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Showing 1 to 15 of 23 entries
PARTIAL SELL

He likes what they are doing. In preferreds he thinks active management can be productive. He has trimmed recently waiting for a selloff in it. He would add if it got back to recent lows but right now he is trimming.

oil / gas
VAGUE
Being bought by Enterra (ENT.UN-T). Feels that Enterra's proven reserves might be under 7 years and he needs more than that in his holdings. If you are an E&P player, sell and look for other companies. If you are a trust player, check what the proven reserves are.
oil / gas
SELL
Being bought by Enterra Energy Corp (ENT.UN-T). If you own High Point would sell as it is a fairly favourable price for it.
oil / gas
WAIT
Being bought by Enterra Energy (ENT.UN-T). Feels the deal will be beneficial to shareholders, but not a big fan of Enterra as they had a very, very short reserve life. If you own, take the cash.
oil / gas
HOLD
Has $50 million debt level on the books which is a bit higher than he likes. Should do cash flow this year of about $35 million. Thinking about selling some non-core assets, but don't want to unless they can replace it with new production. Have some very high impact drilling going on right now, which, if successful, will probably look to sell something in Q3/Q4.
oil / gas
HOLD
Stock has been languishing. They were trying to drill 8 wells in Duso(?) in Alberta. Because of the weather, they only got 6 done. Their production in Q1 was about the same in Q4 of 3,100 BOE's a day. They have quite a bit behind pipe which will be coming on in April so they will be about 4,000 BOE's a day which will be 1,000 BOE's coming on. Likes the story. Feels they have the ability to exit at 4,300/4,500 a day. Reserve Life Index of 8.2 years. Waiting for the stats.
oil / gas
BUY
Has 2 key assets, one is a winter access only in northern B.C. and the other in Alberta. Did 2,100 BOE's a day in 2003 exited at 2,700. Expects them to do 3,385, exiting at 4,500 in 2004. Also drilling a high impact which is not in the stock.
oil / gas
BUY
Have been disappointed througout the beginning of the year. Had a production limitation problem at one of its facilities which was overreacted to by the market. Solvable.
oil / gas
BUY
Was a top pick about a year ago. Did all right initially but the share price dropped. A very good story when the juniors are totally out of favor. Have a very active summer program. Very cheap. Will probably be acquired/trust by the end of the year.
oil / gas
DON'T BUY
Seems to have dropped off the radar screen. The summertime is a difficult time in the northeast part of British Columbia. Expect it will be quiet for a few months.
oil / gas
HOLD
Stock is down 20% on the year. The street doesn't like the Company. They have to tie in some wells to get production. Debt level may be a little high.
oil / gas
BUY
A great team. Has significant upside value.
oil / gas
BUY
Have 7 development locations and 3 exploration locations. Have year round access to their properties.
oil / gas
BUY
A great, well managed company. Tying in another thousand barrels shortly which probably won't affect the price, but will raise the floor in that the cash flow picks up speed and downside risk decreases. A long-term hold.
oil / gas
BUY
Good properties and good pipeline penetration. Have year-round access.
oil / gas
Showing 1 to 15 of 23 entries

High Point Resources(HPR-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 High Point Resources 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.

High Point Resources(HPR-T) Frequently Asked Questions

What is High Point Resources stock symbol?

High Point Resources is a OTC stock, trading under the symbol HPR-T on the (). It is usually referred to as or HPR-T

Is High Point Resources a buy or a sell?

In the last year, there was no coverage of High Point Resources published on Stockchase.

Is High Point Resources a good investment or a top pick?

High Point Resources was recommended as a Top Pick by on . Read the latest stock experts ratings for High Point Resources.

Why is High Point Resources 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 High Point Resources worth watching?

0 stock analysts on Stockchase covered High Point Resources In the last year. It is a trending stock that is worth watching.

What is High Point Resources stock price?

On , High Point Resources (HPR-T) stock closed at a price of $.