Latest Expert Opinions

Signal
Opinion
Expert
HOLD
HOLD
September 28, 2009
One of the largest companies of its kind. Production of just under 100,000 BOE a day, which is at the upper end. An improving visibility story.
Enerplus Corp (ERF-T)
September 28, 2009
One of the largest companies of its kind. Production of just under 100,000 BOE a day, which is at the upper end. An improving visibility story.
John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$24.400
Owned
Unknown
PARTIAL SELL
PARTIAL SELL
September 28, 2009
Hard to understand because it has a relatively high cost and convoluted ownership structure. Fairly gassy weighted. Doesn't seem to have any obvious catalyst to move it higher. Big upswing recently and he would be tempted to sell half your holdings.
Paramount Resources (POU-T)
September 28, 2009
Hard to understand because it has a relatively high cost and convoluted ownership structure. Fairly gassy weighted. Doesn't seem to have any obvious catalyst to move it higher. Big upswing recently and he would be tempted to sell half your holdings.
John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$14.260
Owned
Unknown
SPECULATIVE BUY
SPECULATIVE BUY
September 28, 2009
Equally weighted between gas and oil. A trader. If they can turn this name around quickly it would be good but wouldn't be a Hold. Not enough production to make it work.
Rock Energy Inc. (RE-T)
September 28, 2009
Equally weighted between gas and oil. A trader. If they can turn this name around quickly it would be good but wouldn't be a Hold. Not enough production to make it work.
John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$2.650
Owned
Unknown
BUY
BUY
September 28, 2009
Of all the Colombian oil/gas plays, this has probably the most potential upside in terms of its drilling inventory. This would be a Buy and Hold.
Petrominerales Ltd. (PMG-T)
September 28, 2009
Of all the Colombian oil/gas plays, this has probably the most potential upside in terms of its drilling inventory. This would be a Buy and Hold.
John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$14.820
Owned
Unknown
SPECULATIVE BUY
SPECULATIVE BUY
September 28, 2009
Speculative buy because it is a smaller cap name and smaller producer. Does have conventional production as well as oil sands in which 1st phase has been completed. Working on a 2nd phase with cash to see it through. Could benefit from a land grab in the oil sands as things start to recover globally.
Connacher Oil and Gas (CLC-T)
September 28, 2009
Speculative buy because it is a smaller cap name and smaller producer. Does have conventional production as well as oil sands in which 1st phase has been completed. Working on a 2nd phase with cash to see it through. Could benefit from a land grab in the oil sands as things start to recover globally.
John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$1.030
Owned
Unknown
BUY
BUY
September 28, 2009
Classic value play. Inexpensive on cash flow metrics, etc because they typically disappoint on production and earnings guidance 3 times out of 4. They are cheap enough that you can buy but they have had some issues. Could be some weakness in the short term.
Nexen Inc (NXY-T)
September 28, 2009
Classic value play. Inexpensive on cash flow metrics, etc because they typically disappoint on production and earnings guidance 3 times out of 4. They are cheap enough that you can buy but they have had some issues. Could be some weakness in the short term.
John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$24.750
Owned
Unknown
HOLD
HOLD
September 28, 2009
3 months ago it had a very promising future but it has had a really good run.
3 months ago it had a very promising future but it has had a really good run.
John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$4.570
Owned
Unknown