Painted Pony Energy (PONY-T) Stock Predictions - Stockchase
WATCH LIST
195
Painted Pony Energy (PONY-T)

ON STOCKCHASE SINCE Dec 2007

oil/gas

Painted Pony Energy

PONY-T

93 watching          
Join the Discussion

Painted Pony Energy (PONY-T) SAVE Mar, 18, 2019, 3:29 pm

1.93 0.04 (2.12%)

What the experts are saying about PONY-T



  • All
  • Filtered
Signal Opinion Expert
BUY
Painted Pony Energy(PONY-T) 

February 28, 2019

Results are not out yet because of a pipeline issue on the West Coast of BC. He thinks their volumes will pick up again as the pipeline issues are resolved. It is a very cheap stock at one and a half times cash flow. We need LNG takeaway capacity on the west coast, which will benefit them in 2024. We are probably going to have the lowest storage levels in a long time in North America due to cold weather. And Canadian Nat Gas prices are above $3 right now. It looks like cold weather will go on a little longer.
oil/gas
0 0 0 0 0
0 comments
Results are not out yet because of a pipeline issue on the West Coast of BC. He thinks their volumes will pick up again as the pipeline issues are resolved. It is a very cheap stock at one and a half times cash flow. We need LNG takeaway capacity on the west coast, which will benefit them in 2024. We are probably going to have the lowest storage levels in a long time in North America due to cold weather. And Canadian Nat Gas prices are above $3 right now. It looks like cold weather will go on a little longer.
oil/gas
0 0 0 0 0
0 comments
Josef Schachter

President, Schachter Asset Mana...

Price Price
$1.470
Owned Owned
Unknown

DON'T BUY
Painted Pony Energy(PONY-T) 

January 9, 2019

A BC station 2 gas producer -- right at the further point from markets. He is focusing on condensate rich producers instead that see prices linked more to oil prices. AECO prices yesterday were $1.13 /GJ.
oil/gas
0 0 0 0 0
0 comments
A BC station 2 gas producer -- right at the further point from markets. He is focusing on condensate rich producers instead that see prices linked more to oil prices. AECO prices yesterday were $1.13 /GJ.
oil/gas
0 0 0 0 0
0 comments
Dennis da Silva

Managing D, Middlefield Capital ...

Price Price
$1.430
Owned Owned
No

BUY
Painted Pony Energy(PONY-T) 

December 17, 2018

It is on his action alert buy list. It is mainly natural gas focused. 9% liquids. They are going to have a lift in production in 2019. The stock is pretty cheap. The balance sheet is 35% debt and he does not see that as a problem. It will start to do much better.
oil/gas
0 0 0 0 0
0 comments
It is on his action alert buy list. It is mainly natural gas focused. 9% liquids. They are going to have a lift in production in 2019. The stock is pretty cheap. The balance sheet is 35% debt and he does not see that as a problem. It will start to do much better.
oil/gas
0 0 0 0 0
0 comments
Josef Schachter

President, Schachter Asset Mana...

Price Price
$1.330
Owned Owned
Unknown

WAIT
Painted Pony Energy(PONY-T) 

November 14, 2018

In the long term, they have incredible assets and management and will be very successful. In the short term, they are looking at selling some assets because of high debt loads.
oil/gas
0 0 0 0 0
0 comments
In the long term, they have incredible assets and management and will be very successful. In the short term, they are looking at selling some assets because of high debt loads.
oil/gas
0 0 0 0 0
0 comments
Joanne A. Hrusk

Market Str, Integral Wealth Secu...

Price Price
$2.090
Owned Owned
No

DON'T BUY
Painted Pony Energy(PONY-T) 

October 19, 2018

This stock was a sell on fact situation following the announcement of Shell to proceed with LNG on the west coast.  There is long term exposure to BC natural gas out to 2023.  They are having trouble proving the value of their acreage.  He would not own this as he remains bearish natural gas.  

oil/gas
0 0 0 0 0
0 comments

This stock was a sell on fact situation following the announcement of Shell to proceed with LNG on the west coast.  There is long term exposure to BC natural gas out to 2023.  They are having trouble proving the value of their acreage.  He would not own this as he remains bearish natural gas.  

oil/gas
0 0 0 0 0
0 comments
Eric Nuttall

Partner & , Ninepoint Partners...

Price Price
$2.270
Owned Owned
No

HOLD
Painted Pony Energy(PONY-T) 

September 28, 2018

This is very leveraged to a positive FID LNG announcement on the west coast.  It had been on a dangerous trajectory for crazy growth, but it has reigned that it.  It is not in the top four natural gas holdings for them.  

oil/gas
0 0 0 0 0
0 comments

This is very leveraged to a positive FID LNG announcement on the west coast.  It had been on a dangerous trajectory for crazy growth, but it has reigned that it.  It is not in the top four natural gas holdings for them.  

oil/gas
0 0 0 0 0
0 comments
Dennis da Silva

Managing D, Middlefield Capital ...

Price Price
$3.280
Owned Owned
No

COMMENT
Painted Pony Energy(PONY-T) 

September 7, 2018

Tourmaline versus Painted Pony. TOU-T is a $5.8 billion company with 22% liquids, moving towards 40% liquids production soon.  PONY-T market cap is $438 million.  These are apples to oranges.  He lies both companies, however, and both are on his recommended list.  If we see a further market erosion with tax loss season approaching in November or December, both will likely become a strong buy.    

oil/gas
0 0 0 0 0
0 comments

Tourmaline versus Painted Pony. TOU-T is a $5.8 billion company with 22% liquids, moving towards 40% liquids production soon.  PONY-T market cap is $438 million.  These are apples to oranges.  He lies both companies, however, and both are on his recommended list.  If we see a further market erosion with tax loss season approaching in November or December, both will likely become a strong buy.    

oil/gas
0 0 0 0 0
0 comments
Josef Schachter

President, Schachter Asset Mana...

Price Price
$2.580
Owned Owned
_N/A

HOLD
Painted Pony Energy(PONY-T) 

August 24, 2018

It has dropped and is attempting to consolidate.  It is in a cup formation.  If it breaks its old lid, it may break out.  If own, you may want to hold, but would not buy until a break out is confirmed.

oil/gas
0 0 0 0 0
0 comments

It has dropped and is attempting to consolidate.  It is in a cup formation.  If it breaks its old lid, it may break out.  If own, you may want to hold, but would not buy until a break out is confirmed.

oil/gas
0 0 0 0 0
0 comments
Keith Richards

Portfolio , ValueTrend Wealth Ma...

Price Price
$2.950
Owned Owned
No

BUY on WEAKNESS
Painted Pony Energy(PONY-T) 

August 13, 2018

Their debt is not a problem. Book value is $6.47.  Would be a buy if the stock price went to the low $2.00 range.  This is a stock you want to own for the long term.  When gas comes back into favour, Painted Pony is one of the go to names. 

oil/gas
0 0 0 0 0
0 comments

Their debt is not a problem. Book value is $6.47.  Would be a buy if the stock price went to the low $2.00 range.  This is a stock you want to own for the long term.  When gas comes back into favour, Painted Pony is one of the go to names. 

oil/gas
0 0 0 0 0
0 comments
Josef Schachter

President, Schachter Asset Mana...

Price Price
$2.670
Owned Owned
No

WEAK BUY

The chart looks good at the moment.  This has formed a double bottom around $1.70 and has been trading steadily higher.  This is a good bargain potentially and has moved through resistance around $3.  As long as energy prices continue to do well, it could rally by another $0.50 with $2.60 as key support.

oil/gas
0 0 0 0 0
0 comments

The chart looks good at the moment.  This has formed a double bottom around $1.70 and has been trading steadily higher.  This is a good bargain potentially and has moved through resistance around $3.  As long as energy prices continue to do well, it could rally by another $0.50 with $2.60 as key support.

oil/gas
0 0 0 0 0
0 comments
Jeff Parent B.

VP & Portf, Castlemoore Inc....

Price Price
$2.990
Owned Owned
No

BUY

They have a lot of debt but you have to look at the equity.  They are about 9% liquids and 91% natural gas.  Their stock popped last week because they announced on two wells.  They are now finding more liquid rich opportunities.  It is one of the names he likes.  He projects $6 within a year.  He feels the bargains are in the natural gas side.

oil/gas
0 0 0 0 0
0 comments

They have a lot of debt but you have to look at the equity.  They are about 9% liquids and 91% natural gas.  Their stock popped last week because they announced on two wells.  They are now finding more liquid rich opportunities.  It is one of the names he likes.  He projects $6 within a year.  He feels the bargains are in the natural gas side.

oil/gas
0 0 0 0 0
0 comments
Josef Schachter

President, Schachter Asset Mana...

Price Price
$2.750
Owned Owned
Unknown

HOLD

It was in a down trend but the worst may be over.  Don't buy in the middle of a consolidation.  Buy on a positive breakout.  If you hold it then see what happens.

oil/gas
0 0 0 0 0
0 comments

It was in a down trend but the worst may be over.  Don't buy in the middle of a consolidation.  Buy on a positive breakout.  If you hold it then see what happens.

oil/gas
0 0 0 0 0
0 comments
Keith Richards

Portfolio , ValueTrend Wealth Ma...

Price Price
$2.480
Owned Owned
Unknown

BUY

People criticize it for their debt.  They are only 33% debt to capital position.  He thinks it is an attractive story.  His target is $3.06 this year.  They are 96% gas.  If LNG comes on line, it will need gas.  Under $2 PONY-X will be a great buy.

oil/gas
0 0 0 0 0
0 comments

People criticize it for their debt.  They are only 33% debt to capital position.  He thinks it is an attractive story.  His target is $3.06 this year.  They are 96% gas.  If LNG comes on line, it will need gas.  Under $2 PONY-X will be a great buy.

oil/gas
0 0 0 0 0
0 comments
Josef Schachter

President, Schachter Asset Mana...

Price Price
$2.180
Owned Owned
Unknown

HOLD

This is a great way to play new LNG development.  If you own it, ride it into the Shell decision to go ahead with LNG.  With the right asset sale they could dramatically improve their debt-cash flow metrics, so that could make him more bullish eventually. 

oil/gas
0 0 0 0 0
0 comments

This is a great way to play new LNG development.  If you own it, ride it into the Shell decision to go ahead with LNG.  With the right asset sale they could dramatically improve their debt-cash flow metrics, so that could make him more bullish eventually. 

oil/gas
0 0 0 0 0
0 comments
Eric Nuttall

Partner & , Ninepoint Partners...

Price Price
$2.620
Owned Owned
No

SELL ON STRENGTH

Maybe it is a good takeout candidate.  This is an example of a name that is lagging the commodity.  It says you should be a little careful.  It is more of a trade here.  $7 may be the upper limit.  Take profits when you can.

oil/gas
0 0 0 0 0
0 comments

Maybe it is a good takeout candidate.  This is an example of a name that is lagging the commodity.  It says you should be a little careful.  It is more of a trade here.  $7 may be the upper limit.  Take profits when you can.

oil/gas
0 0 0 0 0
0 comments
Hap (Robert) Sn

Chief Port, Castlemoore Inc....

Price Price
$2.800
Owned Owned
Unknown

DON'T BUY

They have the 3rd largest gas reserves in Canada. He’s not buying it because his focus is on oil companies that have had a 50-to-70% dislocation between what oil has done and what the stock has done. He is also focused on service companies that are able to push through price increases, have net cash on the balance sheet, are trading at 2 to 3x EBITDA, with 20% free cash flow yield. Painted Pony doesn’t fit this mix. Pony has fallen 50% this year based on natural gas exposure. He’s been bearish on nat gas for a year. They’ve done their best to diversify their market but the backdrop for natural gas in 2019 and beyond is not good in Canada and in the U.S.

oil/gas
0 0 0 0 0
0 comments

They have the 3rd largest gas reserves in Canada. He’s not buying it because his focus is on oil companies that have had a 50-to-70% dislocation between what oil has done and what the stock has done. He is also focused on service companies that are able to push through price increases, have net cash on the balance sheet, are trading at 2 to 3x EBITDA, with 20% free cash flow yield. Painted Pony doesn’t fit this mix. Pony has fallen 50% this year based on natural gas exposure. He’s been bearish on nat gas for a year. They’ve done their best to diversify their market but the backdrop for natural gas in 2019 and beyond is not good in Canada and in the U.S.

oil/gas
0 0 0 0 0
0 comments
Eric Nuttall

Partner & , Ninepoint Partners...

Price Price
$2.180
Owned Owned
No

BUY

He admires the company.  He has not bought any at this time, but it is quite interesting.  It is one of the better managed mid-sized companies in the oil patch.  We are going to see more M&A in the industry and this is one that could take advantage of that.

oil/gas
0 0 0 0 0
0 comments

He admires the company.  He has not bought any at this time, but it is quite interesting.  It is one of the better managed mid-sized companies in the oil patch.  We are going to see more M&A in the industry and this is one that could take advantage of that.

oil/gas
0 0 0 0 0
0 comments
Michael Sprung

President, Sprung Investment Ma...

Price Price
$2.250
Owned Owned
No

COMMENT

Unfortunately the gas sector faces production that is stranded and at low commodity prices.  He continues to stay away from this sector, but feels the risk-reward is looking better. 

oil/gas
0 0 0 0 0
0 comments

Unfortunately the gas sector faces production that is stranded and at low commodity prices.  He continues to stay away from this sector, but feels the risk-reward is looking better. 

oil/gas
0 0 0 0 0
0 comments
Peter Imhof

Vice Presi, AGF Investments Inc...

Price Price
$2.410
Owned Owned
No

SPECULATIVE BUY

He follows it. He has a $4 target as a speculative buy. Careful because of volatility. Maybe it'll be cheaper later this year. It interests him. 

oil/gas
0 0 0 0 0
0 comments

He follows it. He has a $4 target as a speculative buy. Careful because of volatility. Maybe it'll be cheaper later this year. It interests him. 

oil/gas
0 0 0 0 0
0 comments
Jaime Carrasco

Portfolio , Canaccord Genuity...

Price Price
$2.190
Owned Owned
No

BUY on WEAKNESS

He likes this company. It is on his coverage list but not yet an Action Alert Buy. They have 92% natural gas. He expects it to increase output this year from 42,000 to 60,000 boe per day. They trade at 2x cash flow which he considers very cheap. Book value is $6.71 compared to a price of $2.12 on the day of the interview. Debt is $336 million compared to $1.1 billion of equity. He considers this an acceptable level of debt, but notes that other people on TV have said this level of debt is a problem. On the upside, this company has traded at 2x in the 2014 energy bull market. At today’s book value, the projected bull-market price would be $13 to $14. The stock is very cheap today, but it looked cheap in January 2018, when it was closer to $8. It could go down further before, perhaps to $1.80, it comes back. He has a $7 12-month target.

oil/gas
0 0 0 0 0
0 comments

He likes this company. It is on his coverage list but not yet an Action Alert Buy. They have 92% natural gas. He expects it to increase output this year from 42,000 to 60,000 boe per day. They trade at 2x cash flow which he considers very cheap. Book value is $6.71 compared to a price of $2.12 on the day of the interview. Debt is $336 million compared to $1.1 billion of equity. He considers this an acceptable level of debt, but notes that other people on TV have said this level of debt is a problem. On the upside, this company has traded at 2x in the 2014 energy bull market. At today’s book value, the projected bull-market price would be $13 to $14. The stock is very cheap today, but it looked cheap in January 2018, when it was closer to $8. It could go down further before, perhaps to $1.80, it comes back. He has a $7 12-month target.

oil/gas
0 0 0 0 0
0 comments
Josef Schachter

President, Schachter Asset Mana...

Price Price
$2.190
Owned Owned
Yes

WEAK BUY

Although it is producing more oil today, it is trading near five year lows, he says.  The trend has been down for several years, but the short-term bullish retracement allows an opportunity to place a stop around $1.98.  It is the seasonal strong period and we should see resistance around $2.39.  He would like to see this stock really accelerate with the recent rally in oil prices.

oil/gas
0 0 0 0 0
0 comments

Although it is producing more oil today, it is trading near five year lows, he says.  The trend has been down for several years, but the short-term bullish retracement allows an opportunity to place a stop around $1.98.  It is the seasonal strong period and we should see resistance around $2.39.  He would like to see this stock really accelerate with the recent rally in oil prices.

oil/gas
0 0 0 0 0
0 comments
Hap (Robert) Sn

Chief Port, Castlemoore Inc....

Price Price
$2.150
Owned Owned
No

COMMENT

Don't buy natural gas now, unless you're doing a short-term tactical trade. He's expecting Shell to come in within the next few months with an investment, Natural gas will be under pressure until 2023 and meanwhile not enough pipelines can carry it away. Long term, though, this and other nat. gas stocks could double after five years.

oil/gas
0 0 0 0 0
0 comments

Don't buy natural gas now, unless you're doing a short-term tactical trade. He's expecting Shell to come in within the next few months with an investment, Natural gas will be under pressure until 2023 and meanwhile not enough pipelines can carry it away. Long term, though, this and other nat. gas stocks could double after five years.

oil/gas
0 0 0 0 0
0 comments
Eric Nuttall

Partner & , Ninepoint Partners...

Price Price
$1.950
Owned Owned
Unknown

BUY

It is down big time.  You can see how the market feels.  They have a vast resource.  He has to take a short term trade on the believe that LNG will go forward. 

oil/gas
0 0 0 0 0
0 comments

It is down big time.  You can see how the market feels.  They have a vast resource.  He has to take a short term trade on the believe that LNG will go forward. 

oil/gas
0 0 0 0 0
0 comments
Dennis da Silva

Managing D, Middlefield Capital ...

Price Price
$1.910
Owned Owned
Unknown

PAST TOP PICK
Painted Pony Energy(PONY-T) 

February 26, 2018

(A Top Pick Mar 9/17, Down 69.03%)  This has been a very well managed company with the 3rd largest Nat Gas resource.  You had to pay your customers to take your product away last fall.  It costs money to shut in your gas so they paid customers to take it away.  If you look at a 10 year chart, the production has gone up 60 times as much and the stock went from $1.25 to $1.90.  There is an opportunity here.

oil/gas
0 0 0 0 0
0 comments

(A Top Pick Mar 9/17, Down 69.03%)  This has been a very well managed company with the 3rd largest Nat Gas resource.  You had to pay your customers to take your product away last fall.  It costs money to shut in your gas so they paid customers to take it away.  If you look at a 10 year chart, the production has gone up 60 times as much and the stock went from $1.25 to $1.90.  There is an opportunity here.

oil/gas
0 0 0 0 0
0 comments
Teal Linde

Portfolio , Linde Equity Report...

Price Price
$1.990
Owned Owned
Yes

WATCH
Painted Pony Energy(PONY-T) 

February 22, 2018

He hasn't jumped in yet. A well-managed company. For the longer term, they will do fairly well. Deserves a look at current levels.

oil/gas
0 0 0 0 0
0 comments

He hasn't jumped in yet. A well-managed company. For the longer term, they will do fairly well. Deserves a look at current levels.

oil/gas
0 0 0 0 0
0 comments
Michael Sprung

President, Sprung Investment Ma...

Price Price
$1.790
Owned Owned
No

COMMENT
Painted Pony Energy(PONY-T) 

February 16, 2018

He doesn’t know the fundamentals of the company. Nowhere to hang your hat. Resistance at the 3 dollars level. 

oil/gas
0 0 0 0 0
0 comments

He doesn’t know the fundamentals of the company. Nowhere to hang your hat. Resistance at the 3 dollars level. 

oil/gas
0 0 0 0 0
0 comments
Hap (Robert) Sn

Chief Port, Castlemoore Inc....

Price Price
$1.790
Owned Owned
No

DON'T BUY
Painted Pony Energy(PONY-T) 

February 9, 2018

They are one of the names suffering the long-term structural issue. It is hard to have capital tied in Canada.  

oil/gas
0 0 0 0 0
0 comments

They are one of the names suffering the long-term structural issue. It is hard to have capital tied in Canada.  

oil/gas
0 0 0 0 0
0 comments
Eric Nuttall

Partner & , Ninepoint Partners...

Price Price
$1.710
Owned Owned
No

DON'T BUY
Painted Pony Energy(PONY-T) 

February 5, 2018

We need an LNG announcement in the coming year to get gas out of western Canada.  The debt is creeping up as they don’t get the gas they forecast out of Canada.

oil/gas
0 0 0 0 0
0 comments

We need an LNG announcement in the coming year to get gas out of western Canada.  The debt is creeping up as they don’t get the gas they forecast out of Canada.

oil/gas
0 0 0 0 0
0 comments
Joanne A. Hrusk

Market Str, Integral Wealth Secu...

Price Price
$2.060
Owned Owned
Unknown

COMMENT
Painted Pony Energy(PONY-T) 

January 15, 2018

The mix is very good.  $6.30 is the book value.  The balance sheet is good.  It is trading at a third of book value.  People think the company won’t survive but he disagrees.  This is trading at survival value.  They have hedges on the gas price.  He likes what he is seeing.  He is looking into it seriously.

oil/gas
0 0 0 0 0
0 comments

The mix is very good.  $6.30 is the book value.  The balance sheet is good.  It is trading at a third of book value.  People think the company won’t survive but he disagrees.  This is trading at survival value.  They have hedges on the gas price.  He likes what he is seeing.  He is looking into it seriously.

oil/gas
0 0 0 0 0
0 comments
Josef Schachter

President, Schachter Asset Mana...

Price Price
$2.210
Owned Owned
Unknown

COMMENT
Painted Pony Energy(PONY-T) 

January 10, 2018

The big question is, when will we get LNG on the West Coast of Canada. This was started to be talked about around 11-12 years ago, and we still don't have anything as a final investment decision. Most demand for natural gas is in the lower part of the US. We are exporting it to Mexico. There is lots of gas in Pennsylvania and Ohio that is being sucked down there first, and what is left is the stranded gas which was left in Canada. Expects that sometime in 2018, Shell goes ahead with this project, which will get the Canadian gas stocks finally moving. This is still 5 years away. Very speculative.

oil/gas
0 0 0 0 0
0 comments

The big question is, when will we get LNG on the West Coast of Canada. This was started to be talked about around 11-12 years ago, and we still don't have anything as a final investment decision. Most demand for natural gas is in the lower part of the US. We are exporting it to Mexico. There is lots of gas in Pennsylvania and Ohio that is being sucked down there first, and what is left is the stranded gas which was left in Canada. Expects that sometime in 2018, Shell goes ahead with this project, which will get the Canadian gas stocks finally moving. This is still 5 years away. Very speculative.

oil/gas
0 0 0 0 0
0 comments
Robert Lauzon

Deputy Chi, Middlefield Capital ...

Price Price
$2.020
Owned Owned
Unknown

DON'T BUY
Painted Pony Energy(PONY-T) 

January 5, 2018

The trouble with this company and the whole gas complex is that the outlook for Canadian gas is absolutely horrible. 2018 strip price for Canada is $1.25, which is down 8%. Typically, these names rally in the winter, but the winter trade is over. You have normalized weather returning next week. There is just too much gas production in Canada relative to the take away capacity. This is going to be a minimum two-year problem out to the 2nd half of 2019.

oil/gas
0 0 0 0 0
0 comments

The trouble with this company and the whole gas complex is that the outlook for Canadian gas is absolutely horrible. 2018 strip price for Canada is $1.25, which is down 8%. Typically, these names rally in the winter, but the winter trade is over. You have normalized weather returning next week. There is just too much gas production in Canada relative to the take away capacity. This is going to be a minimum two-year problem out to the 2nd half of 2019.

oil/gas
0 0 0 0 0
0 comments
Eric Nuttall

Partner & , Ninepoint Partners...

Price Price
$2.190
Owned Owned
Unknown

HOLD
Painted Pony Energy(PONY-T) 

December 21, 2017

Gas prices in Canada has been decimated. This one has really done nothing for the last few years. Feels that a lot of the bad news is already in the stock. If you own, he wouldn't rush out to sell it, but wouldn't be buying any more at this time. They’re fairly good operators and there should be some growth, it's just that the underlying commodity is so weak that it is difficult for them. Also, there has been more pressure on because of tax loss reasons.

oil/gas
0 0 0 0 0
0 comments

Gas prices in Canada has been decimated. This one has really done nothing for the last few years. Feels that a lot of the bad news is already in the stock. If you own, he wouldn't rush out to sell it, but wouldn't be buying any more at this time. They’re fairly good operators and there should be some growth, it's just that the underlying commodity is so weak that it is difficult for them. Also, there has been more pressure on because of tax loss reasons.

oil/gas
0 0 0 0 0
0 comments
Peter Imhof

Vice Presi, AGF Investments Inc...

Price Price
$2.590
Owned Owned
Unknown

WATCH
Painted Pony Energy(PONY-T) 

December 18, 2017

Their volumes are going up.  They have a hedging program.  He does not think it is a bad balance sheet.  He thinks it is very cheap after being beat up with tax loss selling.  He is meeting with Management in January.

oil/gas
0 0 0 0 0
0 comments

Their volumes are going up.  They have a hedging program.  He does not think it is a bad balance sheet.  He thinks it is very cheap after being beat up with tax loss selling.  He is meeting with Management in January.

oil/gas
0 0 0 0 0
0 comments
Josef Schachter

President, Schachter Asset Mana...

Price Price
$2.370
Owned Owned
Unknown

DON'T BUY
Painted Pony Energy(PONY-T) 

December 15, 2017

From an operational point of view, this is a decent company. They have decent assets. However, there is a very high debt level, which is probably the main reason why it has been getting destroyed on the stock market. For investors in a struggling sector, this is just not what they want. He wouldn't recommend this because of the debt. He would rather make less money on less risk on something else.

oil/gas
0 0 0 0 0
0 comments

From an operational point of view, this is a decent company. They have decent assets. However, there is a very high debt level, which is probably the main reason why it has been getting destroyed on the stock market. For investors in a struggling sector, this is just not what they want. He wouldn't recommend this because of the debt. He would rather make less money on less risk on something else.

oil/gas
0 0 0 0 0
0 comments
Peter Hodson

CEO & Head, 5i Research Inc....

Price Price
$2.330
Owned Owned
Unknown

COMMENT
Painted Pony Energy(PONY-T) 

September 13, 2017

Among the junior intermediates, this is a well-managed company. At these levels, this has caught his attention. They run a very good operation, and tend to have a fairly good discipline on their capital deployment. This is one he would be looking at to add in the near future.

oil/gas
0 0 0 0 0
0 comments

Among the junior intermediates, this is a well-managed company. At these levels, this has caught his attention. They run a very good operation, and tend to have a fairly good discipline on their capital deployment. This is one he would be looking at to add in the near future.

oil/gas
0 0 0 0 0
0 comments
Michael Sprung

President, Sprung Investment Ma...

Price Price
$3.190
Owned Owned
No

PAST TOP PICK
Painted Pony Energy(PONY-T) 

September 11, 2017

(Top Pick Sep 19/16, Down 60%)  It has really fallen.  He owns it because it is the third largest Nat Gas reserve of the publicly traded companies.  It is one of the fastest growing Nat Gas companies.  This year they did an acquisition that was medium to long term accretive.  Then their bank line was pushed and they issued debt.  Now Nat Gas has fallen in half.  We need improvement in Nat Gas pricing through exports. 

oil/gas
0 0 0 0 0
0 comments

(Top Pick Sep 19/16, Down 60%)  It has really fallen.  He owns it because it is the third largest Nat Gas reserve of the publicly traded companies.  It is one of the fastest growing Nat Gas companies.  This year they did an acquisition that was medium to long term accretive.  Then their bank line was pushed and they issued debt.  Now Nat Gas has fallen in half.  We need improvement in Nat Gas pricing through exports. 

oil/gas
0 0 0 0 0
0 comments
Teal Linde

Portfolio , Linde Equity Report...

Price Price
$2.990
Owned Owned
Yes

WATCH
Painted Pony Energy(PONY-T) 

September 8, 2017

This is clearly in a downward trend. That is not unusual. Most of the Canadian energy stocks have been in that trend for the last while. There is good reason to believe that the company, mainly a gas producer, is going to show signs of bottoming. The stock has support just below current levels. Other gassy stocks, during the last couple of weeks, has started to form some base building patterns. He would like to see this perform a technical pattern before recommending it. Put it on your radar list, because historically these kinds of stocks do well at this time of year.

oil/gas
0 0 0 0 0
0 comments

This is clearly in a downward trend. That is not unusual. Most of the Canadian energy stocks have been in that trend for the last while. There is good reason to believe that the company, mainly a gas producer, is going to show signs of bottoming. The stock has support just below current levels. Other gassy stocks, during the last couple of weeks, has started to form some base building patterns. He would like to see this perform a technical pattern before recommending it. Put it on your radar list, because historically these kinds of stocks do well at this time of year.

oil/gas
0 0 0 0 0
0 comments
Don Vialoux

Research A, TimingTheMarket.CA &...

Price Price
$3.030
Owned Owned
Unknown

COMMENT

Hasn’t held this for about 2 years. If bullish on Canadian gas, this is not a bad name. They’ve suffered from an equity issuance they did earlier this year, where they diluted the shareholder base by about 58%. That was to get more drilling depth acreage, more contiguous where they can draw longer laterals. Trading inexpensively relative to its inventory depth, but there is a lack of a lot of pipeline, and thinks it will continue to sell at a disconnect. There are better names in the US.

oil/gas
0 0 0 0 0
0 comments

Hasn’t held this for about 2 years. If bullish on Canadian gas, this is not a bad name. They’ve suffered from an equity issuance they did earlier this year, where they diluted the shareholder base by about 58%. That was to get more drilling depth acreage, more contiguous where they can draw longer laterals. Trading inexpensively relative to its inventory depth, but there is a lack of a lot of pipeline, and thinks it will continue to sell at a disconnect. There are better names in the US.

oil/gas
0 0 0 0 0
0 comments
Eric Nuttall

Partner & , Ninepoint Partners...

Price Price
$4.720
Owned Owned
No

DON'T BUY

A couple of years downtrend broke, which is a good thing.Then we took out the last low so it is officially in a down trend.

oil/gas
0 0 0 0 0
0 comments

A couple of years downtrend broke, which is a good thing.Then we took out the last low so it is officially in a down trend.

oil/gas
0 0 0 0 0
0 comments
Keith Richards

Portfolio , ValueTrend Wealth Ma...

Price Price
$4.610
Owned Owned
Unknown

BUY

Production metrics fell off but the management team are always looking further out.  Short term they are negative, but positive long term.

oil/gas
0 0 0 0 0
0 comments

Production metrics fell off but the management team are always looking further out.  Short term they are negative, but positive long term.

oil/gas
0 0 0 0 0
0 comments
Teal Linde

Portfolio , Linde Equity Report...

Price Price
$5.180
Owned Owned
Yes

DON'T BUY

When companies tell us they have great assets, and then go out and buy something else, he wonders why they have to do that. The company is in the penalty box.

oil/gas
0 0 0 0 0
0 comments

When companies tell us they have great assets, and then go out and buy something else, he wonders why they have to do that. The company is in the penalty box.

oil/gas
0 0 0 0 0
0 comments
Peter Imhof

Vice Presi, AGF Investments Inc...

Price Price
$5.260
Owned Owned
Unknown

COMMENT

Did an acquisition which really ticked off a lot of investors diluting the share count by about 50%. The attraction of the company was that they had very good well results and very, very deep inventory. Management has had a tough time selling this. You just have to wait for this to clear. It screens very well on a valuation relative to growth rate. Extremely inexpensive relative to the growth rate and the running room they have now acquired.

oil/gas
0 0 0 0 0
0 comments

Did an acquisition which really ticked off a lot of investors diluting the share count by about 50%. The attraction of the company was that they had very good well results and very, very deep inventory. Management has had a tough time selling this. You just have to wait for this to clear. It screens very well on a valuation relative to growth rate. Extremely inexpensive relative to the growth rate and the running room they have now acquired.

oil/gas
0 0 0 0 0
0 comments
Eric Nuttall

Partner & , Ninepoint Partners...

Price Price
$5.520
Owned Owned
No

DON'T BUY

This is more of a gas stock than anything else. Historically, these stocks do very well from around the last week in January to around the end of April. This year, that didn’t happen, and the technicals didn’t support the seasonal trade. Look for better opportunities elsewhere.

oil/gas
0 0 0 0 0
0 comments

This is more of a gas stock than anything else. Historically, these stocks do very well from around the last week in January to around the end of April. This year, that didn’t happen, and the technicals didn’t support the seasonal trade. Look for better opportunities elsewhere.

oil/gas
0 0 0 0 0
0 comments
Don Vialoux

Research A, TimingTheMarket.CA &...

Price Price
$5.150
Owned Owned
Unknown

HOLD

Recently hit his radar screens. Seems to be a well-managed company. They hit the pocket when a lot of the energy companies were having some difficulties. Have very good land positions. He is looking at this as a possible purchase.

oil/gas
0 0 0 0 0
0 comments

Recently hit his radar screens. Seems to be a well-managed company. They hit the pocket when a lot of the energy companies were having some difficulties. Have very good land positions. He is looking at this as a possible purchase.

oil/gas
0 0 0 0 0
0 comments
Michael Sprung

President, Sprung Investment Ma...

Price Price
$5.010
Owned Owned
No

DON'T BUY

He avoided the face plant they did.  There are concerns about Canadian gas pricing.  It is cheap.  They reduced their cap-x.  The stock fell in half and then they diluted by 59%.

oil/gas
0 0 0 0 0
0 comments

He avoided the face plant they did.  There are concerns about Canadian gas pricing.  It is cheap.  They reduced their cap-x.  The stock fell in half and then they diluted by 59%.

oil/gas
0 0 0 0 0
0 comments
Eric Nuttall

Partner & , Ninepoint Partners...

Price Price
$5.450
Owned Owned
No

COMMENT

A small company in the Montney gas play. They have big resources and big upside if they were to be acquired. The issue is that gas prices have been pretty weak. They continue to issue stock to finance their activity, which is negative for the stock in the short term.

oil/gas
0 0 0 0 0
0 comments

A small company in the Montney gas play. They have big resources and big upside if they were to be acquired. The issue is that gas prices have been pretty weak. They continue to issue stock to finance their activity, which is negative for the stock in the short term.

oil/gas
0 0 0 0 0
0 comments
Jim Huang

President, T.I.P. Wealth Manage...

Price Price
$5.540
Owned Owned
Unknown

PAST TOP PICK

(A Top Pick March 14/16. Up 26.62%.) He still likes this company. Natural gas prices have weakened considerably, particularly in Western Canada.

oil/gas
0 0 0 0 0
0 comments

(A Top Pick March 14/16. Up 26.62%.) He still likes this company. Natural gas prices have weakened considerably, particularly in Western Canada.

oil/gas
0 0 0 0 0
0 comments
Teal Linde

Portfolio , Linde Equity Report...

Price Price
$6.040
Owned Owned
Yes

TOP PICK

The company is looking for production growth of about 80% in 2017 and 40% in 2018. There is no other natural gas player in Western Canada that has those kinds of growth rates. The valuation is actually below the average of their peers, which is also very attractive. (Analysts’ price target is $10.)

oil/gas
0 0 0 0 0
0 comments

The company is looking for production growth of about 80% in 2017 and 40% in 2018. There is no other natural gas player in Western Canada that has those kinds of growth rates. The valuation is actually below the average of their peers, which is also very attractive. (Analysts’ price target is $10.)

oil/gas
0 0 0 0 0
0 comments
Teal Linde

Portfolio , Linde Equity Report...

Price Price
$6.040
Owned Owned
Yes

COMMENT
Painted Pony Energy(PONY-T) 

December 6, 2016

A natural gas producer in Northeast BC. Have done an excellent job in executing their growth plan. They’ve got big plans out to 2020, and thinks they kind of want to broach that 100,000 barrels’ equivalent mark, and are currently at about 40,000. They have stepwise plan for adding infrastructure with their partner, AltaGas (ALA-T). AltaGas has built a plant, and have another phase planned. His issue is that they have vastly outspent cash flow and have ramped up debt levels. Management has done a fantastic job.

oil/gas
1 0 0 0 0
0 comments

A natural gas producer in Northeast BC. Have done an excellent job in executing their growth plan. They’ve got big plans out to 2020, and thinks they kind of want to broach that 100,000 barrels’ equivalent mark, and are currently at about 40,000. They have stepwise plan for adding infrastructure with their partner, AltaGas (ALA-T). AltaGas has built a plant, and have another phase planned. His issue is that they have vastly outspent cash flow and have ramped up debt levels. Management has done a fantastic job.

oil/gas
1 0 0 0 0
0 comments
Mason Granger

Portfolio , Sentry Investments...

Price Price
$10.150
Owned Owned
Unknown

BUY on WEAKNESS
Painted Pony Energy(PONY-T) 

October 26, 2016

A good company in natural gas. Had a really good performance this year to date. A lot of natural gas companies have come down recently. If predictions are right for El Niña, there should be increased demand for natural gas. A good commodity to own in this environment. There will be some more volatility in the sector, so you could probably buy a little bit cheaper, perhaps 5%.

oil/gas
0 0 0 0 0
0 comments

A good company in natural gas. Had a really good performance this year to date. A lot of natural gas companies have come down recently. If predictions are right for El Niña, there should be increased demand for natural gas. A good commodity to own in this environment. There will be some more volatility in the sector, so you could probably buy a little bit cheaper, perhaps 5%.

oil/gas
0 0 0 0 0
0 comments
Cole Kachur

Senior Wea, ScotiaWealth Managem...

Price Price
$8.460
Owned Owned
No

COMMENT
Painted Pony Energy(PONY-T) 

October 7, 2016

(Market Call Minute.) A good way to play a stronger natural gas price in the upcoming winter, $9-$10.

oil/gas
0 0 0 0 0
0 comments

(Market Call Minute.) A good way to play a stronger natural gas price in the upcoming winter, $9-$10.

oil/gas
0 0 0 0 0
0 comments
Eric Nuttall

Partner & , Ninepoint Partners...

Price Price
$8.260
Owned Owned
Yes

BUY
Painted Pony Energy(PONY-T) 

September 29, 2016

He was involved many years ago.  He met with manage recently.  They are more of a land grab. He likes the management team, but prefers other names.  He likes the story and thinks you will do well by it.

oil/gas
0 0 0 0 0
0 comments

He was involved many years ago.  He met with manage recently.  They are more of a land grab. He likes the management team, but prefers other names.  He likes the story and thinks you will do well by it.

oil/gas
0 0 0 0 0
0 comments
Peter Imhof

Vice Presi, AGF Investments Inc...

Price Price
$8.170
Owned Owned
No

TOP PICK
Painted Pony Energy(PONY-T) 

September 19, 2016

He is bullish on Nat Gas.  Management is proven.  4th largest reserve of all publically traded companies.  You had the first draw down in Nat Gas since 2006 last month.  You just need a normal winter.

oil/gas
0 0 0 0 0
0 comments

He is bullish on Nat Gas.  Management is proven.  4th largest reserve of all publically traded companies.  You had the first draw down in Nat Gas since 2006 last month.  You just need a normal winter.

oil/gas
0 0 0 0 0
0 comments
Teal Linde

Portfolio , Linde Equity Report...

Price Price
$7.740
Owned Owned
Yes

SELL
Painted Pony Energy(PONY-T) 

August 30, 2016

Really doesn’t see any strong catalyst short of a sale for this name. It is hard to see how it is going to continue to go up in a sideways oil tape. It has had an okay run of late, and you could certainly lighten up. There is nothing fundamentally wrong with it, but doesn’t see any reason why you should be there.

oil/gas
0 0 0 0 0
0 comments

Really doesn’t see any strong catalyst short of a sale for this name. It is hard to see how it is going to continue to go up in a sideways oil tape. It has had an okay run of late, and you could certainly lighten up. There is nothing fundamentally wrong with it, but doesn’t see any reason why you should be there.

oil/gas
0 0 0 0 0
0 comments
John Stephenson

President , Stephenson & Company...

Price Price
$8.490
Owned Owned
Unknown

BUY
Painted Pony Energy(PONY-T) 

August 24, 2016

(Market Call Minute.) An extremely well-run company.

oil/gas
0 0 0 0 0
0 comments

(Market Call Minute.) An extremely well-run company.

oil/gas
0 0 0 0 0
0 comments
Michael Sprung

President, Sprung Investment Ma...

Price Price
$8.470
Owned Owned
Unknown

BUY
Painted Pony Energy(PONY-T) 

August 15, 2016

(Market Call Minute) Their production is going to go to about 40k barrels up from 16k.

oil/gas
0 0 0 0 0
0 comments

(Market Call Minute) Their production is going to go to about 40k barrels up from 16k.

oil/gas
0 0 0 0 0
0 comments
Teal Linde

Portfolio , Linde Equity Report...

Price Price
$8.200
Owned Owned
Yes

COMMENT

A natural gas producer, and one of the fastest-growing ones. They have gone from producing 5,000-10,000 barrels a day, to almost 40,000 by the end of this year. Have had huge growth and have used some leverage to achieve that, but gas prices are really, really strong this summer. The natural gas market needed that demand in order to have a storage reset, and it looks like we are getting one. Because of that, this company’s leverage metrics look a lot better, and can actually keep growing from 40,000 barrels a day onwards.

oil/gas
0 0 0 0 0
0 comments

A natural gas producer, and one of the fastest-growing ones. They have gone from producing 5,000-10,000 barrels a day, to almost 40,000 by the end of this year. Have had huge growth and have used some leverage to achieve that, but gas prices are really, really strong this summer. The natural gas market needed that demand in order to have a storage reset, and it looks like we are getting one. Because of that, this company’s leverage metrics look a lot better, and can actually keep growing from 40,000 barrels a day onwards.

oil/gas
0 0 0 0 0
0 comments
James Rife

Head of Ca, Canalyst Financial M...

Price Price
$8.330
Owned Owned
Unknown

COMMENT

Had concerns earlier this year on the logistics of incremental pipe being laid down to accommodate the growth that the company has. They have a very ambitious growth plan. This year, debt peaks out at maybe 2.8X debt to cash flow, and goes down steadily after that as incremental volumes start to be realized. Have done a fantastic job in every year of getting better and better at drilling wells in Northeast BC. A long-term Hold if you are constructive on gas.

oil/gas
0 0 0 0 0
0 comments

Had concerns earlier this year on the logistics of incremental pipe being laid down to accommodate the growth that the company has. They have a very ambitious growth plan. This year, debt peaks out at maybe 2.8X debt to cash flow, and goes down steadily after that as incremental volumes start to be realized. Have done a fantastic job in every year of getting better and better at drilling wells in Northeast BC. A long-term Hold if you are constructive on gas.

oil/gas
0 0 0 0 0
0 comments
Mason Granger

Portfolio , Sentry Investments...

Price Price
$8.940
Owned Owned
Unknown

COMMENT

One of the highest growth names you will find this year and into 2017. They are in the Northeast BC Montney fairway. This is a story of building facilities and filling them. Going to go from about 16,000 barrels of oil equivalent to 40,000 by year end, because the plant is going to be on stream. It is on time and relatively on budget. They will then look for the next phase, which ultimately could be 60,000-70,000 barrels by the end of next year. Well hedged for this year. Expects they will be self-sustaining as they get towards the 2nd half of 2017. Will probably be adding a little more to his holdings.

oil/gas
0 0 0 0 0
0 comments

One of the highest growth names you will find this year and into 2017. They are in the Northeast BC Montney fairway. This is a story of building facilities and filling them. Going to go from about 16,000 barrels of oil equivalent to 40,000 by year end, because the plant is going to be on stream. It is on time and relatively on budget. They will then look for the next phase, which ultimately could be 60,000-70,000 barrels by the end of next year. Well hedged for this year. Expects they will be self-sustaining as they get towards the 2nd half of 2017. Will probably be adding a little more to his holdings.

oil/gas
0 0 0 0 0
0 comments
Dennis da Silva

Managing D, Middlefield Capital ...

Price Price
$7.260
Owned Owned
Yes

BUY on WEAKNESS

He does not know the company.  Looking at a 5 year chart he feels oil will not go much above $50.  He would not play it from the long side.  If you like them then you are a dip buyer close to $5.

oil/gas
0 0 0 0 0
0 comments

He does not know the company.  Looking at a 5 year chart he feels oil will not go much above $50.  He would not play it from the long side.  If you like them then you are a dip buyer close to $5.

oil/gas
0 0 0 0 0
0 comments
Larry Berman CF

Chief Inve, ETF Capital Manageme...

Price Price
$6.900
Owned Owned
Unknown

BUY

It is a gas play.  His in house analyst really likes it.  It is doing well.  Most are not.  PPY-T has a large play where if gas prices come back they will do well.  It is one of the better natural gas play in Canada.

oil/gas
0 0 0 0 0
0 comments

It is a gas play.  His in house analyst really likes it.  It is doing well.  Most are not.  PPY-T has a large play where if gas prices come back they will do well.  It is one of the better natural gas play in Canada.

oil/gas
0 0 0 0 0
0 comments
Peter Imhof

Vice Presi, AGF Investments Inc...

Price Price
$5.810
Owned Owned
Unknown

BUY

(Market Call Minute) A challenged business, but if LNG takes off then they have a strong position in that.

oil/gas
0 0 0 0 0
0 comments

(Market Call Minute) A challenged business, but if LNG takes off then they have a strong position in that.

oil/gas
0 0 0 0 0
0 comments
Colin Stewart

CEO & Port, JC Clark Investments...

Price Price
$4.440
Owned Owned
Yes

DON'T BUY

The entire group is weak because of downward revisions in Nat Gas price predictions.  Demand has not grown.  Industry has not kept up with pipelines.  Producers have a constraint from this.  They are hedged at 61% for the remainder of the year. 

oil/gas
0 0 0 0 0
0 comments

The entire group is weak because of downward revisions in Nat Gas price predictions.  Demand has not grown.  Industry has not kept up with pipelines.  Producers have a constraint from this.  They are hedged at 61% for the remainder of the year. 

oil/gas
0 0 0 0 0
0 comments
Eric Nuttall

Partner & , Ninepoint Partners...

Price Price
$4.200
Owned Owned
No

COMMENT

(Market Call Minute.) A natural gas developer and producer. Stock is cheap on a Price to Book value. They are not going to be cash flowing a whole lot at these prices. However, price momentum is starting to turn in the whole sector. They are cheap enough on a BV basis and might be one to take a look at.

oil/gas
0 0 0 0 0
0 comments

(Market Call Minute.) A natural gas developer and producer. Stock is cheap on a Price to Book value. They are not going to be cash flowing a whole lot at these prices. However, price momentum is starting to turn in the whole sector. They are cheap enough on a BV basis and might be one to take a look at.

oil/gas
0 0 0 0 0
0 comments
Jason Mann

CIO & Co-F, Edgehill Patners...

Price Price
$4.230
Owned Owned
Unknown

TOP PICK

They have the 4th largest Nat gas reserves of publicly traded companies.  It is a junior company with a senior asset.  They can increase production from 16k to 40k units.  Natural gas might have a run this winter.

oil/gas
0 0 0 0 0
0 comments

They have the 4th largest Nat gas reserves of publicly traded companies.  It is a junior company with a senior asset.  They can increase production from 16k to 40k units.  Natural gas might have a run this winter.

oil/gas
0 0 0 0 0
0 comments
Teal Linde

Portfolio , Linde Equity Report...

Price Price
$4.620
Owned Owned
Yes

COMMENT
Painted Pony Energy(PONY-T) 

February 5, 2016

Chart shows a long downward run from June, leveling off in December. It is now going up, but you are going to have to have tight Stops on it in order to control your risks.

oil/gas
0 0 0 0 0
0 comments

Chart shows a long downward run from June, leveling off in December. It is now going up, but you are going to have to have tight Stops on it in order to control your risks.

oil/gas
0 0 0 0 0
0 comments
Hap (Robert) Sn

Chief Port, Castlemoore Inc....

Price Price
$4.290
Owned Owned
Unknown

COMMENT
Painted Pony Energy(PONY-T) 

December 31, 2015

Up until the end of 2016, they sell a lot of their natural gas through an area called Station 2. This is a hub where there has been a huge increase in gas production, so there are times when Station 2 was below $1. That has recovered somewhat, but is still weak. Fortunately they have 43% hedged next year at $3. Has a deal with Altagas (ALA-T), where Altagas now owns 75%. They are helping to fund the plant that will increase take away capacity. In his mind this could be a $4-$5 stock next year. Not a long-term trade in his mind.

oil/gas
0 0 0 0 0
0 comments

Up until the end of 2016, they sell a lot of their natural gas through an area called Station 2. This is a hub where there has been a huge increase in gas production, so there are times when Station 2 was below $1. That has recovered somewhat, but is still weak. Fortunately they have 43% hedged next year at $3. Has a deal with Altagas (ALA-T), where Altagas now owns 75%. They are helping to fund the plant that will increase take away capacity. In his mind this could be a $4-$5 stock next year. Not a long-term trade in his mind.

oil/gas
0 0 0 0 0
0 comments
Eric Nuttall

Partner & , Ninepoint Partners...

Price Price
$3.480
Owned Owned
Yes

PAST TOP PICK
Painted Pony Energy(PONY-T) 

December 14, 2015

(Top Pick Dec 11/14, Down 66.91%) The 7th largest natural gas reserves.  They just aren’t making the list.  They will increase production several fold next year.  It is just a matter of time for the production to ramp up.

oil/gas
0 0 0 0 0
0 comments

(Top Pick Dec 11/14, Down 66.91%) The 7th largest natural gas reserves.  They just aren’t making the list.  They will increase production several fold next year.  It is just a matter of time for the production to ramp up.

oil/gas
0 0 0 0 0
0 comments
Teal Linde

Portfolio , Linde Equity Report...

Price Price
$3.120
Owned Owned
Yes

DON'T BUY
Painted Pony Energy(PONY-T) 

December 7, 2015

Gas producer.  Gas has been under pressure since ’09.  They will continue to be under pressure.  Canada may miss its opportunity in LNG.  It will be a great market in 3 years.

oil/gas
0 0 0 0 0
0 comments

Gas producer.  Gas has been under pressure since ’09.  They will continue to be under pressure.  Canada may miss its opportunity in LNG.  It will be a great market in 3 years.

oil/gas
0 0 0 0 0
0 comments
Alex Ruus

Portfolio , Arrow Capital Manage...

Price Price
$3.520
Owned Owned
No

COMMENT
Painted Pony Energy(PONY-T) 

December 1, 2015

Natural gas has to go to the West Coast. Prefers Tourmaline (TOU-T) because of cost, efficiency, etc. This is a great company; it’s just that there are other companies that look slightly better.

oil/gas
0 0 0 0 0
0 comments

Natural gas has to go to the West Coast. Prefers Tourmaline (TOU-T) because of cost, efficiency, etc. This is a great company; it’s just that there are other companies that look slightly better.

oil/gas
0 0 0 0 0
0 comments
Bill Harris, CF

Portfolio , Avenue Investment Ma...

Price Price
$4.470
Owned Owned
Unknown

PARTIAL BUY
Painted Pony Energy(PONY-T) 

November 13, 2015

A very well-managed company, but 90% natural gas. Their balance sheet is not too bad. Thinks they will be a survivor. He would be tempted to buy some at these levels, because it is a higher risk/reward, but wouldn’t put all his eggs in this basket.

oil/gas
0 0 0 0 0
0 comments

A very well-managed company, but 90% natural gas. Their balance sheet is not too bad. Thinks they will be a survivor. He would be tempted to buy some at these levels, because it is a higher risk/reward, but wouldn’t put all his eggs in this basket.

oil/gas
0 0 0 0 0
0 comments
Michael Sprung

President, Sprung Investment Ma...

Price Price
$4.300
Owned Owned
No

COMMENT
Painted Pony Energy(PONY-T) 

November 11, 2015

Has a great sensitivity to natural gas. The operating cost structure is in good shape. There have been some excellent processing plants that have been joint ventured with Altagas (ALA-T) that allow them to get this gas on stream. There will be a big change on his valuation and perception, it we go ahead on an LNG project on the West Coast. He likes the company. Has been hit by heavy, relentless foreign selling, but has heard that the Shorts are finished and some of them are covering.

oil/gas
0 0 0 0 0
0 comments

Has a great sensitivity to natural gas. The operating cost structure is in good shape. There have been some excellent processing plants that have been joint ventured with Altagas (ALA-T) that allow them to get this gas on stream. There will be a big change on his valuation and perception, it we go ahead on an LNG project on the West Coast. He likes the company. Has been hit by heavy, relentless foreign selling, but has heard that the Shorts are finished and some of them are covering.

oil/gas
0 0 0 0 0
0 comments
Martin Davies

Portfolio , Brickburn Asset Mana...

Price Price
$4.400
Owned Owned
Unknown

DON'T BUY
Painted Pony Energy(PONY-T) 

October 27, 2015

Oil and gas is a great sector to invest in as a contrarian, if you can find the right ponies to play. Thinks this has lost money 3 years in a row. Their share count has just about doubled in the past number of years. They have a number of problems they have to deal with in terms of oil/gas prices. Thinks it has a lot of upside, but at this point in time it is premature to invest.

oil/gas
0 0 0 0 0
0 comments

Oil and gas is a great sector to invest in as a contrarian, if you can find the right ponies to play. Thinks this has lost money 3 years in a row. Their share count has just about doubled in the past number of years. They have a number of problems they have to deal with in terms of oil/gas prices. Thinks it has a lot of upside, but at this point in time it is premature to invest.

oil/gas
0 0 0 0 0
0 comments
Benj Gallander

President, Contra the Heard Inv...

Price Price
$4.780
Owned Owned
No

WATCH
Painted Pony Energy(PONY-T) 

October 9, 2015

There is a lot of short covering.  Prices of the products they are producing are going higher too.  We are at the 200 day and this is critical.  Until we can exceed this, we don’t know which way it will go.  A longer term trend line is still in effect.  If you think the US dollar is going to rise, then you want to stay away from this one because all their inputs are in US dollars.  It is not in the period of seasonal strength.  He would not pursue it here.

oil/gas
0 0 0 0 0
0 comments

There is a lot of short covering.  Prices of the products they are producing are going higher too.  We are at the 200 day and this is critical.  Until we can exceed this, we don’t know which way it will go.  A longer term trend line is still in effect.  If you think the US dollar is going to rise, then you want to stay away from this one because all their inputs are in US dollars.  It is not in the period of seasonal strength.  He would not pursue it here.

oil/gas
0 0 0 0 0
0 comments
Jon Vialoux

Research A, CastleMoore Inc....

Price Price
$6.840
Owned Owned
Unknown

STRONG BUY
Painted Pony Energy(PONY-T) 

October 7, 2015

He partially sold when it rallied some months ago.  They are delivering on their promise.  The question is what is going to happen with the LNG in BC.  One of those projects is bound to go and they are positioned to deliver Nat gas to those projects.  He very much likes the stock at today’s prices.

oil/gas
0 0 0 0 0
0 comments

He partially sold when it rallied some months ago.  They are delivering on their promise.  The question is what is going to happen with the LNG in BC.  One of those projects is bound to go and they are positioned to deliver Nat gas to those projects.  He very much likes the stock at today’s prices.

oil/gas
0 0 0 0 0
0 comments
Bill Bonner

President , Brickburn Asset Mana...

Price Price
$6.830
Owned Owned
Yes

WATCH

He likes the company.  The stock is more expensive relative to others.  Between now and 2016 you are left to the sentiment about Nat Gas and LNG.  He sees significant headwinds.  He does not know if first nations will buy into their project so it can go ahead.  He would start picking away on a 10% pull back.  Hold if you have it.

oil/gas
0 0 0 0 0
0 comments

He likes the company.  The stock is more expensive relative to others.  Between now and 2016 you are left to the sentiment about Nat Gas and LNG.  He sees significant headwinds.  He does not know if first nations will buy into their project so it can go ahead.  He would start picking away on a 10% pull back.  Hold if you have it.

oil/gas
0 0 0 0 0
0 comments
Eric Nuttall

Partner & , Ninepoint Partners...

Price Price
$7.590
Owned Owned
Unknown

TOP PICK

(A Top Pick July 16/14. Down 35.05%.) Altagas (ALA-T) made an investment in the Company, which gave them access to a gas plant that will be built in 2016. This will take their production from 16,000 BOE to 40,000 BOE in the next 18 months to 2 years. That is a huge lift. With Altagas, they don’t need the LNG play to move their gas to market. They make about a 15% return at $2.40 of MCF.

oil/gas
0 0 0 0 0
0 comments

(A Top Pick July 16/14. Down 35.05%.) Altagas (ALA-T) made an investment in the Company, which gave them access to a gas plant that will be built in 2016. This will take their production from 16,000 BOE to 40,000 BOE in the next 18 months to 2 years. That is a huge lift. With Altagas, they don’t need the LNG play to move their gas to market. They make about a 15% return at $2.40 of MCF.

oil/gas
0 0 0 0 0
0 comments
Bill Bonner

President , Brickburn Asset Mana...

Price Price
$8.210
Owned Owned
Yes

HOLD

Overall a decent company. Have some good properties, particularly in northeast British Columbia. At some point it is potentially a takeover target, but at this point it is truly a Hold. He doesn’t see any obvious catalysts for this name in the short run.

oil/gas
0 0 0 0 0
0 comments

Overall a decent company. Have some good properties, particularly in northeast British Columbia. At some point it is potentially a takeover target, but at this point it is truly a Hold. He doesn’t see any obvious catalysts for this name in the short run.

oil/gas
0 0 0 0 0
0 comments
John Stephenson

President , Stephenson & Company...

Price Price
$8.370
Owned Owned
Unknown

COMMENT

This will eventually be taken over when someone actually builds an LNG project, which might be 7 years from now. If you have a five-year horizon, you will probably make money, but in the meantime, you are just going to go sideways until there is a movement in energy. Be prepared to hold it for 6-8 months and you might get a nice rally. Not a bad entry point.

oil/gas
0 0 0 0 0
0 comments

This will eventually be taken over when someone actually builds an LNG project, which might be 7 years from now. If you have a five-year horizon, you will probably make money, but in the meantime, you are just going to go sideways until there is a movement in energy. Be prepared to hold it for 6-8 months and you might get a nice rally. Not a bad entry point.

oil/gas
0 0 0 0 0
0 comments
Robert Lauzon

Deputy Chi, Middlefield Capital ...

Price Price
$6.510
Owned Owned
Unknown

SELL

We have these lows from 2011 to 2014 and the peaks, but it ends in a catastrophic drop and that says there is something going wrong in this company.  Don’t bottom fish.

oil/gas
0 0 0 0 0
0 comments

We have these lows from 2011 to 2014 and the peaks, but it ends in a catastrophic drop and that says there is something going wrong in this company.  Don’t bottom fish.

oil/gas
0 0 0 0 0
0 comments
Bill Carrigan

Technical , Getting Technical In...

Price Price
$6.190
Owned Owned
Unknown

COMMENT

Very well-run with very modest financial leverage. They are Northeast BC Montney gas with access to pipelines. The well performance they have exhibited in the last couple of years has gotten better and better. He would put this on a short list of gas companies to own if you are going to be constructive on gas, which he is not.

oil/gas
0 0 0 0 0
0 comments

Very well-run with very modest financial leverage. They are Northeast BC Montney gas with access to pipelines. The well performance they have exhibited in the last couple of years has gotten better and better. He would put this on a short list of gas companies to own if you are going to be constructive on gas, which he is not.

oil/gas
0 0 0 0 0
0 comments
Mason Granger

Portfolio , Sentry Investments...

Price Price
$6.190
Owned Owned
Unknown

COMMENT

They are highly dependent on Nat. gas prices.  They just went ahead and financed so they can affect their growth and reduced their CapX until there is a turnaround in Nat. gas prices.  They have good partners to fulfill the infrastructure they need.

oil/gas
0 0 0 0 0
0 comments

They are highly dependent on Nat. gas prices.  They just went ahead and financed so they can affect their growth and reduced their CapX until there is a turnaround in Nat. gas prices.  They have good partners to fulfill the infrastructure they need.

oil/gas
0 0 0 0 0
0 comments
Martin Davies

Portfolio , Brickburn Asset Mana...

Price Price
$5.930
Owned Owned
Unknown

DON'T BUY

It has been bouncing along its book value.  It is here for the third time in the last year.  It is cheap and may bounce.  Up until this time there were earnings and market value but that has disappeared.  The driver for this company is not there anymore.  If this price level does not hold then get out.

oil/gas
0 0 0 0 0
0 comments

It has been bouncing along its book value.  It is here for the third time in the last year.  It is cheap and may bounce.  Up until this time there were earnings and market value but that has disappeared.  The driver for this company is not there anymore.  If this price level does not hold then get out.

oil/gas
0 0 0 0 0
0 comments
Ross Healy

Chairman, Strategic Analysis C...

Price Price
$6.660
Owned Owned
Unknown

PAST TOP PICK
Painted Pony Energy(PONY-T) 

January 7, 2015

(A Top Pick Feb 12/14. Up 17.36%) Have an excellent asset base in the Montney, right in the middle of everything. If a bigger enterprise wants to come in and get a big asset base, this company is probably a great selection. Their results are spectacular. Getting way better results on their drilling activity than they had even budgeted. Have a monster land base. Still likes the stock.

oil/gas
0 0 0 0 0
0 comments

(A Top Pick Feb 12/14. Up 17.36%) Have an excellent asset base in the Montney, right in the middle of everything. If a bigger enterprise wants to come in and get a big asset base, this company is probably a great selection. Their results are spectacular. Getting way better results on their drilling activity than they had even budgeted. Have a monster land base. Still likes the stock.

oil/gas
0 0 0 0 0
0 comments
Bill Bonner

President , Brickburn Asset Mana...

Price Price
$8.300
Owned Owned
Yes

HOLD
Painted Pony Energy(PONY-T) 

January 6, 2015

It shows lows at around $6 and he doesn’t think they are going to be violated. He wouldn’t add to this, but would continue to Hold.

oil/gas
0 0 0 0 0
0 comments

It shows lows at around $6 and he doesn’t think they are going to be violated. He wouldn’t add to this, but would continue to Hold.

oil/gas
0 0 0 0 0
0 comments
Bill Carrigan

Technical , Getting Technical In...

Price Price
$8.490
Owned Owned
Unknown

COMMENT
Painted Pony Energy(PONY-T) 

January 6, 2015

Mostly natural gas. The upside will be coming from leverage to natural gas exports. This has been long rumoured to be a take over candidate for anybody who needs gas supply in Northeast BC, which is entirely possible. Well-managed. Has a really good asset base, but because of that it is trading at pretty high multiples. Whether you buy this or not depends on your outlook for Canadian natural gas.

oil/gas
0 0 0 0 0
0 comments

Mostly natural gas. The upside will be coming from leverage to natural gas exports. This has been long rumoured to be a take over candidate for anybody who needs gas supply in Northeast BC, which is entirely possible. Well-managed. Has a really good asset base, but because of that it is trading at pretty high multiples. Whether you buy this or not depends on your outlook for Canadian natural gas.

oil/gas
0 0 0 0 0
0 comments
Jim Huang

President, T.I.P. Wealth Manage...

Price Price
$8.490
Owned Owned
No

PAST TOP PICK
Painted Pony Energy(PONY-T) 

December 22, 2014

(A Top Pick Dec 27/13. Up 45.81%.) Thought this was the best pure play. Very levered in the future to LNG, which at the time he thought was going to gain some steam, but he is not so sure about that, so exited the position. Prefers others now.

oil/gas
0 0 0 0 0
0 comments

(A Top Pick Dec 27/13. Up 45.81%.) Thought this was the best pure play. Very levered in the future to LNG, which at the time he thought was going to gain some steam, but he is not so sure about that, so exited the position. Prefers others now.

oil/gas
0 0 0 0 0
0 comments
James Hodgins

Chief Inve, Curvature Hedge Stra...

Price Price
$9.580
Owned Owned
No

WEAK BUY
Painted Pony Energy(PONY-T) 

December 15, 2014

Probably a very aggressive play.  A great balance sheet.  They increased production.  Great management.  You really need to know that this is a very aggressive play and perhaps you should be more defensive in this area.  As long as you are aware it is very aggressive.

oil/gas
0 0 0 0 0
0 comments

Probably a very aggressive play.  A great balance sheet.  They increased production.  Great management.  You really need to know that this is a very aggressive play and perhaps you should be more defensive in this area.  As long as you are aware it is very aggressive.

oil/gas
0 0 0 0 0
0 comments
Michael Bowman

Portfolio , Wickham Investment M...

Price Price
$9.930
Owned Owned
No

TOP PICK
Painted Pony Energy(PONY-T) 

December 11, 2014

Fastest growing rate of growth in the sector.  They are 90% natural gas.  Zero debt.  There is a bit of a takeover premium because of the selloff. 

oil/gas
0 0 0 0 0
0 comments

Fastest growing rate of growth in the sector.  They are 90% natural gas.  Zero debt.  There is a bit of a takeover premium because of the selloff. 

oil/gas
0 0 0 0 0
0 comments
Teal Linde

Portfolio , Linde Equity Report...

Price Price
$9.550
Owned Owned
Yes

COMMENT
Painted Pony Energy(PONY-T) 

December 10, 2014

One of many he has on his radar list of those he thinks would be attractive. Wants to see things settle out in the energy sector. From a natural gas standpoint, this is one of the names he would be looking at to add to. Have continued to increase production with fairly good production costs. With the real estate they own, there is a lot of area for them to drill and increase production. Any take out would probably happen on an LNG announcement.

oil/gas
0 0 0 0 0
0 comments

One of many he has on his radar list of those he thinks would be attractive. Wants to see things settle out in the energy sector. From a natural gas standpoint, this is one of the names he would be looking at to add to. Have continued to increase production with fairly good production costs. With the real estate they own, there is a lot of area for them to drill and increase production. Any take out would probably happen on an LNG announcement.

oil/gas
0 0 0 0 0
0 comments
Bruce Campbell

President , Stone Castle Investm...

Price Price
$9.120
Owned Owned
No

COMMENT
Painted Pony Energy(PONY-T) 

September 23, 2014

(Market Call Minute.) Positioned in the Montne play and should do well.

oil/gas
0 0 0 0 0
0 comments

(Market Call Minute.) Positioned in the Montne play and should do well.

oil/gas
0 0 0 0 0
0 comments
Rick Stuchberry

Portfolio , Wellington-Altus Pri...

Price Price
$11.300
Owned Owned
No

COMMENT
Painted Pony Energy(PONY-T) 

September 16, 2014

They have amassed a significant resource in North-Eastern BC, which is right in the fairway where all the pipelines go. It can go north, south, west and east. They have enormous reserves. Getting those reserves out of the ground is going to require that an LNG facility is going to be built. They have signed an agreement with AltaGas (ALA-T) to do some processing. He doesn’t know if investors are going to have much patience waiting for an LNG facility to get built. This won’t happen until at least 2020. A much more sensible place to build an LNG facility is not in BC, but in Oregon which has a better port facility.

oil/gas
0 0 0 0 0
0 comments

They have amassed a significant resource in North-Eastern BC, which is right in the fairway where all the pipelines go. It can go north, south, west and east. They have enormous reserves. Getting those reserves out of the ground is going to require that an LNG facility is going to be built. They have signed an agreement with AltaGas (ALA-T) to do some processing. He doesn’t know if investors are going to have much patience waiting for an LNG facility to get built. This won’t happen until at least 2020. A much more sensible place to build an LNG facility is not in BC, but in Oregon which has a better port facility.

oil/gas
0 0 0 0 0
0 comments
John O'Connell,

Chairman a, Davis Rea...

Price Price
$13.300
Owned Owned
Unknown

HOLD
Painted Pony Energy(PONY-T) 

August 25, 2014

Entered into an arrangement with Alta Gas.  Alta Gas is building a facility that will ramp up PPY-T’s production like mad, but they are going to charge a toll and he does not know what that is.  This arrangement frees up $300 Million of Cap-X that PPY-T would have had to spend.  Through new fracking, they are increasing productivity by 50% with no incremental cost.  You are paying a premium multiple so he would prefer other names unless you are willing to look out 3 years.

oil/gas
0 0 0 0 0
0 comments

Entered into an arrangement with Alta Gas.  Alta Gas is building a facility that will ramp up PPY-T’s production like mad, but they are going to charge a toll and he does not know what that is.  This arrangement frees up $300 Million of Cap-X that PPY-T would have had to spend.  Through new fracking, they are increasing productivity by 50% with no incremental cost.  You are paying a premium multiple so he would prefer other names unless you are willing to look out 3 years.

oil/gas
0 0 0 0 0
0 comments
Eric Nuttall

Partner & , Ninepoint Partners...

Price Price
$14.200
Owned Owned
No

COMMENT

(Market Call Minute.) Trading at a premium multiple. They divested their oil assets to step on the accelerator in their Montney results, which are getting better and better. Prefers others.

oil/gas
0 0 0 0 0
0 comments

(Market Call Minute.) Trading at a premium multiple. They divested their oil assets to step on the accelerator in their Montney results, which are getting better and better. Prefers others.

oil/gas
0 0 0 0 0
0 comments
Eric Nuttall

Partner & , Ninepoint Partners...

Price Price
$11.870
Owned Owned
No

TOP PICK

Feels there is still a ton more upside. Recently sold the genesis of the company, oily assets in Saskatchewan, to focus on the Montney play in Northeast BC. Montney offers some of the best economics in the Western Canadian basin, and this company has a significant land base there to take advantage of it. Originally budgeted about 20-21 wells this year, and they are going to be able to double that with the sale of the Saskatchewan assets. They are in the way of the big guys. Somebody is going to want to own those assets once they develop a little further. If they choose to develop them fully by themselves, they will get the cash flows and production levels that will impress the market.

oil/gas
0 0 0 0 0
0 comments

Feels there is still a ton more upside. Recently sold the genesis of the company, oily assets in Saskatchewan, to focus on the Montney play in Northeast BC. Montney offers some of the best economics in the Western Canadian basin, and this company has a significant land base there to take advantage of it. Originally budgeted about 20-21 wells this year, and they are going to be able to double that with the sale of the Saskatchewan assets. They are in the way of the big guys. Somebody is going to want to own those assets once they develop a little further. If they choose to develop them fully by themselves, they will get the cash flows and production levels that will impress the market.

oil/gas
0 0 0 0 0
0 comments
Bill Bonner

President , Brickburn Asset Mana...

Price Price
$12.210
Owned Owned
Yes

BUY

Recently added more to her holdings. Thinks you will see the stock probably approach $20 in the next 2-3 years.

oil/gas
0 0 0 0 0
0 comments

Recently added more to her holdings. Thinks you will see the stock probably approach $20 in the next 2-3 years.

oil/gas
0 0 0 0 0
0 comments
Joanne A. Hrusk

Market Str, Integral Wealth Secu...

Price Price
$12.210
Owned Owned
Yes

DON'T BUY

(Market Call Minute) Prefers other gas names, although they did a good job of improving well results but given the premium they trade at he would avoid it.

oil/gas
0 0 0 0 0
0 comments

(Market Call Minute) Prefers other gas names, although they did a good job of improving well results but given the premium they trade at he would avoid it.

oil/gas
0 0 0 0 0
0 comments
Eric Nuttall

Partner & , Ninepoint Partners...

Price Price
$12.470
Owned Owned
Unknown

COMMENT

Admired the progress they have made over the past few years. Expanded their production considerably. Seem to be very efficient operators and very, very good buyers of assets. He is constantly looking at this and it is one that he could certainly be buying in the near future. Could be a takeout candidate.

oil/gas
0 0 0 0 0
0 comments

Admired the progress they have made over the past few years. Expanded their production considerably. Seem to be very efficient operators and very, very good buyers of assets. He is constantly looking at this and it is one that he could certainly be buying in the near future. Could be a takeout candidate.

oil/gas
0 0 0 0 0
0 comments
Michael Sprung

President, Sprung Investment Ma...

Price Price
$10.270
Owned Owned
No

DON'T BUY

Not a balanced production profile.  You would be owning it for a contiguous block of Montney with pipeline access.  Ultimately if LNG gets up and running this will be a very coveted asset.

oil/gas
0 0 0 0 0
0 comments

Not a balanced production profile.  You would be owning it for a contiguous block of Montney with pipeline access.  Ultimately if LNG gets up and running this will be a very coveted asset.

oil/gas
0 0 0 0 0
0 comments
Mason Granger

Portfolio , Sentry Investments...

Price Price
$12.000
Owned Owned
No

HOLD

Had a huge run off the lows.  They might sell an asset to fund a build out.  Sees strength continuing for Nat Gas price.

oil/gas
0 0 0 0 0
0 comments

Had a huge run off the lows.  They might sell an asset to fund a build out.  Sees strength continuing for Nat Gas price.

oil/gas
0 0 0 0 0
0 comments
Eric Nuttall

Partner & , Ninepoint Partners...

Price Price
$11.400
Owned Owned
No

BUY

LNG basket.  If and when LNG projects start rolling, getting through the barriers, you will find these companies will make sure there is enough production to fill these facilities.  You have to have a portfolio approach. 

oil/gas
0 0 0 0 0
0 comments

LNG basket.  If and when LNG projects start rolling, getting through the barriers, you will find these companies will make sure there is enough production to fill these facilities.  You have to have a portfolio approach. 

oil/gas
0 0 0 0 0
0 comments
Martin Davies

Portfolio , Brickburn Asset Mana...

Price Price
$11.370
Owned Owned
Yes

DON'T BUY

Well liked by the Street, but the correlation between the price performance and the streets love affair has not been that good. He would be concerned about it. Feels the stock is overliked and probably overowned. Natural gas has made a big run, but this one has not kept up with its peers. Doesn’t see any upside and there are probably better places to be.

oil/gas
0 0 0 0 0
0 comments

Well liked by the Street, but the correlation between the price performance and the streets love affair has not been that good. He would be concerned about it. Feels the stock is overliked and probably overowned. Natural gas has made a big run, but this one has not kept up with its peers. Doesn’t see any upside and there are probably better places to be.

oil/gas
0 0 0 0 0
0 comments
Bill Carrigan

Technical , Getting Technical In...

Price Price
$8.210
Owned Owned
Unknown

COMMENT

Delphi Energy (DEE-T) or Painted Pony (PPY-T)? Doesn’t own either. In terms of natural gas names, he is looking at them potentially having weakness so he wants greater liquidity, meaning larger market as opposed to small caps. Both of these are very good companies. On this one, the key difference is the liquids content of the wells, the amount of condensate and fluids that come along with production making better economics.

oil/gas
0 0 0 0 0
0 comments

Delphi Energy (DEE-T) or Painted Pony (PPY-T)? Doesn’t own either. In terms of natural gas names, he is looking at them potentially having weakness so he wants greater liquidity, meaning larger market as opposed to small caps. Both of these are very good companies. On this one, the key difference is the liquids content of the wells, the amount of condensate and fluids that come along with production making better economics.

oil/gas
0 0 0 0 0
0 comments
Eric Nuttall

Partner & , Ninepoint Partners...

Price Price
$8.230
Owned Owned
No

BUY
Painted Pony Energy(PONY-T) 

February 20, 2014

1000 barrels a day of cash flow.  They have a lot of property right over a pipeline so are an obvious takeout target.  He would put it in the top 3 or 4 names that are likely to go.

oil/gas
0 0 0 0 0
0 comments

1000 barrels a day of cash flow.  They have a lot of property right over a pipeline so are an obvious takeout target.  He would put it in the top 3 or 4 names that are likely to go.

oil/gas
0 0 0 0 0
0 comments
Mason Granger

Portfolio , Sentry Investments...

Price Price
$8.150
Owned Owned
No

TOP PICK
Painted Pony Energy(PONY-T) 

February 12, 2014

Had some great operating success, but fell from grace because it wasn’t a target. Operations within the company have only gotten better. 48 wells in the Montne oil play. Their acreage is in an interesting spot, the royalty reduced free zone. They get a bigger credit for drilling deep wells than they would further to the south. The inventory on their own land is somewhere in the order of 1800 wells possible. He sees a $14-$15 price with a little bit of further LNG development.

oil/gas
0 0 0 0 0
0 comments

Had some great operating success, but fell from grace because it wasn’t a target. Operations within the company have only gotten better. 48 wells in the Montne oil play. Their acreage is in an interesting spot, the royalty reduced free zone. They get a bigger credit for drilling deep wells than they would further to the south. The inventory on their own land is somewhere in the order of 1800 wells possible. He sees a $14-$15 price with a little bit of further LNG development.

oil/gas
0 0 0 0 0
0 comments
Bill Bonner

President , Brickburn Asset Mana...

Price Price
$7.490
Owned Owned
Yes

BUY
Painted Pony Energy(PONY-T) 

February 4, 2014

Really liked this company last year. Well managed company with lots of gas exposure. For some reason, late last year, it started to drop like a rock and then reversed and went back up again. Balance sheet is great, growth rate looks good and management is good. He would put this one in the top 5 of names to own in this sector.

oil/gas
0 0 0 0 0
0 comments

Really liked this company last year. Well managed company with lots of gas exposure. For some reason, late last year, it started to drop like a rock and then reversed and went back up again. Balance sheet is great, growth rate looks good and management is good. He would put this one in the top 5 of names to own in this sector.

oil/gas
0 0 0 0 0
0 comments
Peter Hodson

CEO & Head, 5i Research Inc....

Price Price
$7.490
Owned Owned
No

BUY
Painted Pony Energy(PONY-T) 

January 30, 2014

(Market Call Minute) Great company and exposure to LNG.

oil/gas
0 0 0 0 0
0 comments

(Market Call Minute) Great company and exposure to LNG.

oil/gas
0 0 0 0 0
0 comments
Dennis da Silva

Managing D, Middlefield Capital ...

Price Price
$7.390
Owned Owned
Yes

COMMENT
Painted Pony Energy(PONY-T) 

January 13, 2014

(Market Call Minute.) Doesn’t own only because prospects for natural gas as well as M&A in Northeast BC isn’t as likely as he had thought.

oil/gas
0 0 0 0 0
0 comments

(Market Call Minute.) Doesn’t own only because prospects for natural gas as well as M&A in Northeast BC isn’t as likely as he had thought.

oil/gas
0 0 0 0 0
0 comments
Eric Nuttall

Partner & , Ninepoint Partners...

Price Price
$6.920
Owned Owned
No

COMMENT
Painted Pony Energy(PONY-T) 

January 8, 2014

Primarily into natural gas/natural gas liquids in the Montney zone. Have a lot of extra reserves that they found and are having difficulty in getting these moved into the marketplace. Have about 3000 barrels a day trapped waiting to find facilities to process natural gas. Good exposure to natural gas prices. He would prefer other places for natural gas exposure.