Torc Oil & Gas Ltd

TOG-T

Analysis and Opinions about TOG-T

Signal
Opinion
Expert
COMMENT
COMMENT
February 10, 2016

A great company with one of the best management teams in Calgary. Has the oil upside which is where you really want to be right now, because the commodity is bottoming. Given where commodity prices are now, there are a lot of dividend cuts, and Torc hasn’t had its turn yet, but she feels management is considering it. The payout ratio is higher than comparable companies. Dividend yield of about 11%.

Show full opinionHide full opinion
Torc Oil & Gas Ltd (TOG-T)
February 10, 2016

A great company with one of the best management teams in Calgary. Has the oil upside which is where you really want to be right now, because the commodity is bottoming. Given where commodity prices are now, there are a lot of dividend cuts, and Torc hasn’t had its turn yet, but she feels management is considering it. The payout ratio is higher than comparable companies. Dividend yield of about 11%.

COMMENT
COMMENT
December 31, 2015

Has been adding to his holdings recently at $5, which is very good value. Came out with their 2016 budget and are using $50 oil (?), which he thinks will prove to be correct. Management is very conservative and owns a lot of stock.

Show full opinionHide full opinion
Torc Oil & Gas Ltd (TOG-T)
December 31, 2015

Has been adding to his holdings recently at $5, which is very good value. Came out with their 2016 budget and are using $50 oil (?), which he thinks will prove to be correct. Management is very conservative and owns a lot of stock.

PARTIAL BUY
PARTIAL BUY
December 2, 2015

Makes a lot of sense at these prices, especially relative to its peers. An excellent, quality company. Good management, who have shown that they can add value for shareholders over time. Stock took a hit because of speculation they might have to reduce the dividend, but feels that was overblown. Given where oil prices are and her view on higher oil prices in the next year or so, this is one of the companies you want to be exposed to. At a good price now, but there is a lot of volatility because of an OPEC meeting on Friday. She would move into this one gradually. Dividend yield of 8%+.

Show full opinionHide full opinion
Torc Oil & Gas Ltd (TOG-T)
December 2, 2015

Makes a lot of sense at these prices, especially relative to its peers. An excellent, quality company. Good management, who have shown that they can add value for shareholders over time. Stock took a hit because of speculation they might have to reduce the dividend, but feels that was overblown. Given where oil prices are and her view on higher oil prices in the next year or so, this is one of the companies you want to be exposed to. At a good price now, but there is a lot of volatility because of an OPEC meeting on Friday. She would move into this one gradually. Dividend yield of 8%+.

TOP PICK
TOP PICK
December 2, 2015

This is in oil. Strong management team which she thinks will be prudent with their balance sheet.

Show full opinionHide full opinion
Torc Oil & Gas Ltd (TOG-T)
December 2, 2015

This is in oil. Strong management team which she thinks will be prudent with their balance sheet.

PAST TOP PICK
PAST TOP PICK
November 20, 2015

(A Top Pick Oct 17/14. Down 40.49%.) It is approaching his Buy entry of $6. They did not cut the dividend, which speaks to the quality of the properties and management. If we are still up $40 for the next 3 months, he wouldn’t be surprised if they cut their dividend.

Show full opinionHide full opinion
Torc Oil & Gas Ltd (TOG-T)
November 20, 2015

(A Top Pick Oct 17/14. Down 40.49%.) It is approaching his Buy entry of $6. They did not cut the dividend, which speaks to the quality of the properties and management. If we are still up $40 for the next 3 months, he wouldn’t be surprised if they cut their dividend.

COMMENT
COMMENT
November 11, 2015

Just reported their quarterly report and it was great reading, allowing them to increase expectations and what they are going to produce, and reduce their CapX to do it. Their capital efficiency is remarkable. Drilling in south east Saskatchewan, which is all light oil. They have been doing this for a long, long time. Good management. Likes the company a lot. Dividend yield of 8.5%.

Show full opinionHide full opinion
Torc Oil & Gas Ltd (TOG-T)
November 11, 2015

Just reported their quarterly report and it was great reading, allowing them to increase expectations and what they are going to produce, and reduce their CapX to do it. Their capital efficiency is remarkable. Drilling in south east Saskatchewan, which is all light oil. They have been doing this for a long, long time. Good management. Likes the company a lot. Dividend yield of 8.5%.

HOLD
HOLD
October 22, 2015

Has tremendous respect for management. Truly one of the more conservative teams. Depending on the oil price and strip price, they potentially may look to realign their dividend. On his math, they are sustainable in the low $50 oil. The stock has been weak on this and it could be an actual buying catalyst. Some people have been Shorting the name on the anticipation of retail selling on the dividend cut. He almost bought this back today. Dividend yield of over 8%.

Show full opinionHide full opinion
Torc Oil & Gas Ltd (TOG-T)
October 22, 2015

Has tremendous respect for management. Truly one of the more conservative teams. Depending on the oil price and strip price, they potentially may look to realign their dividend. On his math, they are sustainable in the low $50 oil. The stock has been weak on this and it could be an actual buying catalyst. Some people have been Shorting the name on the anticipation of retail selling on the dividend cut. He almost bought this back today. Dividend yield of over 8%.

COMMENT
COMMENT
October 16, 2015

This is a really good asset and a really good play. His company has a $12 target on it. Thinks we are in an area where it is worth while starting to build your portfolio. This has prudent capital allocation, good management and a strong balance sheet.

Show full opinionHide full opinion
Torc Oil & Gas Ltd (TOG-T)
October 16, 2015

This is a really good asset and a really good play. His company has a $12 target on it. Thinks we are in an area where it is worth while starting to build your portfolio. This has prudent capital allocation, good management and a strong balance sheet.

WATCH
WATCH
October 8, 2015

He has CPG-T instead. They (TOG-T) have not cut their dividend yet. They may be able to skate through.

Show full opinionHide full opinion

He has CPG-T instead. They (TOG-T) have not cut their dividend yet. They may be able to skate through.

BUY
BUY
October 7, 2015

An 8% yield is exceptional. He likes what they are doing in Saskatchewan. Their plays require very little maintenance capital to hold production flat. The Canada Pension Plan is a very strong share holder.

Show full opinionHide full opinion

An 8% yield is exceptional. He likes what they are doing in Saskatchewan. Their plays require very little maintenance capital to hold production flat. The Canada Pension Plan is a very strong share holder.

TOP PICK
TOP PICK
September 25, 2015

This is one that has started to fall into the category of people thinking they are going to have to cut their dividend. He doesn’t think that is an issue for the next 6-9 months. Feels the payout ratio can sustain itself at 100%-110% at today’s price. Balance sheet is fine. This is unique in that it can still maintain the financial metrics within reason, but is unhedged in 2016. Dividend yield of 9.02%.

Show full opinionHide full opinion
Torc Oil & Gas Ltd (TOG-T)
September 25, 2015

This is one that has started to fall into the category of people thinking they are going to have to cut their dividend. He doesn’t think that is an issue for the next 6-9 months. Feels the payout ratio can sustain itself at 100%-110% at today’s price. Balance sheet is fine. This is unique in that it can still maintain the financial metrics within reason, but is unhedged in 2016. Dividend yield of 9.02%.

DON'T BUY
DON'T BUY
September 21, 2015

There is no safe dividend in the intermediate oil and gas area. You can’t buy them for the dividend. It is a good quality company. 8.5% yield.

Show full opinionHide full opinion
Torc Oil & Gas Ltd (TOG-T)
September 21, 2015

There is no safe dividend in the intermediate oil and gas area. You can’t buy them for the dividend. It is a good quality company. 8.5% yield.

TOP PICK
TOP PICK
August 25, 2015

Doesn’t view the dividend as likely to being cut. Even if it is, the stock has been pounded so badly that he feels the stock would rally, not go down. Relative to its proved reserves, it is trading at around 6X cash flow and has never traded this cheaply. Its proved reserve life is around 9, so you are getting the proved reserves for free. Dividend yield of 11.3%.

Show full opinionHide full opinion

Doesn’t view the dividend as likely to being cut. Even if it is, the stock has been pounded so badly that he feels the stock would rally, not go down. Relative to its proved reserves, it is trading at around 6X cash flow and has never traded this cheaply. Its proved reserve life is around 9, so you are getting the proved reserves for free. Dividend yield of 11.3%.

TOP PICK
TOP PICK
July 30, 2015

An oil producer, primarily in Saskatchewan that has been hit pretty hard and pays a nice dividend that should not be cut here. There are going to a lot of acquisitions over the next few years. He likes the team.

Show full opinionHide full opinion

An oil producer, primarily in Saskatchewan that has been hit pretty hard and pays a nice dividend that should not be cut here. There are going to a lot of acquisitions over the next few years. He likes the team.

COMMENT
COMMENT
July 28, 2015

A great company, but at today’s commodity price they should not be paying a dividend. He would like to see that happen. In theory, if you made your company better by not paying out a dividend, the stock should probably stay flat and it shouldn’t make any difference. His instinct is that the stock will go down. Dividend yield of 8% means the market feels the dividend should be cut.

Show full opinionHide full opinion

A great company, but at today’s commodity price they should not be paying a dividend. He would like to see that happen. In theory, if you made your company better by not paying out a dividend, the stock should probably stay flat and it shouldn’t make any difference. His instinct is that the stock will go down. Dividend yield of 8% means the market feels the dividend should be cut.

Showing 61 to 75 of 136 entries