Blackbird Energy Inc

BBI-X

Analysis and Opinions about BBI-X

Signal
Opinion
Expert
BUY
BUY
January 24, 2019
BBI-X is the old ticker. The merger involves a 10 for 1 split. PIPE-X shows a couple of weeks of trading and that is what to go by. They are coming on with new production facilities soon. By the end of the year, they will go to 10 times that. He thinks it is cheap and is on his action alert buy list.
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BBI-X is the old ticker. The merger involves a 10 for 1 split. PIPE-X shows a couple of weeks of trading and that is what to go by. They are coming on with new production facilities soon. By the end of the year, they will go to 10 times that. He thinks it is cheap and is on his action alert buy list.
WATCH
WATCH
December 17, 2018
They are going to merge with a private company. He likes the company. Liquids are more than half the volumes of the company. He has not completed his homework.
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They are going to merge with a private company. He likes the company. Liquids are more than half the volumes of the company. He has not completed his homework.
WATCH
WATCH
November 19, 2018
They are merging with Pipestone Oil. They are bringing on production at the beginning of 2019. He likes the company. He may upgrade to a buy today.
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They are merging with Pipestone Oil. They are bringing on production at the beginning of 2019. He likes the company. He may upgrade to a buy today.
WAIT
WAIT
November 6, 2018
There's a merger proposal and a private company which has interfingered lease holdings in Alberta. Problem is there wasn't enough drilling density to let him know what that land is worth. The merger and raising $110 million means that in 12 months, you'll see a better sense of what this land package is worth. A lot of promise but not enough data to make him buy.
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There's a merger proposal and a private company which has interfingered lease holdings in Alberta. Problem is there wasn't enough drilling density to let him know what that land is worth. The merger and raising $110 million means that in 12 months, you'll see a better sense of what this land package is worth. A lot of promise but not enough data to make him buy.
BUY
BUY
October 9, 2018

The caller asked him to speak to Blackbird’s recent financial report. He is a big fan of the company. It is in one of the most liquid-rich areas of the basin (Montney fairway); it has a massive land spread and is bringing on production in Q2 of 2019 with a new facility with Tidewater Midstream (TWM-T) that will increase volumes to 8000 boe per day. These are about 50% liquids, so this company’s cash flow will start booming by Q2 2019. Net asset values have gone up significantly. He has a 12-month target of $0.70 and expects the price to rise further after Q2.

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The caller asked him to speak to Blackbird’s recent financial report. He is a big fan of the company. It is in one of the most liquid-rich areas of the basin (Montney fairway); it has a massive land spread and is bringing on production in Q2 of 2019 with a new facility with Tidewater Midstream (TWM-T) that will increase volumes to 8000 boe per day. These are about 50% liquids, so this company’s cash flow will start booming by Q2 2019. Net asset values have gone up significantly. He has a 12-month target of $0.70 and expects the price to rise further after Q2.

HOLD
HOLD
September 28, 2018

It is in the Montney region and is doing a good job de-risking their assets. With some external capital, production could grow by mid-2020 to 10,000 boed from current levels near 4,000 boed.

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Blackbird Energy Inc (BBI-X)
September 28, 2018

It is in the Montney region and is doing a good job de-risking their assets. With some external capital, production could grow by mid-2020 to 10,000 boed from current levels near 4,000 boed.

BUY WEAKNESS
BUY WEAKNESS
September 7, 2018

He likes this company and it is on his coverage list. He is holding off buying for now as he expects even better value during the seasonal tax loss selling season in November and December. They did 1270 boed with liquids rich Montney holdings. He sees them getting near 8-10,000 boed as new infrastructure is tied in. He has a $0.72 per share target in the next 12 months.

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He likes this company and it is on his coverage list. He is holding off buying for now as he expects even better value during the seasonal tax loss selling season in November and December. They did 1270 boed with liquids rich Montney holdings. He sees them getting near 8-10,000 boed as new infrastructure is tied in. He has a $0.72 per share target in the next 12 months.

WAIT
WAIT
August 13, 2018

He likes the story. It is on his coverage list but not buy list yet. Will see its growth in 2nd quarter of calendar 2019 as their facility is being built to ramp up production. Has a 1 year target of $0.72 and $2.00 in 3-5 years time. Management team has done well with a large land spread and massive amount of drilling opportunity.

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He likes the story. It is on his coverage list but not buy list yet. Will see its growth in 2nd quarter of calendar 2019 as their facility is being built to ramp up production. Has a 1 year target of $0.72 and $2.00 in 3-5 years time. Management team has done well with a large land spread and massive amount of drilling opportunity.

BUY
BUY
July 16, 2018

They have a plant coming on in Q2 of 2019 to bring their production up. The stock seems expensive now but there is a massive ramp up coming up. He has a $0.72 target. From there they can ramp it up even more.

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They have a plant coming on in Q2 of 2019 to bring their production up. The stock seems expensive now but there is a massive ramp up coming up. He has a $0.72 target. From there they can ramp it up even more.

BUY WEAKNESS
BUY WEAKNESS
May 1, 2018

He likes Blackbird. The stock is trading at $0.37 and has about $0.35 of hard value. They produce about 1200 boe/day, they have 4000 boe/day of capacity. They’re working with Tidewater Midstream to bring a new facilty into service in the area, which will be on in calendar Q2 of 2019, which will give them the ability to ramp up quickly to 10,000 boe/day, 50% liquids. He loves the management team. It has great drilling locations, which offers very economic wells in a great area. He has a $0.70 one-year target and a $2 five-year target.

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He likes Blackbird. The stock is trading at $0.37 and has about $0.35 of hard value. They produce about 1200 boe/day, they have 4000 boe/day of capacity. They’re working with Tidewater Midstream to bring a new facilty into service in the area, which will be on in calendar Q2 of 2019, which will give them the ability to ramp up quickly to 10,000 boe/day, 50% liquids. He loves the management team. It has great drilling locations, which offers very economic wells in a great area. He has a $0.70 one-year target and a $2 five-year target.

BUY
BUY
April 3, 2018

He added it to his coverage list last month and he assigns it a $0.72 one year target (price on day of interview was $0.37). They can produce about 5 times what they are producing now and they can produce about 50% liquids so they are well positioned. They are in the sweet spot of the Montney and will increase production significantly when Tidewater’s plant comes on in Q2 of 2019. This is not yet on his buy list, but he expects to add it in Q2.

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He added it to his coverage list last month and he assigns it a $0.72 one year target (price on day of interview was $0.37). They can produce about 5 times what they are producing now and they can produce about 50% liquids so they are well positioned. They are in the sweet spot of the Montney and will increase production significantly when Tidewater’s plant comes on in Q2 of 2019. This is not yet on his buy list, but he expects to add it in Q2.

WEAK BUY
WEAK BUY
February 12, 2018

He likes the company. They are a liquids rich company. He hopes to go through it to get it on his action buy list.

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He likes the company. They are a liquids rich company. He hopes to go through it to get it on his action buy list.

DON'T BUY
DON'T BUY
February 5, 2018

Canadian gas producer. They had some good early success. She is staying away from smaller gas producers because of the potential of getting the gas out of the region. They have good quality land in a hot plain with some big players that having some great success.

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Canadian gas producer. They had some good early success. She is staying away from smaller gas producers because of the potential of getting the gas out of the region. They have good quality land in a hot plain with some big players that having some great success.

WATCH
WATCH
January 15, 2018

He met with management last year. They will go from 2000 to 10,000 BOEs capacity in 2019. They are bringing on wells as economically as possible. By Q1’19 they want to be ready. He likes what he has seen in the company.

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He met with management last year. They will go from 2000 to 10,000 BOEs capacity in 2019. They are bringing on wells as economically as possible. By Q1’19 they want to be ready. He likes what he has seen in the company.

DON'T BUY
DON'T BUY
January 5, 2018

In an environment where the appetite for energy is still nonexistent and large investors want only 1 or 2 names, this company is not going to hit the radar screen for some time to come. They have liquids rich exposure and gas exposure but there is still exploration risk on their acreage.

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In an environment where the appetite for energy is still nonexistent and large investors want only 1 or 2 names, this company is not going to hit the radar screen for some time to come. They have liquids rich exposure and gas exposure but there is still exploration risk on their acreage.

Showing 1 to 15 of 30 entries

Blackbird Energy Inc(BBI-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 Blackbird 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.

Blackbird Energy Inc(BBI-X) Frequently Asked Questions

What is Blackbird Energy Inc stock symbol?

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

Is Blackbird Energy Inc a buy or a sell?

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

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

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

Why is Blackbird 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 Blackbird Energy Inc worth watching?

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

What is Blackbird Energy Inc stock price?

On 2019-01-09, Blackbird Energy Inc (BBI-X) stock closed at a price of $0.235.