Birchcliff Energy Ltd.

BIR-T

How does it change a stock when it leaves the TSX? It is just a market cap thing. It has nothing to do with the value of the company. They benefit from LNG. Tax loss selling will attach this one but be will be a buyer.

It has had a nice bounce and he would be a buyer on any weakness. He has a target of $5 in twelve months. It is over a 4% dividend yield.

Nat Gas producer in the North West Alberta. 5.44% dividend yield. He likes it a lot and has a $5 target. (Analysts’ price target is $4.70)

Likes the company. His one-year price target is $5. Balance sheet very strong, good growth potential when gas prices pick up. Intends to buy more. Yield is about 3.5%. Raised dividend about 5% a couple of months ago.

A premiere gas producer with good critical scale. He owns it, but it will take some patience. It has 20% in liquids and their gas pricing is non-AECO and non-Station 2 (BC), moving into the Chicago market.

(A Top Pick Mar 16/18, Up 12%) The balance sheet is in good shape. They are now guiding flat. They will knock off some debt this year. Book value is $6.67 and he has a $7 target. He keeps on adding to it. They raised the dividend in the last quarter.

He likes energy in general, and BIR will likely reach $5, but doesn't know if it'll rise higher than that.

He is challenged with natural gas in general in North America. There is a tonne of low cost supply. There are other names he would strongly prefer. He would not have exposure to Canadian nat gas stocks now.

(A Top Pick Feb 18/18, Up 15%) It has done well. They are generating cash flow even in the coming year. Below $3.20 it is a buy and below $3 it is a table pounding buy.

They are natural gas and people are frustrated with Nat Gas companies. Nat Gas is up in the states but this one has been hit. It is the difference between Canadian and US pricing differences. In Canada Nat Gas companies don’t have the same robustness from seasonality. Nat Gas will do well again just before the A/C season. Wait until you see Nat Gas going up before getting into this stock.

Why is the price of natural gas rising, but this stock is declining? There's not always a correlation between natural gas prices and these stocks. BIR has a $2.80 support level, but nat gas' seasonality just ended. We need to see BIR hold its current level. He expects investors to step in here.

(A Top Pick Dec 18/17, Down 28%) It is ridiculously cheap. The balance sheet is very good. A year from now all three of these names should look really good. They have positive cash flow because they have firm hedges. Be bought stock last week.

It is a natural gas producer. He likes the setup for Canadian gas stocks. He bought in the fall. We are starting to get a cold winter. It set a record in Toronto last night. KEL-T was highlighted to him this week as one that gets a pretty good price for its gas and he recommends it also. He likes the gas trade here.

BIR-T vs. CR-T. BIR-T has much larger production than CR-T. BIR-T is a large cap vs. CR-T being a small cap. He likes both companies and owns them. He does not have a preferred one.