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Guide Exploration (GO.TO)

BUY ON WEAKNESS
Oil/gas producer. Likes their Western Canada asset base. Thinks energy is poised for out performance in the next 6 months or so.
BUY
Gas weighted. One of the cheaper stocks because it has disappointed in the past. Very good, large land base. Great M&A target.
COMMENT
Fairly mixed production between gas and oil. Views Puskwa oil portion as a sort of sustaining kind of asset with a cash flow that will ultimately be devoted to developing the eastern Montney assets. Considerable drilling inventory ahead of them. Always cheap because of the perennially high leverage and history of missing production targets. He is considering buying.
BUY
About 60% waited to oil production and the rest in Alberta-based gas, which is suffering. Very interesting exploration program although stock price hasn't performed as well as they would like. Will go through some tougher times but has a history of managing through that. On his radar screen.
BUY
Couldn't believe how low it was priced but is now starting to move up. A lot of land. Good management. Good potential for many years.
TOP PICK
Has a core area in the Peace River arch of about 1 million acres. Mostly natural gas but a good oil weighting. Balance sheet is in good shape. Think they will do over $1 in cash flow this year. BV is $8.45. Think they will be increasing production by the 4th quarter. (Doesn't own but has other relations with the firm.)
DON'T BUY
Very good asset base in the Peace River arch in Alberta. Market has started to lose confidence in management partly because they failed to meet guidance for many quarters in a row. Debt is high. There are better ways to play gas.
HOLD
A little difficult to call simply because it is still in the penalty box. Large landowner in Montney and have some diversity between oil and gas. Good management. However they haven’t really performed lately.
HOLD
Very cheap and very good asset base however over the past few years they have struggled to reach production targets.
BUY
Likes the company and management. Have a large Montney position, which is very strong. Also has some oil. A lot of development possibilities. No balance sheet issues.
DON'T BUY
Expecting a pullback in oil and natural gas. Ranks very low in his database.
TOP PICK
Natural gas stocks have lagged and he is getting little more positive on gas. There is an oversupply but you can get rid of that in a hurry. This one is in the Montney area and has great growth. Recently raised some financing so the balance sheet is in better shape.
BUY
This screens really well for him. Great company, good prospects but hasn't done much. Natural gas has been part of this problem.
DON'T BUY
Just did a financing because their balance sheet was stretched but are still looking reasonably stretched. Also not seen operational growth quarter over quarter.
BUY
There are a few more miles left in this one. Likes it because it is 60% oil. Have some great plays in Alberta. Has a lot of excess acreage it can grow in.
Showing 46 to 60 of 143 entries