Latest Expert Opinions

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
September 7, 2018

The company has over $9 billion of debt against $19 billion of equity. He would stay away. Heavy oil differentials are problematic. Book value is $15 per share. He thinks the stock is susceptible to further selling pressure as oil prices are expected to drop below $60 soon on a seasonal basis.

Cenovus Energy (CVE-T)
September 7, 2018

The company has over $9 billion of debt against $19 billion of equity. He would stay away. Heavy oil differentials are problematic. Book value is $15 per share. He thinks the stock is susceptible to further selling pressure as oil prices are expected to drop below $60 soon on a seasonal basis.

Josef Schachter
President, Schachter Asset Management
Price
$11.710
Owned
No
BUY WEAKNESS
BUY WEAKNESS
September 7, 2018

He covers this small cap company. It only has a $49 million market cap. This company does a lot of well recompletions, where there have been historically low recovery rates. He likes the company and management team. He has a target of $3.50 for the shares. Anytime it trades down on weakness it is a buy.

Razor Energy Corp (RZE-T)
September 7, 2018

He covers this small cap company. It only has a $49 million market cap. This company does a lot of well recompletions, where there have been historically low recovery rates. He likes the company and management team. He has a target of $3.50 for the shares. Anytime it trades down on weakness it is a buy.

Josef Schachter
President, Schachter Asset Management
Price
$0.000
Owned
Yes
BUY WEAKNESS
BUY WEAKNESS
September 7, 2018

He likes this company and began coverage in August. It has a book value of $17.39 per share. Debt is $1.6 billion versus equity of $2.7 billion of debt. He has cash flow of $5.58 per share. The dividend is paid monthly and has been raised. When the yield gets to 7% it becomes a “table pounding” buy. Yield 6%. (Analysts’ price target is $57)

He likes this company and began coverage in August. It has a book value of $17.39 per share. Debt is $1.6 billion versus equity of $2.7 billion of debt. He has cash flow of $5.58 per share. The dividend is paid monthly and has been raised. When the yield gets to 7% it becomes a “table pounding” buy. Yield 6%. (Analysts’ price target is $57)

Josef Schachter
President, Schachter Asset Management
Price
$0.000
Owned
Yes
BUY
BUY
September 7, 2018

The book value is $5.74. The balance sheet is not a problem. They have growing production to 23,583 boed. They have $0.14 per share in cash flow. He thinks this could rise to over $1.00 per share in the next few years.

Crew Energy Inc. (CR-T)
September 7, 2018

The book value is $5.74. The balance sheet is not a problem. They have growing production to 23,583 boed. They have $0.14 per share in cash flow. He thinks this could rise to over $1.00 per share in the next few years.

Josef Schachter
President, Schachter Asset Management
Price
$1.780
Owned
Yes
DON'T BUY
DON'T BUY
September 7, 2018

When this stock was $6 he was not a fan and still is not. The company will soon rise to 60% debt on the balance sheet. Baytex taking over Raging River does not seem to make sense to shareholders, in his opinion. He thinks they may be over paying and shareholders will not be in a controlling position. He also thinks operating costs are still too high.

Baytex Energy Corp (BTE-T)
September 7, 2018

When this stock was $6 he was not a fan and still is not. The company will soon rise to 60% debt on the balance sheet. Baytex taking over Raging River does not seem to make sense to shareholders, in his opinion. He thinks they may be over paying and shareholders will not be in a controlling position. He also thinks operating costs are still too high.

Josef Schachter
President, Schachter Asset Management
Price
$3.530
Owned
No
BUY WEAKNESS
BUY WEAKNESS
September 7, 2018

He thinks it is pretty cheap right now. The company made an acquisition in Oklahoma giving them more fracing assets, which he likes. Investors are a little concerned about infrastructure capacity constraints in the Permian. He has a 12 month target price of $15 and is looking for an entry in this soon.

He thinks it is pretty cheap right now. The company made an acquisition in Oklahoma giving them more fracing assets, which he likes. Investors are a little concerned about infrastructure capacity constraints in the Permian. He has a 12 month target price of $15 and is looking for an entry in this soon.

Josef Schachter
President, Schachter Asset Management
Price
$6.080
Owned
No
HOLD
HOLD
September 7, 2018

He sees the pipeline sector under political attack, despite the need for expansions and Premier Notley doing the best she can with a bad hand of cards. This is a well-managed company with a good dividend. Any time it trades under $40 per share it is a buy. Yield 5.3%.

He sees the pipeline sector under political attack, despite the need for expansions and Premier Notley doing the best she can with a bad hand of cards. This is a well-managed company with a good dividend. Any time it trades under $40 per share it is a buy. Yield 5.3%.

Josef Schachter
President, Schachter Asset Management
Price
$43.520
Owned
No