Palliser Oil & Gas Corp.

PXL-X

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

Analysis and Opinions about PXL-X

Signal
Opinion
Expert
PAST TOP PICK
PAST TOP PICK
February 12, 2014

(A Top Pick Jan 2/13. Down 66.2%.) Had originally liked the play in heavy oil because he had believed there would be a compression in the differential. Also using some technology in the field that he felt added reserve value. One of their speed bumps was figuring what to do with all the water that came with the heavy oil so they needed to drill some disposable wells for this. The cash flow compressed a little and they ran out of budget room to execute as quickly as they wanted. Still likes the assets and the heavy oil aspect. Still feels the upside exits.

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(A Top Pick Jan 2/13. Down 66.2%.) Had originally liked the play in heavy oil because he had believed there would be a compression in the differential. Also using some technology in the field that he felt added reserve value. One of their speed bumps was figuring what to do with all the water that came with the heavy oil so they needed to drill some disposable wells for this. The cash flow compressed a little and they ran out of budget room to execute as quickly as they wanted. Still likes the assets and the heavy oil aspect. Still feels the upside exits.

BUY
BUY
October 23, 2013

A long-standing favourite of his due to their heavy oil exposure. Good management and likes the plays they have in both Alberta and Saskatchewan. Have some tremendous assets and intend to do some more PAD drilling. He has recently added to his holdings. Moving through this winter’s drilling season, he expects it will play catch-up. He could see it reaching at least $0.75.

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A long-standing favourite of his due to their heavy oil exposure. Good management and likes the plays they have in both Alberta and Saskatchewan. Have some tremendous assets and intend to do some more PAD drilling. He has recently added to his holdings. Moving through this winter’s drilling season, he expects it will play catch-up. He could see it reaching at least $0.75.

BUY
BUY
August 1, 2013

A name he identified earlier in the year as a great investment. Now he likes it at these levels. It is heavy oil. Developed production technology that will serve shareholders well. Management is from much larger corporations. They know their way around heavy oil. Will be twice the size it is today in a year.

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A name he identified earlier in the year as a great investment. Now he likes it at these levels. It is heavy oil. Developed production technology that will serve shareholders well. Management is from much larger corporations. They know their way around heavy oil. Will be twice the size it is today in a year.

PAST TOP PICK
PAST TOP PICK
June 5, 2013

(A Top Pick Jan 2/13. Down 38.03%.) One of the best economic plays in the basin. Company will probably do $0.30 a share cash flow. NAV is about $1.40. Thinks it becomes an ideal takeout candidate.

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(A Top Pick Jan 2/13. Down 38.03%.) One of the best economic plays in the basin. Company will probably do $0.30 a share cash flow. NAV is about $1.40. Thinks it becomes an ideal takeout candidate.

STRONG BUY
STRONG BUY
April 30, 2013

Probably trading at half the price it should be. Have a new way of producing heavy oil that is much more efficient. It means they have an integrated approach with tanks for oil, tanks for water and very specialized well handling personnel that understand and operates the screw pumps that operate at very high levels. Productivity has been remarkable. Operating costs have collapsed in the last couple of quarters. Thinks it is a double from here.

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Probably trading at half the price it should be. Have a new way of producing heavy oil that is much more efficient. It means they have an integrated approach with tanks for oil, tanks for water and very specialized well handling personnel that understand and operates the screw pumps that operate at very high levels. Productivity has been remarkable. Operating costs have collapsed in the last couple of quarters. Thinks it is a double from here.

PAST TOP PICK
PAST TOP PICK
April 16, 2013

(A Top Pick Jan 2/13. Down 33.8 %.) Pick this for its exposure to the narrowing differential between heavy and light. Since his recommendation, the company has come to market with a small equity issue, which tarnished the buying appetite. Still likes. Could become a takeover target if the stock price stays down here.

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(A Top Pick Jan 2/13. Down 33.8 %.) Pick this for its exposure to the narrowing differential between heavy and light. Since his recommendation, the company has come to market with a small equity issue, which tarnished the buying appetite. Still likes. Could become a takeover target if the stock price stays down here.

TOP PICK
TOP PICK
January 2, 2013

(See comment on heavy oil.) Produces oil in the Lloydminster region and ranks 3rd amongst all plays in the basin in terms of rate of return. Have managed to lower operating costs by 40%. Also, implemented “high volume” lift which typically increases recovery from 5%-10% to 10%-20%. Trades at 3X cash flow. Returns on projects are well in excess of 60%, even in terms of today’s heavy oil price. Currently have about a $30 net back on their production per barrel, even with the current spreads. Target price of $1.25-$1.50 in 12 months.

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(See comment on heavy oil.) Produces oil in the Lloydminster region and ranks 3rd amongst all plays in the basin in terms of rate of return. Have managed to lower operating costs by 40%. Also, implemented “high volume” lift which typically increases recovery from 5%-10% to 10%-20%. Trades at 3X cash flow. Returns on projects are well in excess of 60%, even in terms of today’s heavy oil price. Currently have about a $30 net back on their production per barrel, even with the current spreads. Target price of $1.25-$1.50 in 12 months.

TOP PICK
TOP PICK
February 1, 2011
Small oil company. Chart bottomed out in October. Breakout at 1.60 was really good. Increased trading volume is very, very positive. As long as you use a stop loss on this one.
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Small oil company. Chart bottomed out in October. Breakout at 1.60 was really good. Increased trading volume is very, very positive. As long as you use a stop loss on this one.
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Palliser Oil & Gas Corp.(PXL-X) 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 Palliser Oil & Gas Corp. 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.

Palliser Oil & Gas Corp.(PXL-X) Frequently Asked Questions

What is Palliser Oil & Gas Corp. stock symbol?

Palliser Oil & Gas Corp. is a OTC stock, trading under the symbol PXL-X on the (). It is usually referred to as or PXL-X

Is Palliser Oil & Gas Corp. a buy or a sell?

In the last year, there was no coverage of Palliser Oil & Gas Corp. published on Stockchase.

Is Palliser Oil & Gas Corp. a good investment or a top pick?

Palliser Oil & Gas Corp. was recommended as a Top Pick by Bill Bonner on 2014-02-12. Read the latest stock experts ratings for Palliser Oil & Gas Corp..

Why is Palliser Oil & Gas Corp. 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 Palliser Oil & Gas Corp. worth watching?

In the last year, there was no coverage of Palliser Oil & Gas Corp. published on Stockchase.

What is Palliser Oil & Gas Corp. stock price?

On , Palliser Oil & Gas Corp. (PXL-X) stock closed at a price of $.