Viewing Expert Eric Nuttall | StockChase
stockchase picture

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

Viewing Expert

Eric Nuttall , Portfolio Manager

Sprott Assett Management


Date Signal Chart Symbol Company Opinion Price
2017-03-23 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets.  This Monday the Americans may give the green light to the XL pipeline.  Oil stocks are still discounting this news.  There is a backdrop of international oil companies exiting Canada.  Playing XL can only be done through TRP-T and so on and companies that piggy back off them.  He thinks we will see $60 oil this year.  Any week we will see refineries coming back online that are undergoing maintenance.  The market will still be rebalancing in Q3 of this year.


Price:
$0.020
Subject:
ENERGY
Bias:
BULL on OIL
Owned:
_N/A
2017-03-23 BUY Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Overweight in the Energy Sector?  He has almost no cash in his fund right now.  The risk reward ratio in Energy is incredibly compelling.  Everything is getting ready to move.  It is a case of sector allocation, rather than stock selection.  He has moved a lot into the oil services sector.  Seasonality is in his favour.  It all comes down to US oil inventories.  We are days or weeks away from that number going negative.  Collective light bulbs in people’s minds will start to go off.


Price:
$0.020
Subject:
ENERGY
Bias:
BULL on OIL
Owned:
Yes
2017-03-23 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Canada/US Country Allocation.  He wants to allocate largely to the US.  He is fed up of having to worry about takeaway capacity, phasing out of oil sands, and border taxes.  He has two Canadian oil producers and five from the US.  They have a higher growth rate.


Price:
$0.020
Subject:
ENERGY
Bias:
BULL on OIL
Owned:
_N/A
2017-03-23 BUY Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Fracking Sand.  It is not beach sand.  It has to be the right size and round.  These names have fallen greatly this month.  These companies are finding customers are now begging them to add capacity.  You can buy a company where the product has doubled in price and yet they have sold off to half their price.  (See his Top Picks today)


Price:
$0.020
Subject:
ENERGY
Bias:
BULL on OIL
Owned:
Yes
2017-03-23 DON'T BUY Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Natural Gas is always a call on the weather.  February was the warmest February on record.  He thinks Gas will average $3, or no change.  Now is a crummy time to own Nat Gas stocks.  Until June there is not really a catalyst to get these stocks going.


Price:
$0.020
Subject:
ENERGY
Bias:
BULL on OIL
Owned:
Unknown
2017-03-23 BUY Must be logged in to use chart ARX-T Arc Resources Ltd

You can’t fault them as a company.  His problem is that you pay a premium.  If you are very bullish, this is not the one to own, but you can sleep at night with this one.


Price:
$18.600
Subject:
ENERGY
Bias:
BULL on OIL
Owned:
Unknown
2017-03-23 BUY Must be logged in to use chart ATH-T Athabaska Oil Sands Corp

One of the best beta picks you can select in Canada today.  They have a high quality asset.  They have an increase in free cash flow, which they can now deploy.  They have extraordinary leverage to an increase in oil price.  It is probably not the best investment unless you believe in oil higher than $50.  It could double if you are bullish on oil.


Price:
$1.410
Subject:
ENERGY
Bias:
BULL on OIL
Owned:
Unknown
2017-03-23 DON'T BUY Must be logged in to use chart BIR-T Birchcliff Energy Ltd.

He does not like any of the peers enough to own them.  It is going to be another year of pipeline outages in Canada.  But if you wanted to own one, this would be it.  He recently exited it to put money into service stocks.  He has a lot of respect for the management team.  It is going to be a bumpy ride to get to is target price.


Price:
$7.200
Subject:
ENERGY
Bias:
BULL on OIL
Owned:
No
2017-03-23 DON'T BUY Must be logged in to use chart BTE-T Baytex Energy Corp

They are marred with too much debt and can’t grow.   They look too unattractive compared to peers, with the worst production forecast and one of the worst balance sheets.


Price:
$4.340
Subject:
ENERGY
Bias:
BULL on OIL
Owned:
Unknown
2017-03-23 PAST TOP PICK Must be logged in to use chart CJ-T Cardinal Energy Ltd

(Top Pick Apr 7/16, Down 14.4%) It was pummeled this year.  He can’t bring himself to sell it.  They are at a 4.3 times.  They have a reserve life of 7.4 years.  That means you are getting half the reserves for free.


Price:
$6.830
Subject:
ENERGY
Bias:
BULL on OIL
Owned:
Yes
2017-03-23 DON'T BUY Must be logged in to use chart CNE-T Canacol Energy Ltd.

He does not want international oil and gas.  There are way better opportunities in US and Canada.  Elsewhere there is the risk of pipeline bombings.


Price:
$3.780
Subject:
ENERGY
Bias:
BULL on OIL
Owned:
Unknown
2017-03-23 PAST TOP PICK Must be logged in to use chart CPG-T Crescent Point Energy Corp

(Top Pick Apr 7/16, Down 17%) He struggles to see what gets this story re-rated.


Price:
$14.370
Subject:
ENERGY
Bias:
BULL on OIL
Owned:
No
2017-03-23 PAST TOP PICK Must be logged in to use chart EIF-T Exchange Income

(Top Pick Apr 7/16, Up 43%) It is a good quality pick.  This has been a total under-the-radar story.  They did a phenomenal job of managing their assets.  They have raised the dividend multiple times.


Price:
$38.020
Subject:
ENERGY
Bias:
BULL on OIL
Owned:
Yes
2017-03-23 TOP PICK Must be logged in to use chart FMSA-N Fairmount Santrol Holdings Inc.

With the freak out by the market about the sell-off in oil.  Fracking sand has doubled.  The increase in demand will offset any increase in capacity.  This one has been hit the hardest of the sand producers.  (Analysts’ target: $12.25).


Price:
$6.670
Subject:
ENERGY
Bias:
BULL on OIL
Owned:
Yes
2017-03-23 BUY Must be logged in to use chart OAS-N Oasis Petroleum Inc.

He likes them because they are early on in applying advancements in technology to increase recoveries in wells.  They are using more sand, an important theme.  They did a pretty good job of navigating the downturn.  They should soon get a re-rate.  They have improved their balance sheet.  Sentiment is as bad a Jan/Feb of last year when oil was about $29, vs. $48 now.


Price:
$12.190
Subject:
ENERGY
Bias:
BULL on OIL
Owned:
Yes
Showing 1 to 15 of 1,192 entries
<< < 1 2 3 4 5 > >>

6 Comments

petersirie

December 17th 2012 at 6:46pm

Keep up the quality commentary please. I have really appreciated your insight.

boblewellyn@yah

March 16th 2013 at 7:50pm

There is a report that Petrobakken has started a gas injection program that has substantially increased their production and reserves. Stock closed at $9.50 on Friday, March 15, 2013, probably because of this report.

car2nz

April 10th 2014 at 3:12pm

When Eric says BUY...You should be SELLING ...When he says Sell...You should be BUYING. He is consistently WRONG! It's amazing!

BeauRegard

April 21st 2014 at 3:36pm

Not the sharpest knife in the drawer!

CH-Investments

April 26th 2014 at 10:04am

Not a fan of all his picks but some of them have great potential to generate a large profit. Have found a number of decent picks here and have done my own analysis which has made me operate at a decent profit.

3clicks

June 1st 2016 at 9:35am

I like Eric for his overall market commentaries. But gotta be cautious with his picks although BTE was a great advice.


You must be logged in to comment.