{"id":32517,"date":"2016-02-26T03:03:18","date_gmt":"2016-02-26T08:03:18","guid":{"rendered":"http:\/\/prefblog.com\/?p=32517"},"modified":"2016-02-26T03:03:18","modified_gmt":"2016-02-26T08:03:18","slug":"osp-pr-a-seeks-to-reassure-investors","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=32517","title":{"rendered":"OSP.PR.A Seeks To Reassure Investors"},"content":{"rendered":"<p>Brompton Funds <a href=\"http:\/\/www.bromptonfunds.com\/static\/pdf\/funds\/osp\/osp_25feb16_updatecall.pdf\">has announced<\/a>:<\/p>\n<blockquote><p>Investors and investment advisors are invited to listen to a February 2016 recorded update hosted by Portfolio Managers Laura Lau and Michael Clare on Brompton Oil Split Corp. (the \u201cCompany\u201d). The Portfolio Managers discuss the Company\u2019s portfolio and the Energy Sector. A link to the presentation recorded on February 23, 2016 has been posted to the Brompton Funds website.<br \/>\nClass A Shares and Preferred Shares of the Company are available for purchase on the Toronto Stock Exchange under the ticker symbols OSP &#038; OSP.PR.A, respectively.<br \/>\nThe Company invests in a portfolio (the \u201cPortfolio\u201d) of equity securities of at least 15 large capitalization North American oil and gas issuers selected by the manager from the S&#038;P 500 Index and the S&#038;P\/TSX Composite Index, giving consideration to, among other metrics, attractive valuation, growth prospects, profitability, liquidity, sustainability of dividends and a strong balance sheet. The Portfolio is focused primarily on oil and gas issuers that have significant exposure to oil, and includes equities of the following oil and gas issuers:<\/p><\/blockquote>\n<div align=\"center\">\n<table border=\"1\">\n<tr>\n<td>Apache Corp.<\/td>\n<td>\nCimarex Energy Co.<\/td>\n<td>\nPioneer Natural Resources Co.<\/td>\n<\/tr>\n<tr>\n<td>ARC Resources Ltd.<\/td>\n<td>\nEOG Resources Inc.<\/td>\n<td>\nPrairieSky Royalty Ltd.<\/td>\n<\/tr>\n<tr>\n<td>Cenovus Energy Inc.<\/td>\n<td>\nImperial Oil Ltd.<\/td>\n<td>\nSuncor Energy Inc.<\/td>\n<\/tr>\n<tr>\n<td>ConocoPhillips<\/td>\n<td>\nKeyera Corp.<\/td>\n<td>\nVermilion Energy Inc.<\/td>\n<\/tr>\n<tr>\n<td>Crescent Point Energy Corp.<\/td>\n<td>\nOccidental Petroleum Corporation<\/td>\n<td>\nExxon Mobil Corporation<\/td>\n<\/tr>\n<tr>\n<td>Chevron Corporation<\/td>\n<td colspan=\"2\">&nbsp;<\/td>\n<\/table>\n<\/div>\n<p>Clearly, when you&#8217;ve got a name like &#8220;Oil Split Corp.&#8221; in this market, your investors are going to want a lot of reassurance!<\/p>\n<p>The <a href=\"http:\/\/www.bromptongroup.com\/static\/pdf\/funds\/osp\/update_feb2016.pdf\">presentation slides are available<\/a>, as is an <a href=\"http:\/\/www.bromptongroup.com\/static\/html\/osp_feb2016\/index.htm\">audio-visual presentation using the same slides<\/a>, which is pretty cool.<\/p>\n<p>I also note that Brompton has produced a <a href=\"http:\/\/www.bromptongroup.com\/static\/pdf\/general\/pref_primer.pdf\">Preferred Shares Primer<\/a>, which includes the following chart:<\/p>\n<div align=\"center\"><a href=\"http:\/\/prefblog.com\/wp-content\/uploads\/2016\/02\/bromptonRelPerf_160225.jpg\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/prefblog.com\/wp-content\/uploads\/2016\/02\/bromptonRelPerf_160225-300x133.jpg\" alt=\"bromptonRelPerf_160225\" width=\"400\" height=\"177\" class=\"alignnone size-medium wp-image-32518\" \/><\/a><br \/><i>Click for Big<\/i><\/div>\n<p>OSP \/ OSP.PR.A had a <a href=\"http:\/\/www.bromptongroup.com\/funds\/\">NAVPU of 16.14 as of 2016-2-24<\/a>; OSP closed at $6.25; OSP.PR.A closed at 9.37.<\/p>\n<p>OSP.PR.A was recently <a href=\"http:\/\/prefblog.com\/?p=32385\">downgraded to Pfd-3 by DBRS<\/a>. The issue has been tracked by HIMIPref&trade; since it <a href=\"http:\/\/prefblog.com\/?p=27946\">commenced trading 2015-2-24<\/a>, but is relegated to the Scraps index on credit concerns.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Brompton Funds has announced: Investors and investment advisors are invited to listen to a February 2016 recorded update hosted by Portfolio Managers Laura Lau and Michael Clare on Brompton Oil Split Corp. (the \u201cCompany\u201d). The &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-32517","post","type-post","status-publish","format-standard","hentry","category-issue-comments"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/32517","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=32517"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/32517\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=32517"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=32517"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=32517"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}