Latest Stock Buy or Sell? Make More Informed Decisions!

[Berman's Call today was preempted by breaking news.]

Market. Russia has one pipeline going through Ukraine to Europe. They are working on another one to get around this off shore. The US is increasing exports of LNG and so is able to sell to Europe now. He is an oil bear. Oil went to $75 due to rumours. But OPEC raised production and are saying they will continue to do so. He sees Oil coming down to the low $60s soon.

They have a plant coming on in Q2 of 2019 to bring their production up. The stock seems expensive now but there is a massive ramp up coming up. He has a $0.72 target. From there they can ramp it up even more.

They have a lot of debt but you have to look at the equity. They are about 9% liquids and 91% natural gas. Their stock popped last week because they announced on two wells. They are now finding more liquid rich opportunities. It is one of the names he likes. He projects $6 within a year. He feels the bargains are in the natural gas side.

He likes it. He believes it has a $6 one year target. He is waiting because of concerns on the oil price. They have minimal debt. We are trading below book value. They are buying back a lot of shares. The buyback price suggests the company thinks their stock is cheap. When oil gets below $60 he thinks the stock will get down to $2.80 and it would be a buy then.

He is not attracted that much to it because of disgruntled shareholders. The company has shrunk itself since last year. Their focus is to spend less than cash flow. They have other assets they might sell. The balance sheet is in good shape. But he thinks there are more attractive names out there even though this stock seems cheap. This stock needs something to wake it up.

Hold it if you own it. The dividend is very attractive. Management has done a fabulous job. In the low $40s it would make a lot of sense. The balance sheet is improving a lot from their current deal. The company has a lot of legs. It would be a strong buy in the low $40s.

(A Top Pick Nov. 9/17, Up 6%) He likes the management. You want to own some exposure in the drilling exposure. It is a strong buy.

(A Top Pick Nov. 9/17, Down 61%) It is a cheap stock and he likes it lot. Management is focusing on paying down debt. This is a strong buy on any weakness. His Top Picks today are ones that have not moved yet. The balance sheet on this one is NOT a problem. They have grown their balance sheet recently. They have time before the renewal of their debt. He thinks it will move up sharply when people get more bullish on Natural Gas.

(A Top Pick Nov. 9/17, Up 14%) It is also a Top Pick today.

They made an acquisition in the US. 78% if their revenues should be fracking and most of the rest is coil tubing. He thinks it is an attractive name to own. It's on his watch list as he does more work. If he is right it could be a $20 stock in the next 3-4 years.

He knows there are changes in management. The balance sheet is not bad. Management has to show they have a game plan for growth. Debt went up in the first quarter. It needs to come down. Watch to buy the stock below $9.

They are making the acquisition of Raging River (RRX-T). Raging River will control the merged company afterwards. BTE-T has had quite a few problems. Both stocks reacted negatively when the deal was announced so he would stay away from it.

They have done a fabulous job of growing and the debt is minimal. He thinks the company has significant upside potential. There is a bottoming process taking place in oil and it may be some time before it starts to go back up.

He would not go near this one. It really has not made any money for people for a decade. He prefers SU-T.