Latest Expert Opinions

Signal
Opinion
Expert
COMMENT
COMMENT
August 6, 2008
An emerging oils sands play. Getting some production from its Great Divide project. Has a refining piece in Montana. It is so prospective in terms of its development and so small. History of oil sands has been cost overruns and operation difficulties. Seasoned management team but not as focused as they could be.
An emerging oils sands play. Getting some production from its Great Divide project. Has a refining piece in Montana. It is so prospective in terms of its development and so small. History of oil sands has been cost overruns and operation difficulties. Seasoned management team but not as focused as they could be.
John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$4.040
Owned
Unknown
BUY
BUY
August 6, 2008
Very large oil/gas producer that ranks #5 in the country. In spite of all the volatility, royalty trusts have done pretty well because you are getting paid to wait. Because of its size, scale and experience it should be a successful corporation when trusts have to change. 13% yield.
Obsidian Energy (OBE-T)
August 6, 2008
Very large oil/gas producer that ranks #5 in the country. In spite of all the volatility, royalty trusts have done pretty well because you are getting paid to wait. Because of its size, scale and experience it should be a successful corporation when trusts have to change. 13% yield.
John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$30.320
Owned
Unknown
DON'T BUY
DON'T BUY
August 6, 2008
Inexpensive. Strategy has become a little more focused. Widely rumoured as a possible takeover target. New CFO typically is a sign of strategy building rather than a sales strategy. Little bit higher in their operating costs, which is why they look so cheap on a cash flow basis. Acquisition in Kurdistan is a huge issue in credibility too.
Talisman Energy (TLM-T)
August 6, 2008
Inexpensive. Strategy has become a little more focused. Widely rumoured as a possible takeover target. New CFO typically is a sign of strategy building rather than a sales strategy. Little bit higher in their operating costs, which is why they look so cheap on a cash flow basis. Acquisition in Kurdistan is a huge issue in credibility too.
John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$18.250
Owned
Unknown
BUY
BUY
August 6, 2008
Believes that oil demand is growing globally compared to North America and this one is at a good price.
Believes that oil demand is growing globally compared to North America and this one is at a good price.
John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$79.280
Owned
Unknown
HOLD
HOLD
August 6, 2008
Have a large potential find that they need to develop and it’s a financing issue. Whether they can make a go of that is an open question and they probably will. It’s going to be a little bit of tough sledding.
Have a large potential find that they need to develop and it’s a financing issue. Whether they can make a go of that is an open question and they probably will. It’s going to be a little bit of tough sledding.
John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$2.310
Owned
Unknown
TOP PICK
TOP PICK
August 6, 2008
Looking at really difficult times in the market. US have got huge problems. Banking situation is more serious than people realize. Fed’s balance sheet is starting to look worse than CitiGroup’s (C-N) as they are exchanging treasuries for garbage mortgages.
CASH (CASH)
August 6, 2008
Looking at really difficult times in the market. US have got huge problems. Banking situation is more serious than people realize. Fed’s balance sheet is starting to look worse than CitiGroup’s (C-N) as they are exchanging treasuries for garbage mortgages.
John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$0.010
Owned
Yes
TOP PICK
TOP PICK
August 6, 2008
Best in breed. Likes their new strategy of splitting the company, which will unlock value over time.
Encana Corp (ECA-T)
August 6, 2008
Best in breed. Likes their new strategy of splitting the company, which will unlock value over time.
John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$73.910
Owned
Yes