Sector Experts

Tim Murray

Desjardins Securities

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Tim Murray joined Desjardins Securities in July 2011. Prior to this, he was an oil and gas analyst for almost six years at several investment boutiques covering junior and mid-cap companies. He also spent over a year at AltaGas Income Trust performing risk and credit analysis on natural gas and power assets for the company's midstream business and served as an investment advisor for three years. Tim was awarded the CFA designation in 2003.




Recent Interviews

Do the Companies You Hold Have a Backup Plan? They Should, Says Tim Murray (2/12/13) Hiccups, either market- or operations-related, are the norm rather than the exception, especially in the junior oil and gas space. That's why Tim Murray, oil and gas analyst at Desjardins Securities, prefers to invest in management teams with long-term vision and a plan for worst-case scenarios. A stellar balance sheet doesn't hurt, either. In his interview with The Energy Report, Murray shares stories of capable management teams that are rolling with the punchesŚand rewarding investors who stick with them.

Where to Look in This Volatile Oil Market: Tim Murray (8/2/12) It hasn't been a very exciting year for most energy stocks, but therein lies the opportunity for selective buyers with a longer-term view. In this exclusive interview with The Energy Report, Tim Murray, oil and gas analyst at Desjardins Securities, explains why he prefers small-cap producers in this market environment and discusses a few favorites he expects will outperform.

Finding Growth in a Flat Energy Market: Tim Murray (1/5/12) Clean balance sheets, cash flow visibility and trading liquidity in oily stocks are the cornerstones of investment success in junior E&Ps, according to Oil and Gas Analyst Tim Murray of Desjardins Securities. In this exclusive interview with The Energy Report, Murray lays out his risk/reward proposition for his very favorite names.

Recent Quotes

"EQU sold its Canadian assets, declared a dividend and now has a squeaky-clean balance sheet." (2/12/13) Equal Energy Ltd. - The Energy Report Interview with Tim Murray Moreá>

"We are increasing our target price for EQU and maintaining our Buy rating." (12/17/12) Equal Energy Ltd. - Tim Murray, Desjardins Securities Moreá>

"EQU beat our estimates for Q2/12 production and cash flow." (8/10/12) Equal Energy Ltd. - Tim Murray, Desjardins Securities Moreá>

"I could see EQU selling its Canadian or U.S. assets, potentially both." (8/2/12) Equal Energy Ltd. - The Energy Report Interview with Tim Murray Moreá>

"EQU's Viking and Cardium assets in Canada are most attractive." (5/11/12) Equal Energy Ltd. - Tim Murray, Desjardins Securities Moreá>

"We view EQU's strategic review process as positive." (5/4/12) Equal Energy Ltd. - Tim Murray, Desjardins Securities Moreá>

"We view EQU's joint venture partnership positively." (4/4/12) Equal Energy Ltd. - Tim Murray, Desjardins Securities Moreá>

"We are initiating coverage of EQU, which could become a dividend-payer." (3/27/12) Equal Energy Ltd. - Tim Murray, Desjardins Securities Moreá>



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