Latest Expert Opinions

Signal
Opinion
Expert
BUY WEAKNESS
BUY WEAKNESS
July 16, 2014

Did a great job hedging production. Have great currency to go to for their acquisitions and fully expects that is the path they go down. Their asset base is probably the most prolific, most economic play in the Western Canadian sedimentary basin, the Bakken, and there is a dividend attached. This is a name you acquire on any kind of weakness.

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Did a great job hedging production. Have great currency to go to for their acquisitions and fully expects that is the path they go down. Their asset base is probably the most prolific, most economic play in the Western Canadian sedimentary basin, the Bakken, and there is a dividend attached. This is a name you acquire on any kind of weakness.

BUY WEAKNESS
BUY WEAKNESS
July 16, 2014

Great company. Their weakness we typically see when field activities decline when spring break-up occurs. There could be some surprises as to how the 2nd quarter numbers look through the break-up. That could be a positive catalyst in the very near term. This offers one of the best growth curves in the sector. Wished he had owned this earlier. Feels there is a ton of upside left in this stock. On any kind of weakness, it is probably a good time to Buy.

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Great company. Their weakness we typically see when field activities decline when spring break-up occurs. There could be some surprises as to how the 2nd quarter numbers look through the break-up. That could be a positive catalyst in the very near term. This offers one of the best growth curves in the sector. Wished he had owned this earlier. Feels there is a ton of upside left in this stock. On any kind of weakness, it is probably a good time to Buy.

TOP PICK
TOP PICK
July 16, 2014

Feels there is still a ton more upside. Recently sold the genesis of the company, oily assets in Saskatchewan, to focus on the Montney play in Northeast BC. Montney offers some of the best economics in the Western Canadian basin, and this company has a significant land base there to take advantage of it. Originally budgeted about 20-21 wells this year, and they are going to be able to double that with the sale of the Saskatchewan assets. They are in the way of the big guys. Somebody is going to want to own those assets once they develop a little further. If they choose to develop them fully by themselves, they will get the cash flows and production levels that will impress the market.

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Feels there is still a ton more upside. Recently sold the genesis of the company, oily assets in Saskatchewan, to focus on the Montney play in Northeast BC. Montney offers some of the best economics in the Western Canadian basin, and this company has a significant land base there to take advantage of it. Originally budgeted about 20-21 wells this year, and they are going to be able to double that with the sale of the Saskatchewan assets. They are in the way of the big guys. Somebody is going to want to own those assets once they develop a little further. If they choose to develop them fully by themselves, they will get the cash flows and production levels that will impress the market.

TOP PICK
TOP PICK
July 16, 2014

Sold non-operated, non-core assets to focus on their Alberta Montney play. This hasn’t got a ton of respect from the market in the past couple of years, but have now demonstrated they deserve the multiple they are currently getting. Boiling down the numbers, you can build a case for cash flow escalating from $0.30-$0.40 to $0.75-$0.80.This will probably garner a premium multiple as they develop their Montney assets. Have lots of play content in the Montney. Have $10 million in the bank and an undrawn line of $135 million.

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Sold non-operated, non-core assets to focus on their Alberta Montney play. This hasn’t got a ton of respect from the market in the past couple of years, but have now demonstrated they deserve the multiple they are currently getting. Boiling down the numbers, you can build a case for cash flow escalating from $0.30-$0.40 to $0.75-$0.80.This will probably garner a premium multiple as they develop their Montney assets. Have lots of play content in the Montney. Have $10 million in the bank and an undrawn line of $135 million.

TOP PICK
TOP PICK
July 16, 2014

Have a big presence up in NW BC with a ton of equipment in the region all the way out to the coast. Have things that can grade roads and devices that can mulch the trees. Have a good core business going. There is a big damn project that BC Hydro is working on. This gives you 2 big capital intensive projects unfolding, LNG and the Site C Dam. This company is right in the middle of all that. They will probably do North of 50 million EBITDA next year. He could see the stock going well north of $2.

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Have a big presence up in NW BC with a ton of equipment in the region all the way out to the coast. Have things that can grade roads and devices that can mulch the trees. Have a good core business going. There is a big damn project that BC Hydro is working on. This gives you 2 big capital intensive projects unfolding, LNG and the Site C Dam. This company is right in the middle of all that. They will probably do North of 50 million EBITDA next year. He could see the stock going well north of $2.

DON'T BUY
DON'T BUY
July 16, 2014

This is quite complicated, and she wouldn’t purchase at these levels. There were some events that needed to occur to decrease the risk. They didn’t occur, and she wants the most minimal amount of risk.

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This is quite complicated, and she wouldn’t purchase at these levels. There were some events that needed to occur to decrease the risk. They didn’t occur, and she wants the most minimal amount of risk.

COMMENT
COMMENT
July 16, 2014

Until she sees their debt numbers and visibility of a lower debt, she will not be buying. Likes to see debt at 2x times or less on a debt to cash flow.

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Until she sees their debt numbers and visibility of a lower debt, she will not be buying. Likes to see debt at 2x times or less on a debt to cash flow.