Latest Expert Opinions

Signal
Opinion
Expert
BUY
BUY
July 23, 2010
Likes the name. Screens very well on all the metrics and tends to be one of the cheaper trusts. Reasonably solid balance sheet. His preference is Baytex (BTE.UN-T) and Arc Energy (AET.UN-T)
Likes the name. Screens very well on all the metrics and tends to be one of the cheaper trusts. Reasonably solid balance sheet. His preference is Baytex (BTE.UN-T) and Arc Energy (AET.UN-T)
John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$9.160
Owned
No
BUY
BUY
July 23, 2010
7%+ dividend should be safe. Real upside potential for this company is their key position in the Bakken and their ability to increase production and recoveries by water flooding.
7%+ dividend should be safe. Real upside potential for this company is their key position in the Bakken and their ability to increase production and recoveries by water flooding.
John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$37.650
Owned
Unknown
BUY
BUY
July 23, 2010
Lagged because it had a reputation of missing guidance and also issuing too much equity to pay for expansion. This is all behind it and it seems to have enough cash flow from existing operations to meet current commitments. Keystone pipeline is a little bit of a mixed bag south of the border but initial phases are contributing to cash flow. Very solid name. (See Top Picks.)
TC Energy (TRP-T)
July 23, 2010
Lagged because it had a reputation of missing guidance and also issuing too much equity to pay for expansion. This is all behind it and it seems to have enough cash flow from existing operations to meet current commitments. Keystone pipeline is a little bit of a mixed bag south of the border but initial phases are contributing to cash flow. Very solid name. (See Top Picks.)
John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$36.620
Owned
Yes
COMMENT
COMMENT
July 23, 2010
Being acquired by Total (TOT-N). If you own, you should tender, as he doesn't expect there will be another competing offer.
UTS Energy (UTS-T)
July 23, 2010
Being acquired by Total (TOT-N). If you own, you should tender, as he doesn't expect there will be another competing offer.
John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$3.700
Owned
Unknown
BUY
BUY
July 23, 2010
A good stock but not a screaming buy. It is reasonably fairly valued. They have to bring on some more production at Great Divide. One potential catalyst is that it is a logical acquisition down the road by a large foreign player.
A good stock but not a screaming buy. It is reasonably fairly valued. They have to bring on some more production at Great Divide. One potential catalyst is that it is a logical acquisition down the road by a large foreign player.
John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$1.380
Owned
Unknown
BUY
BUY
July 23, 2010
Should do fairly well in relation to previous quarters. Have had a heck of a last 3-4 quarters with fires at the various upgraders, which cut off a third to two thirds of their production.
Should do fairly well in relation to previous quarters. Have had a heck of a last 3-4 quarters with fires at the various upgraders, which cut off a third to two thirds of their production.
John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$33.380
Owned
Unknown
HOLD
HOLD
July 23, 2010
Has to show investors what it can do, a “show me” story. Investors like this one a lot. Excellent management team. Some real prospectivity in Peru. Real catalyst is Colombia where it has a lot of acreage. Lots of cash.
Has to show investors what it can do, a “show me” story. Investors like this one a lot. Excellent management team. Some real prospectivity in Peru. Real catalyst is Colombia where it has a lot of acreage. Lots of cash.
John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$6.000
Owned
No