cibc's new report cibc, on wednesday, issued a new report running their model using their new forecasted oil and nat.gas prices. Here are how the intermediate div paying oil/gas companies stack up using a number of different metrics and in comparison with cibc's previous expectations (sorry about the formatting). I'll try and post some more rankings later on in the weekend.
total payout ratio
new including drip previous
eagle 82% 64%
trilogy 90% 90% 77%
Vermilion 105% 92% 106%
nal 127% 117% 99%
baytex 115% 102% 107%
pbn 126% 116% 118%
bonterra 128% 128% 102%
longview 131% 131%
bonavista 134% 116% 102%
pwt 140% 129% 122%
cpg 142% 105% 128%
arc 158% 138% 126%
peyto 162% 162% 133%
pgf 164% 132% 128%
erf 209% 190% 162%
prq 378% 298% 194%
debt/cashflow
new previous
vermilion 0.9x 0.9x
baytex 1.0x 0.9x
cpg 1.0x 0.8x
trilogy 1.1x 0.8x
bonterra 1.5x 1.2x
arc 1.7x 1.2x
pbn 2.0x 2.1x
peyto 2.1x 1.5x
bnp 2.4x 1.6x
pennwest 2.5x 2.1x
enerplus 2.7x 1.9x
nal 3.0x 2.1x
pengrowth 3.2x 2.3x
progress 5.7x 2.4x
expected return
pwt 51%
bonavista 50%
pbn 44%
cpg 34%
trilogy 28%
bonterra 25%
baytex 22%
vermilion 18%
peyto 13%
arc 13%
pgf 13%
nal 12%
progress 9%
erf 2%