BUY
A favorite. Have a consistent track record of growing their production. Good assets. Excellent management.
DON'T BUY
Have had some very interesting gas discoveries in Algeria and Tunisia. Pretty fully priced at this time.
DON'T BUY
Pretty fully priced. Has some very interesting assets. Good management team.
BUY
The purchase of Tom Brown gave them a large amount of assets. Involved in some massive plays which will have a big effect.
BUY
Made an interesting acquisition from the Chevron/Texaco assets which have a lot of potential.
BUY
Maintained about 30% of their cash flow for reinvestments. Well-managed.
DON'T BUY
Pretty fully priced. The merger with Ultima was good, especially for the reserves over the longer term. Expensive because of the large US following.
BUY
Has one of the best management teams in the oil patch. Relatively short reserve life of under 6 years. Management has done a good job in acquisitions and expiration to keep it at 6 years.
BUY
Won't be an exciting company but a good trust. Long life assets.
BUY
Expecting record earnings for this company, especially for the 2nd quarter of this year. Should do very well.
BUY
Will be affected by the resolution of the price in dispute between US and Canada. Has some excellent assets. Has some room to run.
DON'T BUY
A little expensive at this time. Made some interesting acquisitions.
PAST TOP PICK
(Past top pick Apr 2/04. Up 4%.) A long-term hold. Like its market position with good geographic exposure.
PAST TOP PICK
(Past top pick Apr 2/04. Up 6%.) Beauty and cosmetics sector has high margins. Prescription drug creates a recurring income. Buy for a long-term hold.
PAST TOP PICK
(Past top pick Apr 2/04. Up 8%.) A long-term play.