Latest Expert Opinions

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
January 19, 2010
Photovoltaic modular developer. Big advantage is its technology that allows it to get better electricity yields. However, Photovoltaic is not competitive with most other electrical generation systems. Any large project needs government assistance or major capital.
Day4 Energy Inc. (DFE-T)
January 19, 2010
Photovoltaic modular developer. Big advantage is its technology that allows it to get better electricity yields. However, Photovoltaic is not competitive with most other electrical generation systems. Any large project needs government assistance or major capital.
Glenn MacNeill, P.Eng.
CIO & Sr. Portfolio Manager, Lawrence Asset Management
Price
$0.850
Owned
No
DON'T BUY
DON'T BUY
January 19, 2010
Excellent company and is in the most profitable play in Western Canada, PetroBakken. Produces light oil. Has gotten very expensive and there are other producers with better value. Recently reduced his position.
Excellent company and is in the most profitable play in Western Canada, PetroBakken. Produces light oil. Has gotten very expensive and there are other producers with better value. Recently reduced his position.
Glenn MacNeill, P.Eng.
CIO & Sr. Portfolio Manager, Lawrence Asset Management
Price
$39.450
Owned
Yes
BUY
BUY
January 19, 2010
Doesn't expect any problems when they change to a corp. Expected to distributions, but if not, adjustment will be slight. On an after-tax basis, you should end up in the same place.
Baytex Energy Corp (BTE-T)
January 19, 2010
Doesn't expect any problems when they change to a corp. Expected to distributions, but if not, adjustment will be slight. On an after-tax basis, you should end up in the same place.
Glenn MacNeill, P.Eng.
CIO & Sr. Portfolio Manager, Lawrence Asset Management
Price
$31.840
Owned
Yes
HOLD
HOLD
January 19, 2010
Eclectic mix of assets. Roughly 50% oil and gas, 50% financial and also 500,000 square feet leased real estate space, 2/3 industrial and 1/3 retail. Would like to see some strategies and growth mechanisms before buying.
AvenEx Energy Corp (AVF-T)
January 19, 2010
Eclectic mix of assets. Roughly 50% oil and gas, 50% financial and also 500,000 square feet leased real estate space, 2/3 industrial and 1/3 retail. Would like to see some strategies and growth mechanisms before buying.
Glenn MacNeill, P.Eng.
CIO & Sr. Portfolio Manager, Lawrence Asset Management
Price
$5.720
Owned
No
SELL
SELL
January 19, 2010
50/50 gas and oil. So big it has multiple strategies, which is a problem. He is contemplating reducing his holdings and taking advantage of other opportunities.
Enerplus Corp (ERF-T)
January 19, 2010
50/50 gas and oil. So big it has multiple strategies, which is a problem. He is contemplating reducing his holdings and taking advantage of other opportunities.
Glenn MacNeill, P.Eng.
CIO & Sr. Portfolio Manager, Lawrence Asset Management
Price
$24.500
Owned
Yes
DON'T BUY
DON'T BUY
January 19, 2010
Gas producers in a very expensive area. Have had a very rocky past. Put themselves up for sale but unable to complete it. Have a lot of debt.
Compton Petroleum (CMT-T)
January 19, 2010
Gas producers in a very expensive area. Have had a very rocky past. Put themselves up for sale but unable to complete it. Have a lot of debt.
Glenn MacNeill, P.Eng.
CIO & Sr. Portfolio Manager, Lawrence Asset Management
Price
$1.110
Owned
No
SELL
SELL
January 19, 2010
Assets across Western Canada, Gulf of Mexico and Yemen. Newest project is Long Lake, which has had a great deal of difficulty. Very difficult reservoir to develop needing Steam Assisted Gravity so have been unable to meet production projects. Refining looks very interesting. Better opportunities elsewhere.
Nexen Inc (NXY-T)
January 19, 2010
Assets across Western Canada, Gulf of Mexico and Yemen. Newest project is Long Lake, which has had a great deal of difficulty. Very difficult reservoir to develop needing Steam Assisted Gravity so have been unable to meet production projects. Refining looks very interesting. Better opportunities elsewhere.
Glenn MacNeill, P.Eng.
CIO & Sr. Portfolio Manager, Lawrence Asset Management
Price
$23.810
Owned
No