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"Energy XXI is always looking at acquisitions and optimizing the drilling program. With the share buyback, the company is showing it recognizes the value of cash flow." (6/4/13) Energy XXI - The Energy Report Interview with Andrew Coleman More >
"Uranium producers like EFR are going to start popping up on people's radar screens." (5/23/13) Energy Fuels Inc. - The Energy Report Interview with Matt Badiali More >
"The conservative uranium bet is to go with companies making money at current prices. That's FCU." (5/23/13) Fission Uranium Corp. - The Energy Report Interview with Matt Badiali More >
"CHK is active in the Marcellus sweet spot in northwestern West Virginia." (5/16/13) Chesapeake Energy Corp. - The Energy Report Interview with Josh Young More >
"FCU is on to the most exciting uranium discovery to come around in quite a while." (5/14/13) Fission Uranium Corp. - The Metals Report Interview with Brent Cook More >
Sector Experts
Amin Haque
Amin Haque joined the Stonecap oil and gas research team in Calgary in October 2011, providing research coverage of international explorers, producers and oilfield service companies. Haque brings 14 years of financial market experience, seven of which have been devoted to equity research analysis. He worked as an analyst both on the buy and the sell side focusing on energy and other resource sectors. Prior to joining Stonecap, Haque provided independent valuation services to oilfield services, logistics and related companies. Before his career as an analyst in the energy and the resources sector, he worked in risk management for a New York-based global credit card company. He also worked as a management consultant providing consulting services to a variety of U.S. and international financial organizations including Ginnie Mae and the World Bank. Haque is an electrical engineer by training, and holds an Master of Business Administration degree from Georgetown University in Washington, DC. He is a CFA charterholder.
Recent Interviews
Three Global Threats that Keep This Stonecap Analyst Up at Night (3/28/13) As the demand for oil and gas grows worldwide, investors have to look beyond their geographic comfort zones and seek out opportunities in places less familiar than just North America. In this interview with The Energy Report, Amin Haque, energy analyst at Stonecap Securities, reviews his current thinking on some of the risks associated with energy production on an international basis and points out some of his favorite situations, which he believes will provide investors with above-average returns in the current market environment.
Weighing the Risks in International Oil Plays (12/6/12) Explorers and producers need to go where the oil is. But how do you balance resource upside potential with jurisdictional risk? Amin Haque of Stonecap Securities argues that jurisdiction risk isn't a deal-breaker if management knows how to mitigate it. In this interview with The Energy Report, Haque shares some companies that meet those criteria, favoring redevelopment plays that avoid exploration risk. Find out which teams are using new technologies to turn proven reserves into economic international projects.
Recent Quotes
"In 2012 MMT's Umu-9 was an excellent well, flowing 11,718 bbl/d from five sands." (4/23/13) Mart Resources Inc. - Amin Haque, Stonecap Securities More >
"MMT's production growth and pipeline access portend excellent growth in production and cash flow." (4/16/13) Mart Resources Inc. - Amin Haque, Stonecap Securities More >
"Things seem to be going well on the development front for MMT." (3/28/13) Mart Resources Inc. - The Energy Report Interview with Amin Haque More >
"The sum of the value of NZ's individual assets should be higher than its current valuation." (3/28/13) New Zealand Energy Corp. - The Energy Report Interview with Amin Haque More >
"The recent, $100M term loan provides MMT with added flexibility." (3/27/13) Mart Resources Inc. - Amin Haque, Stonecap Securities More >
"We expect MMT's production and reserves to significantly improve toward the end of 2013." (3/12/13) Mart Resources Inc. - Amin Haque, Stonecap Securities More >
"MMT continues to make advances toward diversifying its oil transportation options." (3/1/13) Mart Resources Inc. - Amin Haque, Stonecap Securities More >
"Even a less than full valuation of NZ provides excellent upside from the current price; we increase our rating to Outperform." (2/26/13) New Zealand Energy Corp. - Amin Haque, Stonecap Securities More >
Notable Quotes
"URZ is fully permitted, has offtake agreements in place and should be receiving a $20M loan." (6/13/13) Uranerz Energy Corp. - The Energy Report Interview with Chris Berry More >
"EFR signed a letter of intent to acquire Strathmore Minerals." (6/13/13) Energy Fuels Inc. - The Energy Report Interview with Chris Berry More >
"EUU has a high-grade resource and an ideal location." (6/13/13) European Uranium Resources Ltd. - The Energy Report Interview with Chris Berry More >
"The location of STM's deposits and its relationships with Sumitomo and KEPCO make it an ideal take-out candidate." (6/13/13) Strathmore Minerals Corp. - The Energy Report Interview with Chris Berry More >
"I am looking at global integrated players such as RDS; it is big and pays nice dividends." (6/11/13) Royal Dutch Shell Plc - The Energy Report Interview with Byron King More >
The Energy Report