Latest Expert Opinions

Signal
Opinion
Expert
BUY
BUY
August 1, 2013

A name he identified earlier in the year as a great investment. Now he likes it at these levels. It is heavy oil. Developed production technology that will serve shareholders well. Management is from much larger corporations. They know their way around heavy oil. Will be twice the size it is today in a year.

A name he identified earlier in the year as a great investment. Now he likes it at these levels. It is heavy oil. Developed production technology that will serve shareholders well. Management is from much larger corporations. They know their way around heavy oil. Will be twice the size it is today in a year.

Bill Bonner
President & Portfolio Manager, Brickburn Asset Management Inc
Price
$0.590
Owned
Yes
BUY
BUY
August 1, 2013

Bellwether company in its peer group. One of the largest intermediates. A growth profile 4 or 5 times its peer group. Risk is that it has some exposure to Nat Gas. He is pessimistic short term on Nat Gas.

Bellwether company in its peer group. One of the largest intermediates. A growth profile 4 or 5 times its peer group. Risk is that it has some exposure to Nat Gas. He is pessimistic short term on Nat Gas.

Bill Bonner
President & Portfolio Manager, Brickburn Asset Management Inc
Price
$41.350
Owned
Yes
HOLD
HOLD
August 1, 2013

The king among heavy oil companies. Assets have great depth to them. A great dividend player. A little better leverage in smaller names.

The king among heavy oil companies. Assets have great depth to them. A great dividend player. A little better leverage in smaller names.

Bill Bonner
President & Portfolio Manager, Brickburn Asset Management Inc
Price
$43.340
Owned
No
HOLD
HOLD
August 1, 2013

Moved sideways in anticipation of the equity issue they did that is now closed. Expensive wells that sometimes disappoint but they seem to have overcome that. Hold because you are in the way of some bigger players. When they prove more they could be a takeover target.

Moved sideways in anticipation of the equity issue they did that is now closed. Expensive wells that sometimes disappoint but they seem to have overcome that. Hold because you are in the way of some bigger players. When they prove more they could be a takeover target.

Bill Bonner
President & Portfolio Manager, Brickburn Asset Management Inc
Price
$1.930
Owned
No
WATCH
WATCH
August 1, 2013

When the price of Nat Gas slipped it didn’t make sense to own the company. Perhaps now they deserve a second look. It is on his watch list. He is neutral because of the gas presence. Watch them and take a look at the liquids content of their big project.

When the price of Nat Gas slipped it didn’t make sense to own the company. Perhaps now they deserve a second look. It is on his watch list. He is neutral because of the gas presence. Watch them and take a look at the liquids content of their big project.

Bill Bonner
President & Portfolio Manager, Brickburn Asset Management Inc
Price
$1.640
Owned
No
HOLD
HOLD
August 1, 2013

Held it higher up and then gave up. Now with Rick George at the helm this has definitely changed. The market is saying ‘show me’. Capital inefficiencies and a messy balance sheet. Dividend probably okay bit maybe new management tightens up. Take comfort in the quality of the asset base.

Obsidian Energy (OBE-T)
August 1, 2013

Held it higher up and then gave up. Now with Rick George at the helm this has definitely changed. The market is saying ‘show me’. Capital inefficiencies and a messy balance sheet. Dividend probably okay bit maybe new management tightens up. Take comfort in the quality of the asset base.

Bill Bonner
President & Portfolio Manager, Brickburn Asset Management Inc
Price
$12.420
Owned
Unknown
BUY
BUY
August 1, 2013

7% dividend. An excellent operating company that grew at a phenomenal rate. The dividend is safe. A rally is probably not too far away around the corner.

7% dividend. An excellent operating company that grew at a phenomenal rate. The dividend is safe. A rally is probably not too far away around the corner.

Bill Bonner
President & Portfolio Manager, Brickburn Asset Management Inc
Price
$39.470
Owned
Unknown