Opinions Eric Nuttall
Novus EnergyNVS.VHOLDAug 19, 2013
$0.82
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:
DON'T BUY
PAST TOP PICK
(A Top Pick Dec 14/10. Down 10%.) Thinks FV (Fair Value) is over $1. Still likes.
Eric NuttallOwned
oilgas
HOLD
The stock has gone down but production level has gone up. Had good success in the Flaxcomb area. They are advertising rates of over 150% on $90 oil. Debt to cash flow is 1.4X using $90 oil. Coming into tax loss selling so it is down along with a lot of others.
Eric NuttallOwned
oilgas
BUY
Production is steadily growing. Were successful in mounting a pretty active drilling program in Saskatchewan despite the extremely wet weather. Sitting on an inventory of 440 net risk locations in the Viking. Where the economics are fantastic. Be patient and let them grow production.
Eric NuttallOwned
oilgas
PAST TOP PICK
(A Top Pick Dec 14/10. Up 27.78%.) Generally very much under appreciated. He gets an NAV of $4.75 per share but thinks they will get whacked before that point. Still a Buy. Looking for $1.45 to $1.76 for a take out value.
Eric NuttallOwned
oilgas
Stuck in a holding pattern because everyone is waiting to see if they finally get a bid for the company. If they don’t, the production declines are probably a little higher because they have been growing production very aggressively. Risk reward is probably $.20 up and $.20 down which is not overly compelling.