Latest Expert Opinions

Signal
Opinion
Expert
TOP PICK
TOP PICK
February 8, 2008
This one has come off very hard. The refining and downstream pieces were disappointing in the 4th quarter. EBITDA was 40%-50% weighted to the downstream but they are coming into a period where refining should do extremely well.
Marathon Oil(MRO-N)
February 8, 2008
This one has come off very hard. The refining and downstream pieces were disappointing in the 4th quarter. EBITDA was 40%-50% weighted to the downstream but they are coming into a period where refining should do extremely well.
John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$49.380
Owned
Yes
TOP PICK
TOP PICK
February 8, 2008
Great dividend yield of 4.4% and defensive. Cheap on a price to book and earnings per share. Great relationship with the regulator and they are a utility.
Emera Inc(EMA-T)
February 8, 2008
Great dividend yield of 4.4% and defensive. Cheap on a price to book and earnings per share. Great relationship with the regulator and they are a utility.
John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$21.660
Owned
Yes
TOP PICK
TOP PICK
February 8, 2008
Reasonably valued oil/gas company that has opportunity for upside surprises but doesn't have the implications of the Cdn$ and the cost side going up with the commodity going up. Have prospective developments and opportunities in 4 areas of the world, Brazil, Gulf of Mexico, Ghana and Libya. You have fair value at this price.
Hess Corp.(HES-N)
February 8, 2008
Reasonably valued oil/gas company that has opportunity for upside surprises but doesn't have the implications of the Cdn$ and the cost side going up with the commodity going up. Have prospective developments and opportunities in 4 areas of the world, Brazil, Gulf of Mexico, Ghana and Libya. You have fair value at this price.
John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$88.960
Owned
Yes
PAST TOP PICK
PAST TOP PICK
February 8, 2008
(A Top Pick Feb 21/07. Up 2% including dividends.)Thought there would be more of a catalyst by selling their oil/gas properties, which they did, but management paid themselves $16 million in bonuses. Now might be an interesting time to look at this.
Dominion Resources Inc(D-N)
February 8, 2008
(A Top Pick Feb 21/07. Up 2% including dividends.)Thought there would be more of a catalyst by selling their oil/gas properties, which they did, but management paid themselves $16 million in bonuses. Now might be an interesting time to look at this.
John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$42.110
Owned
Yes
PAST TOP PICK
PAST TOP PICK
February 8, 2008
(A Top Pick Feb 21/07. Down 11.8%.) Has been a bit disappointing, but is a North Sea junior oil producer that has gone from prospect of producer to producer. It will eventually take off but for now, a wait and see. Hold.
Bow Valley Energy(BVX-T)
February 8, 2008
(A Top Pick Feb 21/07. Down 11.8%.) Has been a bit disappointing, but is a North Sea junior oil producer that has gone from prospect of producer to producer. It will eventually take off but for now, a wait and see. Hold.
John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$5.540
Owned
Yes
PAST TOP PICK
PAST TOP PICK
February 8, 2008
(A Top Pick Feb 21/07. Up 10%.) Considers this as a Hold now. Costs are starting to escalate.
Husky Energy(HSE-T)
February 8, 2008
(A Top Pick Feb 21/07. Up 10%.) Considers this as a Hold now. Costs are starting to escalate.
John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$39.870
Owned
Yes
BUY
BUY
February 8, 2008
A good name. They knocked against it has been that it had a short reserve life. In the last year, they have proven up a couple of new fields in the North Sea which gives you $50-$60 netback/margin versus $26 in Alberta.
Oilexco Inc(OIL-X)
February 8, 2008
A good name. They knocked against it has been that it had a short reserve life. In the last year, they have proven up a couple of new fields in the North Sea which gives you $50-$60 netback/margin versus $26 in Alberta.
John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$12.760
Owned
No