| BUY | 1.200 | Jennifer Stevenson | Compelling valuation. NAV is easily $1.75 or even $2 if you want to plan on a bigger gas price. Have a huge land package. Could be a takeover target down the road. | 2008-05-13 | |
| BUY | 0.910 | Joanne A. Hruska, CFA | Cheap. Good management good assets. Seniors, intermediates and larger juniors have moved and the smaller juniors will now start to move. This will be one of the ones. Starting a new play in the Manville (?) formation, which is starting to work. If there is continued success here, the stock could be $1.50. | 2008-04-14 | |
| BUY | 0.750 | Joanne A. Hruska, CFA | Really respects management. They were shallow gas players and are breaking out of that. Thinks that some of the junior gas plays are starting to follow the intermediates up. Really cheap. | 2008-02-22 | |
| BUY | 0.840 | Joanne A. Hruska, CFA | Very strong management. Have been moving from shallow gas into deeper wells and a little more oil. Good prices. They will not have debt issues. | 2007-12-05 | |
| BUY | 0.880 | Robert Floyd | Trading at 2X cash flow and have started a buyback program. Analysts are looking for a much higher price. More exposed to gas in the past and are trying to exploit more of their oil assets for a more balanced approach. More growth expected. | 2007-11-14 | |
| BUY | 1.460 | Glenn MacNeill, P.Eng. | A gas producer. Has a lot of long-life properties around the Medicine Hat area. Have been increasing production more recently. Has suffered with softer gas prices. Buy this on low gas prices. | 2006-09-08 | |
| WAIT | 1.740 | Joseph Schachter | Endev Energy is in the shallow area of S.E. Alberta. He is concerned that the company has not had the increase in production. Decline rates have been high. They are spending lots of money. He is researching this stock at this time and waiting to see the results of the end of the year. Not convinced the company has executed the way they should have. | 2006-03-09 | |
| BUY | 2.070 | Glenn MacNeill, P.Eng. | Mainly a gas driller in south/east Alberta. The growth has been very good recently. Have recently added more production. A more conservative, slower growth pattern. | 2006-01-18 | |
| BUY | 2.220 | Glenn MacNeill, P.Eng. | Have gas production in the Medicine Hat area. Feels they will grow their production. Making good discoveries. | 2005-12-14 | |
| BUY | 1.730 | David Cockfield | Has gone through some various management changes. Had a reconstruction reorganization. Numbers have been looking better on the production side. Has some potential looking into late summer and fall. | 2005-08-18 | |
| WEAK BUY | 1.730 | Bruce Campbell | A small junior oil/gas which had some previous disappointments. Prefers others. | 2005-08-18 | |
| HOLD | 1.580 | Joseph Schachter | Have a very big acreage in SE Alberta. Good growth in BOE's a day. Should be doing about $0.50 in cash flow by the end of this year. Have a shallow cash field and are trying to go deeper. | 2005-06-20 | |
| BUY | 1.330 | Joseph Schachter | Recommending it to clients at this price. Finally has some decent growth. New management team. Sees them averaging about 4200 BOE's a day, may be exiting at 4700/4800 which would be a record volume. Using $0.38 cash flow for the year, $0.45 by the end of the year. | 2005-05-06 | |
| BUY | 1.540 | Joseph Schachter | Doing about 4500 BOE's a day at the end of the year. Will be flat for the next couple of quarters. Expects them to exit at 5200 BOE's. They plan on going deeper. Balance sheet is in pretty good shape. | 2005-03-31 | |
| TOP PICK | 1.490 | Joseph Schachter | A turnaround story. They stumbled 1 1/2 years ago while bringing on a shallow gas play in Medicine Hat. Management has been changed for people who know the area. Will be going for deeper wells. Production has gone higher than he expected. Feels they will exit the year with 5,200 BOE's a day and $0.44 cash flow. | 2005-02-14 | |
| DON'T BUY | 1.040 | Robert Lyon | Had a major hiccup in terms of production. Prefers others. | 2005-01-11 | |
| BUY | 1.040 | Robert Floyd | Feels that a lot of senior oils are in trouble by having a lot of difficulty in replenishing their reserves. Juniors are able to grow their companies a lot more effectively with growth in production and commodity prices. In the juniors, likes True Energy, Gentry and Endev. | 2004-12-17 | |
| WATCH | 1.030 | Joseph Schachter | Stock is undervalued. Very good value. Not high risk. | 2004-09-22 | |
| DON'T BUY | 1.050 | Werner Muehelemann | Had some wells that froze last winter and didn't come back so production fell rapidly. It's shallow gas, so a higher risk. | 2004-09-07 | |
| SELL | 0.950 | Peter Linder | Doesn't like. Where there's smoke, there's fire. Very shallow gas wells. | 2004-08-19 | |
| DON'T BUY | 0.890 | Robert Lyon | Looking to be bought out but no one is interested which is not a good sign. You have to be careful when trying to pick a turnaround play. | 2004-08-05 | |
| WATCH | 0.890 | Joseph Schachter | Had some problems. Some lacking wells. | 2004-07-09 | |
| TOP PICK | 1.050 | Joseph Schachter | 70%+ of the Company is natural gas. Last year did 2857 BOE's a day. A large amount that was supposed to come on in Nov/03 didn't come on until Jan/04 and the stock got hammered. Should be over 4000 by the end of the summer and more than 4500 by year end. | 2004-05-19 | |
| DON'T BUY | 1.180 | David Cockfield | A walking wounded. Good management and good land position but haven't been able to keep production up. | 2004-05-12 | |
| DON'T BUY | 1.400 | Joseph Schachter | Stock dropped by 30% because they reported their production numbers were way below expectations. Expect them to increase their BOE's by the end of this year. Good management. | 2004-04-02 | |
| BUY | 2.210 | Glenn MacNeill, P.Eng. | Traded very quickly up into the $2 level. Probably was overvalued at that time. Drilling almost 100 per year, low cost gas wells and taking their BOE up to almost 5000 barrels by year-end. Should grow into its lofty price. | 2003-11-05 | |
| DON'T BUY | 2.210 | Joseph Schachter | Has done spectacularly well. Has some upside to $2.40, but they need to start showing some growth. Good management. A “show me” stock. | 2003-11-05 | |
| TOP PICK | 2.160 | Peter Linder | Virtually 100% natural gas. Drilling very shallow wells in southeast Alberta. 100% success rate. They have 100 wells to drill over the next year or so. | 2003-10-17 | |
| BUY | 1.850 | Glenn MacNeill, P.Eng. | Its strategy for increasing its value has been relatively low risk, shallow wells in the Medicine Hat area. Expect growth from 3000 to 5000 barrels a day. | 2003-09-24 | |
| HOLD | 1.950 | David Cockfield | About 60% gas. Has had good run ups but now is moving sideways. A good junior. | 2003-08-28 | |
| DON'T BUY | 1.780 | Peter Linder | Predominately natural gas.A very expensive stock.Don't see much upside going forward. | 2003-08-06 | |
| BUY | 1.900 | David Cockfield | Relatively new. 60% gas. Good management. A speculative buy. | 2003-06-26 | |
| BUY | 0.690 | Glenn MacNeill, P.Eng. | Good management. Low price. | 2002-09-17 | |
Experts that have talked about Endev Energy