| TOP PICK | 24.990 | Glenn MacNeill, P.Eng. | Low debt and low payout ratio. Kind of ignored by the market and, as a result, a takeover target. Good possibility they will have to increase their distribution in the near future. Some very attractive assets. | 2008-07-18 | |
| TOP PICK | 24.200 | Robert Lauzon | 55% natural gas and 45% oil. Great management team. Very stable pools of oil/gas. Missed production over the last couple of quarters so the stock has been penalized. Comfortable that they have right sized it. Lower debt than the average royalty trust. Very low payout ratio. Because of oil/gas prices, they may increase distributions or pay a special one. Perfect acquisition target for another royalty trust. | 2008-04-28 | |
| TOP PICK | 19.990 | Dean Orrico | Gas weighted. Relatively small but very conservative management team. Acquired Rival Energy last year. Low payout ratio. | 2008-01-29 | |
| PAST TOP PICK | 20.640 | Michael Simpson, CFA | (A Top Pick Feb 23/07. Down 11.7% including distributions.) Small energy trust evenly weighted between gas and oil. Very conservatively managed. After about 4 years, management finally did an acquisition, so are now up to about 9500 barrels a day. 10% yield. | 2008-01-22 | |
| TOP PICK | 25.660 | Michael Simpson, CFA | A mid-cap oil/gas trust. Current production around 8400 barrels. About 55% natural gas and 45% oil. Conservative management with a 45% basic payout ratio. Trades at about 5.8 X price to cash flow. Good position to do acquisitions. | 2007-02-23 | |
| BUY | 24.900 | Ravi Sood | Has a lot of capacity internally to keep growing. But management team. Inexpensive. Not a high yield compared to others, but a great name. | 2006-11-17 | |
| BUY | 32.700 | Patrick Kim | Very solid name, particularly if you are concerned about downside risk on the commodity. Makes very few acquisitions but relies on their own development skills. Conservative balance sheet. Low operating costs. | 2006-08-04 | |
| BUY | 30.200 | Glenn MacNeill, P.Eng. | 1st quarter was down. Looks like the 2nd quarter is going to be reasonable, down slightly, which is typical for the sector. Likes this one. | 2006-06-16 | |
| PAST TOP PICK | 30.700 | Glenn MacNeill, P.Eng. | (A Top Pick Apr 29/05 Up 38%.) Small producer. Great management. Increasing on a nice steady basis. Referred as a "grinder". Doing a great job. Payout ratio is one of the lowest in the sector. | 2005-09-02 | |
| TOP PICK | 25.980 | Glenn MacNeill, P.Eng. | (A Top Pick Apr 29/05. Up 12%.) A quiet, relatively small company. Good management. | 2005-07-08 | |
| TOP PICK | 23.110 | Glenn MacNeill, P.Eng. | Likes management and some of the properties. A good smaller trust with management that avoids risks. | 2005-04-29 | |
| BUY | 24.500 | Dean Orrico | Payout ratio is quite strong. One of the new generation of oil/gas trusts that tends to retain more of its cash flow for future development. Over time, it should continue to be a good performer. | 2005-04-01 | |
| BUY | 18.900 | Glenn MacNeill, P.Eng. | A developer of properties. Good assets. | 2004-08-25 | |
| STRONG BUY | 18.920 | Peter Linder | Going to be one of the best junior trusts. Good management. | 2004-08-19 | |
Experts that have talked about Zargon Energy Trust
