(A top pick July 19/17, down 21%) Is a pure play Canadian pressure pumper. Concerns were weak natural gas pricing and lowering of capital expense spending. They have been successful at share buybacks. Are being encouraged not to buy new equipment but continue to buy back stock. Trading at about 25% free cash flow yield.

(A top pick July 19/17, down 30%) Was lowest risk frac sand producer but did not work out. He exited last year.

(A top pick July 19/17, up 8%) This is a significant weighting for him. Confidant they will beat Q2 results and increase guidance this year. Could be a $45 stock if he is right in his $80 oil price prediction.

Payout ratio is about 20%. No concern about dividend. Not going to hit enough institutional screens to get a meaningful uplift. Would be challenged to have this stock double. There are other stocks with more upside.

Got propelled from investor activism. Middle of the pack for him. He sees moderate leverage. He has been hung up on the nature of their assets, they are longer in the tooth. Higher cost operations. Sees 46% upside at $80 oil and a 27% upside at $70 oil.

They have a lot of debt and have been slowly trying to pay it down. If bullish in this sector, there are other stocks to look at. Financial risk exceeds his comfort level. No dividend.

Trying to monetize their existing producing assets and become an exploration company. Is there a buyer for these assets in Columbia? People have been selling the stock because this is a very significant shift.