Latest Expert Opinions

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
November 15, 2019
Their decision to move to the US to attract more investors is not likely to work. They are competing with massive Permian producers. He discredits the CEO who joined, earned $70 million in compensation, but has only invested in $1 million in company shares. He can't back someone like that.
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Encana Corp (ECA-T)
November 15, 2019
Their decision to move to the US to attract more investors is not likely to work. They are competing with massive Permian producers. He discredits the CEO who joined, earned $70 million in compensation, but has only invested in $1 million in company shares. He can't back someone like that.
HOLD
HOLD
November 15, 2019
He thinks there are too few energy players to make the space relevant -- and that is true for the entire space. Only the larger players will get investor interest. He sold this at $0.84 and thought that was the low. The concern he has is that they are not using free cash flow to buy shares, but that has changed. They have taken down a field for maintenance and it is not producer like before -- he has to research this further.
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He thinks there are too few energy players to make the space relevant -- and that is true for the entire space. Only the larger players will get investor interest. He sold this at $0.84 and thought that was the low. The concern he has is that they are not using free cash flow to buy shares, but that has changed. They have taken down a field for maintenance and it is not producer like before -- he has to research this further.
HOLD
HOLD
November 15, 2019
The new CEO has payed down debt, rationalized assets and bought back stock. They are now monetizing assets at 10 times cash flow when the company is only trading at 2.8 times. All good things. If it traded back to 5 times cash flow, its share price would rise 100%.
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The new CEO has payed down debt, rationalized assets and bought back stock. They are now monetizing assets at 10 times cash flow when the company is only trading at 2.8 times. All good things. If it traded back to 5 times cash flow, its share price would rise 100%.
BUY
BUY
November 15, 2019
He bought near the lows when there was fear it would be removed from the index. He thinks it should be trading near $6. Their market cap is lower than the capital they raised to purchase an asset from Cenovus. They released an update on new production that validated the purchase. He continues to own it. Their operations can support a continued 15% growth on future cash flow. He sees good upside.
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Nuvista Energy Ltd (NVA-T)
November 15, 2019
He bought near the lows when there was fear it would be removed from the index. He thinks it should be trading near $6. Their market cap is lower than the capital they raised to purchase an asset from Cenovus. They released an update on new production that validated the purchase. He continues to own it. Their operations can support a continued 15% growth on future cash flow. He sees good upside.
TOP PICK
TOP PICK
November 15, 2019
They continue to buy back shares. They can grow 5%, buy back 10% of their shares and still have positive cash flow. They are looking to increase their inventory in Colombia. Yield 0% (Analysts’ price target is $30.04)
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They continue to buy back shares. They can grow 5%, buy back 10% of their shares and still have positive cash flow. They are looking to increase their inventory in Colombia. Yield 0% (Analysts’ price target is $30.04)
TOP PICK
TOP PICK
November 15, 2019
A very boring company that pays a high yield that is sustainable down to $40 oil. He has known management a long time. It likes being paid to wait for valuations to return. Their balance sheet is strong. Yield 8.29% (Analysts’ price target is $5.86)
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Torc Oil & Gas Ltd (TOG-T)
November 15, 2019
A very boring company that pays a high yield that is sustainable down to $40 oil. He has known management a long time. It likes being paid to wait for valuations to return. Their balance sheet is strong. Yield 8.29% (Analysts’ price target is $5.86)
TOP PICK
TOP PICK
November 15, 2019
A high yield that is sustainable down to $49 oil. There is still good upside on valuation metrics. They have modest decline rates. He likes how they buy back their own shares. It is trading at 85% of its reserve blow down value. Yield 8.26% (Analysts’ price target is $6.55)
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Whitecap Resources (WCP-T)
November 15, 2019
A high yield that is sustainable down to $49 oil. There is still good upside on valuation metrics. They have modest decline rates. He likes how they buy back their own shares. It is trading at 85% of its reserve blow down value. Yield 8.26% (Analysts’ price target is $6.55)