Latest Expert Opinions

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
March 15, 2018

They have lingering long-term issues though it's no longer a hated stock. They don't grow enough to attract capital, at 7% with a dividend. Midcap oil companies: investors don't care about them. All such companies should stop drilling and buy back stock. CPG will likely sell some assets and re-deploy their cash.

They have lingering long-term issues though it's no longer a hated stock. They don't grow enough to attract capital, at 7% with a dividend. Midcap oil companies: investors don't care about them. All such companies should stop drilling and buy back stock. CPG will likely sell some assets and re-deploy their cash.

Eric Nuttall
Partner & Senior Portfolio Manager, Ninepoint Partners
Price
$8.720
Owned
Unknown
DON'T BUY
DON'T BUY
March 15, 2018

They're okay from an asset base, but their debt-to-cash ratio is a high five. He's bearish on nat gas, so he wouldn't buy natural gas names like this. Generally, he's biased in favour of oil.

They're okay from an asset base, but their debt-to-cash ratio is a high five. He's bearish on nat gas, so he wouldn't buy natural gas names like this. Generally, he's biased in favour of oil.

Eric Nuttall
Partner & Senior Portfolio Manager, Ninepoint Partners
Price
$1.380
Owned
Unknown
DON'T BUY
DON'T BUY
March 15, 2018

Has nat gas exposure--and he's bearish on all nat gas stocks. Market cap is way too low for investors to really care for in this sector.

Has nat gas exposure--and he's bearish on all nat gas stocks. Market cap is way too low for investors to really care for in this sector.

Eric Nuttall
Partner & Senior Portfolio Manager, Ninepoint Partners
Price
$1.990
Owned
Unknown
DON'T BUY
DON'T BUY
March 15, 2018

No surprises from their earnings announcement today. Trades at 4x cash flow and five years worth of production stream. Well-liked CEO, but this is a segment of the market that investors don't care about. Their 5% stock buyback isn't enough to impress him.

No surprises from their earnings announcement today. Trades at 4x cash flow and five years worth of production stream. Well-liked CEO, but this is a segment of the market that investors don't care about. Their 5% stock buyback isn't enough to impress him.

Eric Nuttall
Partner & Senior Portfolio Manager, Ninepoint Partners
Price
$5.710
Owned
Unknown
SELL
SELL
March 15, 2018

A boring stock: boring growth rate, dividend rate, cash flow compared to Canadian and American peers. Take your losses and move on.

Husky Energy (HSE-T)
March 15, 2018

A boring stock: boring growth rate, dividend rate, cash flow compared to Canadian and American peers. Take your losses and move on.

Eric Nuttall
Partner & Senior Portfolio Manager, Ninepoint Partners
Price
$17.000
Owned
Unknown
BUY
BUY
March 15, 2018

One of his major holdings. He's very bullish on pressure pumping. Deal closed today where they bought a U.S. pressure pumper, Tucker. Will be accretive. They will have enough cash flow to buy back 90% of their stock--and there's a growing trend of buybacks in Canada and America. Step gives you exposure to the U.S. pressure pumping market. A cheap stock. It trades at 4.5x earnings and 2x EBITDA with growth potential in U.S.

One of his major holdings. He's very bullish on pressure pumping. Deal closed today where they bought a U.S. pressure pumper, Tucker. Will be accretive. They will have enough cash flow to buy back 90% of their stock--and there's a growing trend of buybacks in Canada and America. Step gives you exposure to the U.S. pressure pumping market. A cheap stock. It trades at 4.5x earnings and 2x EBITDA with growth potential in U.S.

Eric Nuttall
Partner & Senior Portfolio Manager, Ninepoint Partners
Price
$8.870
Owned
Yes
SELL
SELL
March 15, 2018

In tough shape. They made the wrong bet on natural gas. Sell it and buy elsewhere. But it will pay off over five years.

In tough shape. They made the wrong bet on natural gas. Sell it and buy elsewhere. But it will pay off over five years.

Eric Nuttall
Partner & Senior Portfolio Manager, Ninepoint Partners
Price
$0.265
Owned
Unknown