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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Jenna who wrote (92985)4/12/2000 2:58:00 PM
From: Jenna   of 120523
 
AOG compelling play looking for $0.59 versus $0.14 Shorted CHKP for hold over night.

Alberta Energy Company Ltd. (AEC) is one of Canada's largest upstream oil and gas exploration and production companies, and has interests in midstream operations and assets including pipelines and natural gas storage and processing. AEC markets crude oil, natural gas, and natural gas liquids for consumption throughout Canada and the United States. The Company also is engaged in exploration and production activities. AEC owns petroleum and natural gas rights to a 1,000-square-mile area within Canadian Forces Base Suffield in southeast Alberta, and to a 2,000-square-maile area of the Cold Lake Air Weapons Range in east central Alberta. The Company also owns a 10% interest in the Syncrude joint venture near Fort Murray in northeast Alberta. AEC's business is conducted in two main industry groups: the upstream group is comprised of oil and gas exploration, production, and marketing; the midstream group consists of pipeline transportation and natural gas storage and processing operations.
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