Quite a chart, but the MACD is pointed hard down, and a significant correction is underway. CLLZF is the US stock symbol, and it's CLL on the Toronto exchange. It has over 70,000 acres at the Great Divide oil sands project. It also has conventional oil and gas production in other parts of Canada, as well as interests in Argentina and Peru. TomD first mentioned this one, and I'm very glad he did.
Similar chart for CanWest Petroleum, eh? CWPC is the US symbol, and I don't see one listed in Canada. From the company website: "Our Company has strategically positioned itself as the controlling shareholder of Oilsands Quest Inc. (with 70% equity), a private Calgary based company that now holds the second largest prospective land position in the Athabasca Tar Sands Region known as Firebag East. Oilsands Quest Inc. is the operator and under the direction of its' president Christopher Hopkins is prepared for a major exploration program starting early November 2005 as to 150 drill holes with the potential to discover a world class oil resource of several billion barrels which is in keeping with the reserves to the west."
I encourage everyone to go to the company websites, read all they can there and everywhere else. You see a lot of those "forward-looking" statements and the usual caveats apply. In the end, the charts rule, and this is a good one.
UEYCF in the US, UTS in Toronto. UTS's main deal is a 30% stake in the Fort Hills energy partnership, along with Petro-Canada (55%) and Teck Cominco (15%). That 30% represents a lot of energy, even though production is years away. The partnership will build an upgrader to process the oil sands product, and on a basis of dollars in stock value versus barrels of resources UTS is a great buy. There is the waiting-for-production factor, though, and you can see from the chart that it's overbought and very possible entering a corrective phase. Having the money and muscle of Petro-Canada along is a plus in some ways, but it can also be a limiting factor and on a "pure oil sands play" basis I rate Connacher higher.
HBNRF in the US, HAO in Toronto. TomD also gets credit for bringing this stock up. It's the riskiest one in the bunch, but good prospects are there. I didn't go with most of the majors for these picks. Imperial Oil, Exxon Mobil, Petro-Canada -- how much are those stocks really going to go up in price on a percentage basis? Small market capitalization, and the company's stated goal "is to become a mid-range oil and gas producer."
Like the others thus far, a big price increase in the stock, followed by an ongoing correction.
Suncor is a major. SU in both the US and Canada. Not as much a pure play on the oil sands, but Suncor's sands production lately has been as much or more as all the Syncrude partners put together. Doesn't pay much of a dividend and the P/E is 31.4 May be in a substantial correction here, and if crude oil keeps declining, SU may get to a good buying point.
Another chart with a hard down MACD. Easily could go to $60. May be in a large "ABC" correction from the late summer high last year and end up in the low $50s. The price of oil obviously has a lot to do with the valuation of oil sands stocks, and I am going to watch for bottoming indications in all the charts.
Best,
Doug
it's definitely UTS. To give Mike Schaefer credit, it was his advertisement e-mails that first brought UTS to my attention. He gives recent prices and "90 kilometers north of Ft. McMurray" in his blurbs, so it's easy to find out what he's talking about. He may be right about UTS. Based on the sheer amount of oil in the ground, it's a heck of a buy.
UTS really did need Petro-Canada, I guess, but now P-C is in the driver's seat with that 55% stake. Connacher is doing its own thing, and its management is more aggressive in my opinion. I haven't checked lately but I believe Connacher's production from the sands comes earlier too. The float is a lot bigger for UTS, as well. Smaller market capitalization and being independent makes me give the nod to Connacher. I certainly could be wrong about it, too. I own them both and want them both.
They were both down big today, 8-9%, and with their overbought status plus the weakness in oil prices currently combined with what looks like a significant correction in energy stock prices going on, methinks these bad boys are heading down for good buying areas.
Best,
Doug
Holy Crow, Russ -- the 1990 lows? 
