Opinions
Eric Nuttall
Spartan Oil Corp
STO-T
BUY
May 16, 2012
Great, great oil company. Good example of a mid-cap stock that has been lambasted but has held up better than most. Put out a great quarter a few days ago showing the strength of their main property, the Keystone assets. Extraordinary management team. Picked up an asset very much on the cheap. Trading at a significant discount to its reserve value. Growing production by 180% this year. Very cheap.
$3.850
Stock price when the opinion was issued
0
It's the ideal tool to help you make quicker, more informed decisions for
managing and tracking your investments.
You might be interested:
TOP PICK
Owned for a while. The demand for yield is highly significant in terms of how people operate. Chart says management has been under promising and over delivering for some time. Can grow by 60% next year. Thinks they can pay a dividend next year. Expects 6-7%. If not, their asset will be extremely attractive to be taken out.
0
Advertising