Latest Expert Opinions

Signal
Opinion
Expert
BUY WEAKNESS
BUY WEAKNESS
April 18, 2019
Why do they have to sell assets? Debt is 65% debt to equity. Cut the dividend. Want to pay down debt by about 1B. In the doghouse right now. Leadership is a question mark, as well as what's a core asset. It's had a bounce, up about 50%. Fabulous recovery. Stocks will cool off in Q2, but will come back in Q4. Dips are windows to buy. Numbers are cheap based on cash flow, but the problem is the debt. May be of interest if it gets below $4.50.
Why do they have to sell assets? Debt is 65% debt to equity. Cut the dividend. Want to pay down debt by about 1B. In the doghouse right now. Leadership is a question mark, as well as what's a core asset. It's had a bounce, up about 50%. Fabulous recovery. Stocks will cool off in Q2, but will come back in Q4. Dips are windows to buy. Numbers are cheap based on cash flow, but the problem is the debt. May be of interest if it gets below $4.50.
Josef Schachter
President, Schachter Asset Management
Price
$5.480
Owned
Yes
DON'T BUY
DON'T BUY
April 18, 2019
New interim president and CEO. Pretty good numbers on cardium wells. Issue is the debt. Debt is 22% of equity, but it's going the wrong way. Declining production and volumes. Not as attractive as the others. Need to show they can grow core numbers of the cardium. Guidance is negative. Capex is about equal to cash flow.
Obsidian Energy(OBE-T)
April 18, 2019
New interim president and CEO. Pretty good numbers on cardium wells. Issue is the debt. Debt is 22% of equity, but it's going the wrong way. Declining production and volumes. Not as attractive as the others. Need to show they can grow core numbers of the cardium. Guidance is negative. Capex is about equal to cash flow.
Josef Schachter
President, Schachter Asset Management
Price
$0.430
Owned
Unknown
BUY
BUY
April 18, 2019
About a 5.6% dividend yield, and they want to follow the dividend model. 84% oil. Sees them having growth in production this year. Really likes it. Target of $8 in 12 months. Prefers Whitecap to Crescent Point.
About a 5.6% dividend yield, and they want to follow the dividend model. 84% oil. Sees them having growth in production this year. Really likes it. Target of $8 in 12 months. Prefers Whitecap to Crescent Point.
Josef Schachter
President, Schachter Asset Management
Price
$5.540
Owned
Yes
BUY WEAKNESS
BUY WEAKNESS
April 18, 2019
Debt is lower than peers. Equity's going up, debt is going down. Likes the company. He projects 200M in cash flow this year. It's on his watch list. Has a $5 target. If it gets under $2.50, it's a table-pounding buy. It's a buy on weakness, which we might get in Q2.
Debt is lower than peers. Equity's going up, debt is going down. Likes the company. He projects 200M in cash flow this year. It's on his watch list. Has a $5 target. If it gets under $2.50, it's a table-pounding buy. It's a buy on weakness, which we might get in Q2.
Josef Schachter
President, Schachter Asset Management
Price
$2.860
Owned
No
WATCH
WATCH
April 18, 2019
If you believe price of oil is not going over $60-70, and if you believe no egress in takeaway capacity, the bear side comes through. A major shareholder just bought more stock. On the value of barrels in the ground, this is like a lottery ticket on oil if it goes to $100. He sees $100 oil on a consistent basis in next few years, but until then the stock will languish.
Pengrowth Energy(PGF-T)
April 18, 2019
If you believe price of oil is not going over $60-70, and if you believe no egress in takeaway capacity, the bear side comes through. A major shareholder just bought more stock. On the value of barrels in the ground, this is like a lottery ticket on oil if it goes to $100. He sees $100 oil on a consistent basis in next few years, but until then the stock will languish.
Josef Schachter
President, Schachter Asset Management
Price
$0.550
Owned
Unknown
DON'T BUY
DON'T BUY
April 18, 2019
Not a fan. Debt level is high at 69%. Narrowing differentials is helping. Management increased its pay package, even though stock is on sale at 2 for 1. This isn't right. When you get your proxy, take a stand and make your vote count.
Not a fan. Debt level is high at 69%. Narrowing differentials is helping. Management increased its pay package, even though stock is on sale at 2 for 1. This isn't right. When you get your proxy, take a stand and make your vote count.
Josef Schachter
President, Schachter Asset Management
Price
$2.800
Owned
No
BUY
BUY
April 18, 2019
Balance sheet in great shape. Started paying a dividend again. Lots of cash. Good prices on natural gas production. Book value is $19.51. For long-term investors, if the stock goes to $16-17 plus the dividend, that's a pretty good return.
Husky Energy(HSE-T)
April 18, 2019
Balance sheet in great shape. Started paying a dividend again. Lots of cash. Good prices on natural gas production. Book value is $19.51. For long-term investors, if the stock goes to $16-17 plus the dividend, that's a pretty good return.
Josef Schachter
President, Schachter Asset Management
Price
$14.490
Owned
Unknown