Sector Experts

Amin Haque

MGI Securities

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Amin Haque provides MGI Securities with 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 sides focusing on energy and other resource sectors. Prior to joining MGI, Haque provided independent valuation services to oilfield services, logistics and related companies to Stonecap. Before making 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 a Master of Business Administration degree from Georgetown University in Washington, D.C. He is a CFA charter holder.




Recent Interviews

Plenty of Opportunities Still Left in International Junior E&Ps: Amin Haque (11/21/13) You may not think "oil" when you hear "Albania," but the once war-torn nation is home to the largest onshore oil field in Europe, says MGI Securities Analyst Amin Haque. Furthermore, the underexplored jurisdiction is likely hosting large undiscovered oil reserves. In this interview with The Energy Report, Haque explains the political and fiscal environment in this transitioning country and profiles some promising companies making headway there. He also brings us up to speed on some plays in Nigeria that could return big bucks for patient investors.

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

"MMT is poised to become a successful midcap crude producer in 2014." (2/28/14) Mart Resources Inc. - Amin Haque, MGI Securities Moreá>

"Bringing an alternative pipeline on-line will allow MMT to produce more, generate more cash and at the end of the day, increase its dividend." (11/21/13) Mart Resources Inc. - The Energy Report Interview with Amin Haque Moreá>

"We maintain our Buy rating on MMT." (11/20/13) Mart Resources Inc. - Amin Haque, MGI Securities Moreá>

"We maintain our Buy rating for MMT, which has substantial production growth potential." (10/31/13) Mart Resources Inc. - Amin Haque, MGI Securities Moreá>

"We are initiating coverage of MMT; we believe the current price is an excellent entry point for investors." (8/16/13) Mart Resources Inc. - Amin Haque, MGI Securities Moreá>

"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 Moreá>

"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 Moreá>

"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 Moreá>

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"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 Moreá>

"The recent, $100M term loan provides MMT with added flexibility." (3/27/13) Mart Resources Inc. - Amin Haque, Stonecap Securities Moreá>

"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 Moreá>

"MMT continues to make advances toward diversifying its oil transportation options." (3/1/13) Mart Resources Inc. - Amin Haque, Stonecap Securities Moreá>

"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 Moreá>

"MMT started 2013 on strong financial footing." (2/7/13) Mart Resources Inc. - Amin Haque, Stonecap Securities Moreá>

"MMT is expected to start its 2013 development program with a strong balance sheet." (12/12/12) Mart Resources Inc. - Amin Haque, Stonecap Securities Moreá>

"NZ had some impressive successes in a comparatively new jurisdiction for Canadian companies." (12/6/12) New Zealand Energy Corp. - The Energy Report Interview with Amin Haque Moreá>

"MMT found success by using new technology to reinterpret 3-D seismic data." (12/6/12) Mart Resources Inc. - The Energy Report Interview with Amin Haque Moreá>

"We maintain our Outperform rating for MMT." (11/27/12) Mart Resources Inc. - Amin Haque, Stonegate Securities Moreá>

"We are initiating coverage on MMT with an Outperform rating." (11/2/12) Mart Resources Inc. - Amin Haque, Stonecap Securities Moreá>

"NZ is an exploration company whose true potential is currently unfolding." (10/18/12) New Zealand Energy Corp. - Amin Haque, Stonecap Securities Moreá>

"We maintain our Outperform rating of NZ." (8/30/12) New Zealand Energy Corp. - Amin Haque, Stonecap Securities Moreá>

"NZ seems well advanced in its drilling strategy with a significant inventory of leads." (8/24/12) New Zealand Energy Corp. - Amin Haque, Stonecap Securities Moreá>

"NZ's timely pipeline tie-in at Taranaki gives us added confidence." (7/10/12) New Zealand Energy Corp. - Amin Haque, Stonecap Securities Moreá>

"We maintain our Outperform rating for NZ." (7/9/12) New Zealand Energy Corp. - Amin Haque, Stonecap Securities Moreá>

"MMT has expanded its processing and storage facilities, anticipating large production growth." (7/3/12) Mart Resources Inc. - Amin Haque, Stonecap Securities Moreá>

"NZ's new acquisition firmly secures its longer-term growth." (6/7/12) New Zealand Energy Corp. - Amin Haque, Stonecap Securities Moreá>

"We maintain our Outperform rating on NZ." (5/1/12) New Zealand Energy Corp. - Amin Haque, Stonecap Securities Moreá>

"NZ's CM-3 and CM-4 wells are expected to add to production." (4/30/12) New Zealand Energy Corp. - Amin Haque, Stonecap Securities Moreá>

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