Jennifer Stevenson
Executive Vice President at Qwest Investment Fund Management Corp.
Member since: May '07 · 206 Opinions
Rating
Big Win
Win
Neutral
Loss
Big Loss
Stock Opinions by Jennifer Stevenson
N/A
We came back from the long weekend and people realized the European situation was going to be dealt with. Doesn’t have a strong price run-up case for oil. Outside of some kind of shock, $70-$80 range. Bearish on Natural Gas for over a year. She looks for management experience and profit indicating a higher stock price or room for growth.
RISKY
Small producer, primary assets in Columbia. Stock was on a tear and then settled back. It is richly valued. It could be a fun stock to play.
oil
gas
RISKY
They are located in the best place for gas because they are at the pipeline into the US. Fair amount of risk on their play.
oil
gas
WAIT
Highflying stock way back when. Really fell out of favour compared to pier group. There are doubts about management being able to meet their forecast. It won’t go up in multiple until you have had successive quarters meeting forecast. Great assets, but quiet money – unless they get taken out.
oil
gas
BUY
More oil and profits are much better on oil than gas. They took over a company called Buffalo with a great asset. Prospects are good. On her radar screen.
oil
gas
BUY
The trick is what will they do with their cash flow when they convert to a corporation. Will they replace income with growth. A recent acquisition shows they plan growth. With the assets they have it will work out really well.
oil
gas
WEAK BUY
Hates A/Bs (classes). She would not buy the ‘B’s. They are not liquid enough to get the participation from results as the ‘A’s. This is an expensive stock, but it doesn’t mean it wont go up.
oil
gas
PAST TOP PICK
(Top Pick Jan 20/09, Up 76%) There is not the same per-share upside as last year, but no concerns about the dividend. Profits are so strong the dividend is not an issue. She had trimmed back her position and put the money into smaller issues.
oil
gas
BUY
Reincarnation of what was the true energy trust. Stock is a little bit expensive, but it’s hard to find a pier that isn’t. Management has really bought in and had a good run and it’s going to continue.
oil
gas
BUY
Scares off retail investors because of price ($103). International play. Current big play is from India. Barely scratched the surface on drilling. Going forward she thinks they will have success.
oil
gas
WAIT
It has had its challenges because it is gas focused and balance sheet was hefty. They have done well in paying down their debt and growing their production. Stock is not expensive. Biggest risk is that it is a gas focused player and as we are rolling into the shoulder season, you may get a chance to buy it cheaper over the next few months.
oil
gas
WEAK BUY
Great management team and asset base. Economics of the heavy oil is fantastic. But their strategy is to take profits and invest much into gas. If you like if for the gas, then it is a buy, but not if it is for the oil.
oil
gas
WAIT
A lot of its upside is tied to Long Lake but it's taking a while to work. She would wait. Just had a delay in another project. This one has operational risks.
oil
gas
BUY
(Market Call Minute) Great assets, but company has not met operational targets, yet going forward things are turning around.
oil
gas
HOLD
Just came out with year-end results. We’ve seen a dramatic improvement, but we needed to have a dramatic improvement in finding and development costs. Continues to be a wait and see game.
oil
gas
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