Latest Expert Opinions

Signal
Opinion
Expert
COMMENT
COMMENT
July 23, 2010
Pengrowth Energy (PGF.UN-T) or Peyto Energy Trust (PEY.UN-T)? 8% yield, which is to continue next year. Both are gas weighted but Peyto has a better set of land and has been demonstrably better in proving up value over time. Pengrowth has a resource base that they have yet to prove up and develop. Prefers Peyto.
Pengrowth Energy (PGF.UN-T) or Peyto Energy Trust (PEY.UN-T)? 8% yield, which is to continue next year. Both are gas weighted but Peyto has a better set of land and has been demonstrably better in proving up value over time. Pengrowth has a resource base that they have yet to prove up and develop. Prefers Peyto.
John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$10.150
Owned
Unknown
COMMENT
COMMENT
July 23, 2010
Pengrowth Energy (PGF.UN-T) or Peyto Energy Trust (PEY.UN-T)? 9.3% yield, which is to drop to 7% next year. Both are gas weighted but this one has a better set of land and has been demonstrably better in proving up value over time. Prefers Peyto.
Pengrowth Energy (PGF.UN-T) or Peyto Energy Trust (PEY.UN-T)? 9.3% yield, which is to drop to 7% next year. Both are gas weighted but this one has a better set of land and has been demonstrably better in proving up value over time. Prefers Peyto.
John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$15.610
Owned
Unknown
BUY
BUY
July 23, 2010
Been disappointing for the last little while. Still a bit of a “show me” story. Big issue has been that they just haven't delivered in line with their guidance but they are cheap and attractive and have some decent holdings. Good assets and good management.
Been disappointing for the last little while. Still a bit of a “show me” story. Big issue has been that they just haven't delivered in line with their guidance but they are cheap and attractive and have some decent holdings. Good assets and good management.
John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$43.920
Owned
Unknown
DON'T BUY
DON'T BUY
July 23, 2010
Potential takeover candidate but any acquirer would realize the Long Lake reservoir has been disappointing. Nexen (NXY-T) is the operator and has 54 submersible pumps trying to bring up more production but it is very slow.
Potential takeover candidate but any acquirer would realize the Long Lake reservoir has been disappointing. Nexen (NXY-T) is the operator and has 54 submersible pumps trying to bring up more production but it is very slow.
John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$1.690
Owned
Yes
BUY
BUY
July 23, 2010
Earnings are up but the stock keeps on falling. Getting tarred with the same brush as the Halliburtons of the world. There is a question in people's minds as to what is going to happen in the Gulf of Mexico and is the moratorium going to be extended. This is an opportunity.
Earnings are up but the stock keeps on falling. Getting tarred with the same brush as the Halliburtons of the world. There is a question in people's minds as to what is going to happen in the Gulf of Mexico and is the moratorium going to be extended. This is an opportunity.
John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$59.350
Owned
Unknown
HOLD
HOLD
July 23, 2010
Has upside from here. Trading at a number of multiple points below Crescent Point (CPG-T) which is also in the Bakken. This is something you can hold onto. Looking for a minimum of 20% upside in the course of a year.
Has upside from here. Trading at a number of multiple points below Crescent Point (CPG-T) which is also in the Bakken. This is something you can hold onto. Looking for a minimum of 20% upside in the course of a year.
John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$23.260
Owned
Yes
HOLD
HOLD
July 23, 2010
In the Bakken, which is a hot play so it should do quite well. Experienced and one of the best operators out there.
In the Bakken, which is a hot play so it should do quite well. Experienced and one of the best operators out there.
John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$102.330
Owned
No