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TSE:DEE

Delphi Energy Corp. (DEE.TO)

0.35
-0.00 (0.00%)
as of May 21, 2020, 8:00:00 pm Market Open.
59 watching
0
COMMENT

If you are a Buy and Hold investor, he would say this is good for 2-3 years. If you believe we are going to have a strong recovery in natural gas about $4, it’s a great investment. Their wells are very expensive. They are going to cash flow around $40-$45 million in 2013, using $3.50 gas.

BUY

Oil and gas producer in western Canada, 8900 Barrels per day, 73% Nat Gas. Lots of new potential drill sites.

HOLD

Really likes the story. Has a large energy weight. Multiple is low. Is a long-term hold and he would feel comfortable buying at these prices.

TOP PICK
It’s a great buy. Last time it went down it was then a 6-bagger in 6 months. Trading at under 2x cash flow. Book value $1.93. He is going to buy more in October/November.
PAST TOP PICK
(A Top Pick May 30/11. Down 54.15%.) He was stopped out of his position at $2.45.
WATCH
Big fan of this story. Has a target of $4. Being hurt now because of the natural gas malaise. Also one of their wells in the Montne, which was more of an oilier well, didn't have as good results as their 1st couple. Have a great land spread and is one of the lowest cost structured companies. Very cheap, but could get cheaper.
SELL
Tragic. Drilled most important well in their history. Came out with amazing drill result last week. An example of why we are having so much gas coming onto the market. Wells are expensive. Balance sheet is mildly stressed. Ideal scenario would be a take-out.
TOP PICK
Have an extremely exciting drilling catalyst coming up. Their 1st Montney well will have results before Christmas and is an incredibly important play because stock has languished under the perception that is that slow 10% growth type of company.
BUY
Gapped down on the volume and on very little volume. Drilling the first Montney well with strong liquids, which increases the economic value of the gas stream. Has recently been buying.
TOP PICK
Gas producer with some liquids. Gas is a tough market, but liquids does help a lot. Costs are very low. Have several properties that have much higher net backs than others. Huge inventory of wells to drill. Cheap.
BUY
Trading at a significant discount to its reserve value. Will be spudding their first Montney well in October. Sitting on an inventory where they can increase reserves by 10X and their production by about 9X. Also have a 4-year drilling inventory that earns about a 84% rate of return. Cheap and one you hold.
TOP PICK
Had a very long 4 year bottom and is just now breaking out. Use a $2.10-$2.20 stop loss.
PAST TOP PICK
(A Top Pick Feb 22/11. Up 17.33%.)
TOP PICK
(A Top Pick Feb 22/11. Up 13.78%.) Still likes. Continued success with the drill bit. Mix is moving more and more towards liquids, which is a higher value product. Concentrated land spread and low costs.
TOP PICK
Have unbelievable hidden asset value that the street is just starting to catch up on. Painted with a brush of an uneconomic dry gas producer but are sitting on one of the most economic natural gas plays in all of North America in the Nikinassin (?). Not a fan of nat gas but they have at least a 4 year drilling inventory.
Showing 61 to 75 of 130 entries