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Greg Huffman
Wellington West
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John McIlveen
Jacob & Company Securities, Inc.
416-866-8303
jmacilveen@jacobsecurities.com
Toronto
Canada
- "John McIlveen, a veteran securities analyst specializing in renewable power, turns The Energy Report on to a hot but hardly new source of energy in this exclusive interview." (11/20/08) Read full article
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J. Marshall Adkins
Raymond James
- ". . .a geopolitical risk premium, of some magnitude, looks set to remain in oil prices on a permanent basis."
- ". . .we are increasing our 2009 oil price forecast. . ."
- "Inventory draws and falling supply should help crude prices in 2010."
- "Mexico may become an oil importer within the next five years."
Transocean Ltd. NYSE:RIG - "At the top of this list are ultra-deepwater drillers like Transocean Ltd. (NYSE:RIG)"
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Joseph Allman
J.P. Morgan
212-622-4864
New York
USA
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Wayne Andrews
Raymond James & Associates
713-789-3551
wayne andrews@raymondjames.com
Houston, TX
USA
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Jill Angevine
Firstenergy Capital
403-262-0668
jtangeuire@firstenergy.com
Calgary
Canada
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Amir Arif
Friedman
703-312-1802
aarif@fbr.com
Virginia
USA
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Jeb Armstrong
Calyon Securities
212-408-5823
jeb.armstrong@us.calyon.com
New York
USA
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Jack Aydin
Keybanc Capital Mkts/Mcdonald
917-368-2256
New York City, NY
USA
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David Baker
Baker Steel Corp.
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Daniel Barcelo
Bank of America Securities (BAS)
212-933-3390
daniel.barcelo@bofasecurities.com
New York
USA
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Ronald Barone
UBS
212-713-3848
New York
USA
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David Beasley
Haywood Securities
416-352-4561
dbeasley@haywood.com
Toronoto
Canada
- "High oil prices have made more oil sands projects viable, but new royalties imposed by the Alberta government along with labor and energy costs associated with extraction are making things more challenging. In spite of these factors, oil sands investment remains strong and Alberta-based companies will likely continue to do well."(1/2/08)
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Larry Benedetto
Howard Weil
504-582-2655
larryb@howardweil.com
Louisiana
USA
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Michael Blum
Wachovia Securities
212-214-5037
New York
USA
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Michael Bodino
SMH Capital Equity Research
504-799-3565
michael.bodino@smhcapital.com
Louisiana
USA
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Andrew Boland
Peters & Co. Limited
403-261-2247
Calgary
Canada
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Brad Borggard
CIBC World Markets
403-260-8657
brad.borggard@cibc.ca
Calgary
Canada
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Mark Bridges
CIBC World Markets
mark.bridges@cibc.ca
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Daniel Burke
Johnson Rice & Company
504-584-1213
dburke@jrco.com
Louisiana
USA
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William Burns
Johnson Rice & Company
burns@jrco.com
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Larry Busnardo
Tristone Capital
303-952-2750
Denver,CO
USA
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Ken Carroll
Johnson Rice & Company
504-584-1272
Louisiana
USA
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Marshall Carver
Capital One Southcoast
504-593-6163
marshall.carver@capitalonebank.com
Louisiana
USA
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Michael Casserly
Fundamental Research
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Subash Chandra
Jefferies & Co.
212-284-2271
schandra@jeffferies.com
New York
USA
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Jonathon Chappell
J.P. Morgan
212-622-6412
jonathan.chappell@jpmorgan.com
New York
USA
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David Chiaro
Goldman Sachs
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Cosmos Chiu
CIBC World Markets
416-594-7106
Cosmos.Chiu@cibc.ca
Toronto
Canada
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Greg Chornoboy
Jennings Capital
403-292-9485
Calgary
Canada
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Chi Chow
Tristone Capital
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Robert (Bob) Christensen
Buckingham Research Group Inc.
212-922-2025
New York
USA
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Greg Colman
Wellington West Capital Markets
- "Continue to believe deep & horizontal focus will lead rebound."
- ". . .our analysis suggests this drilling downturn shall too pass. . ."
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Pierre Connor, lll
Capital One Southcoast Inc.
504-593-6108
Louisiana
USA
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Jim Crandell
Barclays Capital
212-526-4865
New York
USA
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John Daniel
Simmon & Co. International
713-223-7825
Houston. TX
USA
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Raymond Deacon
BMO Capital Markets
303-436-1113
Denver, CO
USA
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Carin Dehne Kiley
Calyon Securities
212-408-5872
New York
USA
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Ben Dell
Berstein Research
212-407-5817
benjamin.dell@bernstein.com
New York
USA
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Philip Dodge
Stanford Financial Group
561-544-8327
Florida
USA
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Peter Doig
Scotia Capital
403-213-7331
peter_doig@scotiacapital.com
Calgary
Canada
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Robert Doll
BlackRock, Inc.
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Mark Easterbrook
RBC Capital Markets
214-989-1408
Dallas, TX
USA
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Andrew Fairbanks
Merrill Lynch
212-449-6697
New York
USA
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William Featherston
UBS Securities LLC
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Steve Ferazani
Sidoti & Co.
212-894-3326
New York
USA
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Mark Flannery
Credit Suisse
|
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Jonathon Fleming
Cormark Securities
jfleming@cormark.com
|
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Paul Forward
Stifel Nicolaus & Company
202-778-4340
Washington,D.C
USA
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Phillip E. Franz
Buckingham Research
212-922-2035
New York
USA
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David Gagliano
Credit Suisse
david.gagliano@csfb.com
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Jason Gammel
Macquire Research Equities
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Ralph Garcea
Haywood Securities Alternative Energy
416-507-2609
Toronto
Canada
- "The renewable energy and clean technology industries have reached critical mass globally and are staged for continued growth through the next several years." (9/22/08)
- "Yesterday the Senate passed a bill favoring renewable energy projects, solar energy producers look to be the big winners with the longest production tax credit extension of eight years..."
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Thomas Gardner
Simmons & Company International
713-223-7840
tgardner@simmonsco-intl.com
Houston,TX
USA
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Gordon Gee
RBC Capital Markets
403-299-6986
gordon.gee@rbccm.com
Calgary
Canada
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John Gerdes
Sun Trust Robinson Humphrey
713-247-9001
John_Gerdes@rhco.com
Houston, TX
USA
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Fadel Gheit
Oppenheimer & Co. Inc.
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Duane Grubert
CRT Capital Holdings LLC
203-569-4364
dgrubert@crtllc.com
Connecticut
USA
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Irene Haas
Canaccord Adams
713-331-9443
irene.haas@canaccordadams.com
Houston,TX
USA
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Eric Hagen
Bank of America Securities
303-313-0734
eric_hagen@ml.com
Denver, CO
USA
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Micheal Hall
Stifel Nicolaus
303-291-5257
hallma@stifel.com
Denver, CO
USA
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Pearce Hammond
Simmons & Company International
713-546-7269
Houston, TX
USA
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Ellen Hannan
Weeden & Co.
203-628-7647
ehannan@weedenco.com
Connecticut
USA
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Scott Hanold
RBC Capital Markets
713-403-5658
scott.hanold@rbccm.com
Houston, TX
USA
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David Heikkinen
Tudor, Pickering, Holt & Co., LLC
713-33753-29
dheikkinen@tudorpickering.com
Houston,TX
USA
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Grant Hofer
UBS
403-695-3638
grant.hofer@ubs.com
Calgary
Canada
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Darren Horowitz
Raymond James
(713) 278-5269
Darren.Horowitz@RaymondJames.com
St. Petersburg
USA
- ". . .interstate pipeline constraints from the Haynesville should not be a material issue until beyond 2011."
- "From a demand perspective, we believe refinery and industrial demand will continue to trend lower, thereby reducing NGL production by an additional 0.2 Bcf/d."
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Michael Jalonen
Merrill Lynch
416-369-7540
mike_jalonen@ml.com
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Bart Jaworski
Raymond James
604-659-8282
Vancouver
Canada
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John Kartsonas
Citigroup
212-816-6134
john.katsonas@citigroup.com
New York
USA
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Howard Katz
Research Capital
416-860-6838
howard.katz@researchcapital.com
Toronto
Canada
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Michael Kay
Standard & Poor's
212-438-3256
Michael_kay@sandp.com
New York
USA
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David Khani
Friedman, Billing, Ramsey &Co. Inc
703-469-1179
Virginia
USA
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Alan Knowles
Haywood Securities
403-509-1931
Calgary
Canada
- "The OPEC 11 is now producing 915,000 bbls/day over the target levels. . ."
- "At its meeting today OPEC agreed not to change the target quotas for the OPEC 11. . ."
- "Crude inventories rose by 0.6 mmbbl versus expectations for a build of 2.1 mmbbl."
- "The weekly change in natural gas storage was a net build of 82 bcf, versus expectations for an 81 bcf build."
- "Crude inventories rose by 2.8 mmbbl versus expectations for a build of 2.5 mmbbl."
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David Ledger
Bligh Capital
612-9225-4477
david@blighcapital.com.au
Sydney
Australia
Mega Uranium Ltd. TSX:MGA - "Mega Uranium Ltd. (TSX:MGA) represents one of the best pure uranium plays in the market"
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Doug Leggate
Citigroup
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Mark Leggett
BMO Nesbitt Burns
403-515-1508
Calgary
Canada
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Luke M. Lemoine
Capital One Southcoast Inc.
504-593-6174
Louisiana
USA
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Ronald Londe
Wachovia
|
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Joseph Magner
Tristone Capital
303-952-2751
Denver, CO
USA
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Geordie Mark
Haywood Securities
604-697-6112
Vancouver
Canada
Denison Mines Corp. TSX:DML; NYSE.A:DNN - Denison Mines Corp. (TSX:DML; NYSE.A:DNN) "impressive drill results for its 60% owned Wheeler River uranium project "
- "Continued strength on the spot market has maintained a positive momentum for the uranium price. . ."
- ". . .we remain confident of the revived nuclear renaissance."
- ". . .the USA DOE is working rapidly to complete US$18.5 billion in loan guarantees that would go toward four projects."
- "Three successive weeks of uranium spot price increases helped bolster uranium equity prices..."
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Michael (Mike) Mazar
BMO Capital Markets - Canada
403-515-5138
Calgary
Canada
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Dan McSpirit
BMO Capital Markets
303-436-1117
dan.mcspirit@bmo.com
Denver, CO
USA
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Ronald Mills
Johnson Rice & Company
504-584-1217
New Orleans, LA
USA
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Brian Mok
Max Capital
416-369-0602
mbrian@maxcpl.com
Toronto
Canada
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Pavel Molchanov
Raymond James
713-278-5270
Pavel.Molchanov@RaymondJames.com
- ". . .the winners are nuclear and especially renewables."
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Gabe Moreen
Merrill Lynch
212-449-7600
New York
USA
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Arjun Murti
Goldman Sachs & Company
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Shannon Nome
Deutsche Bank Securities Inc.
|
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Randy Ollenberger
BMO Nesbitt Burns
403-515-1502
Calgary
Canada
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Kim Pacanovsky
Collins Stewart LLC
212-389-8149
kpacanovsky@collinsstewartllcc.com
New York
USA
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Kim Page
Wellington West Capital Markets
(416) 847-3400
kpage@wwcm.com
- ". . .new technologies used in large shale gas fields may mean industry gas output can be sustained with far fewer rigs."
- "The Russian Energy Ministry reported that state-run Gazprom's gas production declined. . . as a result of sliding demand in Europe."
- "Despite surging oil inventories, OPEC Secretary. . .does not expect OPEC to make further cuts to output when they meet on May 28."
- ". . .OPEC would be taking a 'big risk' if they do not readjust supply."
- "The UK is viewed as a likely destination for excess LNG cargoes. . ."
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Biju Perincheril
Jefferies & Company, Inc.
212-284-2050
bperincheril@jefferies.com
New York
USA
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Terry Peters
Canaccord Adams
416-869-6597
terry.peters@canaccordadams.com
Toronto
Canada
- "As of March 20, 2009, year-to-date the oil sands index has outperformed oil and gas futures and the other TSX Composite indices."
- "Oil pared earlier gains to fall below US$36 a barrel after government data showed that U.S. crude oil stockpiles rose by more than expected last week. . ."
- "As of January 4, 2008, year-to-date, gas futures outperformed oil futures, the TSX
Composite Index and the O&G E&P sub-index. Gas futures are up 4.8% year-to-date,
versus oil futures up 2.0% year-to-date."(1/8/08)
- "Near-month crude oil closed out the week at US$92.69/bbl, down 5.3% on the week, and up 78.7% from this time last year."(1/15/08)
- "Last week: Near-month crude oil closed out the week at US$106.23/bbl, down 1.3% on the
week, and up 65.3% from this time last year." (4/8/08)
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Robert Plexman
CIBC World Markets
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Byron Pope
Tudor, Pickering Energy & Co.
713-333-2963
Houston, TX
USA
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Kent Porteous
BMO Nesbitt Burns
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Siddharth Rajeev
Fundamental Research Corp.
604-682-7065
srajeer@researchfrc.com
Vancouver
Canada
CBM Asia Development Corp. TSX.V:TCF, OTCBB:CBMDF - CBM Asia Development Corp. (TSX.V:TCF, OTCBB:CBMDF) "company's current projects represent good upside potential for coal bed methane"
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Rehen Rashid
Friedman
|
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Roger Read
Natixis Bieichroeder
713-751-1632
Houston, TX
USA
|
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Mark Reichman
SMH Capital
713-220-5113
Houston,TX
USA
|
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Greg Reid
Wellington West Capital Markets
(416) 642-3807
greid@wwcm.com
Polaris Geothermal Inc. TSX:GEO - Polaris Geothermal (TSX:GEO) "100% chance of success"
Polaris Geothermal Inc. TSX:GEO - "The proposed changes on the U.S. and global regulatory landscape would be favorable for. . .Polaris Geothermal (TSX:GEO)."
- "Canadian-listed geothermal resource developers will benefit from increasing investor attention..."
Polaris Geothermal Inc. TSX:GEO - "Polaris Geothermal Inc., while not having U.S. resources, should benefit from . . .regulatory, energy security, green, etc."
Polaris Geothermal Inc. TSX:GEO - Polaris Geothermal Inc. (TSX:GEO) "we think they have a great resource there, which, when you put it all together, we think the economics of the projects look good."
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Justin Reid
Cormark Securities
416-943-6729
Toronto
Canada
|
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Stephen Richardson
Morgan Stanley & Co. Incorporated
212-761-3741
stephen.i.richardson@morganstanley.com
New York
USA
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Jonathon Robert
Howard Weil Inc.
504-582-2638
Louisiana
USA
|
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Jeff Robertson
Barclay's Capital
214-720-9401
jeffery.robertson@barcap.com
Dallas, TX
USA
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James Rollyson
Raymond James & Associates Inc.
713-278-5254
Houston,TX
USA
|
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Barry Sahgal
Gilfoord Securities
212-940-9219
barry.sahgal@gilfordsecurities.com
New York
USA
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Paul Sankey
Deutsche Bank Securities
|
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Michael Scialla
Thomas Weisel Partners
720-479-2435
mscialla@tweisel.com
Denver, CO
USA
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Roger Serin
TD Newcrest
roger.serin@tdsecurities.com
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Kevin Shaw
Wellington West Capital Markets
- "[Mexico's] Oil was hedged at US$70/bbl for all of 2009."
- "Iraq has plans to increase oil output by 3.5mm bopd by 2017. . ."
- "2009 global exploration and production expenditure is expected to fall by 15% for the year."
- "The number of U.S. rigs that are drilling has reached 899, an increase of 23 on the week."
- ". . .gas pipeline running from Russia to China has been put on hold indefinitely. . ."
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Ryan Shay
Cormark Securities
403-750-7202
Calgary
Canada
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Yves Siegel
Wachovia Securities
212-891-5036
New York
USA
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Brian Singer
Goldman Sachs
212-902-8259
New York
USA
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Jeff Spittel
Natixis Bieichroeder
713-751-1652
Houston, TX
USA
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David Stein
Cormark Securities Inc.
(416) 943-6407
dstein@cormark.com
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David Tameron
Wachovia Securities
Denver, CO
USA
|
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Mark Thomas
Simmons & Co. International
713-546-7218
Houston,TX
USA
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Chris Thompson
Haywood Securities
604-697-7433
Vancouver
Canada
Mega Uranium Ltd. TSX:MGA - "Mega Uranium Ltd. (TSX:MGA) outperformed the Haywood Developers Index (HDI) and the uranium price on a 90-day basis."
- "Uranium was the sector to watch in May as far as uranium focused exploration companies were concerned, despite an 8% decline in uranium's spot price. " (6/3/08)
- "An 8% decline in uranium's spot prices was reflected in a 19% decline in the Haywood Junior Uranium Index (HJUI), as it lost 70 points to close at an indexed value of 296..." (4/25/08)
- "Kevin Rudd's Labor Party victory represents another positive development for uranium mining in Australia..."(11/29/07)
- "The bullish view rests mainly on supply-side considerations, which hinge on the ability of primary and non-primary sources of uranium to meet current and future demand requirements for nuclear power generation..."(11/29/07)
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Jeff Tillery
Tudor, Pickering Energy & Co.
713-333-2964
Houston, TX
USA
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Simon Tonkin
Thomas Weisel Partners
416.815.3115
stonkin@tweisel.com
Toronto
Canada
Mega Uranium Ltd. TSX:MGA - Mega Uranium Ltd. (TSX:MGA) "quality medium-term uranium project at Lake Maitland, good operating margins, experienced and entrepreneurial management"
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George Topping
Blackmont Capital
416-865-2158
gtopping@blackmont.com
Toronto
Canada
U3O8 Corp. TSX.V: UWE - U3O8 Corp. (TSX.V: UWE) "technically competent management, trades at cash value with an existing 6.5mmlb U3O8 deposit to explore."
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John Tysseland
Citigroup
212-816-1442
New York
USA
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Brian Uhlmer
Pritchard Capital Partners
713-401-1625
Houston, TX
USA
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Toni Wallis
Canaccord Adams
604-643-7551
Vancouver
Canada
|
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David Wargo
GMP Securities
416-943-6115
dwargo@gmpsecurities.com
Toronto
Canada
Denison Mines Corp. TSX:DML; NYSE.A:DNN - "We believe that DML's share price has begun to strengthen, both on an absolute and relative basis, to the point that potential acquisitions may again look attractive."
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Phil Weiss
Argus Research Group
646-747-5481
pweiss@argusresearch.com
New York City, NY
USA
|
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James West
Barclays Capital
212-526-8796
New York
USA
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John Wilson
Resource Capital Research
02-9252-9405
jwilson@rcresearch.com.au
- "Planned and proposed new nuclear power reactors worldwide have increased in the past two years. From Jan ’07 to Aug ’08 there was an increase of 96 reactors from 222 reactors (Jan ‘07) to 318 reactors (Aug ‘08), a rise of 43% since Jan ‘07."
- "Uranium fund sentiment and activity remain important factors in the outlook for the spot uranium price." (3/08)
- "Uranium sector pullback over the past quarter, many companies are ~ 50%
off their 12 month highs. Over the past month company share prices have started to recover and have bounced strongly off their lows."(9/25/07)
- "...Current indications suggest the uranium price is heading to US$148/lb near term, an increase of 7% from the current spot price;and US$165/lb by September 2008, an increase of 22% over the current spot price."(6/07)
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Kirk Wilson
Clarus Securities
403-750-7213
Calgary
Canada
|
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Jon Wolff
Credit Suisse
212-538-4563
jon.wolff@credit-suisse.com
New Yrok
USA
|
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Gil Yang
Citigroup
212-816-5803
gil.yang@citigroup.com
New York
USA
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Eric Zaunscherb
Haywood
604-699-6631
Vancouver
Canada
- "We believe that the spot uranium price will strongly firm towards the end of the first half of 2008 as utilities resume buying, and supply disruptions play into the market." (2/13/08)
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Wendell Zerb
Canaccord Adams
604-643-7850
Vancouver
Canada
- "UxC Consulting is projecting uranium production to increase by 14% in 2008; however, with the various delays and with one- third of 2008 already behind us, we suggest that production will not likely meet this target for 2008." (4/23/08)
Powertech Uranium Corp. PWE:TSX - Powertech Uranium Corp. (PWE:TSX) "Dewey Burdock (South Dakota) with inferred resource of 7.6 million pounds U308 within 1.63 million tons grading to .21% U308."
- "Our outlook for uranium is “steady as she goes”. Utilities continue to be quiet buyers;hedge funds even more so. Fundamentals remain solid."(12/19/07)
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