Latest Stock Buy or Sell?
Today, Eric Nuttall and David Driscoll commented about whether ATD.B-T, ENGH-T, HEI-N, BAM.A-T, NFI-T, HDB-N, BAC-N, NPI-T, ING-N, FB-Q, STE-N, CB-N, AOS-N, CMD-N, AMTD-Q, FCFS-N, UN-N, JM-SP, MSFT-Q, AMZN-Q, ARX-T, TOG-T, ERF-T, CVE-T, MEG-T, CPG-T, SGY-T, BTE-T, MEG-T, CVE-T, ATH-T, WPX-N, BTE-T, TOG-T, WCP-T, ARX-T, TCW-T, NVA-T, CR-T, VII-T, SES-T, ATH-T, WCP-T, VET-T, ARX-T, TOU-T are stocks to buy or sell.
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$5.120
Unknown
A takeout target? MEG-T is not his largest holding as they have more leverage than he is comfortable with. Their low cost structure and 65 years of production life, he sees them being able to de-leverage themselves back to 2 times cash flow over the next two years. The company will generate over 20% free cash yield at $55 WTI prices and $17.50 heavy oil differential. This makes them the #1 M&A target in Canada -- maybe CVE-T.
A takeout target? MEG-T is not his largest holding as they have more leverage than he is comfortable with. Their low cost structure and 65 years of production life, he sees them being able to de-leverage themselves back to 2 times cash flow over the next two years. The company will generate over 20% free cash yield at $55 WTI prices and $17.50 heavy oil differential. This makes them the #1 M&A target in Canada -- maybe CVE-T.
