Manitok Energy

MEI-X

Analysis and Opinions about MEI-X

Signal
Opinion
Expert
SELL
SELL
November 20, 2015

The prospect of there being equity value in this company is fairly low. If you own, he would Sell and take a tax loss and move on.

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Manitok Energy (MEI-X)
November 20, 2015

The prospect of there being equity value in this company is fairly low. If you own, he would Sell and take a tax loss and move on.

SELL
SELL
June 8, 2015

It is the epitome of what people don’t want to own today. It has balance sheet issues, okay drilling results, but it is undercapitalized and the management team lost traction with the street.

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It is the epitome of what people don’t want to own today. It has balance sheet issues, okay drilling results, but it is undercapitalized and the management team lost traction with the street.

HOLD
HOLD
October 3, 2014

Has been a favourite of his for a while and he has been wrong, but he still feels strongly about this one. The asset they have there is massive. Prairie Sky has a royalty on it and they are finding they are more oily than they originally thought. One of the lowest cash flow multiples he owns. He wants to see 30 or 40 wells drilled before he makes a decision.

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Manitok Energy (MEI-X)
October 3, 2014

Has been a favourite of his for a while and he has been wrong, but he still feels strongly about this one. The asset they have there is massive. Prairie Sky has a royalty on it and they are finding they are more oily than they originally thought. One of the lowest cash flow multiples he owns. He wants to see 30 or 40 wells drilled before he makes a decision.

BUY
BUY
July 16, 2014

Pressure on this came with the departure of one of the senior guys that was thought to be the sole driver behind their success in the Stolberg play. He feels they have proven to the market that the people still in this company are capable of delivering results. Also, did a big farm-in with Encana (ECA-T) on PrarieSky (PSK-T), and seems they have the competency to chase a reserve like this. Thinks the market has underestimated the potential of Entice. Feels this is a $5 stock.

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Pressure on this came with the departure of one of the senior guys that was thought to be the sole driver behind their success in the Stolberg play. He feels they have proven to the market that the people still in this company are capable of delivering results. Also, did a big farm-in with Encana (ECA-T) on PrarieSky (PSK-T), and seems they have the competency to chase a reserve like this. Thinks the market has underestimated the potential of Entice. Feels this is a $5 stock.

COMMENT
COMMENT
June 25, 2014

One of the companies that has not participated in the large rally, primarily because some of the key “value finders” they had been using in the foothills, left to form another company. Have some good wells since that management shift. A big unknown is that they did a massive form on Encana (ECA-T) on their 6 Township block just immediately east of Calgary. A large, large block of land that is relatively shallow. They are just starting that first well. Company is trading at a ridiculously low cash flow multiple. Likes the company.

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One of the companies that has not participated in the large rally, primarily because some of the key “value finders” they had been using in the foothills, left to form another company. Have some good wells since that management shift. A big unknown is that they did a massive form on Encana (ECA-T) on their 6 Township block just immediately east of Calgary. A large, large block of land that is relatively shallow. They are just starting that first well. Company is trading at a ridiculously low cash flow multiple. Likes the company.

DON'T BUY
DON'T BUY
April 17, 2014

They are running out of running room in one of their assets. He thinks the market does not understand the steps they are taking on other drilling. So he would not buy it.

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Manitok Energy (MEI-X)
April 17, 2014

They are running out of running room in one of their assets. He thinks the market does not understand the steps they are taking on other drilling. So he would not buy it.

WEAK BUY
WEAK BUY
April 11, 2014

Under a cloud right now. The repeatability of their property where they drive most of the production from has raised concern. Signed a deal with ECA-T to exploit massive amounts of their royalty lands. Likes the company.

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Manitok Energy (MEI-X)
April 11, 2014

Under a cloud right now. The repeatability of their property where they drive most of the production from has raised concern. Signed a deal with ECA-T to exploit massive amounts of their royalty lands. Likes the company.

HOLD
HOLD
April 3, 2014

He has lightened recently. It is one that had an operational misstep recently. There is a fairly spread out asset package there. It certainly has depth of opportunities.

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He has lightened recently. It is one that had an operational misstep recently. There is a fairly spread out asset package there. It certainly has depth of opportunities.

COMMENT
COMMENT
March 13, 2014

Had a bit of a stumble last year. COO left, which, in his opinion, was one of the core parts of management. Their operations and production updates have not been stellar. He needs to see 2 or 3 more quarters of this company to see if they can turn around operations and get back on the path they were a year ago. Currently trading at a very cheap multiple.

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Manitok Energy (MEI-X)
March 13, 2014

Had a bit of a stumble last year. COO left, which, in his opinion, was one of the core parts of management. Their operations and production updates have not been stellar. He needs to see 2 or 3 more quarters of this company to see if they can turn around operations and get back on the path they were a year ago. Currently trading at a very cheap multiple.

DON'T BUY
DON'T BUY
March 11, 2014

Not a name that he is comfortable with. Lost their key geological person who took them into the disturbed (???) Foothills trend where they had a remarkable amount of success. Their development inventory in that play is shrinking and they’ve since farmed in on Encana (ECA-T) which presents a whole new element of risks. Stock appears to be cheap on current production but cheap stocks usually are more expensive than you thought because production does not quite grow at the same pace.

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Manitok Energy (MEI-X)
March 11, 2014

Not a name that he is comfortable with. Lost their key geological person who took them into the disturbed (???) Foothills trend where they had a remarkable amount of success. Their development inventory in that play is shrinking and they’ve since farmed in on Encana (ECA-T) which presents a whole new element of risks. Stock appears to be cheap on current production but cheap stocks usually are more expensive than you thought because production does not quite grow at the same pace.

PAST TOP PICK
PAST TOP PICK
February 12, 2014

(A Top Pick Jan 2/13. Down 18.53%.) Has liked this for a long time, but they hit a couple of speed bumps along the way. Criticized early on for not having enough depth in their inventory. Have had great success in the deep basin of Stolberg, but investors were at little concerned so the company stepped out and tried a new play concept that didn’t quite work. Also a key technical guy walked away. The Stolberg play is working phenomenally, 20 great wells, all horizontally drilled. Production of the company is over 5000 barrels a day. A new addition is a farm-in that they did with Encana (ECA-T) in west central Alberta which has very multi zone potential. Lots of infrastructure in the region.

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Manitok Energy (MEI-X)
February 12, 2014

(A Top Pick Jan 2/13. Down 18.53%.) Has liked this for a long time, but they hit a couple of speed bumps along the way. Criticized early on for not having enough depth in their inventory. Have had great success in the deep basin of Stolberg, but investors were at little concerned so the company stepped out and tried a new play concept that didn’t quite work. Also a key technical guy walked away. The Stolberg play is working phenomenally, 20 great wells, all horizontally drilled. Production of the company is over 5000 barrels a day. A new addition is a farm-in that they did with Encana (ECA-T) in west central Alberta which has very multi zone potential. Lots of infrastructure in the region.

BUY
BUY
January 8, 2014

Working with Encana (ECA-T) on old Canadian Pacific (CP-T) railway lands, which is a perfect fit and size for the type of work they do. The long-term productivity and capital efficiency of these wells are excellent. Long-term growth is tied in very well to this area.

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Manitok Energy (MEI-X)
January 8, 2014

Working with Encana (ECA-T) on old Canadian Pacific (CP-T) railway lands, which is a perfect fit and size for the type of work they do. The long-term productivity and capital efficiency of these wells are excellent. Long-term growth is tied in very well to this area.

BUY
BUY
December 6, 2013

Has taken quite a hit over the past few weeks and months, and that is partly due to some personnel changes, and diversifying their portfolio a bit more, which some investors did not approve of. Can see $3-$3.50 for this stock.

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Manitok Energy (MEI-X)
December 6, 2013

Has taken quite a hit over the past few weeks and months, and that is partly due to some personnel changes, and diversifying their portfolio a bit more, which some investors did not approve of. Can see $3-$3.50 for this stock.

DON'T BUY
DON'T BUY
November 4, 2013

(Market Call Minute) Lost their technical expert, switched play type – too many warning signs.

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Manitok Energy (MEI-X)
November 4, 2013

(Market Call Minute) Lost their technical expert, switched play type – too many warning signs.

BUY WEAKNESS
BUY WEAKNESS
October 23, 2013

Holds this stock in very high regard. The criticism is that it is a one play focus. Thinks this is one of the rising stars. Their new Encana (ECA-T) farm-in play is an absolute incredible opportunity for them. Very confident technical team.

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Manitok Energy (MEI-X)
October 23, 2013

Holds this stock in very high regard. The criticism is that it is a one play focus. Thinks this is one of the rising stars. Their new Encana (ECA-T) farm-in play is an absolute incredible opportunity for them. Very confident technical team.

Showing 1 to 15 of 27 entries

Manitok Energy(MEI-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 Manitok 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.

Manitok Energy(MEI-X) Frequently Asked Questions

What is Manitok Energy stock symbol?

Manitok Energy is a Canadian stock, trading under the symbol MEI-X on the TSX Venture Exchange (MEI-CV). It is usually referred to as TSXV:MEI or MEI-X

Is Manitok Energy a buy or a sell?

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

Is Manitok Energy a good investment or a top pick?

Manitok Energy was recommended as a Top Pick by Eric Nuttall on 2015-11-20. Read the latest stock experts ratings for Manitok Energy.

Why is Manitok 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 Manitok Energy worth watching?

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

What is Manitok Energy stock price?

On , Manitok Energy (MEI-X) stock closed at a price of $.