Sector Experts

Chad Ellison

Dundee Capital Markets

Chad Ellison joined Dundee Capital Markets as an energy analyst in November 2012. Prior to Dundee, he was with Canaccord Genuity's research team with a focus on Canadian domestic junior and intermediate companies. Ellison gained experience providing financing for E&P and oilfield service companies from 2005 to 2010 with GE's financial services arm. He holds a Bachelor of Commerce degree in finance from the Haskayne School of Business at the University of Calgary.




Recent Interviews

Strong Commodities + Weak Dollar = Canadian Energy Investing Bonanza: Chad Ellison (3/20/14) Chad Ellison of Dundee Capital Markets is gearing up for a red-hot Canadian energy sector. Commodity price strength and weakness in the Canadian dollar are creating a discount in the country's oil and gas explorers and producers. In this interview with The Energy Report, Ellison elaborates on why he's excited to be an energy analyst again, and names companies with strong economics and management teams likely to reward energy investors.

Which Oil Companies Could Benefit from Price Differentials? (5/28/13) chadsub1Price differentials emerged last year as a major hurdle in oil and gas markets, but not every company is equally vulnerable to the swings and dips of different crude grades. In this interview with The Energy Report, Chad Ellison, oil and gas analyst at Dundee Capital Markets, explains how producers are protecting themselves against price downsideŚor increasing upside exposure. Find out which names are dancing with differentials.

Recent Quotes

"Potential clarity on infrastructure timing will be catalysts for BBI stock." (6/26/15) Blackbird Energy Inc. - Chad Ellison, Dundee Capital Markets Moreá>

"MEI's Wayne acquisition makes it a lower-risk company going forward." (6/17/15) Manitok Energy Inc. - Chad Ellison, Dundee Capital Markets Moreá>

"MEI's Wayne acquisition adds key infrastructure, 1,800 boe/d of production and low risk drilling." (6/8/15) Manitok Energy Inc. - Chad Ellison, Dundee Capital Markets Moreá>

"We believe MEI's risk profile is beginning to shrink, we expect the valuation gap to follow suit." (6/2/15) Manitok Energy Inc. - Chad Ellison, Dundee Capital Markets Moreá>

"We are upgrading our recommendation on MEI from Neutral to Buy." (5/4/15) Manitok Energy Inc. - Chad Ellison, Dundee Capital Markets Moreá>

"We continue to favor RE." (3/20/15) Rock Energy Inc. - Chad Ellison, Dundee Capital Markets Moreá>

"We favor RE because of its materially improving cost structure and clean balance sheet." (2/25/15) Rock Energy Inc. - Chad Ellison, Dundee Capital Markets Moreá>

"MEI's infrastructure sale improved the balance sheet." (2/4/15) Manitok Energy Inc. - Chad Ellison, Dundee Capital Markets Moreá>

more comments

"RE's Q4/14 production averaged 5,350 boepd, ahead of our estimate." (1/27/15) Rock Energy Inc. - Chad Ellison, Dundee Capital Markets Moreá>

"MEI's Q3/14 is in line, and its production guidance reaffirmed." (11/17/14) Manitok Energy Inc. - Chad Ellison, Dundee Capital Markets Moreá>

"We are already beginning to see cost improvement at MEI's Entice." (10/9/14) Manitok Energy Inc. - Chad Ellison, Dundee Capital Markets Moreá>

"RE's board appointment adds operational expertise." (10/7/14) Rock Energy Inc. - Chad Ellison, Dundee Capital Markets Moreá>

"MEI's behind pipe Cardium wells should be onstream early in Q4/14." (9/19/14) Manitok Energy Inc. - Chad Ellison, Dundee Capital Markets Moreá>

"RE reported a record Q2/14, with production exceeding our estimates." (8/13/14) Rock Energy Inc. - Chad Ellison, Dundee Capital Markets Moreá>

"MEI's latest results confirm that the team can still deliver strong results in the Foothills." (6/19/14) Manitok Energy Inc. - Chad Ellison, Dundee Capital Markets Moreá>

"MEI's Q1/14 production is in line, with higher than forecasted royalties and lower capex." (5/30/14) Manitok Energy Inc. - Chad Ellison, Dundee Capital Markets Moreá>

"RE's well performance and exploration success surpass expectations." (5/13/14) Rock Energy Inc. - Chad Ellison, Dundee Capital Markets Moreá>

"MEI is at an attractive entry point; we reiterate our Buy." (4/29/14) Manitok Energy Inc. - Chad Ellison, Dundee Capital Markets Moreá>

"We consider RE one of our top ideas." (4/17/14) Rock Energy Inc. - Chad Ellison, Dundee Capital Markets Moreá>

"MEI's year-end reserves showed 60% net asset value/share improvement." (4/16/14) Manitok Energy Inc. - Chad Ellison, Dundee Capital Markets Moreá>

(2/27/14) Manitok Energy Inc. - Chad Ellison, Dundee Capital Markets Moreá>

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