Delphi Energy Corp. (DEE.TO) Buy, Sell or Hold

Home

Daily Stock Opinions and Ratings

Delphi Energy Corp. (DEE.TO)

0.35

-0.00 (0.00%)

as of May 21, 2020, 8:00:00 pm Market Open.

59 watching

BUY

(Market Call Minute.) Small at 6800 BOE’s a day that has a lot of catalysts for growth.

COMMENT

Very small gas company that has made some acquisitions. Basically a speculation.

PAST TOP PICK

(Top Pick Nov 14/08, Up %24.6) Would be a buyer here. Like the company. They have an oil business to grow while Nat Gas is suffering.

TOP PICK

Has a very dominant core in west Alberta. There is vertical as well as horizontal potential. They’ve started going after the horizontal natural gas. Just did a number of acquisitions to try to get control of that area. By next year they should be doing about 8,000 bue’s a day. They estimate $.35 in cash flow.

PARTIAL SELL

Great conventional assets. Decent hedge position, but balance sheet is rather hefty. It is a stock that you should trade because it is at risk of following the price of gas. If you own, consider taking some profits and then get back in later.

BUY

Gas weighted. Well-respected management has been working its way through the debt. Some interesting plays but one in particular that she is excited about is northwest Alberta gas in the Montney fairway.

TOP PICK

(A Top Pick July 25/08. Down 59.92%.) Have become very careful with their debt load. Production is right where he wants them to be. Cash flow has improved because of hedging. Increased production in Q2 versus Q1. Acquiring Fairmount Energy (FMT-TX). By below $1.

HOLD

(Market Call Minute.) Has been range bound for a long time.

COMMENT

Very good assets. Did a very good job developing their last acquisition. Starting to look more attractive but need capital to grow more. Because of disappointments in the past they have struggled to get capital.

DON'T BUY

This is a name that possibly gets acquired. Gas prices are down substantially over time. It is really a race to see who can survive. Decent little name with some good fields but doesn't see a catalyst to the upside.

COMMENT

Management weathered the storm through the credit crisis very well. Quite impressive. $3 NAV is not unreasonable.

DON'T BUY

Despite putting in hedges, the balance sheet has plagued this company for years. Predominantly natural gas. Cheap with some good hedges in place but it has been discounted because of the balance sheet.

BUY ON WEAKNESS

Despite a weak commodity market will be able to bring on new production. Did a good job in hedging. Will start performing in 3’rd and 4’th quarter.

BUY

Debt levels are higher, but they are working through it. Thinks it is going to be fine. Watch the debt level.

BUY

(Market Call Minute.) Likes the story and the management and the reserves.

Showing 91 to 105 of 130 entries

Wealthica The ultimate 360° Tracker Your financial life in one place, automatically

Most Recent Experts

Joe Terranova

Virtus Investment Partners

Stephen Weiss, Founder, Short Hills Capital Partners

Short Hills Capital Partners

Rob Sechan, Managing Partner, New Edge Capital

New Edge Capital

Gordon Reid

GoodReid Investment Counsel

Jim Cramer - Mad Money

CNBC

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : [email protected].

Summer Sale

Delphi Energy Corp. (DEE.TO)