Latest Expert Opinions

Signal
Opinion
Expert
BUY WEAKNESS
BUY WEAKNESS
September 21, 2010
Favourable outlook for next 2 years. Light oil focused and good strategy. Potential for further development using water flood and other techniques in the Bakken. Have gone to the market too many times to raise equity capital for an acquisition. Metrics for this acquisition is $106,000 a flowing barrel where average is $70,000-$80,000. Wait for a better entry point.
Favourable outlook for next 2 years. Light oil focused and good strategy. Potential for further development using water flood and other techniques in the Bakken. Have gone to the market too many times to raise equity capital for an acquisition. Metrics for this acquisition is $106,000 a flowing barrel where average is $70,000-$80,000. Wait for a better entry point.
John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$36.630
Owned
No
WEAK BUY
WEAK BUY
September 21, 2010
Lots of land. Pays a decent dividend. Some good growth in front of them. Lagged their peers who have gone into horizontal drilling and fracing. Not a screaming buy, but a name you could hold.
Pengrowth Energy (PGF-T)
September 21, 2010
Lots of land. Pays a decent dividend. Some good growth in front of them. Lagged their peers who have gone into horizontal drilling and fracing. Not a screaming buy, but a name you could hold.
John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$10.770
Owned
No
TOP PICK
TOP PICK
September 21, 2010
One of the parties involved in the Gulf spill. Have one of the best US land operations anywhere and they are gaining share. Very sophisticated operations. Just had a blowout quarter with $.52 in earnings versus $.32 that was expected. Looking for 30%-35% upside.
Halliburton Co (HAL-N)
September 21, 2010
One of the parties involved in the Gulf spill. Have one of the best US land operations anywhere and they are gaining share. Very sophisticated operations. Just had a blowout quarter with $.52 in earnings versus $.32 that was expected. Looking for 30%-35% upside.
John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$31.830
Owned
Yes
TOP PICK
TOP PICK
September 21, 2010
Controversial but thinks it's time. Basic company and thesis remains intact. Some of the best oil/gas leases anywhere in the world. Will increasingly be a “go to” name. Can see 35%-40% upside.
BP PLC (BP-N)
September 21, 2010
Controversial but thinks it's time. Basic company and thesis remains intact. Some of the best oil/gas leases anywhere in the world. Will increasingly be a “go to” name. Can see 35%-40% upside.
John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$38.590
Owned
Yes
TOP PICK
TOP PICK
September 21, 2010
Oil focused. Announced a distribution cut, which was an overhang as no one knew what was going to happen. Have entered into several very smart joint ventures to develop fields and reserves that could add 1 billion barrels or more at virtually no cost to them.
Obsidian Energy (OBE-T)
September 21, 2010
Oil focused. Announced a distribution cut, which was an overhang as no one knew what was going to happen. Have entered into several very smart joint ventures to develop fields and reserves that could add 1 billion barrels or more at virtually no cost to them.
John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$19.610
Owned
Yes
COMMENT
COMMENT
September 21, 2010
Cheap. Petrobank (PBG-T) would be a better way to play it as they hold an interest in this plus Petrominerales (PMG-T). The problem with this stock was that they had over promised and under delivered.
Lightstream Resources (LTS-T)
September 21, 2010
Cheap. Petrobank (PBG-T) would be a better way to play it as they hold an interest in this plus Petrominerales (PMG-T). The problem with this stock was that they had over promised and under delivered.
John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$22.600
Owned
No
BUY
BUY
September 21, 2010
Heavy oil exposure in Albania. Initial concern was if they could meet exit guidance for the year and he feels reasonably confident that they will. Also potential for development to the west of them. Sitting on a very significant field.
Bankers Petroleum (BNK-T)
September 21, 2010
Heavy oil exposure in Albania. Initial concern was if they could meet exit guidance for the year and he feels reasonably confident that they will. Also potential for development to the west of them. Sitting on a very significant field.
John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$7.860
Owned
Yes