DON'T BUY
Recently became public at $18 but has now dropped below $14. It was priced at the top end of the range. His valuation shows this is worth $10-$13 range. Currently has no production and until it is up and running, the price will be uncertain.
BUY ON WEAKNESS
Has had a good run. If you saw up old back in the order of 10% or so, it would be a Buy.
BUY
A must own stock. The big driver of this is Horizon, which will generate about $3 billion in free cash flow over the next 3 years.
COMMENT
If your timeframe is 3 or 4 years, then this is a hold. If your timeframe is less than a year, you shouldn't hold it. Eventually they are going to commission Kearl, their oil sands project and this will be a catalyst for it to move up.
DON'T BUY
Doing a strategic review so looking at all the terms including selling the company. He would be cautious on this one. Have some good acreage but have to prove up a lot of it and bring it into development, which means capital.
HOLD
(Market Call Minute.) Range bound that $17-$18.
BUY
(Market Call Minute.) A Quebec shale play. Good drill results. Talisman (TLM-T) is a partner.
BUY
(Market Call Minute.) One of the better names. Growthy.
BUY
(Market Call Minute.) Very solid. One of the best trusts there is. Has a lock on the Montney.
HOLD
(Market Call Minute.) Has improved over time and he is inching toward a Buy but currently a Hold.