Latest Expert Opinions

Signal
Opinion
Expert
BUY
BUY
April 3, 2018

He thinks pipeline capacity is increasing, which will be good for energy services companies. ESN is the largest coil tubing operator in Canada. It has $18 million debt versus $160 million of equity. Book value is $1.13, compared to a price of $0.52 on the day of interview, so the price is half of book. In turns of upside, it traded at 1.2x book during 2014, so in the next cycle, this company could trade for $1.20 to 1.30. His one-year target is $1.20.

He thinks pipeline capacity is increasing, which will be good for energy services companies. ESN is the largest coil tubing operator in Canada. It has $18 million debt versus $160 million of equity. Book value is $1.13, compared to a price of $0.52 on the day of interview, so the price is half of book. In turns of upside, it traded at 1.2x book during 2014, so in the next cycle, this company could trade for $1.20 to 1.30. His one-year target is $1.20.

Josef Schachter
President, Schachter Asset Management
Price
$0.520
Owned
Unknown
DON'T BUY
DON'T BUY
April 3, 2018

When is the uranium price going to turn around? It comes down to global supply-and-demand. Wait for a positive break on the upside on CCO. If you hold it, keep holding it.

When is the uranium price going to turn around? It comes down to global supply-and-demand. Wait for a positive break on the upside on CCO. If you hold it, keep holding it.

Jaime Carrasco
Portfolio Manager, Canaccord Genuity
Price
$12.440
Owned
No
BUY
BUY
April 3, 2018

He added it to his coverage list last month and he assigns it a $0.72 one year target (price on day of interview was $0.37). They can produce about 5 times what they are producing now and they can produce about 50% liquids so they are well positioned. They are in the sweet spot of the Montney and will increase production significantly when Tidewater’s plant comes on in Q2 of 2019. This is not yet on his buy list, but he expects to add it in Q2.

He added it to his coverage list last month and he assigns it a $0.72 one year target (price on day of interview was $0.37). They can produce about 5 times what they are producing now and they can produce about 50% liquids so they are well positioned. They are in the sweet spot of the Montney and will increase production significantly when Tidewater’s plant comes on in Q2 of 2019. This is not yet on his buy list, but he expects to add it in Q2.

Josef Schachter
President, Schachter Asset Management
Price
$0.360
Owned
Unknown
COMMENT
COMMENT
April 3, 2018

Everybody loves this stock. They produce about 10% of Canada’s total production. This is one of the best performing names in the industry. Management will probably see $2 to $3 billion of free cash flow this year, which they can use to pay down debt and buy back shares or pay dividends. He sees this as a core holding in the large cap portion of a portfolio.

Everybody loves this stock. They produce about 10% of Canada’s total production. This is one of the best performing names in the industry. Management will probably see $2 to $3 billion of free cash flow this year, which they can use to pay down debt and buy back shares or pay dividends. He sees this as a core holding in the large cap portion of a portfolio.

Josef Schachter
President, Schachter Asset Management
Price
$41.350
Owned
Unknown
TOP PICK
TOP PICK
April 3, 2018

This company is 74% natural gas. Book value is $15.67, cash flow last year was $1.12. Current stock price is $1.47 so the company is trading just over 1x cash flow, which he sees as shockingly cheap. This was a $50 stock in 2014. Debt is $397 million against $774 million equity. In 2009, this stock went from $2.40 to $23 a year later. So when a bull market comes, this stock can rocket upward. His one-year price target for this stock is $7. He owns it personally and his family owns it. (Analysts’ price target is 1.75$)

This company is 74% natural gas. Book value is $15.67, cash flow last year was $1.12. Current stock price is $1.47 so the company is trading just over 1x cash flow, which he sees as shockingly cheap. This was a $50 stock in 2014. Debt is $397 million against $774 million equity. In 2009, this stock went from $2.40 to $23 a year later. So when a bull market comes, this stock can rocket upward. His one-year price target for this stock is $7. He owns it personally and his family owns it. (Analysts’ price target is 1.75$)

Josef Schachter
President, Schachter Asset Management
Price
$1.530
Owned
Yes
TOP PICK
TOP PICK
April 3, 2018

Book value is $6.01 with a cash flow last year of $1.18. In 2016, this stock went from $0.90 to $5.44 in the same year. In 2014, the stock traded at $14.98. His one-year target is $7. The stock has a 4-cent dividend, for a 3.4% yield. (Analysts’ price target is 1.99$)

Book value is $6.01 with a cash flow last year of $1.18. In 2016, this stock went from $0.90 to $5.44 in the same year. In 2014, the stock traded at $14.98. His one-year target is $7. The stock has a 4-cent dividend, for a 3.4% yield. (Analysts’ price target is 1.99$)

Josef Schachter
President, Schachter Asset Management
Price
$1.220
Owned
Yes
TOP PICK
TOP PICK
April 3, 2018

The company’s production is 75% natural gas. Book value is $5.83 with a cash flow last year of $0.73. The price at time of interview was $1.83. In 2009, this stock went from $2.38 to $21.56 within two years. His one-year target is $7. (Analysts’ price target is 3.04$)

The company’s production is 75% natural gas. Book value is $5.83 with a cash flow last year of $0.73. The price at time of interview was $1.83. In 2009, this stock went from $2.38 to $21.56 within two years. His one-year target is $7. (Analysts’ price target is 3.04$)

Josef Schachter
President, Schachter Asset Management
Price
$1.870
Owned
Yes