Latest Expert Opinions

Signal
Opinion
Expert
TOP PICK
TOP PICK
November 27, 2003
As a utility, it has reasonable downside protection. Has a gas arm with substantial gas fields, which gives it a diversified earnings base. Also has one of four LNG terminals in the US, which gives it somewhat of a monopoly.
As a utility, it has reasonable downside protection. Has a gas arm with substantial gas fields, which gives it a diversified earnings base. Also has one of four LNG terminals in the US, which gives it somewhat of a monopoly.
John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$60.250
Owned
Yes
HOLD
HOLD
November 27, 2003
Expects it will be able to maintain its 5% dividend. Looking for a new CEO. Got caught up in some of the gas manipulation of market pricing in which they have been assessed with a $300 million penalty. Delay buying for six months.
Expects it will be able to maintain its 5% dividend. Looking for a new CEO. Got caught up in some of the gas manipulation of market pricing in which they have been assessed with a $300 million penalty. Delay buying for six months.
John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$27.750
Owned
Unknown
STRONG BUY
STRONG BUY
November 27, 2003
Has rolled back since he recommended it. Still considers it to be the best company in this industry. 2% debt to capital. The outlook is for 15/20% growth over 6 to 12 months. Has a lot of cash, so there is potential of a special dividend.
Exxon Mobil (XOM-N)
November 27, 2003
Has rolled back since he recommended it. Still considers it to be the best company in this industry. 2% debt to capital. The outlook is for 15/20% growth over 6 to 12 months. Has a lot of cash, so there is potential of a special dividend.
John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$36.280
Owned
Yes
TOP PICK
TOP PICK
November 27, 2003
A turnaround story. Somewhat speculative. Has done an outstanding job of shedding its merchant assets. Turning into a regional utility and this area looks like it might benefit from a bill going through Congress. Good management.
Aquila (ILA-N)
November 27, 2003
A turnaround story. Somewhat speculative. Has done an outstanding job of shedding its merchant assets. Turning into a regional utility and this area looks like it might benefit from a bill going through Congress. Good management.
John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$3.600
Owned
Yes
DON'T BUY
DON'T BUY
November 27, 2003
You might get 5/10% upside. Had a recent setback, which makes him a little cautious. Not getting their house in order as fast as he would have hoped.
Dynegy (DYN-N)
November 27, 2003
You might get 5/10% upside. Had a recent setback, which makes him a little cautious. Not getting their house in order as fast as he would have hoped.
John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$4.000
Owned
Unknown
BUY
BUY
November 27, 2003
A fundamentally strong utility. Has organic growth with Florida growing. Has a lot of debt so they are selling off assets. A reasonable entry point, but keep in mind it is a turnaround story. Dividend could be cut. Reasonably good gamble.
Teco Energy (TE-N)
November 27, 2003
A fundamentally strong utility. Has organic growth with Florida growing. Has a lot of debt so they are selling off assets. A reasonable entry point, but keep in mind it is a turnaround story. Dividend could be cut. Reasonably good gamble.
John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$13.020
Owned
Unknown
TOP PICK
TOP PICK
November 27, 2003
A pure play on the tar sands. Likes it because there is no exploration risk. Have done an outstanding job of mitigating costs risks. Operating costs have dropped from $12.40 to $9.
Suncor Energy Inc (SU-T)
November 27, 2003
A pure play on the tar sands. Likes it because there is no exploration risk. Have done an outstanding job of mitigating costs risks. Operating costs have dropped from $12.40 to $9.
John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$29.170
Owned
Yes