Top Independents Operators Oil Stocks to Buy in 2019

Still cheap compared to the group. Balance sheet in great shape. 20% cashflow per share growth, compared to peers at 6%. Decent production growth. Nice dividend, compelling payout ratio. So much depends on the commodity price, and oil is not the future. Oil prices are pretty firm where they are. Lots of room to go.

A major with great price momentum and still cheap valuation. Like many of the energy companies, it is trading at 6x EBITDA. 13x earnings. Hitting a number of metrics. Their latest deal is accretive for them immediately. A safer way to play a continuation in the energy bull market. Relatively early days he thinks. (Analysts’…

Small oil and gas producer operating in Colombia. His preferred play is Parex Resources. GTE is more aggressive and not as financially strong. Parex has no debt, in fact has cash. GTE production fell off a cliff last year. Higher beta. More leveraged to an oil recovery, if you think oil's going to $70-75, which…

Always had too much debt, heavy oil, etc. and now they are going into the Clearwater play. They acquired a massive position and drilled the 2 best wells and got cashflow back in a month. Trading at material discount and changing rapidly. Committed to being a strong returner of capital. (Analysts’ price target is $4.83)

HSE-T + CVE-T: Stay after the merger? He does not own either one. He understands the merger makes sense. There are a lot of cost savings that can be found. He prefers CNQ-T, PXT-T and one of his Top Picks today. He prefers these to HSE-T. If the sector bounces back you could get an…

Believes company stock price has further room to grow. Best managed company in natural gas business. Sells a lot of natural gas into California market at a premium. Believes natural gas prices will remain strong (reduced drilling and growing economy). Additional dividend payouts and share buybacks are great for shareholders.

This morning, their results in Q3 were fine. They plan to lower debt, and then give 50% free cashflow to dividend and then 50% to paying down debt. They could pay a 10% dividend at $70 and 15% dividend at $80. Not many specialists that are willing to go in the small cap space. Trading…

She owns no energy producers. CPG has benefited the past year from rising oil prices. But over five years, you're down double digits. This year, it'll depend on oil prices. If you think oil prices will go a lot higher, so will CPG, but she can't forecast oil. Though, she doesn't see a huge rise.

Among the 10 top performers on the S&P of 2021 #9, up 123%. It's made many acquisition and returned capital to shareholders. It has a $35 breakeven price with tremendous production growth of 41%. It's cutting back on drilling and exploration which pleases Wall St.. It's likely to repeat this gain in 2022.

Oil price advances is going to help the advances of oil stocks. Chinese economy is likely to grow at an 8/8.5% for the next decade on a compound basis. Good opportunities.

The best valuation opportunities are in Canada, he thinks. He would sell WPX for the tax loss and buy Parsley instead, who has better exposure to Canada.

He just bought it after its last earnings. They will raise the dividend. In 2022, energy will be critical in the US mid-terms. Demand for oil will hold. Be exposed to energy. PNR has a solid balance sheet and pays a dividend.

EOG is a big pick for 2022. This shale produce has an attractive valuation and is a low-cost producer. 10% free cash flow yield and 20% dividend growth. Has low debt and offers good returns. He also owns XLE. He expects oil to stay at elevated levels, and will shoot to the upside.

This all depends on what oil prices are going to do. $50 oil kind of keeps them going, but the costs are much higher than they are getting at the end of the day.

A very good company. Many people own these master-limited partnerships and keep selling them; that's why EPD has been sell off.

(A Top Pick April 2/14. Down 18.73%.) His job it is to watch for change and as he sees change, be able to reposition portfolios as required. Last summer, the US$ started to blast off, which happened at the same time that energy prices started to roll over. He got stopped out of virtually all…

Very bullish outlook on gas and this will give you great exposure to gas. Well run and a tremendous track record in production growth and reserve growth. Both shale gas and conventional gas exposure. Potential take-out candidate.

(A Top Pick April 18/16. Down 8.31%.) He sold this and got about 5.5% from it.

Among the 10 top performers on the S&P of 2021 #1. Up 179% in 2021. The best-run oil company. It began the year with a merger. Their variable dividend last year that put them atop the S&P in terms of yield, now 7.4%. The new CEO is drilling for more crude with less capital, yet…

Energy company - oil and gas producer. He is looking for companies that are good quality, selling off and with volume picking up as it turns, which this is. He is already making money on it. Stop is $47.

This was the poster child for the US growth machine. But now they are in one of the worst places. Cut cap X program and will likely have to cut it again. Prefers Canadian oil stocks. Thinks there will still be revisions to CLR-N’s cash flow.

(Top Pick March 10/14, Down 14.12%) They are a lower cost operator. He sold this a couple of months after recommending it. Their challenge has been that their industry has been wildly successful in getting production growth and now there is a severe shortage of pipelines in the region so the price they sell for…

A name in transition. Used to be viewed as a leveraged way to play oil because they had financial leverage and were in the US Bakken play, which is still exceptional economics in a lot of their acreage. In the fall, they did a massively diluted share offering to purchase acreage in the Permian, paying…

Probably a name he would hold or avoid, simply because it is so highly levered. A good company. It has some good assets. If you see a sustained bull market in energy, this could be fairly attractive. However he doesn’t think we are going to have a bull market in energy right now, so this…

An oil company that's becoming a lot more eco-friendly. He's blown away by their carbon capture. It's up 170% YTD, but he'd still buy it.

Tremendously high profile in the US and has held up relatively better than our Canadian oil stocks. Good properties and good reserve life. Good price. Really a question of what you think is going to happen on commodity prices.