TSE:CKE

0.07
0.01 (7.69%) 1d
0
WAIT
They have cut back and preserved capital. They do not have a debt issue. They are a gas play. If gas prices stay strong, they should do well. She anticipates their 4th quarter production being lower. She is not buying it today, but the future looks good.
oil / gas

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SELL

(Market Call Minute.)

oil / gas
BUY

This is a good way to play the small cap area through the bottom. They are not spending much at all this year. They are more of a gas play. Mostly in BC. They are in an area that is really doing well. M&A could happen at any time. It is a nice place to park money in this down turn.

oil / gas
COMMENT

Has been nibbling at this. Really likes this because it is sitting on $50 million in cash. It is in a nice sweet spot where Kelt Exploration (KEL-T) just acquired Artek Exploration (RTK-T) and Storm (SRX-X). They have some nice wells and some good land. Good management. This is a good place to park.

oil / gas
WAIT

It is repositioning itself in Canada and there are some good assets in Canada. The management team has done it before. Give it some time and see how they do.

oil / gas
BUY

One of his favourite junior gas names. It represents pretty good value. It is cashed up, not a lot of debt. If drilling results come through there is a lot of upside potential.

oil / gas
DON'T BUY

Energy is positive coming up, but the chart on this one is not that appealing. It just broke through the 50 day a few days ago, and there has been significant underperformance against the market over the past month. There are signs that this one is trending lower.

oil / gas
COMMENT

Feels the market wants to see this company become less complex. Have some assets in Canada and some in Tunisia. Tunisia has always been a sore spot from the geopolitical risk standpoint. He hopes they can sell the Tunisian assets and bring the cash back to Canada and invest in some interesting plays. If that happens, he could see the share price at $2.50. If looking for a small cap gas stock, see Top Picks. (See Top Picks.)

oil / gas
COMMENT

Develops niche oil and gas opportunities in international hydrocarbon provinces. Explores globally. This one was in a negative trend and has clearly broken out. We are coming up to the period of seasonal strength. A volatile stock but it is showing outperformance against the market. Looks interesting.

oil / gas
WAIT
Has had a few divestments to keep the balance sheet clean. You might want to wait to buy it because it is Nat. Gas and you want to go through the shoulder season.
oil / gas
DON'T BUY
Great reputation in the oil patch. Got caught in a tailspin in low commodity prices. Merger with SVI came out of this. Investor uptake has not been that great.
oil / gas
SELL
It’s a sad situation because they were excellent operators. Good management by they got caught on the wrong side of the street.
oil / gas
HOLD
Had a lot of momentum and was moving from more conventional gas into unconventional gas but got caught a little late making that move. Also had some debt issues.
oil / gas
COMMENT
Amalgamating into Chinook Energy. Stock has not moved since the announcement. Conversion is $1.83 with $1.05 in cash and the rest in shares, which is expected to be worth less now than when the deal was announced. Won't wait for the conversion but will sell his holdings into the market in the next few days.
oil / gas
HOLD
Hoping to be acquired. Feels the assets are worth a lot more than where the stock is trading. Can't see who would want all of the company's assets. If it was sold in 2 or 3 different pieces, they could probably get more value.
oil / gas
Showing 1 to 15 of 65 entries

Chinook Energy Inc(CKE-T) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for Chinook Energy Inc 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.

Chinook Energy Inc(CKE-T) Frequently Asked Questions

What is Chinook Energy Inc stock symbol?

Chinook Energy Inc is a Canadian stock, trading under the symbol CKE-T on the Toronto Stock Exchange (CKE-CT). It is usually referred to as TSX:CKE or CKE-T

Is Chinook Energy Inc a buy or a sell?

In the last year, there was no coverage of Chinook Energy Inc published on Stockchase.

Is Chinook Energy Inc a good investment or a top pick?

Chinook Energy Inc was recommended as a Top Pick by on . Read the latest stock experts ratings for Chinook Energy Inc.

Why is Chinook Energy Inc 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 Chinook Energy Inc worth watching?

0 stock analysts on Stockchase covered Chinook Energy Inc In the last year. It is a trending stock that is worth watching.

What is Chinook Energy Inc stock price?

On 2020-04-22, Chinook Energy Inc (CKE-T) stock closed at a price of $0.07.