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ConocoPhillips Message Board

  • awkward_pause4u awkward_pause4u Sep 16, 2012 2:29 PM Flag

    what's you're lesser known Oil picks?

    HNL.TO is my fav not directly in the oil it self but with expansion in the oil sands they are a very nice play. The dividend is nice too

    CDI.TO is good from a value point and has a nice dividend.

    AEN.TO more on the risky side but as a long term investment I feel it should do well

    PHX.TO Has some things to work out. The dividend is near 9% though. Seems as though they should be able to keep up the payments on it. The least exciting of all, but at around 9% I can wait it out.

    What's your pics and thoughts?

    Side note I listed Canadian stocks since I fell the US dollar will decline with Big Ben printing all that money. My theory is the stocks will go up as well as the Canadian dollar.

    The best sites for Canadian research is theglobeandmail

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    • I'll second Kodiak. Not sure i'd consider Linn a lesser known, plan on buying it hopefuly next Spring. I do like NRG tennis strings, may be a sign.

    • 1. Linn Energy, LINE, 7% divvy, Master Limited Partnership. Divvies count as a decrease in cost basis, until basis hits zero. Until then divvies non-taxable. For tax purposes, shareholders receive K-1 tax form instead of 1099 form.

      2. Enerplus Corp, ERF, 7%+divvy, Canadia Oil/Gas company. This company does not charge Canadian taxes against divvies if you own the shares in a retirement account.

      3. Sandridge Energy, SD, no divvy. Has recently moved from a gas company to oil company.

    • Kodiak Oil & Gas (KOG) -- Probably a 3-bagger over the next 18-24 months. Excellent Bakken holdings. Exit rate of nearly 30,000 BOEPD for 2012.
      Dejour Energy (DEJ) -- Has been hit hard by low NG and NGL prices. Great entry level now. A 10+ bagger over the next 2 years. Trading well below book value. 2012 exit rate of 1200-1400 BOEPD.
      Magnum Hunter Resources (MHR) -- A 3-bagger over the next 18-24 months. Extensive holdings in the Bakken, Eagle Ford and Marcellus Shale. 2012 exit rage of 18-20k BOEPD.

      A dirt cheap, big-league spec play I own stock in is Treaty Energy Corporation (TECO). Leases in Texas and Belize. Stock could be a 4-6 bagger within a year.

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