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Opinions David Burrows
Seven Generations Energy LtdVII.TOTOP PICKSep 13, 2016
David BurrowsStock price when the opinion was issued
As of Apr 07, 2021. Market Open.
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Eric NuttallEric NuttallEric NuttallHe thinks natural gas will be the energy of the future. He is not an energy expert. He has gone with Peyto. Consider taking small positions when there are big market down days. But they must be good companies that will survive. 7 out of 10 of these companies may go under. Think of them as call options.
Brian Acker, CAVII-T vs CR-T? He would stay away from CR-T due to its debt level. VII-T has a good management team, but its slow down in growth highlighted their 50% decline rates in existing assets. This causes too much of their cash flow to still be required for maintenance. He would prefer NVA-T, which trades at a lower multiple of cash flow, has a better balance sheet, and lower decline rates on production.
Eric Nuttall
He has been pretty cautious on energy since 2014. He likes to find companies that are able to get through a really tough market intact in a strong position, and able to take advantage of it. This is a very low cost finder and lifter of gas. They bought the assets of Paramount and have had great success in taking those properties and adding significant low cost production. Thinks that the near term outlook for natural gas is attractive.