| BUY | 21.650 | Lyle Stein | 12% yield. Has utility type income. Stable cash flows. Great name to diversify into. | 2008-09-09 | |
| WEAK BUY | 22.510 | Robert Lauzon | Pays distributions on a quarterly basis. Yield of over 11%. Fairly stable set of assets. Payout ratio is higher than he likes. Buy as part of a basket of power trusts. Going out to when their Power Purchase Agreements expire, their assets are not hydrology but have a lot of gas-fired plants which require capital expenditure every 15 years or so. | 2008-04-28 | |
| TOP PICK | 22.690 | Kevin Hall BComm, CFA | Had been beaten up quite a bit but recently had a nice little recovery. Well diversified across 20 different power facilities through natural gas, hydro and biomass. Market has over penalized and it is cheap. Over 11% yield. Defensive. | 2007-12-04 | |
| BUY | 20.820 | Michele Robitaille | Thinks distribution is safe. Has been really beaten up here. Investors are concerned about their US$ exposure but they have hedges on about 70% of their cash flow. 50% stake in Primary Energy recycling (PRI.UN-T), which suspended their distributions, but expects it will be reinstated. Yield of about 12%. | 2007-11-28 | |
| BUY | 22.550 | Michael Simpson, CFA | Diversified with both natural gas and coal. They have a 15% interest in Primary Energy (PRI.UN-T), which recently released some bad results. At these levels it represents very good value for the long term. | 2007-11-08 | |
| HOLD | 24.480 | Patrick Kim | Dividend is fairly safe. Have had concerns about some of their long-term contracts as to whether they will be able to roll them over at the current attractive rates. Should be okay for a couple of years. Well diversified asset base. | 2007-09-21 | |
| HOLD | 25.320 | John Stephenson | A decent name to hold. With these contractually based, electric generating utility type assets, there is an issue where there is so much cash flow being paid out that it is interest-rate sensitive. 10% yield is very safe. | 2007-08-08 | |
| Comment | 27.060 | Leslie Lundquist | Power generator with assets both in Canada and the US. Many of the assets are fired by natural gas, whose prices have gone up faster than power contracts. In the short term, there is very little risk, but longer term you have to wonder about the currency exposure. | 2007-07-25 | |
| Comment | 26.660 | Michael Decter | Recent environmental policy decisions seem to penalize the people who have done the most. They're going to have to reduce emissions. Pretty solid value at 8 X cash flow. | 2007-06-20 | |
| HOLD | 26.560 | Neil Wickham | Yield of about 9.5%. As a little bit higher debt level than others, but as a utility, the cash flow is pretty reliable. It should continue to prosper because of electricity needs. | 2007-03-20 | |
| BUY | 26.280 | David Baskin | One of the better trusts and better yields in that sector. You have another good 3 years to own. | 2007-03-14 | |
| BUY | 25.600 | David Baskin | Thinks it was oversold. Very good value. | 2007-02-13 | |
| BUY | 26.710 | John Stephenson | Feels the distribution is safe. Expects some modest increase in valuation. | 2007-01-05 | |
| Comment | 24.750 | Ben Cheng | Still trading a bit expensive to where its corporate counterparts are trading. Expecting further pull back. However, more clarification is needed from the government as to what the trusts can do going forward. If they have a 4 year window to raise capital, they may be OK. | 2006-12-01 | |
| BUY | 24.970 | Michael Decter | Likes this and has been buying a little bit at these prices. As some growth potential ahead of its in adding some assets and revenue. Good value. | 2006-11-24 | |
| HOLD | 25.000 | David Baskin | Took a huge hit. No compelling reason to sell at this price. Will gradually come back to where it should be. | 2006-11-21 | |
| BUY | 27.300 | Patrick Kim | The infrastructure trusts in general, including this one, will outperform a lot of the regular business trusts. A very high-quality name. | 2006-11-01 | |
| BUY | 32.750 | Robert Lauzon | A dull boring company, providing power. You won’t hit a home run with this, but if you are looking for 7%-8% return each year, it will work for. | 2006-10-20 | |
| BUY | 31.100 | Leslie Lundquist | Distribution yield a little over 8%. Has dropped quite a bit since the beginning of the year. There is some fear on power units that are sometimes fed by natural gas. This one has long-term fuel contracts. | 2006-05-17 | |
| BUY | 33.300 | Robert Lauzon | Raised some money to buy a power plant from their parent. It is S1 rated which means that it is one of the most stable trusts. Yield is about 7%. Won't make a lot of money on it, but it is stable. | 2006-04-07 | |
| BUY | 33.800 | Ravi Sood | Likes this trust in the utilities sector. Distribution is very sustainable. | 2006-02-10 | |
| BUY | 36.300 | Ravi Sood | Very stable distribution. High degree of stability. Don’t look for much growth. Relatively inexpensive relative to its peers. | 2005-12-09 | |
| WEAK BUY | 36.800 | Leslie Lundquist | Usewd to be Trans Canada LP and was sold to Epcor. Very highly rated by the rating agencies. These units won't set the world on fire. You won't get super high returns out of these but you should get a very stable distribution stream. Expect that Epcor will roll some plants into the LP structure which should give some distribution increases. | 2005-09-16 | |
Experts that have talked about Epcor Power L.P.
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