Stockchase Opinions

Bruce Campbell (2) Enterprise Group E-T TOP PICK Sep 19, 2024

Oil field services. Lots of respect for management. Tough business. Kept debt levels in check, bought back lots of stock. Electrifying well sites via natural gas instead of diesel (expensive and polluting). That decreases cost for customers. No dividend.

Fairly big move up this year, but still really attractive. Lots of runway. Increased revenue and earnings, really strong margins of around 40%. Trades around 7x.

(Analysts’ price target is $1.95)
$1.790

Stock price when the opinion was issued

oil gas
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BUY

Very high margins, using nat gas instead of diesel for generators in its power division. Power division is growing quickly. Chart is beautiful, more room to run. Anticipates a $4-5 stock.