Message-ID: <15101284.1075858078058.JavaMail.evans@thyme>
Date: Fri, 1 Dec 2000 06:40:00 -0800 (PST)
From: mcontant@cypressasset.com
To: martin.cuilla@enron.com
Subject: [Fwd: gassy cos.]
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He didn't include their % hedged, but assures me that they are all at least 
70%
un.

M

"Mahedy, John P." wrote:

> Attached is a list of companies that you've requested. We do not have
> anything published on the topic.
>  Coastal CGP
> Anadarko APC
> Apache APA
> Barrett BRR
> Mitchell Energy MND
>
> Canadians:
> Alberta Energy AEC.TO
> Talisman TLM.TO
> Anderson AXL.TO
>
> -----Original Message-----
> From: Michael D Contant [mailto:mcontant@cypressasset.com]
> Sent: Tuesday, November 28, 2000 11:58 AM
> To: Mahedy, John P.
> Subject: Re: Weekly Valuation (as of close of November 24, 2000)
>
> Mr. Mahedy:
>
> Could I trouble you for a few names (cap-agnostic) with unhedged (at least
> 70%) natural gas positions.  If you have published anything on this topic
> recently I would be very interested in reading that as well.
>
> EOG is all I could come up with, hope you can help.
>
> Thanks for your time,
> Michael Contant
>
> "Mahedy, John P." wrote:
>
>
>
>         Attached is our weekly valuation work as of the close of November
> 24, 2000.
>
>                                                                 Absolute
> Relative
> Group                                           +1.19%
> +3.07%
> Domestics                                       +1.90%
> +3.78%
> Internationals                          +1.15%                  +3.03%
> Refiners                                                +1.48%
> +3.36%
>
>         Figures are total returns including dividends.
>
>         The integrated oil group outperformed the market by 3.07%.  The
> domestics beat the market by 3.78% with UCL (+6.6% relative) delivering the
> strongest and P (+2% relative) the weakest results within the subgroup. The
> internationals outperformed the market by 3.03%.  XOM (+6.5% relative)
> showed the strongest performance while BP (-0.1% relative) lagged the most.
> The refiners also outperformed the market by 3.36%.  VLO (+5.4% relative)
> did the best and ASH (+0.4% relative) delivered the weakest results for the
> week.
>
>         The attached file includes the individual valuation metrics for each
> company.  Just open and hit the print button for easiest viewing.
>
>         <<company.xls>>
> The table below ranks the companies based on the valuation attractiveness.
>
>         This Week (11/24/00)
> Domestics                       Internationals          Refiners
> OXY                             TX                                      ASH
> AHC                             CHV                             TSO
> UCL                             BP                                      SUN
> P                                       RD
> TOS
>                                         XOM                             UDS
>
> VLO
>
>         Last Week (11/17/00)
> Domestics                       Internationals          Refiners
> OXY                             TX                                      ASH
> AHC                             CHV                             TSO
> UCL                             BP                                      SUN
> P                                       RD
> TOS
>                                         XOM                             UDS
>
>
> VLO
> John Mahedy (212) 756 4474
> < mailto:mahedyjp@bernstein.com <mailto:mahedyjp@bernstein.com> >
>
>
>
>
>
>
>