BUY
Had a nice base building December to May. Went above the 200-day moving average. Has now pulled back to the 200-day moving average, which is a very positive development. Good place to take a risk. Support is probably at about $11.50 or $12.
DON'T BUY
Made a double top last year, which was very negative. Below its 200-day moving average. Stock is very oversold, so it may rally to about $1.25.
COMMENT
Stock is in a positive zone. Recent high was around $23 and is now trying to break through that.
BUY
Broke out through a very important level of around $16.70 and took out its recent high. Has a rising 200-day moving average.
BUY ON WEAKNESS
Has a beautiful W formation, which is very important. Stock may be a little ahead of itself and wouldn't hurt if it came back to around $22 or $22.50.
TOP PICK
Have a few near-term catalysts. Focused in India. Coming up near term will be the new reserve report due next week. Also D6 block comes on production very shortly and when it hits full production in 6 or 8 months, it will double India's natural gas production.
TOP PICK
Natural gas. Small company of only about 2000 BOEs a day. Have a great play at Ansell/Sundance. Great long life growth play. Also have a play in Russ (?) on the front edge of the foothills which is deep drilling and expensive. Have drilled the well but it has not been tested, which is the risk.
TOP PICK
Took their capital budget from $7 million up to $105 million. With that money, there will be tremendous growth both in oil and natural gas. Big reserves. Low-risk drilling.
BUY
Has lagged expectations. Great asset package. There are a number of key projects that are coming online in the short term. The Libya project should have some good growth.
BUY
Great trust. Focused in the Bakken region, the very prolific oil reservoir in Saskatchewan. Just increased their distribution and their capital budget by about $200 million.
BUY
World-class assets in Trinidad. Volatile because of the large wells they are drilling.
BUY
A real success story with the development of their Pod 1. Management did a fantastic job bringing that oil sands development into production. Now talking about expanding it up to 12,500 BOE's a day. Looking to revising their reserves and that may give the stock a boost.
BUY
Massive gas company. Acreage is among the absolute top deciles in gassy plays in the Montney region. An expensive multiple stock but the growth profile is an extremely impressive.
SELL
In the Montney region. A bit too much momentum behind it and too much air in the share price above the growth the company can deliver. Too expensive. It could still go up but she would suggest selling it and buying something else.
BUY
In the Montney area but have several other areas that they are using to grow their production. Management is well invested in the company.