Latest Expert Opinions

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
March 8, 2019
Should I buy Suncor now until the market turns and then buy a smaller cap with more torque? Do you want to own large cap integrated or mid cap? If he can buy names now at 25-30% free cash flows, he is willing to take on a little more volatility. If you are not invested when that turn happens, you might miss the opportunity because they likely could gap up 10% in a few day. He would be more in the midcaps than where everyone else is hiding such as in Suncor.
Should I buy Suncor now until the market turns and then buy a smaller cap with more torque? Do you want to own large cap integrated or mid cap? If he can buy names now at 25-30% free cash flows, he is willing to take on a little more volatility. If you are not invested when that turn happens, you might miss the opportunity because they likely could gap up 10% in a few day. He would be more in the midcaps than where everyone else is hiding such as in Suncor.
Eric Nuttall
Partner & Senior Portfolio Manager, Ninepoint Partners
Price
$43.700
Owned
No
BUY
BUY
March 8, 2019
This is in the small mid cap space. They are geographically diverse and this is a concern. At $60 oil, the dividend is absolutely safe. They are trading at 87% of the wells that are on stream today. So everything else you are getting for free. Very undervalued.
This is in the small mid cap space. They are geographically diverse and this is a concern. At $60 oil, the dividend is absolutely safe. They are trading at 87% of the wells that are on stream today. So everything else you are getting for free. Very undervalued.
Eric Nuttall
Partner & Senior Portfolio Manager, Ninepoint Partners
Price
$4.290
Owned
Unknown
BUY
BUY
March 8, 2019
Their asset write down was meaningless. Their reserves did not change which is what he cares about. They will generate $400M free cashflow. The stock is trading below their blowdown value. They are doing the right thing by slowing down the drilling and buying back stock. Management are doing the right thing.
Their asset write down was meaningless. Their reserves did not change which is what he cares about. They will generate $400M free cashflow. The stock is trading below their blowdown value. They are doing the right thing by slowing down the drilling and buying back stock. Management are doing the right thing.
Eric Nuttall
Partner & Senior Portfolio Manager, Ninepoint Partners
Price
$4.040
Owned
Unknown
DON'T BUY
DON'T BUY
March 8, 2019
Their debt is too high and lack the financial flexibility that others have. He sees other opportunities that do not have this balance sheet issue.
Their debt is too high and lack the financial flexibility that others have. He sees other opportunities that do not have this balance sheet issue.
Eric Nuttall
Partner & Senior Portfolio Manager, Ninepoint Partners
Price
$0.610
Owned
No
DON'T BUY
DON'T BUY
March 8, 2019
He is extremely active in trading in his fund. He may recommend a stock today, but get out of it next month because of situations. They put out a horrible Q4. Their entry in the US was horrific timing. He is not comfortable with this name anymore.
He is extremely active in trading in his fund. He may recommend a stock today, but get out of it next month because of situations. They put out a horrible Q4. Their entry in the US was horrific timing. He is not comfortable with this name anymore.
Eric Nuttall
Partner & Senior Portfolio Manager, Ninepoint Partners
Price
$1.760
Owned
No
DON'T BUY
DON'T BUY
March 8, 2019
This is not a bad name. He sees risk on the asset disposition. The list of buyers for Canadian oil sand properties is not that extensive. If you want US exposure he would go elsewhere.
This is not a bad name. He sees risk on the asset disposition. The list of buyers for Canadian oil sand properties is not that extensive. If you want US exposure he would go elsewhere.
Eric Nuttall
Partner & Senior Portfolio Manager, Ninepoint Partners
Price
$26.710
Owned
No
TOP PICK
TOP PICK
March 8, 2019
Gives good exposure to the Permian with some Balkan. Growing by 22% this year. About a year out from buying back stock or dividends. There is 100% upside to this name with a recovering oil price. Has good exposure to light oil. Yield = 0.53% (Analysts’ price target is $149.00)
WPX Energy Inc.(WPX-N)
March 8, 2019
Gives good exposure to the Permian with some Balkan. Growing by 22% this year. About a year out from buying back stock or dividends. There is 100% upside to this name with a recovering oil price. Has good exposure to light oil. Yield = 0.53% (Analysts’ price target is $149.00)
Eric Nuttall
Partner & Senior Portfolio Manager, Ninepoint Partners
Price
$11.410
Owned
Yes