Trican Well Service Ltd. (TCW.TO)

He is looking at this whole pumper area. The 3 key players in this area are Canyon Services Group (FRC-T), which he likes very much, Trican and Calfrac (CFW-T).

If natural gas gets to $4 and stays above $4 and fracing continues, there will be a pickup in demand for pressure pumpers.

(A Top Pick Jan 24/12. Down 12.81%.) Sold his holdings mid-February and is now currently Short the stock. A pretty strong performer year to date. Feels there is a lot of enthusiasm built upon 2014 spending surrounding joint venture agreements that have been announced. Also, going to be well over 100 wells drilled in the Duvernay representing a lot of CapX. However trading at a very high multiple of almost 6X Enterprise Value to EBITDA.

(A Top Pick Jan 24/12. Down 18.91%.) Sold his holdings mid-February at around $16.40 and made a little bit of money but the biggest issue was that we had suffered the second warmest winter in history.

Very strong company and he thinks there will be improvements in the sector.

A little bit of difficulty about the performance in the oil/gas services companies, on account of all the other factors such as pricing differentials, natural gas prices, etc. He would like to see other things happening overall in the oil/gas sector that would drive companies like this. Doesn’t bode well in the near-term.

(Top Pick Oct 07/11, Down 27.05%) Lower drilling activities and a lot of horse power was built over the last little while. No one needs exposure to this space currently.

(Top Pick Nov 30/11, Down 33.54%) This was contingent on a strong natural gas pricing. He is now cautious on the fracking space.

Probably a takeout candidate. Seasonably, you get low drilling in the winter and in the spring breakup, it goes up. Good earnings would move the stock because it is cheap.

(Market Call Minute.) Dirt cheap. Clearly you might have to wait a little bit before we get out of this shoulder period from gas but he does like the name.

(Market Call Minute.) Fracing companies are extremely cheap right now. Great value. (See Top Picks.)

(Market Call Minute) Come off quite a bit given challenges to services companies.