Eagle Energy Inc

EGL-T

Analysis and Opinions about EGL-T

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
February 5, 2015

He stayed away because they went to the states to make acquisitions. He did not know why the Americans would not already take these assets. He stays away from it.

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Eagle Energy Inc (EGL-T)
February 5, 2015

He stayed away because they went to the states to make acquisitions. He did not know why the Americans would not already take these assets. He stays away from it.

COMMENT
COMMENT
January 7, 2015

There is skepticism about their ability to pay the 19% dividend, and perhaps the prudent thing is to trim the dividend. The big change for them was their shareholder sanction to acquire some Canadian assets. Their asset base in the US is principally oil. The Dixonville acquisition was a pretty good move. It has a low decline and everything that a trust would like to own. The next step for them is to take a hard look at their balance sheet and to decide if they can hold onto that dividend.

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Eagle Energy Inc (EGL-T)
January 7, 2015

There is skepticism about their ability to pay the 19% dividend, and perhaps the prudent thing is to trim the dividend. The big change for them was their shareholder sanction to acquire some Canadian assets. Their asset base in the US is principally oil. The Dixonville acquisition was a pretty good move. It has a low decline and everything that a trust would like to own. The next step for them is to take a hard look at their balance sheet and to decide if they can hold onto that dividend.

SELL
SELL
December 15, 2014

When income trusts disappeared, this one found a loop hole where all of their assets need to be in the US. There may be better oil plays out there. 36% yield. It tells you that you probably don’t want to be in this stock.

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Eagle Energy Inc (EGL-T)
December 15, 2014

When income trusts disappeared, this one found a loop hole where all of their assets need to be in the US. There may be better oil plays out there. 36% yield. It tells you that you probably don’t want to be in this stock.

COMMENT
COMMENT
July 16, 2014

Principally an oily asset base. Had a tough go proving to the market that the dividend is sustainable. This is obviously why the yield is so high. There is a little bit of risk to the dividend. When oil prices have been incredibly robust, this is probably more secure than when oil prices were to sell off a little. There seems to be a negative tone to the cross-border trusts. Feels the dividend is 80% safe. If you like oil, probably not a bad place to be.

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Principally an oily asset base. Had a tough go proving to the market that the dividend is sustainable. This is obviously why the yield is so high. There is a little bit of risk to the dividend. When oil prices have been incredibly robust, this is probably more secure than when oil prices were to sell off a little. There seems to be a negative tone to the cross-border trusts. Feels the dividend is 80% safe. If you like oil, probably not a bad place to be.

HOLD
HOLD
February 12, 2014

A cross-border trust that was set up because they can take advantage of the SIFT rules. Their Texas assets are pretty boring, but are solid low decline. Because of their location, they avoid transportation problems. Doesn’t own this as a growth stock but as a high paying sustainable dividend model. They are going to do small acquisitions from time to time that will help. 13% dividend yield.

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Eagle Energy Inc (EGL-T)
February 12, 2014

A cross-border trust that was set up because they can take advantage of the SIFT rules. Their Texas assets are pretty boring, but are solid low decline. Because of their location, they avoid transportation problems. Doesn’t own this as a growth stock but as a high paying sustainable dividend model. They are going to do small acquisitions from time to time that will help. 13% dividend yield.

WATCH
WATCH
January 17, 2014

Biggest risk with this trust, would be the outlook for light oil in the coming year and 2015. Because of the large production out of the Bakken and Eagleford shale, we could be seeing pretty good discounts on light oil pricing benchmarks versus Brent pricing. 12.5% dividend would be an alarm bell for him.

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Eagle Energy Inc (EGL-T)
January 17, 2014

Biggest risk with this trust, would be the outlook for light oil in the coming year and 2015. Because of the large production out of the Bakken and Eagleford shale, we could be seeing pretty good discounts on light oil pricing benchmarks versus Brent pricing. 12.5% dividend would be an alarm bell for him.

BUY
BUY
December 16, 2013

Yield of 14% and generally this is a red flag. Had some production difficulties and were in a “show me” situation. Generally, when a stock is in a penalty box, it will stay there for 3-4 quarters. To overcome this, the company decided to produce 3000 barrels of oil per quarter, which they have done for three quarters. Also, made an acquisition using lines of credit, rather than through dilution. He has conviction in the management team. Feels the yield is sustainable.

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Eagle Energy Inc (EGL-T)
December 16, 2013

Yield of 14% and generally this is a red flag. Had some production difficulties and were in a “show me” situation. Generally, when a stock is in a penalty box, it will stay there for 3-4 quarters. To overcome this, the company decided to produce 3000 barrels of oil per quarter, which they have done for three quarters. Also, made an acquisition using lines of credit, rather than through dilution. He has conviction in the management team. Feels the yield is sustainable.

HOLD
HOLD
October 23, 2013

Market is sceptical of their ability to sustain the 12.4% distribution. He believes the dividend will be sustained. This is a trust that has US assets. Tax treatment would be different if this held Canadian assets. Sufficient upside in their properties to sustain production for a long period of time.

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Eagle Energy Inc (EGL-T)
October 23, 2013

Market is sceptical of their ability to sustain the 12.4% distribution. He believes the dividend will be sustained. This is a trust that has US assets. Tax treatment would be different if this held Canadian assets. Sufficient upside in their properties to sustain production for a long period of time.

BUY
BUY
September 18, 2013

One of his largest positions. Had some operational issues. But the bar was set incredibly low by the street. He has confidence in the management. They need to deliver on their promised production levels of 3000 barrels per day. The dividend at 12.4% has raised alarm bells in the street, but he believes it is sustainable. They have some debt. They have the drip program but the payout ratio is close to 100%.

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Eagle Energy Inc (EGL-T)
September 18, 2013

One of his largest positions. Had some operational issues. But the bar was set incredibly low by the street. He has confidence in the management. They need to deliver on their promised production levels of 3000 barrels per day. The dividend at 12.4% has raised alarm bells in the street, but he believes it is sustainable. They have some debt. They have the drip program but the payout ratio is close to 100%.

SELL
SELL
August 19, 2013

12.5% dividend is rather high. Will struggle to maintain that dividend. Be cautious. Large dividend signals concern.

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Eagle Energy Inc (EGL-T)
August 19, 2013

12.5% dividend is rather high. Will struggle to maintain that dividend. Be cautious. Large dividend signals concern.

BUY
BUY
August 9, 2013

Very sustainable business plan. Have very good capital efficiencies and have access to capital. Debt to cash flow is in good shape. Very long life reserves. Likes this company a lot. 12.8% dividend yield.

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Very sustainable business plan. Have very good capital efficiencies and have access to capital. Debt to cash flow is in good shape. Very long life reserves. Likes this company a lot. 12.8% dividend yield.

BUY
BUY
July 16, 2013

Had an analysts’ meeting in April and reiterated their production guidance for the year. Likes that their expectations are extremely low. They said they would deliver 3000 barrels of oil this year, which they are on track for and we will be coming out with their results on August 9. All they have to do is deliver what they said they would which will give a very positive reaction to the stock. There was some question about the sustainability of the 13.3% yield but he thinks it is sustainable. They are ahead in cash flow.

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Had an analysts’ meeting in April and reiterated their production guidance for the year. Likes that their expectations are extremely low. They said they would deliver 3000 barrels of oil this year, which they are on track for and we will be coming out with their results on August 9. All they have to do is deliver what they said they would which will give a very positive reaction to the stock. There was some question about the sustainability of the 13.3% yield but he thinks it is sustainable. They are ahead in cash flow.

COMMENT
COMMENT
April 23, 2013

Down 40% in the last 12 months. Expects management overpromised regarding their new Salts Flats acquisition in Texas. There were some operational issues and they replaced the chief operating officer and he hopes there is a turnaround there. Also, there was a debate on the decline rates on their Texas fields and some of them will decline 62% in the 1st year. He thinks the market has overestimated the decline rates and thinks it will drop below 20% in 2014. 15.4% yield, which he doesn’t think will get cut. Have a good line of credit.

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Down 40% in the last 12 months. Expects management overpromised regarding their new Salts Flats acquisition in Texas. There were some operational issues and they replaced the chief operating officer and he hopes there is a turnaround there. Also, there was a debate on the decline rates on their Texas fields and some of them will decline 62% in the 1st year. He thinks the market has overestimated the decline rates and thinks it will drop below 20% in 2014. 15.4% yield, which he doesn’t think will get cut. Have a good line of credit.

DON'T BUY
DON'T BUY
April 22, 2013

Being in Texas has some advantages in that you are close to market, which will help. Small producer and has sold off pretty hard. Key to being in Texas is getting Louisiana light sweet oil prices, which currently trades at about $12 more than WTI. Given their size and some of the problems they have had, he can’t recommend this name. 15% yield.

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Being in Texas has some advantages in that you are close to market, which will help. Small producer and has sold off pretty hard. Key to being in Texas is getting Louisiana light sweet oil prices, which currently trades at about $12 more than WTI. Given their size and some of the problems they have had, he can’t recommend this name. 15% yield.

COMMENT
COMMENT
December 12, 2012

Chart shows this has taken quite a dip in the last while. Changes in management because of production mishaps. Need to look at these from both a production standpoint and a commodity standpoint. Have a constrained balance sheet and not a lot of room to raise CapX for growth. More linked to oil than to gas and he feels that in 2013, oil will average around $95 per barrel which will be very positive for them.

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Eagle Energy Inc (EGL-T)
December 12, 2012

Chart shows this has taken quite a dip in the last while. Changes in management because of production mishaps. Need to look at these from both a production standpoint and a commodity standpoint. Have a constrained balance sheet and not a lot of room to raise CapX for growth. More linked to oil than to gas and he feels that in 2013, oil will average around $95 per barrel which will be very positive for them.

Showing 1 to 15 of 20 entries

Eagle Energy Inc(EGL-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 Eagle Energy Inc is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Eagle Energy Inc(EGL-T) Frequently Asked Questions

What is Eagle Energy Inc stock symbol?

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

Is Eagle Energy Inc a buy or a sell?

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

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

Eagle Energy Inc was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Eagle Energy Inc.

Why is Eagle Energy Inc stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Eagle Energy Inc worth watching?

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

What is Eagle Energy Inc stock price?

On 2019-10-24, Eagle Energy Inc (EGL-T) stock closed at a price of $0.02.