Inside the Market’s roundup of some of today’s key analyst actions
) has given it “a dominant position in its conventional Sparky and SE Saskatchewan core oil plays and increasing the stock’s investor awareness potential.”
“We see SGY as one of the best ways to get exposure to conventional oil plays, including the multilateral drilling evolution, our bullish view on heavy oil differentials, and a recovery in oil prices,” said Mr. Skolnick. “The company has assets in both Alberta and Saskatchewan, with a focus on its Sparky and Frobisher assets, which provide waterflood and single leg frac’d wells & open hole multilateral opportunities in Alberta and SE Saskatchewan.
) with a “buy” recommendation, believing it “provides a differentiated investment opportunity in the heavy oil space with its growth strategy in the emerging multilateral growth wedge of the Mannville Stack.” Mr. True emphasized Lycos’ strategy of focusing on production growth while expanding its reserves base, which requires spending its cash flow, is “differentiated from most peers.”
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