SeekingAlpha Energy Stocks (Free subscription) | 20 hours ago
Kurt Wulff ( McDep Associates ) submits: Buy-recommended Canadian Oil Sands Trust ( COSWF.PK ) appears priced at a discount to facilitate a successful offering of new units to finance the purchase of ConocoPhillips’ ( COP ) 9% interest in Syncrude. Its low McDep Ratio stands out and it was a rare stock to decline yesterday in a strong market. We don’t know that the confidential...
SeekingAlpha Energy Stocks (Free subscription) | yesterday
Kurt Wulff ( McDep Associates ) submits: Buy-recommended Canadian Oil Sands Trust ( COSWF.PK ) offers unlevered appreciation potential of 46% to a McDep Ratio of 1.0 where stock price would equal Net Present Value (NPV) of US$42 a share. Third quarter results released late on October 28 indicated Ebitda minus Interest of C$0.70 a unit, up from a depressed C$0.14 in the second quarter...
SeekingAlpha.com (Free subscription) | 11/24/2009
Kurt Wulff ( McDep Associates ) submits: Buy-recommended BP plc ( BP ) offers unlevered appreciation potential of 33% to a McDep Ratio of 1.0 where stock price would equal Net Present Value (NPV) of $80 a share. We raise NPV from $72 a share on the basis of operating improvements both upstream and downstream. Third quarter results released today confirmed a return to higher margins following...
SeekingAlpha Energy Stocks (Free subscription) | 11/23/2009
Kurt Wulff ( McDep Associates ) submits: Buy-recommended Occidental Petroleum ( OXY ) offers unlevered appreciation potential of 12% to a McDep Ratio of 1.0 where stock price would equal Net Present Value (NPV) of $95 a share. The increase in NPV from $87 is justified by a strong trend in cash flow generation and a long reserve life index of 11.2 years. Third quarter results released...
