Trinidad Drilling Ltd

TDG-T

TSE:TDG

1.68
0.01 (0.30%)
Trinidad Drilling Ltd. is a corporation headquartered in Calgary, Alberta, Canada that operates in the drilling and well servicing sectors of the North American oil and gas industry. The company converted to an income trust in 2002 and did business under the name Trinidad Energy Services Income Trust.
More at Wikipedia

Analysis and Opinions about TDG-T

Signal
Opinion
Expert
COMMENT
COMMENT
April 28, 2015

With respect to oil service companies, drillers, etc. it is a question of when do you want to step in. It depends on the time horizon that you are looking at for your investment. This is a well-run company and will be a survivor in the current environment, but you may be sitting on a stock that doesn’t do much for a year or 2. Not a bad place to have this in your portfolio as a longer-term investment.

Show full opinionHide full opinion

With respect to oil service companies, drillers, etc. it is a question of when do you want to step in. It depends on the time horizon that you are looking at for your investment. This is a well-run company and will be a survivor in the current environment, but you may be sitting on a stock that doesn’t do much for a year or 2. Not a bad place to have this in your portfolio as a longer-term investment.

DON'T BUY
DON'T BUY
April 9, 2015

(Market Call Minute) Does not want to own oil right now.

Show full opinionHide full opinion

(Market Call Minute) Does not want to own oil right now.

TOP PICK
TOP PICK
April 6, 2015

The service sector does better as you come off a bottom and the best of those are the land drillers. Has gone from $12 down to $3 and now up to $4.50. 4.4% dividend. These stocks do well several months ahead of the sector in general.

Show full opinionHide full opinion

The service sector does better as you come off a bottom and the best of those are the land drillers. Has gone from $12 down to $3 and now up to $4.50. 4.4% dividend. These stocks do well several months ahead of the sector in general.

WATCH
WATCH
March 25, 2015

It is a drilling service company with high beta. As capital spending in the oil patch gets cut these will be the first guys to get hurt. Wait for them to come up off the bottom and then miss the first 10 or 20% and then they will go.

Show full opinionHide full opinion

It is a drilling service company with high beta. As capital spending in the oil patch gets cut these will be the first guys to get hurt. Wait for them to come up off the bottom and then miss the first 10 or 20% and then they will go.

COMMENT
COMMENT
March 11, 2015

As far as energy service companies go, this would rank fairly high. This company has a lot of equipment and a lot of it is a lot newer, so it will recover when energy prices recover. He expects there will be some M&A in that sector.

Show full opinionHide full opinion

As far as energy service companies go, this would rank fairly high. This company has a lot of equipment and a lot of it is a lot newer, so it will recover when energy prices recover. He expects there will be some M&A in that sector.

DON'T BUY
DON'T BUY
March 10, 2015

One of the biggest risks in investing is getting caught looking backwards. From 2000 into 2012, commodities and energy were big beneficiaries of what was going on. They are now in a space where it is going to be more difficult. There is a real risk that this rally is going to fail and oil could go back to $40 or below. Drillers are the most at risk.

Show full opinionHide full opinion

One of the biggest risks in investing is getting caught looking backwards. From 2000 into 2012, commodities and energy were big beneficiaries of what was going on. They are now in a space where it is going to be more difficult. There is a real risk that this rally is going to fail and oil could go back to $40 or below. Drillers are the most at risk.

DON'T BUY
DON'T BUY
February 11, 2015

He is negative on the drillers overall. Of the drillers, this is one of the better ones, so if you want to or need to be in drillers, this is fine. Drillers are a higher beta or more sensitive market overall. Given that he thinks there is going to be a pullback in crude, you really don’t need to be here.

Show full opinionHide full opinion

He is negative on the drillers overall. Of the drillers, this is one of the better ones, so if you want to or need to be in drillers, this is fine. Drillers are a higher beta or more sensitive market overall. Given that he thinks there is going to be a pullback in crude, you really don’t need to be here.

COMMENT
COMMENT
December 19, 2014

Likes the management, the story and the joint venture there running with Halliburton. The problem is, all the oil companies are cutting back on their CapX for the next couple of years, and the most impacted by that are the drilling companies.

Show full opinionHide full opinion

Likes the management, the story and the joint venture there running with Halliburton. The problem is, all the oil companies are cutting back on their CapX for the next couple of years, and the most impacted by that are the drilling companies.

DON'T BUY
DON'T BUY
December 3, 2014

Going from memory, he believes this is under his EBV -3 and that there are write-offs coming. Any stock that is under this level, there are going to be massive write-offs coming. You want to see those write-offs, see the results, and then see how the stock trades after that.

Show full opinionHide full opinion

Going from memory, he believes this is under his EBV -3 and that there are write-offs coming. Any stock that is under this level, there are going to be massive write-offs coming. You want to see those write-offs, see the results, and then see how the stock trades after that.

DON'T BUY
DON'T BUY
December 1, 2014

When you announce a buy back, you may not actually buy them back. One could argue that they do not have the financial flexibility to buy back 10%. In the face of reduced rig counts, these stocks have further to fall. They have the highest beta in a falling market.

Show full opinionHide full opinion

When you announce a buy back, you may not actually buy them back. One could argue that they do not have the financial flexibility to buy back 10%. In the face of reduced rig counts, these stocks have further to fall. They have the highest beta in a falling market.

BUY
BUY
November 25, 2014

Of the drilling companies, he feels this is one of the better ones. Has a newer fleet and has some geographic diversity. Overall he thinks it is a fine name, but drilling is considerably lower. This is a seasonal trade, so buy it and sell it a little bit later.

Show full opinionHide full opinion

Of the drilling companies, he feels this is one of the better ones. Has a newer fleet and has some geographic diversity. Overall he thinks it is a fine name, but drilling is considerably lower. This is a seasonal trade, so buy it and sell it a little bit later.

DON'T BUY
DON'T BUY
November 25, 2014

Just announced they are going to buy 10% of their float. This is a speculation, and trying to pick bottoms is very difficult. Drillers and equipment companies are about the most cyclical in the energy value chain. There are lots of companies that have the financial data going in their favour, because they are acting as they should in a bull market. You are probably better off focusing in those groups.

Show full opinionHide full opinion

Just announced they are going to buy 10% of their float. This is a speculation, and trying to pick bottoms is very difficult. Drillers and equipment companies are about the most cyclical in the energy value chain. There are lots of companies that have the financial data going in their favour, because they are acting as they should in a bull market. You are probably better off focusing in those groups.

COMMENT
COMMENT
November 21, 2014

The energy sector has been pummelled. He had lightened up in general during the summer, but wishes he had sold it all. Still likes this company. They have great prospects. The risk right now is the company’s customers. Their cash flows are going to be coming down, so they will be spending less. The 50% drop in the stock has reflected a lot of that and it is going to be better value. Have a great joint venture with Halliburton. Thinks there are sector risks right now and he is underweight in energy.

Show full opinionHide full opinion

The energy sector has been pummelled. He had lightened up in general during the summer, but wishes he had sold it all. Still likes this company. They have great prospects. The risk right now is the company’s customers. Their cash flows are going to be coming down, so they will be spending less. The 50% drop in the stock has reflected a lot of that and it is going to be better value. Have a great joint venture with Halliburton. Thinks there are sector risks right now and he is underweight in energy.

COMMENT
COMMENT
November 19, 2014

There is a good chance that you could see further consolidation in the industry. Doesn't quite know what ramifications the Baker Hughes deal is going to have in the Canadian space. He is reasonably optimistic about the price of oil, but does think we are going to go through a period here where service companies continue to underperform. The first responses will be in the actual exploration and production companies. Thinks there will be more bad news. There are more reductions in drilling coming. This is early. You could probably own it, but you might find better returns somewhere else.

Show full opinionHide full opinion

There is a good chance that you could see further consolidation in the industry. Doesn't quite know what ramifications the Baker Hughes deal is going to have in the Canadian space. He is reasonably optimistic about the price of oil, but does think we are going to go through a period here where service companies continue to underperform. The first responses will be in the actual exploration and production companies. Thinks there will be more bad news. There are more reductions in drilling coming. This is early. You could probably own it, but you might find better returns somewhere else.

PARTIAL BUY
PARTIAL BUY
November 10, 2014

You have to look at 5 or 10 years of data. Other than the crisis, when oil has come down to $80 the stock has settled out just above $5 so that is where it could settle out this time. It is pretty attractive right here. He would have a half position and then add more if it goes longer. Longer term it is pretty attractive.

Show full opinionHide full opinion

You have to look at 5 or 10 years of data. Other than the crisis, when oil has come down to $80 the stock has settled out just above $5 so that is where it could settle out this time. It is pretty attractive right here. He would have a half position and then add more if it goes longer. Longer term it is pretty attractive.

Showing 46 to 60 of 139 entries