| X |
: T.V. Program Date YYYY-MM-DD |
|
OPC-T |
2008-05-16 |
$22.860 |
In situ oil sands producer. Operates SAG-D and also has a upgrading capacity that it is building with it. Expected to be on production very shortly. Has some unique technology. Rather than purchasing gas to make steam, it will use waste products out of their upgrading facility. Very crude oil price driven. |
BUY on WEAKNESS |
|
Glenn MacNeill, P.Eng. |
|
TLM-T |
2008-05-16 |
$23.940 |
Hasn’t gone up as much as some of the other large producers. Represents good value. Will be doing some things to try and enhance its value. A lot of diversified areas geographically. |
TOP PICK |
|
Glenn MacNeill, P.Eng. |
|
FEL-T |
2008-05-16 |
$10.530 |
Roughly 77% gas. Produces about 13.5 thousand barrels a day. Good management. Has started to sell its sulphur, which has brought in more revenue for them. Has one well that is 15% of its revenue but management is managing that. |
TOP PICK |
|
Glenn MacNeill, P.Eng. |
|
PFX-T |
2008-05-16 |
$4.250 |
Produces roughly 3400 barrels a day, about 70% gas. Good management. |
TOP PICK |
|
Glenn MacNeill, P.Eng. |
|
ECA-T |
2008-05-16 |
$94.200 |
(A Top Pick May 9/07. Up 50%.) Splitting of the company will give investors a clearer picture of what they are buying. Sum of the parts will be worth more than the whole. Pretty expensive now and would Buy on weakness. Would prefer the Gasco versus the Oilco. |
PAST TOP PICK |
|
Glenn MacNeill, P.Eng. |
|
SU-T |
2008-05-16 |
$67.530 |
(A Top Pick May 9/07. Up 41%.) Wonderful exposure to the oil sands. Buy on weakness. Consider taking some profits. |
PAST TOP PICK |
|
Glenn MacNeill, P.Eng. |
|
OIL-T |
2008-05-16 |
$16.000 |
(A Top Pick May 9/07. Up 72%.) Great number of drilling prospects in front of them. Could back off which would be the time to buy. |
PAST TOP PICK |
|
Glenn MacNeill, P.Eng. |
|
PWT.UN-T |
2008-05-16 |
$33.690 |
Undervalued relative to its peers. Hasn’t been cited as one of the top performing trusts by many of the analysts. Has a lot of gas, which will do well down the road. Consolidating with a number of mergers. Produces almost 192,000 barrels a day. Should do well on taking advantage of the current gas prices. |
Comment |
|
Glenn MacNeill, P.Eng. |
|
ITX-T |
2008-05-16 |
$7.520 |
A lot of the high profile intermediates have gone up a great deal. Would hold off on buying them now. A great performer with about 65% natural gas. Recently merged with Cyries Energy, which was a very good deal for them. Excellent management team. Represents good value. |
BUY on WEAKNESS |
|
Glenn MacNeill, P.Eng. |
|
BTE.UN-T |
2008-05-16 |
$29.040 |
Thinks it will benefit a lot from the very small differentials in heavy oil. Relatively low debt. |
BUY |
|
Glenn MacNeill, P.Eng. |
|
IOL-T |
2008-05-16 |
$28.870 |
Had a gas discovery and is going through refinancing. Some outstanding credit issues are looking much better now. Needs a bunch of money to develop an LNG project in Papua New Guinea. Long-term project. |
HOLD |
|
Glenn MacNeill, P.Eng. |
|
IMO-T |
2008-05-16 |
$56.680 |
Into a very controversial environmental issue. Had 2 setbacks this week. Delay in the Mackenzie Valley pipeline and this will be a lot longer to ever get done. Also denied a permit from the fisheries Department for water, which will delay their Kearl project. Not a favourite. |
DON'T BUY |
|
Glenn MacNeill, P.Eng. |
|
TSO-N |
2008-05-16 |
$24.990 |
The refining business has had a real tough time recently, mainly because of higher costs. |
DON'T BUY |
|
Glenn MacNeill, P.Eng. |
|
PHX.UN-T |
2008-05-16 |
$15.300 |
Because of higher gas prices, he is expecting an increase in the number of wells drilled, which will increase profitability. |
BUY |
|
Glenn MacNeill, P.Eng. |
|
PSI-T |
2008-05-16 |
$16.750 |
Directional driller. With higher gas prices, there will be an increase in drilling. |
BUY |
|
Glenn MacNeill, P.Eng. |
