2012-11-01
| Signal | Price | Bias | Subject | Owned |
|---|---|---|---|---|
| BUY | $45.100 | OPTIMISTIC | NORTH AMERICAN | Yes |
Heavy oil discount in Canada has been widening, mostly because of seasonal reasons and refineries doing maintenance. Those are temporary issues. When you look at this company, they have very good land positions and very good heavy oil assets, which they continue to grow. Pays a good dividend of 5.8%, which he feels is sustainable.
Jim Huang
President,
T.I.P. Wealth Management