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 :
He doesn't think we have seen the final outcome of their takeover yet, so would wait to see how that materializes. There may be some regulation hurdles to still overcome.
Dividend is approaching 14%. Too good to be true? No. He used to own this. Trades at 0.6x book value, an all-time low. Dividend is safe. LNG will get built on the west coast, so be patient and get paid to wait.
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…
He likes both SU-T and CNQ-T and has made it a Top Pick in the past. Both these stocks continue to be good to hold. SU-T will continue to be a core holding for him as he likes both their upstream and downstream assets.
People consider it to be very cheap. You aren’t getting per share growth because debt pay down is their priority. You need a rally in the commodity price. They will muddle along with their peers.
BIR-T vs. CR-T. BIR-T has much larger production than CR-T. BIR-T is a large cap vs. CR-T being a small cap. He likes both companies and owns them. He does not have a preferred one.
High trade volume? She does not hold any energy producers at all right now, due to the takeaway issues and low commodity prices. Their $5 billion acquisition of Newfield turned the market off. The apathy in the market is not attractive to her as an investor.
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.
(Past Top Pick, November 16, 2017, Down 23%) Pays a 5.5% yield. Today it hit a 52-week low. He's happy to buy it this cheap.
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.…
Trucking and well completion services. Pre-eminent logistics player on oil sands. Expected them to make acquisitions by this time. Long-term, great company to own. 3.4% yield.
(Market Call Minute) He is looking for an entry point. One of the most exciting plays developing in the basin. Economics continuing to improve via lower well costs and better recoveries.
They have gone through a lot of stress at the Board level but that seems to have cleared up. They have a strong balance sheet, with $328 million in debt compared to $2.17 billion of equity. Their production this year will be about the same as last year. He thinks this stock is cheap, like…
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…
85% light oil and 15% natural gas. It is a very low payout ratio. It is a monthly payout of more than 7%. It will be a fabulous rate of return. (Analysts’ price target is $2.15)
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.
A darling four years ago, that is oil weighted. The took criticism for the last few acquisitions. He still considers it a core holding and sees a 5% growth outlook along with a 5% yield.
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
He does not buy or short gold stocks. From a momentum perspective, it fails poorly. With a trend down it will tend to get more selling until it reaches a floor, which it has not. There is not much cash flow and a small yield. It is a volatile stock.
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.
Chart shows a long downtrend and you want to watch for a break away gap, which he thinks it has had. The exhaustion gap occurs at the end of the move with big volume, opening higher followed by a huge volume and then closes unchanged or lower. He would prefer to see this on a…
Junior Silver. Very few good silver deposits globally. Most deposits the juniors are getting into are lead/zinc/silver. You have to look at the grade and mining width. Active in Peru with a mine in Mexico. Good operators. Making positive cash flow off their mines.
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…
Renewed their feasibility study and it impressed him. The numbers are really attractive. Believes it will be a mine. Last major thing is financing, which they should be able to get.
(A Top Pick July 6/17 - Down 30%.) Has not done as he expected to do. The story is that they built new facilities and expand in new areas. But they ran into some problems. The execution hasn’t been as good as he hoped for. Eventually he thinks it will work out, but it is…
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.
They are pioneering sea floor mining using a continuous mining machine. Any of the majors that want to get involved in ocean mining will do it through this company.
Has reduced his position but if he didn’t own he would be a Buyer. Trading at one of the cheapest valuations.
A bit difficult to value when looking at their assets. Started off as a developer in Red Lake, and everybody speculated that Goldcorp (G-T) would acquire them. That hasn’t happened. The geology just didn’t work out the way the company had expected. The company has now gone and done a bunch of other stuff, and…
They are traying to lower their debt. Some momentum above $1.20. It had a break out from 75 cents. Has a few places of resistance as t works its way up. A stock he is trying to acquire.
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…
A major utility pole manufacturer. Yes, the recent/current tough winter weather is a factor, but a bigger factor is the finite life of these poles, and most of them in North America are nearing the end. So, SJ could enjoy a ramp-up with more infrastructure spending.
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.
They produce asset-tracking technology, originally starting with blue-tooth and now getting into binary networks via a low-powered cellular device. They're now in the approcal process with U.S. carriers. They should ramp up later this year. It's a past top pick. Continues to like it and is a major holding for him.
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.
It is so cheap at these levels. It has a decent balance sheet, but trades at 5 times earnings. The problem is auto sales are heading lower globally, he thinks. If you have patience sit tight, but he is loath to get in front of a freight train coming out of the tunnel -- lots…
Lost $16.5 million last quarter. A big part of that was that they source a lot of their goods in the US, and have to sell them in Canada. When the Cdn$ got killed, that cost them a lot of money. The Cdn$ is coming back to some degree which will help. This past quarter…
Largest demographic group is the 29 years old. Ready at the point of household formation. No debt. They generate a lot of cash. (Analysts’ price target is $50.33)
Current inventories are selling very well and profits are very large. Stock has been off the map but is now rising. Selling at 6/7 X this year's earnings.
A developer brand in organic food space. Recently broke into Loblaw’s (L-T) and some other food chains. An acquisition driven story. They have quite strong organic growth of 20%+ a year, but will continue to acquire brands, develop them, and expand them from within. It is everything from baby food to pet food to drinks.…
Earnings are lumpy but return on capital has been quite strong. Should do well. Has not captured the excitement of the market. Would not be surprised if he owned it in a month.
Feels the market has been improving for them a little bit lately, with the increasing activity in oil/gas and some of the mining sectors. A cyclical company. Right now it is probably a good company to own. Management would be pretty determined to retain their dividend. Yield of 6.8%.
It is one he does not own. He has looked at it in detail. On a PE and multiple basis it trades cheap and always has done. Over the long term you will be able to see them pay a few extra pennies with dividend increases. The multiple looks attractive but don't catch the falling…
A turn around restructuring story. They took on too much debt originally. They have 6 different businesses, 4 of which they are likely to sell. They have an energy services company, and a demolition company, both of which are doing very well. As they sell them off they can pay down debt and restructure the…
It is a smaller cap REIT. The payout is high. Most of the earnings are US$ translated back to CAD$, which just appreciated over the last three months. The market is pricing this depreciation in the yield into the stock. He is not expecting a dividend cut, but it is a possibility. AIR B&B’s have…
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 !