Topic: Growth Stocks

Stock Pickers Digest Hotline – Friday, November 4, 2011

Article Excerpt

TRILOGY ENERGY CORP., $35.29, symbol TET on Toronto, owns oil and gas properties in the Kaybob and Grande Prairie areas of central Alberta. About 71% of Trilogy’s production is natural gas. The remaining 29% is oil. In the three months ended September 30, 2011, Trilogy produced an average of 29,035 barrels of oil equivalent per day (including natural gas). That was up 29.3% from 22,462 barrels a day a year earlier. Trilogy’s daily production should rise to an average of 30,000 barrels for all of 2011. Cash flow per share rose 82.1%, to $0.51 from $0.28 a year earlier; the production increase and higher oil prices were the main reasons for the gain. The company’s long-term debt is now $374.8 million, or a low 8.7% of its market cap. Trilogy is a dividend paying stock. Its annual rate of $0.42 a share yields 1.2%. The shares trade at 8.9 times Trilogy’s forecast 2012 cash flow of $3.95 a share. Trilogy…