2013-02-01
| Signal | Price | Bias | Subject | Owned |
|---|---|---|---|---|
| TOP PICK | $38.800 | BULLISH | NORTH AMERICAN - LARGE | Yes |
Did 3 equity raises last year which he thinks irritated the market a little but they are well capitalized now. Dividend yield of 7.15%. Have production in the Bakken area as well, which gives a higher valuation and better growth. Have been proven to deliver on production growth and acquisitions but haven’t turned this into a good move on the stock price. Thinks they are overdue.
John Zechner
Chairman,
J. Zechner & Assoc