Latest Expert Opinions

Signal
Opinion
Expert
COMMENT
COMMENT
February 9, 2018

Cardinal Energy (CJ-T) vs Torc Oil & Gas (TOG-T). Very different companies. Cardinal is a medium gravity producer. They are 60% exposed. They are going to lower their debt. They can pay the 10% yield and that is sustainable. He would buy Cardinal Energy (CJ-T) vs Torc Oil & Gas (TOG-T). (Analysts’ price target is $6.44)

Cardinal Energy Ltd (CJ-T)
February 9, 2018

Cardinal Energy (CJ-T) vs Torc Oil & Gas (TOG-T). Very different companies. Cardinal is a medium gravity producer. They are 60% exposed. They are going to lower their debt. They can pay the 10% yield and that is sustainable. He would buy Cardinal Energy (CJ-T) vs Torc Oil & Gas (TOG-T). (Analysts’ price target is $6.44)

Eric Nuttall
Partner & Senior Portfolio Manager, Ninepoint Partners
Price
$4.160
Owned
Unknown
COMMENT
COMMENT
February 9, 2018

Cardinal Energy (CJ-T) vs Torc Oil & Gas (TOG-T). Very different companies. Cardinal is a medium gravity producer. They are 60% exposed. They are going to lower their debt. They can pay the 10% yield and that is sustainable. He would buy Cardinal Energy (CJ-T) vs Torc Oil & Gas (TOG-T).

Torc Oil & Gas Ltd (TOG-T)
February 9, 2018

Cardinal Energy (CJ-T) vs Torc Oil & Gas (TOG-T). Very different companies. Cardinal is a medium gravity producer. They are 60% exposed. They are going to lower their debt. They can pay the 10% yield and that is sustainable. He would buy Cardinal Energy (CJ-T) vs Torc Oil & Gas (TOG-T).

Eric Nuttall
Partner & Senior Portfolio Manager, Ninepoint Partners
Price
$6.060
Owned
Unknown
DON'T BUY
DON'T BUY
February 9, 2018

Poster child for investors not wanting to own gas stocks anymore. A name that is intriguing. Trading 5.5 cash flow. Should be fully discounted. But there are concerns about take away, summer gas. Unless there is a demand increase LNG you need supply to fall off. He would rather be in the oily names. Valuation looks cheap. In the next year or two years it is hard to come with a catalyst for any natural gas name in Canada.

Poster child for investors not wanting to own gas stocks anymore. A name that is intriguing. Trading 5.5 cash flow. Should be fully discounted. But there are concerns about take away, summer gas. Unless there is a demand increase LNG you need supply to fall off. He would rather be in the oily names. Valuation looks cheap. In the next year or two years it is hard to come with a catalyst for any natural gas name in Canada.

Eric Nuttall
Partner & Senior Portfolio Manager, Ninepoint Partners
Price
$3.110
Owned
No
DON'T BUY
DON'T BUY
February 9, 2018

Very limited appetite for the mid-caps in Canada. Trading at 4.1 cash flow. They 5 years’ worth of proven reserves. Effectively paying below the value of the production and getting their unbook inventory for free. They shouldn’t spend any money on waterflooding. The stock market doesn’t give a darn about it.

Very limited appetite for the mid-caps in Canada. Trading at 4.1 cash flow. They 5 years’ worth of proven reserves. Effectively paying below the value of the production and getting their unbook inventory for free. They shouldn’t spend any money on waterflooding. The stock market doesn’t give a darn about it.

Eric Nuttall
Partner & Senior Portfolio Manager, Ninepoint Partners
Price
$5.440
Owned
No
PAST TOP PICK
PAST TOP PICK
February 9, 2018

(A Top Pick March 23/17 – Down 31%) A player in fracking sand. Sometimes you are wrong on the stock even if you are right on the fundamentals. A space that is not exciting anymore. Q4 is probably going to be very bad for them.

(A Top Pick March 23/17 – Down 31%) A player in fracking sand. Sometimes you are wrong on the stock even if you are right on the fundamentals. A space that is not exciting anymore. Q4 is probably going to be very bad for them.

Eric Nuttall
Partner & Senior Portfolio Manager, Ninepoint Partners
Price
$4.470
Owned
No
PAST TOP PICK
PAST TOP PICK
February 9, 2018

(A Top Pick March 23/17 - Down 16.4%.) This is outer stupidity. Talk later about this.

(A Top Pick March 23/17 - Down 16.4%.) This is outer stupidity. Talk later about this.

Eric Nuttall
Partner & Senior Portfolio Manager, Ninepoint Partners
Price
$3.120
Owned
Yes
PAST TOP PICK
PAST TOP PICK
February 9, 2018

(A Top Pick March 23/17 - Up 5%.) US producers are up as they are not facing a discount on the price of oil.

WPX Energy Inc. (WPX-N)
February 9, 2018

(A Top Pick March 23/17 - Up 5%.) US producers are up as they are not facing a discount on the price of oil.

Eric Nuttall
Partner & Senior Portfolio Manager, Ninepoint Partners
Price
$12.980
Owned
Yes