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| TOP PICK | 79.950 | Matthew McCall | Has owned it for several years, believes oil has hit it's bottom and thinks that oil will go back to $70 - $80 per barrel. Buy it on a pull back, (he paid $65-$66) | 2008-12-15 | |
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| DON'T BUY | 81.540 | Glenn MacNeill, P.Eng. | A pretty volatile stock. A massive company. Doesn't expect a big bump-up in the near future. Will trade with the oil market. | 2008-07-18 | |
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| BUY | 92.600 | David Cockfield | (Market Call Minute.) Recent results where excellent. | 2008-04-24 | |
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| Comment | 90.800 | Michael Sprung | Recently did a couple of joint ventures in Hungary, but to them this is not significant in the scheme of things. It's a very interesting project. | 2008-04-15 | |
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| BUY | 92.130 | David Baskin | Some strength in the US chemical industry.
Unbelievable level of profitability there.
Not a bad buy. (Wait and see the earnings.) | 2007-10-23 | |
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| PAST TOP PICK | 87.900 | John Stephenson | (A Top Pick Aug 21/06. Up 24.1%.) Very conservatively managed. Wouldn't put new money into this one. There are others he likes better at this time. | 2007-08-08 | |
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| DON'T BUY | 91.940 | Mike Lyons CA, CFA | Can’t see enough growth in the stock price in the future. Dividend yield under 2%. | 2007-07-20 | |
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| DON'T BUY | 81.960 | Brian Acker, CA | 7% positive differential
But if you aren't hedged don't buy. | 2007-06-07 | |
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| DON'T BUY | 84.220 | Ross Healy | In general would not buy a US stock.
It's a slow moving stock and is overwhelmed by the raise of the Canadian dollar.
All the oils are trading the same way. So there is no reason to buy a US oil when there are Canadian oils that are trading the same way.
| 2007-06-01 | |
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| BUY | 74.490 | Jim O'Shaughnessy | Epitome of a market leader that has both high shareholder and high dividend yields. Profitability has remained extraordinarily strong in spite of declining oil prices. Not a growth name, but a conservative, core blue chip holding that has a value profile. Does business in virtually every country, so limited currency risk. | 2007-01-23 | |
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| TOP PICK | 69.830 | John Stephenson | Relatively inexpensive compared to its peers. Has virtually no debt on its balance sheet. Free cash flow of about $21 billion US. Diversified globally. Replacing its reserves at about 109% a year. | 2006-08-21 | |
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| DON'T BUY | 67.000 | Michael Sprung | Hasn't bothered with gas/oil companies out of NYSE, as there are so many choices in Canada. This way, he doesn't fight the currency exchange. Fairly expensive. | 2006-07-28 | |
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| BUY | 62.420 | Brian Acker, CA | He has a model price of $77.31, a 24% positive differential. | 2006-04-27 | |
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| DON'T BUY | 61.120 | Paul Harris, CFA | Canadian $is going to get stronger from here so there is a currency factor. If you like the oil sector, and want to be in an integrated, there are lots of Canadian companies where you will do well. | 2006-03-30 | |
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| BUY | 60.210 | John Stephenson | In spite of currency differences, owning this is a better value than owning Imperial Oil (IMO-T). Has done an incredibly good job of maintaining its reserve life. A cash generating machine. | 2006-01-25 | |
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| WEAK BUY | 56.430 | Mark Jackson, CFA | Have $5 US cash and this could be turned back in the form of a dividend or stock buy back. Will probably use some of it for exploration. All the big oil companies have a lot of cash on hand now. Would rather look to something like Encana (ECA-T) which has more leverage to gas. | 2005-11-15 | |
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| HOLD | 59.900 | Brad Willock | A little bit expensive, but not too expensive. They'll be printing money over the next little while because of their refining margins. | 2005-08-31 | |
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| BUY | 58.310 | John Stephenson | Exxon (XOM-N) versus Conoco (COP-N). Exxon has the best capital discipline of the US majors. Has a very high return on capital employed (ROCE). Conoco is one of the worst, largely because they overpaid for some of their acquisitions. Haven't had particularily good numbers on their refining and marketing side. | 2005-06-30 | |
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| WEAK BUY | 57.150 | Paul Harris, CFA | Throws off lots of cash flow. Very solid company. A premier stock in the US. If you want to be in oil and want to play it safer, this is probably the route to go. 2% dividend. | 2005-06-03 | |
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| TOP PICK | 50.150 | Liz Ann Sonders | 3 favourite sectors are energy, health care and telecommunications, so TOP PICKS are in these categories. There will be more volatility with the fluctuation in commodity price. This is a safer way to play energy. | 2004-12-10 | |
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| TOP PICK | 48.700 | Robert Stovall | Earning at a peak level. Can afford to raise its dividend. | 2004-10-22 | |
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| BUY | 48.750 | John Stephenson | Offers good return to long term investors. Trades at a discount. Usually trades at a 5 X cash flow multiple, but currently trades in the 4.8 X range. | 2004-10-18 | |
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| DON'T BUY | 49.740 | Brian Acker, CA | One of the greatest companies in the world. Put away for 10/15 years. Overvalued at this time. Would prefer ConocoPhillips at this time. | 2004-10-07 | |
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| HOLD | 46.300 | Brian Acker, CA | Model price is $43.80. Overpriced. One of the best run companies. Have raised their dividends. | 2004-07-30 | |
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| BUY | 45.900 | David Burrows | The large cap oil and gas companies are performing very well. | 2004-07-20 | |
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| WEAK BUY | 43.980 | Brad Willock | Like the stock a lot. Too big to go up quickly. Very well managed. Dividend is likely to grow | 2004-06-11 | |
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| PAST TOP PICK | 43.980 | John Stephenson | (A top pick Dec 23/03. Up 9.3%.) Still likes. Extremely low debt levels. Reasonable dividend. | 2004-06-10 | |
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| TOP PICK | 43.250 | Richard Bernstien | With the feds tightening and profit growths slowing, the market is going ahead for higher quality stocks. Still fan of long-term energy but it's time to look at the better companies. | 2004-05-28 | |
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| TOP PICK | 41.910 | James Paulsen | | 2004-04-02 | |
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| TOP PICK | 41.500 | Nicholas Sargen | | 2004-03-19 | |
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| TOP PICK | 42.230 | Richard Bernstien | Getting into the energy right now, you probably want to play more of the bigger, higher quality names. | 2004-02-27 | |
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| TOP PICK | 42.230 | Francis Gannon | Outside of a yield play, it is also a pickup on the global growth. | 2004-02-27 | |
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| PAST TOP PICK | 39.750 | John Stephenson | (A past top pick Oct 16/03. Up 1.5%.) $50 billion of cash. Potential of a special dividend. Has a diversified income stream with experience management. | 2003-12-23 | |
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| STRONG BUY | 36.280 | John Stephenson | Has rolled back since he recommended it. Still considers it to be the best company in this industry. 2% debt to capital. The outlook is for 15/20% growth over 6 to 12 months. Has a lot of cash, so there is potential of a special dividend. | 2003-11-27 | |
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| TOP PICK | 38.910 | John Stephenson | The most shareholder focused company in the energy business. 2% debt to cap. Potential for $1/$2 special dividend. Well managed. | 2003-10-16 | |
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| TOP PICK | 37.560 | John Stephenson | Have a lot of cash and very little debt. Buying back shares and expects a special dividend will be issued in the next year. Have grown 6% to 10% in the last five to 10 years. | 2003-10-02 | |
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| WEAK BUY | 35.980 | Brad Willock | Prefers exploration/production companies. A defensive holding. Reasonable dividend, but not much growth. | 2003-05-23 | |
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| BUY | 35.450 | John Zechner | Good value stock and a good buying opportunity. | 2003-05-16 | |
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| BUY | 35.470 | John Stephenson | Good capital discipline. Great assets. Well managed. Diverse asset base. Preference is Exxon, #1, BP #2 and Royal Dutch #3. | 2003-05-09 | |
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| BUY | 35.590 | Ross Healy | Cheap. A lot of value. Short term could drop in price, but the long term outlook is good. | 2003-03-19 | |
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| BUY | 32.690 | David Cockfield | Very senior stock, so doesn't expect much downside. | 2003-01-24 | |
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| WAIT | 34.750 | John Stephenson | The best company in the industry. Very disciplined. Premier properties. Expects oil to drop. | 2002-12-30 | |
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| BUY | 34.260 | Gavin Graham | Good long term holding. | 2002-11-04 | |
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| DON'T BUY | 33.230 | John Clarke | Integrateds are dropping. Margins are thin. | 2002-10-29 | |
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| BUY | 30.920 | Robert Lyon | Likes at $30. Strong balance sheet. | 2002-07-23 | |
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| DON'T BUY | 40.160 | Brendan Caldwell | Prefers Petro Canada and Encana. | 2002-07-02 | |
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| BUY | 39.100 | Glenn MacNeill, P.Eng. | Good cash flow/value. Getting to a good price. | 2002-05-07 | |
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| PAST TOP PICK | 40.540 | Ross Healy | (Was a top pick on Feb 28 down 2%) | 2002-04-25 | |
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| BUY | 43.240 | Gavin Graham | Good earnings. Good dividend. | 2002-03-14 | |
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| BUY | 42.650 | David Baskin | Will go up. Pays a solid dividend. | 2002-03-04 | |
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| TOP PICK | 41.300 | Ross Healy | The US energy sector has given a BUY signal. Good upside potential. | 2002-02-28 | |
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| BUY | 83.760 | Steven Wippersteg | Cost effective. Good levels. | 2001-03-12 | |
Experts that have talked about Exxon Mobil