Coastal Energy

CEN-T

0.00
0.00 (0.00%)
This company is not ACTIVE.

Analysis and Opinions about CEN-T

Signal
Opinion
Expert
COMMENT
COMMENT
October 31, 2013

Has been going through 2 bizarre attempted takeovers and is rejecting them. Have very important rich offshore assets in the area of Thailand.

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Coastal Energy (CEN-T)
October 31, 2013

Has been going through 2 bizarre attempted takeovers and is rejecting them. Have very important rich offshore assets in the area of Thailand.

HOLD
HOLD
October 8, 2013

Thailand-based producer of onshore and offshore oil. Producing about 20,000-25,000 barrels a day so are generating excellent cash flows because they get Brent pricing. About a year ago, a Thailand-based company was interested in them and recently there are rumours that a Hong Kong-based company is also interested. They are looking at a price of around $21 but he thinks the assets are worth $21-$25.

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Coastal Energy (CEN-T)
October 8, 2013

Thailand-based producer of onshore and offshore oil. Producing about 20,000-25,000 barrels a day so are generating excellent cash flows because they get Brent pricing. About a year ago, a Thailand-based company was interested in them and recently there are rumours that a Hong Kong-based company is also interested. They are looking at a price of around $21 but he thinks the assets are worth $21-$25.

DON'T BUY
DON'T BUY
October 2, 2013

Something about the chart bothers him. It shows an advance from early 2010 until early this year. This was followed by a lower high. He likes to see higher lows and because he doesn’t see any, this tells him that somebody is worried about something. This has to climb back above its trend line.

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Coastal Energy (CEN-T)
October 2, 2013

Something about the chart bothers him. It shows an advance from early 2010 until early this year. This was followed by a lower high. He likes to see higher lows and because he doesn’t see any, this tells him that somebody is worried about something. This has to climb back above its trend line.

TOP PICK
TOP PICK
November 23, 2012

In this environment, stocks that don’t have growth will probably be range bound. She tends to favour stocks that can show a good growth profile and this is one. Located in Thailand. Most production comes from off shore. Doubled their production from last year and are able to generate another 30%-40% of organic growth next year. Very clean balance sheet. Lots of cash and are able to generate about 10% of free cash flow. Own huge land acreage offshore Thailand. She can see a $30 handle presuming they can continue to execute.

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Coastal Energy (CEN-T)
November 23, 2012

In this environment, stocks that don’t have growth will probably be range bound. She tends to favour stocks that can show a good growth profile and this is one. Located in Thailand. Most production comes from off shore. Doubled their production from last year and are able to generate another 30%-40% of organic growth next year. Very clean balance sheet. Lots of cash and are able to generate about 10% of free cash flow. Own huge land acreage offshore Thailand. She can see a $30 handle presuming they can continue to execute.

TOP PICK
TOP PICK
September 18, 2012

This is one of his top international ideas. Generates significant free cash flow. Producing about 25,000 barrels a day from onshore and offshore assets in Thailand. It is really the offshore development that has driven the tremendous amount of growth. Considerable exploration upside from here.

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Coastal Energy (CEN-T)
September 18, 2012

This is one of his top international ideas. Generates significant free cash flow. Producing about 25,000 barrels a day from onshore and offshore assets in Thailand. It is really the offshore development that has driven the tremendous amount of growth. Considerable exploration upside from here.

PAST TOP PICK
PAST TOP PICK
August 31, 2012

(A Top Pick Sept 29/11. Up 52.81%.) This is an offshore Thailand play. Pretty much light oil. Growth has been astounding. Have a very large land base. There is still a lot of room for development as well as exploration. Expects about 50% volume growth next year. Company has a lot of cash. Still a Buy.

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Coastal Energy (CEN-T)
August 31, 2012

(A Top Pick Sept 29/11. Up 52.81%.) This is an offshore Thailand play. Pretty much light oil. Growth has been astounding. Have a very large land base. There is still a lot of room for development as well as exploration. Expects about 50% volume growth next year. Company has a lot of cash. Still a Buy.

BUY
BUY
March 29, 2012
Just announced that the Bua Ban project was a disappointment. At these levels, you still get a great cash flow generating machine. He estimates a cash yield of about 23% in 2012.
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Coastal Energy (CEN-T)
March 29, 2012
Just announced that the Bua Ban project was a disappointment. At these levels, you still get a great cash flow generating machine. He estimates a cash yield of about 23% in 2012.
TOP PICK
TOP PICK
December 6, 2011
Oil/gas producer in Thailand. The real story is their offshore Thailand oil production. Have had some significant success, which is continuing. Have the ability to double their production over the next year or so. Reasonable valuation at about 3X 2012 cash flows.
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Coastal Energy (CEN-T)
December 6, 2011
Oil/gas producer in Thailand. The real story is their offshore Thailand oil production. Have had some significant success, which is continuing. Have the ability to double their production over the next year or so. Reasonable valuation at about 3X 2012 cash flows.
COMMENT
COMMENT
November 8, 2011
Having a good turnaround where they are finding reserves and growing reserves. Have turned down takeover offers.
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Coastal Energy (CEN-T)
November 8, 2011
Having a good turnaround where they are finding reserves and growing reserves. Have turned down takeover offers.
TOP PICK
TOP PICK
September 29, 2011
Oil/gas. Their project is in Thailand with 3 offshore land leases as well as onshore. Did a discovery well in the spring with a lot of success in containing and delineating the resources. Could see them doubling their reserves as well as increasing production significantly over the next 12 months. Trades at about 3X next year's cash flow
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Coastal Energy (CEN-T)
September 29, 2011
Oil/gas. Their project is in Thailand with 3 offshore land leases as well as onshore. Did a discovery well in the spring with a lot of success in containing and delineating the resources. Could see them doubling their reserves as well as increasing production significantly over the next 12 months. Trades at about 3X next year's cash flow
COMMENT
COMMENT
February 9, 2011
Exploration track record hasn’t been very good but has been improving lately. Have vast acreage and not a lot of wells have been drilled. Their biggest shareholder just sold a big block. Very cheap on a cash flow basis.
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Coastal Energy (CEN-T)
February 9, 2011
Exploration track record hasn’t been very good but has been improving lately. Have vast acreage and not a lot of wells have been drilled. Their biggest shareholder just sold a big block. Very cheap on a cash flow basis.
HOLD
HOLD
November 24, 2009
Producing about 10,000 barrels a day. Located offshore Thailand. Have an exploration target their drilling that could be very prospective. Trading at about 3X CASH flow.
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Coastal Energy (CEN-T)
November 24, 2009
Producing about 10,000 barrels a day. Located offshore Thailand. Have an exploration target their drilling that could be very prospective. Trading at about 3X CASH flow.
PAST TOP PICK
PAST TOP PICK
May 21, 2009
(A Top Pick May 27/08. Down 40.72%.) Thailand oil production. Producing 7500 barrels a day with more water than expected, down from 10,000. Very cheap. Still likes it.
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(A Top Pick May 27/08. Down 40.72%.) Thailand oil production. Producing 7500 barrels a day with more water than expected, down from 10,000. Very cheap. Still likes it.
PAST TOP PICK
PAST TOP PICK
April 7, 2009
(A Top Pick April 29/08. Down 30%.) Has done relatively well compared to other small-cap resource stocks. Now producing about 10,000 BOE's a day. There are more projects to come and he is looking for 20,000 BOE’s a day by 2010. Extremely cheap at 5X earnings and 2.6X cash flow. He is still buying.
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(A Top Pick April 29/08. Down 30%.) Has done relatively well compared to other small-cap resource stocks. Now producing about 10,000 BOE's a day. There are more projects to come and he is looking for 20,000 BOE’s a day by 2010. Extremely cheap at 5X earnings and 2.6X cash flow. He is still buying.
PAST TOP PICK
PAST TOP PICK
February 12, 2009
(A Top Pick Jan 31/08. Down 67.3%.) Sold this one a long time ago. Small cap energy company that needed money and once the street gets a whiff of any financial concerns they leave. Will be a good company in the future and no longer have any financial issues.
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Coastal Energy (CEN-T)
February 12, 2009
(A Top Pick Jan 31/08. Down 67.3%.) Sold this one a long time ago. Small cap energy company that needed money and once the street gets a whiff of any financial concerns they leave. Will be a good company in the future and no longer have any financial issues.
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Coastal Energy(CEN-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 Coastal Energy 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.

Coastal Energy(CEN-T) Frequently Asked Questions

What is Coastal Energy stock symbol?

Coastal Energy is a OTC stock, trading under the symbol CEN-T on the (). It is usually referred to as or CEN-T

Is Coastal Energy a buy or a sell?

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

Is Coastal Energy a good investment or a top pick?

Coastal Energy was recommended as a Top Pick by Michael Smedley on 2013-10-31. Read the latest stock experts ratings for Coastal Energy.

Why is Coastal Energy 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 Coastal Energy worth watching?

0 stock analyst on Stockchase covered Coastal Energy In the last year. It is a trending stock that is worth watching.

What is Coastal Energy stock price?

On , Coastal Energy (CEN-T) stock closed at a price of $.