Two oil and gas stocks: two levels of risk

BIRCHCLIFF ENERGY $7.63 (Toronto symbol BIR; SI Rating: Speculative) (403-261-6401;; Units outstanding: 123.3 million; Market cap: $940.5 million) develops, produces and explores for oil and natural gas in northwestern Alberta’s Peace River Arch area.

Birchcliff owns oil production and drilling prospects at Worsely, Alberta. The… Read More

Two Aggressive Buys With Passing Problems

BAYOU BEND PETROLEUM $0.58 (Toronto symbol BBP; SI Rating: Speculative) (416-364-8820;; Shares outstanding: 308.3 million; Market cap: $178.8 million) plunged 40% in one day recently after it drilled a dry hole in the Gulf of Mexico. However, we think investors overreacted to the results… Read More