Summer Sale
50% off Premium Yearly
00days
00hrs
00mins
00secs
Opinions Josef Schachter
Find Energy Ltd.FE.TOBUYMar 23, 2005
Probably doing about 3,200 BOE's a day. Brought on quite a bit of production at the end of February, stumbled in the area caused Haslit. Could exit this year at 3,400/3,500. Has quite a bit of land in the Pembina area. Have a 6.2 proven reserve life index.
Josef SchachterUnknown
$3.11
Stock price when the opinion was issued
oilgas
It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.
You might be interested:
PAST TOP PICK
(A Top Pick July 27/05. Up 81%.) Being acquired by Shiningbank (SHN.UN-T). He would take the offer and sell. Consider Duvernay (DDV-T) as an alternative.
John StephensonOwned
oilgas
STRONG BUY
Should be a core holding in your junior group. Has one of the most capital efficient frameworks. Has lots of prospects. On a multiple/cash flow basis, it is trading well below the group. Expects there will be much higher gas prices.
John StephensonOwned
oilgas
BUY
Westerly Canadian natural gas selling at a discount to net asset value. Has a clearly defined strategy to go forward. Great management and well-financed.
Bill Harris, CFAOwned
oilgas
TOP PICK
This is how he will play a natural gas recovery. Solid team. Well-financed and they have access to rigs.
Bill Harris, CFAOwned
oilgas
BUY
A big fan of this one. Expanding their facility at Pembina West to 50 million. Did 3246 BOE’s a day last year, exited at 5100 and he is using 6000 in his model and exiting at 8000 this year which gives cash flow of $1.85. Could be a takeover target.
Josef SchachterOwned
oilgas
BUY
Has done a very good job of increasing its reserves. A very good balance sheet. Always meeting targets. One of the best juniors you could hold.
John StephensonOwned
oilgas
TOP PICK
Predicts Find Energy will go to $12.00. The company is 60% gas weighted. Just added a new facility. The company has very rich liquid gas. Good cash flow, exploration upside. Some time this year there might be a share holder maximization process. He has recommended this stock a few times before., he still feels it will do well.
Josef SchachterOwned
oilgas
BUY
Trading relative to peer group. Below 4 X EBITDA. Clean balance sheet. A lot of drilling success. Junior producer it’s a good one.
John StephensonOwned
oilgas
BUY
Trading at about 3.9 X enterprise value to EBITDA compared to the peer group which is 4.8. Trades at about 25% discount to the peer group. Very good management team.
John StephensonOwned
oilgas
