Energy and Natural Gas Stock Picks
Energy Prices have sored over the past few years and most recently oil prices have reached a new all time high. While this ralley in oil prices has occured natural gas prices were deflated and have be resting near their low points.
Rencently many large energy companies have announced their interests in purchasing natural gas producing properties. Examples of some of these companies include Suncor Energy, Talisman Energy, etc. The leaders of these companies must know something the average investor does not--natural gas is about to experience a boom. Here are my best stock picks to profit from the coming natural gas bull market.
1) Cyries Energy: Formed in July, 2004 as a result of the merger between CEQUEL Energy Inc. and Progress Energy. The company is a high-growth junior exploration company and operates in the greater Peach River Arch Area of Alberta and targets medium-depth, multi-zone prospects mainly. Management currently owns about 19% of the shares.
Rating: Strong Buy
For more information about this company click the link in the Resource Box to andrewjohns.ca
2) Duvernay Oil Corp: Trades a premium cash flow multiples compared to its direct competitors. This company is a high-growth intermediate company that focuses on drilling multi-zone wells targeting Triassic and Cretaceous sandstones in northeast BC and northwest Alberta. Management controls about 20% of the stock.
Rating: Strong Buy
For more information about this company visit click the link in the Resource Box to andrewjohns.ca
3) ProEx Energy: Just like Cyries Energy, ProEx formed in July 2004 from the merger of Progress Energy and CEQUEL Energy. ProEx Energy operates mainly in northeastern British Columbia and is focused on full-cycle exploration and development. Management controls roughly 30% of the stock.
Rating: Strong Buy
For more information about this company take a look on Google Finance under ticker: PXE.TO
4) Suncor Energy: Suncor is a large Canadian integrated Energy company operating in the Oil Sands of Alberta and Saskatchewan. The company is focused on Oil Sands, Natural Gas, Energy Marketing and Refining. This company has experienced a great upward price trend linked to its ability to grow.
Rating: Buy
For more information about this company click the link in the resource box to andrewjohns.ca
5) Talisman Energy: Talisman Energy is an independent Canadian based oil and gas company involved in exploration, development, production, transportation and marketing of crude oil, natural gas and natural gas liquids. This company operates throughout North America, the UK, Europe, South East Asia, and North Africa.
Rating: Buy
For more information about this company click the link in the resource box to andrewjohns.ca
6) TriStar Oil & Gas: Was formed in 2006 form the merger of StraPoint Energy Trust and Acclaim Energy Trust The company is focused on acquiring producing properties and drilling to exploit the undeveloped land. TriStar operates in Alberta and Saskatchewan.
Rating: Buy
For more information about this company visit google finance and search TOG.TO
You should not buy any of these stocks without first consulting a financial professional to determine whether the risks associated with each would be beneficial or resonable for your own portfolio
| Visit http://www.investcanada.blogspot.com for more investment strategies, stock picks, and information. Visit http://www.andrewjohns.ca for free Analyst stock reports, and detailed stock information. Article Source: http://EzineArticles.com/?expert=Stuart_Mcconnachie |
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