Investor Insights

This summary was created by AI, based on 2 opinions in the last 12 months.

Experts have differing opinions on Ninepoint Energy Fund, with one expert mentioning that it is actively managed and holds oil and gas services stocks. The fund offers growth and income, but has underperformed in the market. However, as the market rally broadens, improvement is expected. Another expert is biased towards the fund and recommends it, particularly for those interested in energy ETFs. They believe that natural gas as a commodity is bottoming out seasonally, and the risk/reward favors oil. Overall, the stock seems to have potential but with varying opinions on its performance.

Consensus
Mixed
Valuation
Fair Value
Similar
ExxonMobil, XOM
PARTIAL BUY

Is actively manged, holding oil and gas services stocks. Offers growth and income, but has underperformed, but as the market rally broadens, this should improve.

Energy
BUY

He's biased, but if you're looking for an energy ETF he'd recommend NNRG, his own fund. Thinks nat gas as a commodity is bottoming out seasonally. Lots of varied opinions for the price next year. All comes down to winter weather and how cold is it going to be. 

In general, risk/reward favours oil, so that's why he's in oil names.

Energy
BUY
oil There's underproduction of oil and supply constraints. Also, US oil reserves were drained before their elections and now needs to be filled whenever oil dips to $70. So, oil has a floor and there remains demand. A good sector to own, especially if China opens next spring. XEG holds Canadian oil stocks, and is market-cap weighted, including CNQ, Suncor and Cenovus among its top holding. ZEO is an equal-weight, so offers a little more diversity. And HXE is the cap-weighted ETF like XEG, but it doesn't pay a dividend. So this is good outside an RRSP. For midcap oil, look at NNRG, but charges a higher MER. It depends on your tax preference and the contents of each ETF.
Energy
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Ninepoint Energy Fund(NNRG-NEO) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 2

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 2

Stockchase rating for Ninepoint Energy Fund 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.

Ninepoint Energy Fund(NNRG-NEO) Frequently Asked Questions

What is Ninepoint Energy Fund stock symbol?

Ninepoint Energy Fund is a OTC stock, trading under the symbol NNRG-NEO on the (). It is usually referred to as or NNRG-NEO

Is Ninepoint Energy Fund a buy or a sell?

In the last year, 2 stock analysts published opinions about NNRG-NEO. 2 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Ninepoint Energy Fund.

Is Ninepoint Energy Fund a good investment or a top pick?

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

Why is Ninepoint Energy Fund 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 Ninepoint Energy Fund worth watching?

2 stock analysts on Stockchase covered Ninepoint Energy Fund In the last year. It is a trending stock that is worth watching.

What is Ninepoint Energy Fund stock price?

On , Ninepoint Energy Fund (NNRG-NEO) stock closed at a price of $.