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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Paul Senior who wrote (38762)	8/30/2010 3:33:12 PM
From: Paul Senior	Respond to of 78627

Adding to HES as it falls. I like the company's emphasis on e&p in non-conventional (shale), i.e. Bakken, and Paris. As was mentioned, they're also in Brazil, which to me is another possible positive. finance.yahoo.com

To: Paul Senior who wrote (38762)	9/4/2010 4:16:19 PM
From: Spekulatius	Read Replies (1) \| Respond to of 78627

re SU, EME.TO- EME.TO interesting heavy oil play. Their production is rising fast (their sharecount too) and they seem to get some economics of scale, which is what I look for in these sort or plays. So far they are still making losses. it seems to me that those heavy crude companies should be valued more in terms of earnings and flowing production to some extent rather than the amount of reserves. As for Canadian heavy oil companies, there is a very good article (those are rare and worth mentioning) in Seeking alpha About SU (Suncor).Much of the logic applies to other heavy oil/ oil sands player too, that is why I mention this article here: seekingalpha.com Suncor has not received much mentioned here or in Big Do's thread as enthusiasm for heavy oil/bitumen companies has waned. At the current crude prices, most players have a hard time to reach a reasonable ROA. However if crude prices go higher, those plays should work out really well, since they have an immense resource base in the ground to work with.