Viewing Company Spartan Energy Corp | StockChase
stockchase picture

Compiling comments that experts make about stocks while on public TV.

Spartan Energy Corp Stock Symbol: SPE-T

Notes:

Formerly Alexander Energy

Last Price Recorded: $6.4700 on 2017-09-22

Globe 5 day average
Google Discussions (view only)
yahoo discussion
Bloomberg
Date Signal Expert Opinion Price
2017-09-18 HOLD Josef Schachter

He likes the company.  He expects 22k BOE per day and 24k next year.  It is trading below book value.  They have good parameters on a value basis.  The management is very well received.  It could be a double in the next year or could go down before the end of the year.


Price:
$6.250
Subject:
ENERGY & ENERGY SERVICE STOCKS
Bias:
BEAR on OIL
Owned:
Unknown
2017-09-15 COMMENT Eric Nuttall

They did a share consolidation, and when they do that, the stock goes up. This has been pummelled in recent months because of 1) fund liquidation and 2) the exodus out of Canada. They should have pretty good growth this year with about a 20% growth and 14% per share growth next year. They have high economic wells, but he just doesn’t know if the market is there for Canadian companies. Prefers other names.


Price:
$6.180
Subject:
ENERGY
Bias:
BULLISH on ENERGY
Owned:
No
2017-09-11 BUY Teal Linde

They amassed about 12 years worth of inventory that is profitable at $50 oil.  They are growing with half the debt of their peers. 


Price:
$5.850
Subject:
NORTH AMERICAN - LARGE/MID CAPS
Bias:
UNKNOWN
Owned:
Unknown
2017-08-01 BUY Alex Ruus

A solid Junior to intermediate oil producer. The energy sector took quite a beating in the 1st half. Feels energy is probably in a bottoming process. This is one of the companies that has kept themselves in good shape from a balance sheet perspective. A relatively low cost operation. Good properties in southern Saskatchewan.


Price:
$6.010
Subject:
NORTH AMERICAN
Bias:
UNKNOWN
Owned:
Unknown
2017-07-31 DON'T BUY Brooke Thackray

This had a reverse split. When stocks go too low, they tend to lose institutional interests. This stock is still in the downturn. There has been a recent pick up in the oil market, but this stock has not shown it. Until this starts to show relative strength to other similar energy companies, he would stay away.


Price:
$6.390
Subject:
TECHNICAL ANALYSIS & SEASONAL INVESTING
Bias:
CAUTIOUS
Owned:
Unknown
2017-07-28 WAIT Josef Schachter

In Q1 they did 21,455 BOE’s a day. This is the 4th company this team has led. They build these from nothing to 3000, 4000, 5000 BOE’s a day and then sell. Just did an acquisition late last year, 65,000, from Arc Resources (ARX-T), which made them a very focused player in Saskatchewan. They are 93% oil. Insiders are very large shareholders, owning over 10% of the company. A table pounding buy under $4.


Price:
$6.510
Subject:
OIL & GAS
Bias:
BEARISH on ENERGY
Owned:
Unknown
2017-07-25 COMMENT John O'Connell, CFA

Trading at an incredibly good valuation. It is now 3X the size it was 3 years ago. Management has done an outstanding job. They did a large acquisition early this year which he thinks kind of exhausted and sapped up a lot of demand. There have been all kinds of rumours that they are having problems with wells not working, but that is absolutely not true. One of the best balance sheets in the country. They are under spending on their capital and overproducing on their production.


Price:
$6.250
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Yes
2017-07-19 COMMENT Eric Nuttall

Feels US names will outperform Canadian names, which have impediments such as socialist governments in Alberta and British Columbia, a prime minister that wants to shut down oil sands because of lack of pipeline to take away both oil and gas, and a Supreme Court that is not oil friendly. Management is great and the balance sheet is okay. They have deep inventory and fast payback, but fails to see how Canada in the aggregate will outperform the US names.


Price:
$6.350
Subject:
ENERGY
Bias:
OPTIMISTIC on OIL
Owned:
Unknown
2017-07-10 HOLD Gerard Ferguson

A strong management team and their being acquisition focused,  he would stick with it.  It has been impacted by low commodity prices.


Price:
$5.810
Subject:
CANADIAN
Bias:
SELECTIVE
Owned:
Yes
2017-05-25 COMMENT Peter Imhof

This was a market darling for quite a while. All the energy names have come down quite a bit. This company is still performing well in terms of their net back. He was buying this below $3.


Price:
$2.230
Subject:
SMALL CAPS
Bias:
BULLISH
Owned:
Yes
2017-05-23 COMMENT Eric Nuttall

This is fine as they are gifted with good plays, where they have running room production down to around $40. They can grow oil production by about 10% spending 1X cash flow, down into the low $40. Under $40, the stock has been brutalized and he was very tempted to buy it when it was down to $2.10. They can grow production by 10%-13%, but they have to compete against Permian Basin companies that can grow by 40%-50%. He doesn’t see the Saskatchewan domestics competing for the imagination of the US investor when there are so many other alternatives available to them.


Price:
$2.420
Subject:
ENERGY
Bias:
BEARISH on CANADIAN MARKET
Owned:
No
2017-05-15 COMMENT Alex Ruus

A good, little, oil/gas producer in Southern Saskatchewan. A well-run company with good management. Trying to pick a bottom on this is a tough one, but a year from now, he would expect the stock to be higher.


Price:
$2.420
Subject:
NORTH AMERICAN
Bias:
OPTIMISTIC
Owned:
Unknown
2017-05-08 DON'T BUY Ross Healy

It broke below its book value and is heading south because its fair market value is 91 cents and it is at $2.20.  The balance sheet is okay, but the stock value is not supported by its earnings.  He would not personally gamble in it.


Price:
$2.300
Subject:
NORTH AMERICAN - LARGE
Bias:
BEARISH
Owned:
Unknown
2017-04-25 PAST TOP PICK Craig Porter

(A Top Pick Feb 10/17. Down 18.88%.) A lot of the smaller intermediate names have suffered. This is a good little company. They did a large equity issue at the end of last year to buy some assets. It is going to take some time to see the results. Great management.


Price:
$2.330
Subject:
RESOURCE
Bias:
UNKNOWN
Owned:
Yes
2017-04-12 TOP PICK John O'Connell, CFA

Made a major acquisition of light oil from Arc Resources for $700 million. Management has done everything right. Trading exceptionally cheap compared to its larger cap peers. It is going to start populating itself in larger portfolios. Everybody acknowledges that they have managed this downturn. When he first bought this, they were doing 3000 barrels a day, and are now going to do 21,000 barrels a day this year. They have loads of inventory and don’t need to make any acquisitions. Decline rates are low. (Analysts’ price target is $4.25.)


Price:
$2.630
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Yes
Showing 1 to 15 of 116 entries
<< < 1 2 3 4 5 > >>

No Comments.


You must be logged in to comment.