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| PAST TOP PICK | 0.001 | John Stephenson | (A Top Pick Mar 22/06. Up 3.5%.) Has been a challenging time for these big American internationals, despite the higher prices. Still likes the name. Has reasonable refining abilities. | 2006-06-28 | |
| TOP PICK | 139.300 | John Stephenson | Ultimately, you want to have some integrated producers. Inexpensive on a cash flow basis compared to its peers, and yet they’re increasing their reserves. Inexpensive. | 2006-03-22 | |
| TOP PICK | 144.750 | John Stephenson | Not a bad time to look at U.S. because the dollar has had a good run and it’s cheap. 3.6 X EBITDA compared to its competitors at the 5 range. Exposure to downstream the refining aspect. Doing very well with that. | 2006-02-03 |