Zargon Oil & Gas Ltd (ZAR.TO) Buy, Sell or Hold

Zargon Oil & Gas Ltd (ZAR.TO)

0.05

-0.00 (0.00%)

as of Oct 15, 2020, 8:00:00 pm Market Open.

20 watching

COMMENT

This had been on his Short List of about 10 companies. There is absolutely nothing wrong with it. He thinks you could get an 8%-10% rate of return. It just didn’t seem to have that key catalyst driver that could make it exciting. (See Top Picks.)

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COMMENT

These are really, really high quality people. These are people who believe that you ought to make money in oil and gas. Very disciplined and very good in all regards. He has owned the stock for many, many years and he is completely unconcerned about the price direction.

DON'T BUY

Would be mildly cautious on this name. Did a presentation on an enhanced oil recovery scheme that they are implementing, where they are not going to get a production response for 2 years.

SELL

(Market Call Minute.) Has an unsustainable dividend and high debt levels. Will be outspending cash flow in bringing on the Little Bow polymer project.

BUY

He is starting to get interested in the energy sector. Put your stop at the recent lows. They are probably going to be ok. He is starting to see bottoms in some of the oil services.

COMMENT

Like all the other dividend paying oil/gas stocks, it has been weak over the past year. The bottom was put in, in the July/August time frame and it is veering down again. Generally a chart like this says you have a number of holders who are continuing to liquidate their positions. Has weak distribution coverage. 9.4% yield.

SELL

Exited his position as it became clear that the company did not have a very sustainable model. Recently looked at it again but they are selling down assets to take care of balance sheet. Wont see material production growth until 2014. Thinks they will cut or eliminate the dividend.

DON'T BUY

Weighted toward gas projects and assets. Like many others are trying to increase capital expenditures and drive growth on the oil side of the business. Thinks management will be effective over time, but they are just performing in line with other gas companies.

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HOLD

Cut in dividend didn’t help but it is a hold. Not tremendous upside to it. Prefers large cap – ARC, BTE, etc.

BUY

Very good management. Good operating costs. Good mixture between the 2 commodities. Good yield of almost 8%.

WEAK BUY

Expected to convert to a Corp Jan 1/11 and move their distribution into a 6%-8% dividend range. Have some resources but could do a better job of explaining what they have. He owns it primarily for the yield. (See Top Picks.)

HOLD

50/50 oil and gas with about 9000 barrels a day. 11.7% distribution. Good management. Good acquisitions this year and he would like to see them consolidated.

BUY

(Market Call Minute.) Sustainable distribution. Well run.

PAST TOP PICK

(A Top Pick Sept 2/08. Up 0.49%.) Made a couple of acquisitions recently that he likes.

HOLD

(Market Call Minute.) Just acquired one of her junior companies and she intends to take the shares and hold.

Showing 1 to 15 of 42 entries

Zargon Oil & Gas Ltd (ZAR.TO) Frequently Asked Questions

What is Zargon Oil & Gas Ltd stock symbol?

Zargon Oil & Gas Ltd is a Canadian stock, trading under the symbol ZAR.TO (previously ZAR-T on Stockchase) on the Toronto Stock Exchange (ZAR-CT). It is usually referred to as TSX:ZAR or ZAR.TO

Is Zargon Oil & Gas Ltd a buy or a sell?

In the last year, no analyst issued a Buy, Sell, or Hold rating on ZAR.TO (previously ZAR-T on Stockchase) on Stockchase. Read the latest expert commentary for Zargon Oil & Gas Ltd.

Is Zargon Oil & Gas Ltd a good investment or a top pick?

Zargon Oil & Gas Ltd was recommended as a Top Pick by Joanne A. Hruska, CFA on 2009-09-14. Read the latest stock experts ratings for Zargon Oil & Gas Ltd.

Why is Zargon Oil & Gas Ltd stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for Zargon Oil & Gas Ltd.

Is Zargon Oil & Gas Ltd worth watching?

Zargon Oil & Gas Ltd is followed by 20 investors on Stockchase and is a trending stock that is worth watching.

What is Zargon Oil & Gas Ltd stock price?

On 2020-10-15, Zargon Oil & Gas Ltd (ZAR.TO) stock closed at a price of $0.05.

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