Based on the aggregated intelligence of 130,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, Canadian oil and natural gas trust Harvest Energy (NYSE: HTE) has earned a coveted five-star ranking.
With that in mind, let's take a closer look at Harvest Energy's business, and see what CAPS investors are saying about the stock right now.
Harvest facts
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Headquarters (founded)
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Calgary, Canada (2002)
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Market Cap
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$796.6 million
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Industry
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Oil and Gas Exploration and Production
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TTM Revenue
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$4.61 billion
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Management
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CEO John Zahary (since 2006)
CFO Robert Fotheringham (since 2006)
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Compound Annual Net Income Growth (over last five years)
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70.7%
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Dividend Yield
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10.2%
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Competitors
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Imperial Oil (NYSE: IMO)
Irving Oil
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CAPS members bullish on HTE also bullish on:
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Penn West Energy Trust (NYSE: PWE)
Vale (NYSE: RIO)
General Electric (NYSE: GE)
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CAPS members bearish on HTE also bearish on:
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Freeport-McMoRan (NYSE: FCX)
General Motors (NYSE: GM)
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Sources: Capital IQ (a division of Standard & Poor's), and Motley Fool CAPS. TTM = trailing 12 months.
Over on CAPS, 904 of the 939 members who have rated Harvest -- or 96% -- believe the stock will outperform the S&P 500 going forward. These bulls include All-Stars Zhuren, who is ranked in the top 3% of our community, and turtle286.
Just two days ago, Zhuren highlighted Harvest as an interesting income opportunity:
Inflation is going to drive the price of oil back to previous prices, [Harvest Energy] is yielding about 10% at these prices, and that's after an 80% cut in their dividend because of the plummeting price of oil. This is a bet against the US dollar more than anything, and a bet on value.
In a pitch from a week earlier, turtle286 expands on Harvest's more "refined" features:
One-Two years, should do better as natural gas prices recover. The supply in the system should dry up by then and the replacement rate will be severely hit by the current pricing structure; as cap-x spending is cut. [Harvest Energy] is a personal favorite in the sector due to significant return on shareholder investment in the form of dividends and their diversity in terms of up and downstream exposure as well as not being simply dependant on gasoline. They also produce diesel and jet fuel.
What do you think about Harvest Energy Trust, or any other stock for that matter? Make your voice heard on Motley Fool CAPS today. More than 130,000 investors are waiting to hear what you have to say. CAPS is 100% free, so simply click here to get started.
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