Latest Expert Opinions

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
December 14, 2018
He has not held PD-T for quite a while. It has fallen below $3, which was his previous buy target. He sees the current tax loss selling impacting the entire sector and will create great opportunities. However, he thinks there are better opportunities in the E&P sector. He thinks it is cheap and you would make money, but he prefers other holdings.
Precision Drilling(PD-T)
December 14, 2018
He has not held PD-T for quite a while. It has fallen below $3, which was his previous buy target. He sees the current tax loss selling impacting the entire sector and will create great opportunities. However, he thinks there are better opportunities in the E&P sector. He thinks it is cheap and you would make money, but he prefers other holdings.
Eric Nuttall
Partner & Senior Portfolio Manager, Ninepoint Partners
Price
$2.510
Owned
No
COMMENT
COMMENT
December 14, 2018
Steady income? He thinks the recent budget for SU-T showing production growth with refining assets makes them pretty stable. He thinks there are lots of others that will recover much quicker -- like Cenovus (CVE-T). Yield 3.6%
Suncor Energy Inc(SU-T)
December 14, 2018
Steady income? He thinks the recent budget for SU-T showing production growth with refining assets makes them pretty stable. He thinks there are lots of others that will recover much quicker -- like Cenovus (CVE-T). Yield 3.6%
Eric Nuttall
Partner & Senior Portfolio Manager, Ninepoint Partners
Price
$39.620
Owned
Unknown
COMMENT
COMMENT
December 14, 2018
Steady income? He thinks the recent budget for SU-T showing production growth with refining assets makes them pretty stable. He thinks there are lots of others that will recover much quicker -- like Cenovus (CVE-T). Yield 3.6%
Cenovus Energy(CVE-T)
December 14, 2018
Steady income? He thinks the recent budget for SU-T showing production growth with refining assets makes them pretty stable. He thinks there are lots of others that will recover much quicker -- like Cenovus (CVE-T). Yield 3.6%
Eric Nuttall
Partner & Senior Portfolio Manager, Ninepoint Partners
Price
$10.260
Owned
Unknown
BUY
BUY
December 14, 2018
When MEG-T is gone, ATH-T will be the highest levered company to tightening heavy differentials. They trade on 11 times cash flow and that can fall to 4.5 times with a tighter heavy differential. He sees heavy differentials at $20. He sees a target of $2.67 in share price. He is the second largest shareholder in this company. (Analysts’ price target is $2.16)
When MEG-T is gone, ATH-T will be the highest levered company to tightening heavy differentials. They trade on 11 times cash flow and that can fall to 4.5 times with a tighter heavy differential. He sees heavy differentials at $20. He sees a target of $2.67 in share price. He is the second largest shareholder in this company. (Analysts’ price target is $2.16)
Eric Nuttall
Partner & Senior Portfolio Manager, Ninepoint Partners
Price
$1.060
Owned
Yes
TOP PICK
TOP PICK
December 14, 2018
This offers great leverage to higher oil prices and tighter heavy oil differentials.. Over 37% of their cash flow comes from the Eagleford and have enormous exposure to the Duvernay. The value of this asset is in excess of the share price. It has had enormous tax loss selling recently, so it has great upside. At $60 WTI prices, he gets about a $4 share price. Yield 0%. (Analysts’ price target is $5.09)
Baytex Energy Corp(BTE-T)
December 14, 2018
This offers great leverage to higher oil prices and tighter heavy oil differentials.. Over 37% of their cash flow comes from the Eagleford and have enormous exposure to the Duvernay. The value of this asset is in excess of the share price. It has had enormous tax loss selling recently, so it has great upside. At $60 WTI prices, he gets about a $4 share price. Yield 0%. (Analysts’ price target is $5.09)
Eric Nuttall
Partner & Senior Portfolio Manager, Ninepoint Partners
Price
$2.370
Owned
Yes
TOP PICK
TOP PICK
December 14, 2018
A pure Permian and Bakken play that has been hurt recently. On a 2020 year basis, once pipeline differentials go away this will trade up by 80% or more on a $60 oil price. Yield 0%. (Analysts’ price target is $22.95)
WPX Energy Inc.(WPX-N)
December 14, 2018
A pure Permian and Bakken play that has been hurt recently. On a 2020 year basis, once pipeline differentials go away this will trade up by 80% or more on a $60 oil price. Yield 0%. (Analysts’ price target is $22.95)
Eric Nuttall
Partner & Senior Portfolio Manager, Ninepoint Partners
Price
$12.080
Owned
Yes
TOP PICK
TOP PICK
December 14, 2018
They have a 30 year drilling inventory in the Permian. It trades at only 3 times cash flow for the 2020 time period -- offering tremendous upside potential. Yield 0%. (Analysts’ price target is $36.90)
Parsley Energy(PE-N)
December 14, 2018
They have a 30 year drilling inventory in the Permian. It trades at only 3 times cash flow for the 2020 time period -- offering tremendous upside potential. Yield 0%. (Analysts’ price target is $36.90)
Eric Nuttall
Partner & Senior Portfolio Manager, Ninepoint Partners
Price
$16.430
Owned
Yes