking it out of the ground. A stable business.
BUY
BUY
November 9, 2009
Real transformative story that is looking more impressive all the time. Initially a collection of “not so great” gas assets in the US with a decent set of midstream businesses where they take the liquids etc. out of the gas and this has turned out to be an absolute home run for them.
Show full opinionHide full opinion
Real transformative story that is looking more impressive all the time. Initially a collection of “not so great” gas assets in the US with a decent set of midstream businesses where they take the liquids etc. out of the gas and this has turned out to be an absolute home run for them.
BUY
BUY
October 13, 2009
A different model than most companies because they have a lot of midstream assets as well as upstream businesses. The upstream business is OK but not that great but the midstream business is very good. There will be a chance of a distribution cut in 2011.
Show full opinionHide full opinion
A different model than most companies because they have a lot of midstream assets as well as upstream businesses. The upstream business is OK but not that great but the midstream business is very good. There will be a chance of a distribution cut in 2011.
COMMENT
COMMENT
September 17, 2009
Oil/gas trust that also have some midstream assets that process natural gas. Have properties in Canada and US. Have been selling properties to reduce their debt levels.
Show full opinionHide full opinion
Provident Energy Ltd (PVE-T)
September 17, 2009
Oil/gas trust that also have some midstream assets that process natural gas. Have properties in Canada and US. Have been selling properties to reduce their debt levels.
HOLD
HOLD
July 24, 2009
Sees this one staying flat for the next year. Undertook a strategic review to decide if they should split the company. Have a midstream component, which has been very profitable. 13.5% yield.
Show full opinionHide full opinion
Sees this one staying flat for the next year. Undertook a strategic review to decide if they should split the company. Have a midstream component, which has been very profitable. 13.5% yield.
BUY
BUY
June 30, 2009
Different then most energy trust because they are a mixture of midstream assets as well as upstream oil and gas. Midstream assets are very, very good but upstream assets are not as good. Midstream trades at a substantial multiple to oil/gas assets so you are almost getting the upstream for free. Very attractive valuation. 12.7% could indicate a cut as they are currently over distributing but feels it is already priced in.
Show full opinionHide full opinion
Different then most energy trust because they are a mixture of midstream assets as well as upstream oil and gas. Midstream assets are very, very good but upstream assets are not as good. Midstream trades at a substantial multiple to oil/gas assets so you are almost getting the upstream for free. Very attractive valuation. 12.7% could indicate a cut as they are currently over distributing but feels it is already priced in.
DON'T BUY
DON'T BUY
February 27, 2009
Unique because they have upstream oil/gas assets combined with more midstream natural gas processing assets. He prefers more pure plays. Had a couple of distribution cuts. Going through a strategic review.
Show full opinionHide full opinion
Unique because they have upstream oil/gas assets combined with more midstream natural gas processing assets. He prefers more pure plays. Had a couple of distribution cuts. Going through a strategic review.
COMMENT
COMMENT
February 6, 2009
(Market Call Minute.) Wouldn't own this, as it is both a producer and midstream. He prefers pure plays.
Show full opinionHide full opinion
(Market Call Minute.) Wouldn't own this, as it is both a producer and midstream. He prefers pure plays.
COMMENT
COMMENT
December 3, 2008
In the middle of the range of trusts. Not extremely great in many way. Has done a pretty good job of cleaning things up. Has a midstream business that is quite good but, unfortunately, the frac spread is way down. Could see a cut in distributions.
Show full opinionHide full opinion
In the middle of the range of trusts. Not extremely great in many way. Has done a pretty good job of cleaning things up. Has a midstream business that is quite good but, unfortunately, the frac spread is way down. Could see a cut in distributions.
HOLD
HOLD
May 9, 2007
Has a number of assets in the midstream area in the US and Alberta. Good management but had a history of overpaying for assets.
Show full opinionHide full opinion
Has a number of assets in the midstream area in the US and Alberta. Good management but had a history of overpaying for assets.
COMMENT
COMMENT
January 22, 2007
Debt levels are too high for him. Also, the decline in production is higher than what he likes. Has a nice midstream asset which is attractive.
Show full opinionHide full opinion
Debt levels are too high for him. Also, the decline in production is higher than what he likes. Has a nice midstream asset which is attractive.
Showing 16 to 30 of 62 entries