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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
TOP PICK
(A Top Pick Oct 20/09. Up 36.42%.) Moving from just being a natural gas producer and will be 30% oils and liquids by the end of 2011. Operating costs are one of the lowest. Land spread is in the hottest area where concentration by the big boys will happen. Looking for $4, maybe $5 in 18 months.
PAST TOP PICK
(A Top Pick Jan 20/10. Up 6%.) Didn’t perform as well as he would have liked, so sold his holdings.
HOLD
Likes it, but he cut it down. Management team is very good. It is Natural Gas plays that produce liquids. Under leveraged balance sheet. 75% natural gas exposure with 25% hedged. Stock is capped out at $2.50 by price of Natural Gas.
COMMENT
Gas weighted. Valuations are reasonable compared to its peers. Good team. You have to decide whether you like gas or not. She can see another 30%.
BUY
Hedged about 50% of their gas production and have a pretty good inventory ahead of them.
PAST TOP PICK
(Top Pick Mar 24/10, Down 16%) Very comfortable with this one. One of his larger holdings.
PAST TOP PICK
(Top Pick Mar 24/10, Up 1.83%) Still Loves it. His largest position. Great management. Good hedging. 20% growth next year.
SELL
Montney play. Rates this as a neutral right now because of the gas weighting. At some point, natural gas will be a good buy. If you own, consider making a switch to something that has more oil until gas prices come around.
TOP PICK
Exceptionally well run natural gas. 50% of their production is hedged at $6.50. Very cheap at 6X cash flow. Testing 4 new zones, none of which have any meaningful reserves. Tremendous success in the Cardium.
BUY
Have a big capital expenditure program. There should be a big ramp up in production.
BUY
Small. It’s not going to be a home run. A few good wells.
WAIT
It has had its challenges because it is gas focused and balance sheet was hefty. They have done well in paying down their debt and growing their production. Stock is not expensive. Biggest risk is that it is a gas focused player and as we are rolling into the shoulder season, you may get a chance to buy it cheaper over the next few months.
SELL
One of the cheapest gas stories. Priced to sell but doesn't think they are ready to sell yet.
TOP PICK
About 80% production is natural gas with about a 15% production growth. Also have a pretty strong drilling program over the next year. Also have some light oil exposure.
BUY
Tend to spend a lot of their capital, more than other companies, in the winter months. Have some good assets so will be able to grow their production and reserves. Expects a few more months of good performance..
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