Lightstream Resources (LTS.TO) Buy, Sell or…

Lightstream Resources (LTS.TO)

0.00

-0.00 (0.00%)

58 watching

COMMENT

Prefers Crescent Point Energy (CPG-T), which has better land position, better depth of inventory and better economics. Has some pretty significant drilling catalysts in the Cardium to come this fall, so wouldn't count them out yet.

HOLD

It is cheap. Everyone will look at it and say it is attractive that way. They haven’t put up the quality of numbers over time. Don’t buy any more. If they can show some reasonable production, then it will be different.

DON'T BUY

Seasonality for oil stocks basically starts 3rd week in November and goes higher right through to the 1st week in May. The real sweet spot is from the end of January to the 1st week in May. Technically, the chart on this one does not look good.

WAIT

Performance bad because they spend a lot of money on land and because oil price is down. It was a wet spring and summer and so they could not ramp up their drilling program. Is holding on before buying more – wait for more data to be available.

HOLD

Has been a disappointment so far but he is still holding. If it doesn't do something by Christmas, it may make the top of his tax-loss selling list. Has been a concern that management has been paying too much for land.

HOLD

Probably too over enthusiastic at the beginning so original hype has worn off and it is now back to normal. Drilling almost as many wells in the Cardium area as they are in the Bakkens. 4% dividend.

DON'T BUY

A Bit disappointing. Has made acquisitions and now you need to see results.

HOLD

Has upside from here. Trading at a number of multiple points below Crescent Point (CPG-T) which is also in the Bakken. This is something you can hold onto. Looking for a minimum of 20% upside in the course of a year.

HOLD

One of his picks tonight is CPG. Started out very popular and then missed some of their production objectives. Moved to another section (Cardium). Wet Spring. Properties are not quite as good as CPG. Stock is oversold.

COMMENT

45,000 BOEs a day. Driven towards per unit growth. Around 3% yield. Prefers Crescent Point (CPG-T) but likes their parent Petrobank (PBG-T).

HOLD

Market feels they lost focus and made 2 or 3 acquisitions and got outside of the Bakken. Has pulled back to the point where it is cheap. Catalyst will be successful drilling over the next 2 or 3 quarters. Consider adding to it when it was under $22.

BUY

Getting a level where you can get more interested. They are starting to execute on some plays. It could be a good buy.

BUY

Very active drillers. Trade at a discount because they are not forthcoming with numbers and guidance. As they become more forthcoming, they should lose the discount.

BUY

Results haven’t been that great. Production has failed to reach some objectives. It is reasonably price now. Have been acquiring some new assets. They haven’t been tested thoroughly and there is some questionable about what production they will get you if it. It has broken it’s downtrend.

SELL ON STRENGTH

This is anomalous. Most energy stocks are not like this. You want to get out within the next two weeks.

Showing 151 to 165 of 189 entries

Most Recent Experts

Paul Harris, CFA

Harris Douglas Asset Management

The Panic-Proof Portfolio (Stockchase Research)

Stockchase Premium

Jim Lebenthal

Cerity Partners

Joe Terranova

Virtus Investment Partners

Rob Sechan, Managing Partner, New Edge Capital

New Edge Capital

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].

Lightstream Resources (LTS.TO)