Latest Expert Opinions

Signal
Opinion
Expert
BUY
BUY
December 4, 2013

This should be a name that you buy and put away. Likes that it is becoming more free cash flow positive and, is hinting to the markets, that dividends and greater dividends are important.

Suncor Energy Inc (SU-T)
December 4, 2013

This should be a name that you buy and put away. Likes that it is becoming more free cash flow positive and, is hinting to the markets, that dividends and greater dividends are important.

Robert Lauzon
Deputy Chief Investment Officer, Middlefield Capital Corporation
Price
$37.110
Owned
Yes
TOP PICK
TOP PICK
December 4, 2013

(A Top Pick Oct 26/12. Down 10.64%.) These smaller stocks have lots of volatility. Canada Pension Plan basically de-risked the story through their debt deal of around $60 million. This money can be used to pay down their bank line but now have running room to finance some pretty exceptional growth, moving them from 10,000 barrels to 20,000 barrels over the next few years. Getting liquid rich gas wells in the Montney. Easily worth $2 a share.

(A Top Pick Oct 26/12. Down 10.64%.) These smaller stocks have lots of volatility. Canada Pension Plan basically de-risked the story through their debt deal of around $60 million. This money can be used to pay down their bank line but now have running room to finance some pretty exceptional growth, moving them from 10,000 barrels to 20,000 barrels over the next few years. Getting liquid rich gas wells in the Montney. Easily worth $2 a share.

Robert Lauzon
Deputy Chief Investment Officer, Middlefield Capital Corporation
Price
$1.730
Owned
Yes
TOP PICK
TOP PICK
December 4, 2013

Acquired a private company that adds a lot of bench strength to their inventories. Good management with their most important objective being the sustainability of the dividend. They are hedging production. Heavy oil differentials will narrow over the next quarter, benefiting the price. Can see the stock moving to $2.50 in short order. Yield of 8.73%.

Twin Butte Energy (TBE-T)
December 4, 2013

Acquired a private company that adds a lot of bench strength to their inventories. Good management with their most important objective being the sustainability of the dividend. They are hedging production. Heavy oil differentials will narrow over the next quarter, benefiting the price. Can see the stock moving to $2.50 in short order. Yield of 8.73%.

Robert Lauzon
Deputy Chief Investment Officer, Middlefield Capital Corporation
Price
$2.240
Owned
Yes
TOP PICK
TOP PICK
December 4, 2013

This has been under-owned institutionally but the wells they have been drilling recently, with new completion techniques, have been boomers. Have some running room here and he feels they can drill up to 100 wells in Big Stone East and they haven’t even cracked Big Stone West yet. An under-owned story. As gas goes higher, you will get some big buyers coming into the story. No dividend.

This has been under-owned institutionally but the wells they have been drilling recently, with new completion techniques, have been boomers. Have some running room here and he feels they can drill up to 100 wells in Big Stone East and they haven’t even cracked Big Stone West yet. An under-owned story. As gas goes higher, you will get some big buyers coming into the story. No dividend.

Robert Lauzon
Deputy Chief Investment Officer, Middlefield Capital Corporation
Price
$1.640
Owned
Yes
SELL
SELL
December 4, 2013

You have a big moving ship here with new management moving in. Laying off employees and dealing with a lot of issues that is taking their eye off the ball. Trying to divest assets in a market that is flooded with assets that are for sale. Have some heavy lifting in front of them. This is the perfect time of the year where you could sell your holdings and crystallize a tax loss.

Obsidian Energy (OBE-T)
December 4, 2013

You have a big moving ship here with new management moving in. Laying off employees and dealing with a lot of issues that is taking their eye off the ball. Trying to divest assets in a market that is flooded with assets that are for sale. Have some heavy lifting in front of them. This is the perfect time of the year where you could sell your holdings and crystallize a tax loss.

Robert Lauzon
Deputy Chief Investment Officer, Middlefield Capital Corporation
Price
$9.140
Owned
Unknown
HOLD
HOLD
December 4, 2013

Likes this here. Heavy oil producer, which runs about $30 right now versus WTI. Thinks this will narrow to $20-$25 by March, so there should be some tailwinds on this one. (See Top Picks.)

Baytex Energy Corp (BTE-T)
December 4, 2013

Likes this here. Heavy oil producer, which runs about $30 right now versus WTI. Thinks this will narrow to $20-$25 by March, so there should be some tailwinds on this one. (See Top Picks.)

Robert Lauzon
Deputy Chief Investment Officer, Middlefield Capital Corporation
Price
$42.000
Owned
Unknown
BUY
BUY
December 4, 2013

If Iran situation is settled, they could just flood the market. How would this affect this stock? Iran is not going to open up any floodgates in the next 6 months to a year, so there is nothing to worry about here. Also to operationally get things back on track, would take some time. He would worry more about production out of Iraq over the next 2-3 years, affecting the global energy market. Feels this company could actually increase their current 6.8% dividend.

If Iran situation is settled, they could just flood the market. How would this affect this stock? Iran is not going to open up any floodgates in the next 6 months to a year, so there is nothing to worry about here. Also to operationally get things back on track, would take some time. He would worry more about production out of Iraq over the next 2-3 years, affecting the global energy market. Feels this company could actually increase their current 6.8% dividend.

Robert Lauzon
Deputy Chief Investment Officer, Middlefield Capital Corporation
Price
$40.360
Owned
Yes