2012-10-19
| Signal | Price | Bias | Subject | Owned |
|---|---|---|---|---|
| TOP PICK | $47.600 | CAUTIOUS | CANADIAN | Yes |
Excellent company. Good management. Very predictable results. They are into heavy pumpable oil. It doesn’t get valued properly in terms of its actual reserves. Have been very smart in shipping oil by tanker to get better prices. New technology is helping them in their extraction levels. Good solid dividend of 5.5%, which can be increased in the future.
David Cockfield
Sr. VP & Managing Director,
Northland Wealth Management