| DON'T BUY | 0.115 | Michele Robitaille | Doesn't believe it will stage any kind of comeback at this time. Have operational issues. Could be looking at bankruptcy. Because of the high cost of heating oil, working capital needed is very substantial. Not a fan of the management team and their ability to manage. | 2005-09-16 | |
| DON'T BUY | 4.350 | Kevin Hall BComm, CFA | Stumbled. Sold their holdings when they saw over 100% payout ratio and the margin pressures they came under. They eventually cut their distribution. Not comfortable with management. | 2005-05-06 | |
| DON'T BUY | 4.850 | Dean Orrico | Not paying distributions. Have suffered from higher crude oil prices. Seasonality is endemic to this business. | 2005-04-01 | |
| DON'T BUY | 5.330 | Bill Shaw | They're in a liquidity crisis. Not certain of the financial viability of the trust. They need to be refinanced. | 2005-02-22 | |
| DON'T BUY | 5.650 | Garth Jestley | A US based trust that has experienced some difficulties. One problem has been the rising price of heating oil which has strained their ability to finance the receivables which created bank restraints. Has also been hurt by the strong Cdn$. | 2005-02-18 | |
| DON'T BUY | 6.930 | Ben Cheng | Had a pretty rough time in 2004. Partially due to seasonably warm weatherin the US NorthEast. Also being hit with the stronger Canadian$. Believes the Cdn$ will stay strong, so will be tough to see any distribution growth. | 2004-12-17 | |
| DON'T BUY | 7.250 | Robert Lyon | They don't have much leverage to the price. Lost more customers than they gained on acquisitions. | 2004-12-15 | |
| DON'T BUY | 5.420 | Dean Orrico | Have a high level of concern and have been trimming from their portfolio. High oil costs and operational issues have created problems. Foreign exchange has hit them hard. | 2004-11-19 | |
| DON'T BUY | 5.500 | Leslie Lundquist | Ran into problems with currency exposure and rising heating oil costs. Had to increase their debt. | 2004-11-17 | |
| DON'T BUY | 5.550 | Garth Jestley | Has had to suspend distributions. Not enough money to pay for the high oil prices, and will have to renegotiate with their banks. Feels that this will be more than temporary. | 2004-10-29 | |
| SELL | 7.980 | Leslie Lundquist | Had a myriad of problems, including currency, working capital needs, etc. Issues can't be easily or quickly fixed. | 2004-10-07 | |
| DON'T BUY | 8.770 | Kevin Hall BComm, CFA | Cut their distributions due to a squeeze by high oil prices. | 2004-09-24 | |
| HOLD | 12.280 | Bill Shaw | Fairly priced. Hasn't made any acquisitions. | 2002-09-27 | |
Experts that have talked about Heating Oil Partners
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