BUY
Global maker of pipeline coatings. Owns shares in portfolio. Expecting company to do well with strong energy prices. Demand for energy pipelines will grow.
oil / gas field services

Unlock the latest expert's opinion. Its free

Create a FREE account to see the latest opinions & get alerts about when to buy, sell or hold stocks

Unlock the latest opinion & get signals
HOLD
Very good price momentum, mediocre price valuation. Wishes he owned it.
oil / gas field services
DON'T BUY
Pipeline coating. Quite global. Follows the path of crude oil prices. Earnings are cyclical. Not a regulated business the way pipelines are. Thesis that oil demand will decline. There are better secular themes to invest in.
oil / gas field services
DON'T BUY

The Enbridge 3 pipeline will get built by early next year, but Keystone is a question mark. Shawcor coats pipelines, so they benefit from this construction. But Ottawa is anti-pipeline as are well-financed interest groups opposing pipelines. Wait and see how the pipeline chips fall in coming months.

oil / gas field services
DON'T BUY
It's had a fall from grace. Energy services have been hit hard by plunging oil prices. They depend on infrastructure projects. They're still a leader in pipe coating, though. Maybe this is a trade, but he avoids energy service companies entirely.
oil / gas field services
WAIT
Down 90% It was once thought of a great steady energy services company. He does not own it today. From a global energy expansion perspective they would do well. He just doesn't think we are there just yet. He is watching it along with trends in the energy sector. It is too early at this time to get back in although he is starting to see some rotation into the space.
oil / gas field services
DON'T BUY
The energy sector is under a cloud. It’s an energy service company on the pipe side. It’s been caught in the energy downturn. He would stay away until the sector recovers. It’s a well-run company but it seems that nobody cares. Dividend is okay.
oil / gas field services
DON'T BUY
He sold it 4 years ago. A great company and management, but it's related to energy prices. They are efficient at coating pipelines. If their backlog is rising, buy it, but when it is not (like now), don't.
oil / gas field services
WATCH
Energy has been crushed, and a lot of companies are at compelling valuations. This is a provider to the energy sector, so will do well when/if the sector improves. Need more firmness in the commodity price, which he hopes has bottomed out. (Analysts’ price target is $28.70)
oil / gas field services
COMMENT

Chances are the Trans Mountain Pipeline will be built or at least East Mountain could. These things have been held up for so long, investors are losing faith, but if the pipelines are built, Shawcor will come back a long way. He expects better times for pipelines because there's so much supply pressure. Eventually these companies will do well, but it'll be uncertain for a few years.

oil / gas field services
DON'T BUY

This hasn't done much, and is in a bit of a Bear cycle here. It’s not been able to bust up through $36. The only thing positive is that there is some kind of strength in the low $20's. It is in kind of no man's land right now. He wouldn't put any new money into this.

oil / gas field services
BUY

The world leader and a top player in this space. He thinks the oil industry will start to pick up again so it is a good buy here.

oil / gas field services
HOLD

A global leader in pipe coating. They recently reported, and management seems optimistic that drilling activity has troughed. It is rising in North America, and this company is seeing the benefits of that. A lot of their larger projects in 2015 and 2016 were being put on the back burner and delayed. But now they are being asked to bid a lot more larger projects. If you are a long-term investor, you could start picking at this here.

oil / gas field services
HOLD

She owns this, and it has been a somewhat volatile ride, because their fortunes are somewhat connected to the energy patch, being a global pipeline coater. A lot of the pipeline systems in North America are quite old and need refurbishment and it is very hard to build new pipelines. The stock is currently at $26.80, and she wouldn’t sell it down here.

oil / gas field services
COMMENT

Has been looking at this, and with more pipeline expansion likely to come on in the horizon, he feels it is already being discounted in price to some extent. Doesn’t like chasing stocks. This one turned a corner recently and he would like to own it at a cheaper price. There is a lot of growth built into the current price.

oil / gas field services
Showing 1 to 15 of 175 entries

Shawcor Ltd. (A)(SCL-T) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 2

Stockchase rating for Shawcor Ltd. (A) is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Shawcor Ltd. (A)(SCL-T) Frequently Asked Questions

What is Shawcor Ltd. (A) stock symbol?

Shawcor Ltd. (A) is a Canadian stock, trading under the symbol SCL-T on the Toronto Stock Exchange (SCL-CT). It is usually referred to as TSX:SCL or SCL-T

Is Shawcor Ltd. (A) a buy or a sell?

In the last year, 2 stock analysts published opinions about SCL-T. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Shawcor Ltd. (A).

Is Shawcor Ltd. (A) a good investment or a top pick?

Shawcor Ltd. (A) was recommended as a Top Pick by on . Read the latest stock experts ratings for Shawcor Ltd. (A).

Why is Shawcor Ltd. (A) stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Shawcor Ltd. (A) worth watching?

2 stock analysts on Stockchase covered Shawcor Ltd. (A) In the last year. It is a trending stock that is worth watching.

What is Shawcor Ltd. (A) stock price?

On 2022-12-02, Shawcor Ltd. (A) (SCL-T) stock closed at a price of $12.98.