Summer Sale
50% off Premium Yearly
00days
00hrs
00mins
00secs
Opinions Dean Orrico
Thunder Energy TrustTHY.UN.TODON'T BUYOct 06, 2006
This resulted from three companies merging into a trust. This is typically a recipe for disaster. Management continuing on, doesn't have much knowledge of the new business.
$6.95
Stock price when the opinion was issued
investment companiesfunds
It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.
You might be interested:
BUY
A terrific company. A natural gas producer. The cost of drilling is going up, availability of rigs is harder to get. Feels that in 6/9 months the natural gas price has to recover. Good price.
Bill Harris, CFAOwned
investment companiesfunds
HOLD
A relatively small trust. Gas weighted. You will want to see them hitting some good production numbers for 2/3 quarters in a row.
Dean OrricoOwned
investment companiesfunds
BUY
15% distribution. Has not kept up with its peers because they’ve had production problems in a couple of their fields. They had hoped to exit this year at 11,500 BOE’s a day but is coming in at 10,500. The market was looking for around 12,000/13,000 next year and that’s going to 10,500/11,000. Likes the management and thinks they will get their act together.
Peter BriegerOwned
investment companiesfunds
BUY
For pure gas income trust plays, prefers TKE Energy Trust (TKE.UN-T), Progress Energy (PGX.UN-T), Thunder Energy (THY.UN-T) and Peyto (PEY.UN-T). In the producer area Storm Exploration (SEO-T) because it was incredibly cheap at $4.60. Would sell when it gets near $7.
Peter BriegerOwned
investment companiesfunds
