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Oil Stocks - which ones Oil Stocks - which ones

03-30-2012 , 06:16 PM
look into oil etfs.
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03-30-2012 , 09:33 PM
for some reason i just think of SU as being one big trap. I just dont think its that cheap
Oil Stocks - which ones Quote
03-31-2012 , 10:42 AM
was just talking with one of the PMs at my frim how SU is probably the best buy out of the big name canadian oil guys now.
Oil Stocks - which ones Quote
03-31-2012 , 01:39 PM
Quote:
Originally Posted by ahnuld
was just talking with one of the PMs at my frim how SU is probably the best buy out of the big name canadian oil guys now.
that will make highpsiguy very happy. or sad, depending on if he sold all his SU
Oil Stocks - which ones Quote
03-31-2012 , 02:22 PM
exxon
Oil Stocks - which ones Quote
03-31-2012 , 04:36 PM
thoughts on RIG - Transocean LTD?
Oil Stocks - which ones Quote
03-31-2012 , 04:37 PM
Quote:
Originally Posted by yellowsub
that will make highpsiguy very happy. or sad, depending on if he sold all his SU
I sold all of my stock in SU and CVE for higher prices then Fridays close.
SU has been "a great buy" for a solid 2 years now and its done nothing I am not worried.

Also MGMT of SU has been playing some foul games IMO of late.
The CEO Rick George who basically built SU is leaving, Mr. George has millions in options, the underlying has been rank so SU has/is throwing 1.5 billion in share buybacks.
MGMT should know by now that the CDN marketplace is basically addicted to yield and if they really cared about shareholders they would spring for a 20cent/quarter or thereabouts (up from .11c/qtr) dividend. Heck I think they could afford to pay $1/year in dividends in the next 12-18 months but who am I.
Oil Stocks - which ones Quote
03-31-2012 , 06:02 PM
SU is a value trap. I can't tell you how many people love it. Don't put money in it.

Trust me, I'm legit.
Oil Stocks - which ones Quote
04-04-2012 , 03:36 PM
Quote:
Originally Posted by ahnuld
was just talking with one of the PMs at my frim how SU is probably the best buy out of the big name canadian oil guys now.
LOL, helluva good pick, recommend SU, falls 10% in 3 days.

True value trap as mentioned.

Straight from analysts mouth, as soon as analysts downgrade SU I might consider buying.
Oil Stocks - which ones Quote
04-05-2012 , 01:59 PM
better to go long on husky imho, lot more conventional oil or sea drilling reserves in the next 20-30 years. Prices more stable and has higher dividend. A recent change of CEO to the Indian Amish Gosh is a good sign things are turning around for this Lee-ka-Sing runned company. I brought Suncor at 25, Sold at 35 CAD. Consider to buy some again if price drops a little more.
Oil Stocks - which ones Quote
04-05-2012 , 04:27 PM
Quote:
Originally Posted by highpsiguy
LOL, helluva good pick, recommend SU, falls 10% in 3 days.

True value trap as mentioned.

Straight from analysts mouth, as soon as analysts downgrade SU I might consider buying.
why do you think I am a sell side analyst? I dont "downgrade" or "upgrade" anything. This should be pretty clear, especially when you quoted me saying "I was talking to a PM". Sell side doesnt have PMS!!!!
Oil Stocks - which ones Quote
04-12-2012 , 05:09 PM
semi-grunching here

looking for pure oil leverage. don't want gas production or pipeline problems

i have owned SU. friend of mine who's very smart is worried keystone won't get approved (obama will change his spots once re-elected) and pipeline to bc coast looks troublesome too. oilsands gets stranded. sound reasonable to me (as does pipeline being built). already major issues with bakken discount.

i owned DIG (double leveraged energy index). huge exxon weight. too big company and quite a bit of gas

so what's a good USA oil name? pure play on oil? no major company-specific issues

one last question: is cheap natural gas gonna drive plug-in hybrids? ie jurisdictions will be build huge gas-fired plants.. natural gas vehicles? making gasoline from natural gas (as south africa and nazi germany did with coal)
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06-14-2012 , 03:38 PM
Wonder what's going to really happen with the following story:
Oil price could fall to $50, Credit Suisse predicts
Click here and here for more info
Oil Stocks - which ones Quote

      
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