Among the stocks reaching their 52-week low this week some are often mentioned by stock experts on Stockchase : Altagas, Bonterra Energy Corp, Crescent Point Energy Corp and Leucrotta Exploration Inc. are all Energy Stocks worth mentioning.
Here’s the full list :
They have made a lot of positive progress on the balance sheet after the US acquisition. At this point they have done what it is required to stabilize the balance sheet. She does not own it.
They have a strong balance sheet. It is trading at half of its book value. Take advantage of tax loss selling season.
This has done an incredible job of production and getting their costs down. We have a real use of natural gas for electricity air conditioning generation across North America, so gas prices are up. This is not the day that you want to buy gas stocks.
If you are a retiree and looking for income, this is a company that you definitely should look at. She has a lot of respect for the management team. Have done very well by investors historically. They are doing a rights offering to existing shareholders to bring some equity into the business, because they essentially…
LNG Canada is coming on in 2023 – a long time to protect the balance sheet. He does not like the level of debt as it handcuffs any financial gains. He would not own this.
There are 3 pressure pumpers in Canada and are involved in the hydraulic fracturing of reservoirs as part of the completion process after the well has been drilled. This company has struggled with the debt and has been selling their US business. At this point in the cycle, he wouldn’t be too constructive on this…
It is always a buy close to book value. In the low $30s it makes sense. They are buying back their stock aggressively. This will be an astute investment if we get back to $70-$100 oil. The stock has upside. They are generating a lot of free cash flow.
There is a play on energy names going into the election as there may be money coming into the sector depending on who wins. He would trade it but not invest in it. It should be an underweight.
He really likes it. They shut in some of their heavy oil in Q4. They have not reported yet. On Jan 9 they said they were working on cost recovery and liquids rich were going up. His target is a double or triple over twelve months.
He would not pick this one. Their dividend is not favorable. They have consistently bought high and sold low -- moving in and out of natural gas at the wrong time. There are better choices out there.
Chart shows this has taken quite a dip in the last while. Changes in management because of production mishaps. Need to look at these from both a production standpoint and a commodity standpoint. Have a constrained balance sheet and not a lot of room to raise CapX for growth. More linked to oil than to…
An oilfield services company. Longer-term, he likes this. They are the Western Canadian leader in the coil tubing service business. Long-term, there is a good opportunity in this space. In the short term, he would be a little bit cautious on the entire services space. Profitability is pretty muted.
(A Top Pick Jan 10/18, Down 31%) These should be safer than the producers. But as soon as a producer turns off the tap, the royalty does not have to be paid. This is really good value here. This is a play on oil returning to better times.
The 3-year chart shows a low that is under $4. Currently this is above that low so it is probably okay. If there is a bounce, you might want to reduce in the bounce, because he thinks there is more to come. On a relative basis, this is one of the better ones.
Bottoming phase in early ’09 then a rally. Profit taking at end of summer. $0.40 is support level; If it breaks through $0.67 level he would see a dollar.
Just had a 20% correction, so it's now a good time to look at it. It's down, because it's taking time to get approval for some well pads in northeast BC. He expects they will get approval. But some fast-money investors got out which blasted out this stock. It's well-run with visionary managers. Fast growth.…
Has been a bit of an enigma for the past couple of years. Great quality assets and great management but market never really liked it going back several months but now has come into its own. Thinks it has probably run its course in terms of value on a relative basis. Great assets. He thinks…
(A Top Pick June 8, 2017. Down 13%). Activist investors have gained seats on the board and are having a significant influence on management decisions. He thinks it is likely that the company will sell itself by the Fall, at a significant premium, therefore it looks like a promising short-term play. If that doesn’t happen,…
They did a good deal with VII-T. They build long term assets before the stock got beat up. It has recovered nicely. If the price of oil comes down then it is possible after the winter we could see lower prices of $4-5. Hold off and wait until about late Q2 of this year.
(A Top Pick April 2/15. Down 16.23%.) Has been trimming his position. Valuation is rich, especially when comparing to a Freehold Royalty (FRU-T). Also, Canadian Natural Resources (CNQ-T) vended their freehold land and gross overriding royalties into this company for an almost 20% shareholder basis. They’ve given indications that they want to dividend half of…
It is his dividend play today. It is a cheap stock. There is a dividend of about 7%. His one year target is $3.70. He owns the stock personally. They have a low payout ratio. (Analysts’ price target is $2.13)
They missed yet again on their guidance and senior management has been departing the company. They have achieved a lot, but have consistently over-promised and under-delivered.
Historically, paying 9-10% yields is nuts, but in this environment that is sustainable, including for WCP. They can still generate a free cash flow yield of 5% and so, in fact, raise their dividend. He really likes and owns a lot of WCP. U.S. funds will eventually flow back into Canadian mid-cap oil stocks when…
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.
Natural gas. Have announced some major deals with Crew Energy (CR-T) and West Energy (WTL-T) in the Montney region of British Columbia. Expects there will be production within the next year.
He is quite bearish on the broader markets, but the sentiment in the energy sector in Canada has been so negative that he thinks it is undervalued. They have no debt and has 900 prime low-cost Montney drilling locations with significant infrastructure and only about 10% of it is dry gas. CEO owns about 30%…
🛢 Basic Materials
A lot of investors owned a company they acquired and so sold. You are getting the acquisition for free. (Analysts’ target: $11.21).
Play on the US housing recovery as well as timber, as they ship to US and Asia. Management bought 3 sawmills in 2006 which have been losing money. Have recapitalized a couple of the mills and are looking for better utilization. With better timber prices, she is expecting it to turn around and will probably…
Silver producer in Durango Mexico. Sees silver prices being very explosive in the next 6 months. Sees this one as an amazing cash flow story and will give great leverage to the share price. Great value.
Likes the stock a lot and has a much higher target in the $30 range. You are going to have to deal with the volatility. Chart shows a long base from July to February, and then it took off on an upward trend. Any time you see a drop in this, it is probably a…
Has done well. The have two projects. Silver pries have helped them along. It is getting close to fair value. Their focus is on the bottom line. This is a company to hold if you believe silver will go higher.
Has been popping on drilling results. It is high risk. It could be a triple. Last week they released 50 meters at 9 grams. Very rich, high margin deposits and this is what a major is going to want to buy. Buy part now and more if the market gives us a good reason. It…
(Market Call Minute) Loves it. Stock is cheap and feasibility study looks really good. Keep an eye on it.
The current price is coming down to a base. It should hold and the indicators should turn up. Seasonality is November through June.
A few days ago they acquired a historic mine and believe that there is more ore in the mine. It transforms the company and gives them a project they can sink their teeth into and gives them a new direction.
Operated by the Lundine family. This has been a truly outstanding Canadian success story. It mines and markets some of the highest quality diamonds globally. Earnings on a quarterly basis are lumpy, but over the course of a year they earn and distribute a lot of money. Return on cost employed in this mine is…
(A Top Pick Nov 2/10. Down 0.42%.) Gold deposit in Armenia with about 1.4 million ounces at just under a gram. They should resource out this month. This will be a very low cost, high margin deposit in the 2 million ounce range.
This is not the first bear market he has seen. This is the next new big mine. Diamonds have been going thought a bit of a dry spell. There were finance issues. The rough market for diamonds is up a little right now. He prefers to go in at a little earlier stage. He believes…
12 million oz of gold and platinum. 17 km long deposit. Potential to double in size of larger. Was formerly a mine and has been permitted. Access to power. Could go into production in 2 years.
Likes the concept of mining the ocean floor. A lot of advantages in an environment, better grades, etc. Have good partnerships. Expensive.
Has reduced his position but if he didn’t own he would be a Buyer. Trading at one of the cheapest valuations.
(A Top Pick Jan 16/14. Up 27.92%.) Has just become a producer in Nevada. Nice cash flow generator. Short mine life of about 1.5 years, and might generate close to $100 million during that time. Also, thinks they will have about $100 million in cash by the end of the year. They bought Mercedes from…
He has followed this stock for years. On the good side, it has reduced its debt load. He doesn’t have a lot of belief in the management. They are working on a product that will make it possible to move more oil in a pipeline, but he is not confident that the management will exploit…
The primary long way to get exposure in the Canadian frac market of larger companies. He likes management. They are a transportation advantage within Canada, and are roughly 40% of the Canadian frac sand market. Some of the big, big wells going on in the Permian literally use 100-200 railcars for a single well. The…
(Past Top Pick, August 22, 2017, Up 0.55%) It's had ups and downs the past year with problems in inventory and pricing. Their last forecast expected prices to improve a lot. He agrees that demand for railway ties is robust.
Manufactures highly specialized envelopes. 55% market share in Canada. Just made an acquisition. Very focused on reducing costs.
Had been one of the great stories in the last 2-3 years however, they ran into a development issue because part of the ore they were working with was refractory so costs skyrocketed. In the last year they have discovered a very high-grade pot that they can actually use to blend with the current operations.…
Likes it. Idaho. Sunshine mine is back in production and silver is going up and these guys are starting to make some serious money.
Likes these types of charts. Pull back looks like profit taking. If it holds above $3.20 then there is probably another dollar in it. Exit at $2.50.
It would appear that they have got themselves into a whole mess of trouble. There are a lot of questions as to what is going on here. He had concerns that the high-grade mineralization was not being properly constrained and therefore being blown out across the whole thing. Currently it is under Cease Trading order.
Located in Québec. Have had early good exploration results. What they are drilling trends under a Lake so they will be doing some winter drilling program on the ice. There could be an economic deposit.
This is a material that is basically one layer of carbon. It is very difficult to produce. It is produced a little bit in labs and sells for a very high price, but hasn’t really been mass produced as yet. It could be the material of the future. It is revolutionary. Very light and very…
Lithium. Has a very interesting and attractive deposit in Argentina. It is the most economical form of lithium. It is not hard rock, so there are not a lot of costs and they can do this economically. Higher risk/high potential return. Management is first-class.
The guys behind this have had great success in Mexico. They've had not bad results to date. Anything in the silver area is probably going to do well.
Take waste from tailing ponds. Likes it. Met with company not too long ago. It’s a good time to buy it. They broke out a while back.
Buying because of most recent drilling results. They keep hitting it every time they put out a press release. It has been so beat up it is a great buy right now.
It’s a tough deposit. Erratic mineralization with the Uranium. He doesn’t think a lot of the deposit. Prefers others.
On his Watch List and he might be buying soon. The oil/gas seismic is part of their business, but they have had more of a growth in the trucking area where they have a solution for fleet management and tracking. This adds a lot of efficiencies.
They now have over $1 billion in terms of the value of the gold on hand. You are buying physical gold that this company is storing for you. They are also growing globally. Thinks the growth rate is going to be quite fast. He is interested both in the stock and what they are doing.
This can basically reach in and look at 50,000 companies, providing insights in regards to a ton of ratios and comparables with those ratios. They basically have blockchain and Artificial Intelligence and are already using it. They are currently profitable. They are working with a very large bank in Italy and are bringing a mobile…
A social media platform. A difficult one to analyse. It has a cast of big shots in management operating mainly out of California he thinks. This is into video streaming. The difficulty with this is that you need a gazillion hits, and the giants such as Google and Facebook are the ones that take the…
Vogogo Inc (VGO-CN) TSXV
A compliance platform for bit coin processing. He sold. It is the only bit coin play that is publicly traded and so the valuation is way ahead of the fundamentals. He is skeptical of the concept.
It has been drifting over the last three or four months. They will just move into sales this year. They continue to execute. He thinks you will see a fair amount of news flow later this year. The cellular networks are quite excited by their product. He thinks there is lots of future and the…
Has been beaten up and you are getting double gearing to basket of producers. You are not taking single company risks.
NYMEX Oil Bull+ ETF. The way this works is that it depends on the price path. Recalibrated virtually every day and if oil goes down, you have a lower base that you have to build from so oil could end up higher but you could be down further than what you paid.
He has owned it in the past. He was hoping when the Canada-US-Mexico auto parts tariff issues worked out they would benefit. However, earnings growth continues to be challenged at the moment. Better opportunity elsewhere. Yield 1%
They are sound financially and always have been. They are hurting from foreign competition. Same store sales are down and they are trying to manage the decline. He would not step in here. Even a good management team is struggling.
The shut down of Toys-R-Us created some disruption in this business. Paw Patrol still seems to be the big toy. This is a solid name and very well run. They have diversified their offering. Patience will be required in the short term.
Current inventories are selling very well and profits are very large. Stock has been off the map but is now rising. Selling at 6/7 X this year's earnings.
A developer brand in organic food space. Recently broke into Loblaw’s (L-T) and some other food chains. An acquisition driven story. They have quite strong organic growth of 20%+ a year, but will continue to acquire brands, develop them, and expand them from within. It is everything from baby food to pet food to drinks.…
Earnings are lumpy but return on capital has been quite strong. Should do well. Has not captured the excitement of the market. Would not be surprised if he owned it in a month.
Feels the market has been improving for them a little bit lately, with the increasing activity in oil/gas and some of the mining sectors. A cyclical company. Right now it is probably a good company to own. Management would be pretty determined to retain their dividend. Yield of 6.8%.
It is one he does not own. He has looked at it in detail. On a PE and multiple basis it trades cheap and always has done. Over the long term you will be able to see them pay a few extra pennies with dividend increases. The multiple looks attractive but don't catch the falling…
A turn around restructuring story. They took on too much debt originally. They have 6 different businesses, 4 of which they are likely to sell. They have an energy services company, and a demolition company, both of which are doing very well. As they sell them off they can pay down debt and restructure the…
Tied to the railroad industry, mid-west US. They made some non-rail acquisitions. They had a mini-stumble. This is not a bad entry point below $10.
New drug delivery for more testosterone. Got a lot of attention because they are working on the female Viagra. It is a concept stock because they are in trials. If it works out it could be a huge win. But there are no revenue or earnings at this point so there is a lot of…
Use this list wisely to identify buying opportunities.
Happy trading !