John Stephenson, who spent eight years tracking resources at fund manager First Asset Investment Management Inc., is creating his own hedge fund to favor U.S. equities over Canada.
Chances are good an oil pipeline to Canada’s east coast will beat to market Enbridge Inc.’s Northern Gateway project, even with its approval this week by Prime Minister Stephen Harper’s government.
Encana Corp. is poised to attract suitors after the departure of its chief executive officer, whose bet on natural gas wiped out a third of the Canadian explorer’s value.
"There's no question they need more gas."
- John Stephenson on Aug 04, 2014
Stephenson Says Keystone Pipeline `Political'
Stephenson Recommends a Gold and a Silver ETF
Stephenson Says Investing in Coal a `No Brainer'
First Asset's Stephenson Sees Gas Prices Moving Up