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Pipestone Energy Corp. (PIPE-T)
TSE:PIPE
1.88
0.04
(2.08%) 1d
Financials
Technical Analysis
This summary was created by AI, based on 3 opinions in the last 12 months.
Pipestone Energy Corp. is facing challenges due to recent sales and disappointing wells, as well as suffering from weak gas prices. Experts highlight the lack of marketing power and balance sheet protection as further drawbacks. The stock is not considered cheap enough, with the only hope for an increase being a potential acquisition. Overall, the company is struggling to compete with bigger names in the market and is not meeting the preferred yield and durability criteria for investment.
$2.140
No
Motley name, he wouldn't own. Tightly held by private equity. Disappointing wells. Cheap valuation. Only hope for stock to go up is for company to be bought. He can buy something with better quality, longer inventory, but equal valuation.
Suffering because of weak gas prices. Doesn't have the advantage of marketing power of the bigger names to get egress out of Canada. Doesn't offer the yield or balance sheet protection that he prefers. He goes for a yield around 6-7%, which also gives durability to the yield. Yield is 4.7%.
Good company to invest in, but better names out there.
Has sold shares in company.
Recent attempt to sell company didn't have success.
Lots of gas in production (bearish on gas prices).
Pipestone Energy Corp.(PIPE-T) Rating
Ranking : 3 out of 5
Bullish - Buy Signals / Votes : 0
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 3
Total Signals / Votes : 3
Pipestone Energy Corp.(PIPE-T) Frequently Asked Questions
What is Pipestone Energy Corp. stock symbol?
Pipestone Energy Corp. is a Canadian stock, trading under the symbol PIPE-T on the Toronto Stock Exchange (PIPE-CT). It is usually referred to as TSX:PIPE or PIPE-T
Is Pipestone Energy Corp. a buy or a sell?
In the last year, 3 stock analysts published opinions about PIPE-T. 0 analysts recommended to BUY the stock. 3 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Pipestone Energy Corp..
Is Pipestone Energy Corp. a good investment or a top pick?
Pipestone Energy Corp. was recommended as a Top Pick by on . Read the latest stock experts ratings for Pipestone Energy Corp..
Why is Pipestone Energy 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 Pipestone Energy Corp. worth watching?
3 stock analysts on Stockchase covered Pipestone Energy Corp. In the last year. It is a trending stock that is worth watching.
What is Pipestone Energy Corp. stock price?
On 2023-10-04, Pipestone Energy Corp. (PIPE-T) stock closed at a price of $1.88.
Better names in market.
Will face issue of paper sellers with recent sale.
Shares not cheap enough.