Latest Expert Opinions

Signal
Opinion
Expert
HOLD
HOLD
May 16, 2016

Thinks this is worth a fair bit and can easily get to $9-$10 based on the direction of oil. Although she owns, it is not a core holding simply because of the risk. Has a lot of debt. She loves the assets and thinks the team is very strong.

Show full opinionHide full opinion

Thinks this is worth a fair bit and can easily get to $9-$10 based on the direction of oil. Although she owns, it is not a core holding simply because of the risk. Has a lot of debt. She loves the assets and thinks the team is very strong.

COMMENT
COMMENT
May 16, 2016

Just raised some capital to help stabilize the balance sheet, which was a good idea. Have some great Bakken assets in North Dakota and are doing very well with their drilling. Sees a lot of upside there. The Marcellus assets are not doing as well because of the differential in some of the prices, and are getting the netbacks.

Show full opinionHide full opinion

Just raised some capital to help stabilize the balance sheet, which was a good idea. Have some great Bakken assets in North Dakota and are doing very well with their drilling. Sees a lot of upside there. The Marcellus assets are not doing as well because of the differential in some of the prices, and are getting the netbacks.

PAST TOP PICK
PAST TOP PICK
May 16, 2016

(A Top Pick June 12/15. Down 36.56%.) With oil prices below $50, it is very challenging. Have done really well with hedging last year, this year and next year, so are quite well protected. However, they do need to see higher oil prices in order to do well.

Show full opinionHide full opinion

(A Top Pick June 12/15. Down 36.56%.) With oil prices below $50, it is very challenging. Have done really well with hedging last year, this year and next year, so are quite well protected. However, they do need to see higher oil prices in order to do well.

PAST TOP PICK
PAST TOP PICK
May 16, 2016

(A Top Pick June 12/15. Up 1.54%.) Likes management and the quality of the assets. The balance sheet is good. Have done some exceptional things in getting their costs down and improving efficiencies in their drilling, and have done really well in consolidating their plays. This is still a Buy.

Show full opinionHide full opinion

(A Top Pick June 12/15. Up 1.54%.) Likes management and the quality of the assets. The balance sheet is good. Have done some exceptional things in getting their costs down and improving efficiencies in their drilling, and have done really well in consolidating their plays. This is still a Buy.

PARTIAL SELL
PARTIAL SELL
May 16, 2016

A great story. Right now there are some challenges. Debt is a lot higher than what she would expect from them. Spent a lot of capital building out Horizons, which is really going to provide a lot of free cash flow going forward. They’re in phase 2 now and phase 3 at the end of next year, and it will be really good. CapX spend on that project is going to come down significantly, which will help on the free cash flow side. In 2-3 years, this is going to be a great story. For now, be a little cautious because valuation has gotten ahead of itself. If you own, consider trimming, which is what she has done.

Show full opinionHide full opinion

A great story. Right now there are some challenges. Debt is a lot higher than what she would expect from them. Spent a lot of capital building out Horizons, which is really going to provide a lot of free cash flow going forward. They’re in phase 2 now and phase 3 at the end of next year, and it will be really good. CapX spend on that project is going to come down significantly, which will help on the free cash flow side. In 2-3 years, this is going to be a great story. For now, be a little cautious because valuation has gotten ahead of itself. If you own, consider trimming, which is what she has done.

PARTIAL SELL
PARTIAL SELL
May 16, 2016

It is not time to own this yet. The stock is moving up because there are some big individual investors in Calgary that has helped move the stock. However, she feels the company is quite challenged until oil prices are much higher. There are so many names out there with good valuations that don’t have the same kind of challenges at these prices.

Show full opinionHide full opinion

It is not time to own this yet. The stock is moving up because there are some big individual investors in Calgary that has helped move the stock. However, she feels the company is quite challenged until oil prices are much higher. There are so many names out there with good valuations that don’t have the same kind of challenges at these prices.

COMMENT
COMMENT
May 16, 2016

A lot of the oil/gas stocks in Canada are more correlated to oil than to natural gas. That gives you the opportunity to see mispricing in the market and to Buy or Sell. She likes this company a lot. They have some great assets. Have done really well in bringing costs down. However, doesn’t see much upside in natural gas prices in Canada for the time being. With all the debt they have and with gas prices where they are, she doesn’t feel the move they’ve had is justified at this time.

Show full opinionHide full opinion

A lot of the oil/gas stocks in Canada are more correlated to oil than to natural gas. That gives you the opportunity to see mispricing in the market and to Buy or Sell. She likes this company a lot. They have some great assets. Have done really well in bringing costs down. However, doesn’t see much upside in natural gas prices in Canada for the time being. With all the debt they have and with gas prices where they are, she doesn’t feel the move they’ve had is justified at this time.