Trilogy Energy Trust (TSE TET) modified Aug 08, 2008
The East Kaybob and Marten Creek properties held by Trilogy Energy Trust are geographically concentrated in central Alberta. These are developed, high working interest, lower decline properties with many infill drilling opportunities and good access to owned infrastructure and processing facilities. The Trilogy assets are currently producing approximately 25,000 Boe/d, comprised of approximately 120 MMcf/d of natural gas and 5,000 Bbl/d of crude oil and natural gas liquids. A report of Paddock Lindstrom & Associates Ltd., independent petroleum engineers, dated effective December 31, 2004 assigned 44,722 MBoe of Proved Reserves and 64,254 MBoe of Proved plus Probable Reserves to these properties
Recent News: Trilogy Energy Corp. Announces Results from New Horizontal Montney Oil Play
Trilogy Energy Corp. Announces Strategic Natural Gas Liquids Recovery Agreement and January Dividend
Trilogy Energy Corp. Provides Operations Update and 2011 Guidance
Gordon Tait ....... BMO Capital Markets Feb 11, 2011
Upgraded to OUTPERFORM from MARKET PERFORM
Target raised to $21.00 from $15.50
TET Price day before: $18.18 Finish day of posting:$17.73Current:$17.73
--------Jan 25, 2011-------
Maintained MARKET PERFORM
Target raised to $15.50 from $14.50
TET Price day before: $14.50 Finish day of posting:$14.50Current:$17.73
--------Jan 18, 2011-------
Maintained MARKET PERFORM
Target raised to $14.50 from $13.00 (Target hit)
TET Price day before: $12.95 Finish day of posting:$13.68Current:$17.73
-------Dec 14, 2010------
Maintained MARKET PERFORM
Target raised to $13.00 from $12.50 (Target hit)
TET Price day before: $12.12 Finish day of posting:$12.40Current:$17.73
------June 16, 2010------
Target raised to $11.00 from $10.00 (Target Hit Aug 06, 2010)
TET Price day before: $10.09 Finish day of posting:$10.02Current:$17.73
-------Mar 04, 2008------
Maintained MARKET PERFORM
Target raised to $9.00 from $8.00 (Target hit)
TET Price day before: $8.50 Finish day of posting:$8.50Current:$17.73
--------Nov 19, 2007------
Maintained MARKET PERFORM
Target reduced to $8.00 from $9.00(Target Hit Feb 14, 2008)
TET Price day before: $5.91 Finish day of posting:$6.00Current:$17.73
------Nov 16, 2007-------
Maintained MARKET PERFORM
Target reduced to $9.00 from $10.00
TET Price day before: $6.62 Finish day of posting:$5.91Current:$17.73
-------Aug 08, 2007-------
Maintained MARKET PERFORM
Price Target reduced to $10.50 from $12.25
TET Price day before: $8.57 Finish day of posting:$8.18Current:$17.73
------Jan 16, 2007-----
Downgraded to MARKET PERFORM from OUTPERFORM
TET Price day before: $10.87 Finish day of posting:$10.74Current:$17.73
-----Sept 22, 2005------
Maintained OUTPERFORM
Price Target raised to $26.00 from $22.50 (Target Hit)
TET Price day before: $26.90 Finish day of posting:$26.14Current:$17.73
*************
Fergal Kelly....... RBC Capital Markets .Feb 11, 2011
Maintained OUTPERFORM
Target raised to $19.00 from $13.50
TET Price day before: $18.18 Finish day of posting:$17.73Current:$17.73
------Dec 08, 2010--------
Maintained OUTPERFORM
Target raised to $13.50 from $12.50( Target Hit Jan 18, 2010)
TET Price day before: $11.38 Finish day of posting:$12.12Current:$17.73
---------Aug 04, 2010--------
Maintained OUTPERFORM
Target raised to $12.50 from $11.50 (Target Hit Dec 13, 2010)
TET Price day before: $10.36 Finish day of posting:$10.37Current:$17.73
------May 05, 2010---
Maintained OUTPERFORM
Target raised to $11.00 from $10.00 (Target Hit Aug 06, 2010)
TET Price day before: $9.26 Finish day of posting:$9.24Current:$17.73
-------Mar 03, 2010---
Upgraded to OUTPERFORM from SECTOR PERFORM
TET Price day before: $9.45 Finish day of posting:$9.30Current:$17.73
************
Sean Barr ....... GMP Feb 11, 2011
Target raised to $20.00 from $16.25
TET Price day before: $18.18 Finish day of posting:$17.73Current:$17.73
--------Dec 08, 2010-------
Target raised to $14.75 from $14.25 (Target Hit Jan 21, 2011)
TET Price day before: $11.38 Finish day of posting:$12.12Current:$17.73
------Nov 03, 2010------
Target raised to $14.25 from $14.00 (Target Hit Jan 19, 2011)
TET Price day before: $10.43 Finish day of posting:$10.37Current:$17.73
------July 15, 2010------
Target raised to $14.00 from $13.50 (Target Hit Jan 19, 2011)
TET Price day before: $9.79 Finish day of posting:$9.80Current:$17.73
-------May 05, 2010-----
Target raised to $13.00 from $11.50 (Target Hit Dec 12, 2010)
TET Price day before: $9.26 Finish day of posting:$9.24Current:$17.73
-----Apr 13, 2010------
Target reduced to $11.50 from $12.00 (Target Hit Sept 02, 2010)
TET Price day before: $8.77 Finish day of posting:$8.57Current:$17.73
***************
Roger Serin ....... TD Newcrest Feb 11, 2011
Maintained HOLD
Target raised to $17.50 from $15.00
TET Price day before: $18.18 Finish day of posting:$17.73Current:$17.73
*************
...... CIBC World Markets Jan 19, 2011
Maintained SECTOR PERFORM
Target raised to $15.00 from $13.75 (Target Hit)
TET Price day before: $13.68 Finish day of posting:$14.29Current:$17.73
--------Jan 12, 2011------
Maintained SECTOR PERFORM
Target raised to $13.75 from $13.50 (Target Hit)
TET Price day before: $12.62 Finish day of posting:$13.04Current:$17.73
------Dec 09, 2010----
Maintained SECTOR PERFORM
Target raised to $13.50 from $12.50 (Target Hit)
TET Price day before: $12.12 Finish day of posting:$12.40Current:$17.73
------Nov 05, 2010----
Target reduced to $12.50 from $13.00 (Target Hit Dec 13, 2010)
TET Price day before: $10.66 Finish day of posting:$10.52Current:$17.73
---------Sept 08, 2010------
Maintained SECTOR PERFORM
Target raised to $13.00 from $12.00 (Target Missed)
TET Price day before: $11.69 Finish day of posting:$11.50Current:$17.73
-------Aug 04, 2010-----
Maintained SECTOR PERFORM
Target raised to $12.00 from $11.00 (Target Hit)
TET Price day before: $10.37 Finish day of posting:$10.54Current:$17.73
------July 06, 2010-----
New SECTOR PERFORM
Target $11.00 (Target Hit Aug 06, 2010)
TET Price day before: $9.30 Finish day of posting:$9.38Current:$17.73
***************
William Lee...... Scotia Capital Jan 18, 2011
Maintained OUTPERFORM
Target raised to $15.50 from $14.50
TET Price day before: $12.95 Finish day of posting:$13.68Current:$17.73
-------Jan 06, 2011------
Maintained OUTPERFORM
Target raised to $14.50 from $13.50 (Target Hit Jan 21, 2011)
TET Price day before: $11.93 Finish day of posting:$11.96Current:$17.73
--------Sept 16, 2010------
Maintained OUTPERFORM
Target raised to $13.50 from $12.50 (Target Hit Jan 18, 2011)
TET Price day before: $11.32 Finish day of posting:$11.21Current:$17.73
-----Aug 04, 2010------
Maintained OUTPERFORM
Target raised to $12.50 from $12.25 (Target Hit Dec 13, 2010)
TET Price day before: $10.37 Finish day of posting:$10.54Current:$17.73
-------June 02, 2010------
New OUTPERFORM
Target $12.25 (Target Hit Dec 08, 2010)
TET Price day before: $8.70 Finish day of posting:$8.92Current:$17.73
***************
Menal Patel ....... National Bank Financial .Dec 08, 2010
Maintained UNDER PERFORM
Target raised to $12.00 from $11.75
TET Price day before: $11.38 Finish day of posting:$12.12Current:$17.73
--------Sept 16, 2010------
Downgraded to UNDER PERFORM from SECTOR PERFORM
TET Price day before: $11.32 Finish day of posting:$11.21Current:$17.73
------July 14, 2010---
Maintained SECTOR PERFORM
Target $10.50
TET Price day before: $9.81 Finish day of posting:$9.79Current:$17.73
-------May 05, 2010----------
Maintained SECTOR PERFORM
Target raised to $10.50 from $9.00 (Target Hit Aug 05, 2010)
TET Price day before: $9.26 Finish day of posting:$9.24Current:$17.73
-------Mar 03, 2010----
Downgraded to SECTOR PERFORM from OUTPERFORM
TET Price day before: $9.45 Finish day of posting:$9.30Current:$17.73
************
Greg Shaw ....... TD Newcrest Nov 03, 2010
Maintained HOLD
Target raised to $12.00 from $11.50 (Target Hit0)
TET Price day before: $10.43 Finish day of posting:$10.37Current:$17.73
-------May 05, 2010----
Maintained HOLD
Target raised to $9.50 from $9.00
TET Price day before: $9.26 Finish day of posting:$9.24Current:$17.73
------Mar 03, 2010------
Downgraded to HOLD from BUY
Target reduced to $10.00 from $10.50
TET Price day before: $9.45 Finish day of posting:$9.30Current:$17.73
-------Nov 25, 2009------
Upgraded to BUY from HOLD
Target reduced to $8.50 from $9.00 (Target Hit Dec 29, 2010)
TET Price day before: $7.50 Finish day of posting:$7.65Current:$17.73
-------Oct 19, 2009--------
Maintained HOLD
Target raised to $9.00 from $7.50
TET Price day before: $8.62 Finish day of posting:$8.61Current:$17.73
--------Aug 06, 2009---------
Maintained HOLD
Target raised to $8.00 from $7.00
TET Price day before: $8.00 Finish day of posting:$7.85Current:$17.73
------June 12, 2009-------
Maintained HOLD
Target raised to $7.00 from $6.00
TET Price day before: $6.77 Finish day of posting:$6.75Current:$17.73
-----Aug 18, 2008--------
Maintained HOLD
Target reduced to $11.00 from $13.00
TET Price day before: $10.82 Finish day of posting:$10.50Current:$17.73
-------Aug 07, 2008-------
Maintained HOLD
Target $13.00
TET Price day before: $12.29 Finish day of posting:$12.10Current:$17.73
------May 16, 2008-----
Maintained HOLD
Target $12.00
TET Price day before: $12.45 Finish day of posting:$12.76Current:$17.73
-------May 08, 2008---------
Maintained HOLD
Target raised to $12.00 from $9.50
TET Price day before: $12.83 Finish day of posting:$12.82Current:$17.73
-------Mar 04, 2008---------
Maintained HOLD
Target raised to $7.50 from $6.00
TET Price day before: $8.50 Finish day of posting:$8.50Current:$17.73
------Nov 20, 2007-----
Maintained HOLD
Target reduced to $6.00 from $7.00
TET Price day before: $6.00 Finish day of posting:$6.14Current:$17.73
-------Nov 07, 2007-------
Maintained HOLD
Target reduced to $7.00 from $7.50 (Target Hit Nov 08, 2007)
TET Price day before: $7.60 Finish day of posting:$7.17Current:$17.73
--------Oct 03, 2007-----
New HOLD
Target $7.50 (Target Hit Nov 07, 2007)
TET Price day before: $8.09 Finish day of posting:$7.90Current:$17.73
*************
Kurt Molnar....... Thomas Weisel .Mar 03, 2010
Maintained OVERWEIGHT
Target raised to $13.00 from $12.00 (Target Hit Dec 12, 2010)
TET Price day before: $9.45 Finish day of posting:$9.30Current:$17.73
------May 02, 2008---
New OVERWEIGHT
Target $16.00
TET Price day before: $11.75 Finish day of posting:$12.17Current:$17.73
*****************
Mark Bridges ....... CIBC World Markets Aug 25, 2008
Target reduced to $13.50 from $15.00
TET Price day before: $11.11 Finish day of posting:$10.91Current:$17.73
------Apr 28, 2008--------
Target raised to $12.50 from $10.00 (Target Hit)
TET Price day before: $11.74 Finish day of posting:$11.81Current:$17.73
-------Mar 03, 2008-----
Target raised to $10.00 from $8.00 (Target Hit Mar 27, 2007)
TET Price day before: $8.50 Finish day of posting:$8.50Current:$17.73
--------July 11, 2007-------
Maintained SECTOR PERFORM
Price Target reduced to $10.50 from $12.00
TET Price day before: $10.21 Finish day of posting:$10.34Current:$17.73
------Jan 12, 2007-----------
Downgraded to SECTOR PERFORM from OUTPERFORM
Price Target reduced to $11.75 from $13.50 (Target Hit Apr 27, 2007)
TET Price day before: $10.74 Finish day of posting:$10.65Current:$17.73
-----Nov 13, 2006----
Price Target reduced to $13.50 from $17.25
TET Price day before: $11.19 Finish day of posting:$10.85Current:$17.73
*****************
Victor Rodberg .......Dundee Securities .May 16, 2008
Target raised to $13.50 from $12.00
TET Price day before: $12.45 Finish day of posting:$12.76Current:$17.73
-------Apr 11, 2008----
Target raised to $11.00 from $8.00
TET Price day before: $11.02 Finish day of posting:$11.00Current:$17.73
---------Mar 04, 2008------
Target raised to $8.00 from $6.75
TET Price day before: $8.50 Finish day of posting:$8.50Current:$17.73
-------Nov 03, 2006----
Price Target reduced to $15.50 from $19.00
TET Price day before: $12.39 Finish day of posting:$12.42Current:$17.73
*****************
Peter Ogden ....... National Bank Financial .May 07, 2007
Downgraded to UNDERPERFORM from SECTOR PERFORM
TET Price day before: $13.09 Finish day of posting:$12.83Current:$17.73
--------Mar 25, 2008------
Target raised to $9.50 from $8.25
TET Price day before: $9.19 Finish day of posting:$9.30Current:$17.73
--------Nov 19, 2007----
Upgraded to OUTPERFORM from SECTOR PERFORM
TET Price day before: $5.91 Finish day of posting:$6.00Current:$17.73
------Oct 19, 2007------
Upgraded to SECTOR PERFORM from UNDERPERFORM
TET Price day before: $8.08 Finish day of posting:$7.97Current:$17.73
--------Aug 08, 2007-------
Upgraded to SECTOR PERFORM from UNDERPERFORM
TET Price day before: $8.57 Finish day of posting:$8.18Current:$17.73
-------Mar 06, 2007--------
Maintained SECTOR PERFORM
Price Target reduced to $10.00 from $11.50 (Target Hit)
TET Price day before: $9.43 Finish day of posting:$9.47Current:$17.73
-------Jan 24, 2007-------
Downgraded to SECTOR PERFORM from OUTPERFORM
TET Price day before: $11.01 Finish day of posting:$10.95Current:$17.73
------Nov 14, 2006---------
Upgraded to OUTPERFORM from SECTOR PERFORM
Price Target reduced to $12.25 from $16.00
TET Price day before: $10.85 Finish day of posting:$10.72Current:$17.73
*****************
David Beddis ....... GMP May 07, 2008
Target raised to $12.50 from $11.25
TET Price day before: $13.09 Finish day of posting:$12.83Current:$17.73
------Feb 25, 2008--------
Downgraded to HOLD from BUY
Target raised to $8.00 from $6.75
TET Price day before: $8.49 Finish day of posting:$8.51Current:$17.73
-------Aug 08, 2007---
Price Target reduced to $10.50 from $12.00
TET Price day before: $8.57 Finish day of posting:$8.18Current:$17.73
*****************
Fergal Kelly....... RBC Capital Markets .May 07, 2008
Target raised to $10.50 from $9.00
TET Price day before: $13.09 Finish day of posting:$12.83Current:$17.73
------Mar 04, 2008----
Target raised to $7.50 from $6.75
TET Price day before: $8.50 Finish day of posting:$8.50Current:$17.73
-------Nov 19, 2007-------
Target reduced to $6.50 from $7.50 (Target Hit Nov 30, 2008)
TET Price day before: $5.91 Finish day of posting:$6.00Current:$17.73
*****************
Brian Ector ....... Scotia Capital .Mar 04, 2008
Maintained SECTOR PERFORM
Target raised to $8.25 from $7.00
TET Price day before: $8.50 Finish day of posting:$8.50Current:$17.73
-------Nov 16, 2007-----
Maintained SECTOR PERFORM
Target reduced to $8.00 from $9.00 (Target Hit Feb 14, 2008)
TET Price day before: $6.62 Finish day of posting:$5.91Current:$17.73
--------Oct 01, 2007--------
Upgraded to SECTOR PERFORM from UNDERPERFORM
Target $9.00
TET Price day before: $8.20 Finish day of posting:$8.14Current:$17.73
--------Aug 08, 2007-------
Maintained UNDERPERFORM
Price Target reduced to $9.00 from $10.00
TET Price day before: $8.57 Finish day of posting:$8.18Current:$17.73
*****************
Alexander Klein ....... Blackmont Capital .Nov 16, 2007
Maintained HOLD
TET Price day before: $6.62 Finish day of posting:$5.91Current:$17.73
-----Aug 08, 2007-------
Maintained HOLD
Price Target reduced to $8.75 from $9.00
TET Price day before: $8.57 Finish day of posting:$8.18Current:$17.73
-------July 31, 2007------
Downgraded to HOLD from BUY
Price Target reduced to $9.00 from $12.00
TET Price day before: $9.05 Finish day of posting:$8.90Current:$17.73
--------Mar 06, 2007-------
Maintained BUY
TET Price day before: $9.43 Finish day of posting:$9.47Current:$17.73
-------Jan 18, 2007---------
New BUY
Price Target $12.50 (Target Hit May 07, 2007)
TET Price day before: $10.64 Finish day of posting:$10.62Current:$17.73
*****************
Bruce McDonald ....... Canaccord Capital Nov 07, 2007
Maintained HOLD
Target $7.00 (Target Hit Nov 08, 2007)
TET Price day before: $7.60 Finish day of posting:$7.17Current:$17.73
-------Aug 08, 2007-------
Maintained HOLD
Price Target reduced to $9.00 from $9.50
TET Price day before: $8.57 Finish day of posting:$8.18Current:$17.73
-----Mar 06, 2007--------
Maintained BUY
Price Target $12.50 (Target Hit May 07, 2007)
TET Price day before: $9.43 Finish day of posting:$9.47Current:$17.73
-------Jan 10, 2007------
Maintained BUY
Price Target reduced to $12.00 from $15.00 (Target Hit May 04, 2007)
TET Price day before: $10.83 Finish day of posting:$10.87Current:$17.73
-----Nov 13, 2006-----
Upgraded to BUY from HOLD
TET Price day before: $11.19 Finish day of posting:$10.85Current:$17.73
----Sept 25, 2006-----
Downgraded to HOLD from BUY
Price Target reduced to $16.50 from $19.50
TET Price day before: $16.80 Finish day of posting:$15.99Current:$17.73
-----Sept 05, 2006-----
Upgraded to BUY from HOLD
Price Target $19.50
TET Price day before: $18.60 Finish day of posting:$18.52Current:$17.73
-------Aug 09, 2006------
Maintained HOLD
Price Target reduced to $19.50 from $20.00
TET Price day before: $19.15 Finish day of posting:$19.06Current:$17.73
-----Mar 06, 2006----
Maintained HOLD
Price Target $20.00
TET Price day before: $19.30 Finish day of posting:$18.95Current:$17.73
-------Feb 15, 2006--------
Maintained HOLD
Price Target reduced to $20.00 from $23.00 (Target Hit)
TET Price day before: $20.98 Finish day of posting:$20.00Current:$17.73
-------Sept 22, 2005------
Maintained BUY
Price Target $25.00 (Target Hit Oct 06, 2005)
TET Price day before: $26.90 Finish day of posting:$26.14Current:$17.73
-----Aug 04, 2005-------
New BUY
Price Target raised to $19.50 from $18.00
TET Price day before: $19.50 Finish day of posting:$19.50Current:$17.73
------Apr 04, 2005--------
Rating UNDER REVIEW
Price Target $18.00 (Hit Target June 27, 2005)
TET Finish day of trading:$16.50Current:$17.73
***************
Roger Serin ....... TD Newcrest Aug 08, 2007
Maintained HOLD
Price Target reduced to $9.00 from $10.00
TET Price day before: $8.57 Finish day of posting:$8.18Current:$17.73
-----Mar 06, 2007------
Maintained HOLD
Price Target $9.50
TET Price day before: $9.43 Finish day of posting:$9.47Current:$17.73
-------Jan 24, 2007-----
Maintained HOLD
Price Target reduced to $9.50 from $10.00 (Target Hit Mar 05, 2007)
TET Price day before: $11.01 Finish day of posting:$10.95Current:$17.73
--------Nov 15, 2006--------
Maintained HOLD
Price Target reduced to $12.50 from $15.00
TET Price day before: $10.72 Finish day of posting:$11.48Current:$17.73
------Sept 25, 2006--------
Downgraded to HOLD from BUY
Price Target reduced to $17.00 from $19.00
TET Price day before: $16.80 Finish day of posting:$15.99Current:$17.73
------Aug 09, 2006------
Downgraded to BUY from ACTION LIST BUY
Price Target $19.00
TET Price day before: $19.15 Finish day of posting:$19.06Current:$17.73
-----Apr 12, 2006-----
New ACTION LIST BUY
Price Target $21.00
TET Price day before: $19.35 Finish day of posting:$19.33Current:$17.73
*****************
Grant Hofer ....... Scotia Capital......Mar 07, 2006
Maintained UNDERPERFORM
Price Target reduced to $18.75 from $21.00
TET Price day before: $18.95 Finish day of posting:$18.70Current:$17.73
*****************
Greg Shaw ....... RBC Capital Markets .Mar 06, 2007
Upgraded to OUTPERFORM from SECTOR PERFORM
Price Target reduced to $10.50 from $11.75 (Target Hit Apr 05, 2007)
TET Price day before: $9.43 Finish day of posting:$9.47Current:$17.73
*****************
Kurt Molnar ....... First Associates .Jan 03, 2006
Maintained BUY
TET Price day before: $23.80 Finish day of posting:$23.74Current:$17.73
------Aug 04, 2005-------
Maintained BUY
TET Price day before: $19.50 Finish day of posting:$19.50Current:$17.73
-----June 28, 2005-----
Maintained BUY
Price Target raised to $25.00 from $22.80 (Target Hit Sept 22, 2005)
TET Price day before: $18.40 Finish day of posting:$18.45Current:$17.73
-----May 06, 2005-----
Maintained BUY
TET Price day before: $16.26 Finish day of posting:$16.34Current:$17.73
-----Apr 06, 2005-----
Maintained BUY
TET Finish day of trading:$16.50Current:$17.73
***********