Latest Expert Opinions

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Opinion
Expert
COMMENT
COMMENT
March 24, 2020
They announced a $1-billion spending cutback. Their cash flow is right on their dividend, so they could cut the dividend and use that cash to lower their debt. Cash flow is tight with this low oil price. They could endure Q2 without cutting the dividend and cash flow improves along with the oil price. The upstream side will have less cash flow, but downstream could be much more profitable if people return to driving.
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Husky Energy (HSE-T)
March 24, 2020
They announced a $1-billion spending cutback. Their cash flow is right on their dividend, so they could cut the dividend and use that cash to lower their debt. Cash flow is tight with this low oil price. They could endure Q2 without cutting the dividend and cash flow improves along with the oil price. The upstream side will have less cash flow, but downstream could be much more profitable if people return to driving.
BUY WEAKNESS
BUY WEAKNESS
March 24, 2020
All oil has been decimated. Shocking. But these stocks can bounce nicely on optimistic day. They have free cash flow to service their debt. Don't chase it today, but nibble under $12 and hold it for long term. They have a great suite of assets and they will pay down their debt. Down the road, expect buybacks and acquisitions.
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All oil has been decimated. Shocking. But these stocks can bounce nicely on optimistic day. They have free cash flow to service their debt. Don't chase it today, but nibble under $12 and hold it for long term. They have a great suite of assets and they will pay down their debt. Down the road, expect buybacks and acquisitions.
BUY
BUY
March 24, 2020
Enterprise value is very cheap. But the issue is they have debt. They did an infrastructure deal to reduce that debt. A big part of that debt is a 2024 maturity at a low interest rate, so Crew will survive. Their liquids are in a condensate-rich area. The stock has been hammered because of high debt. He's bought more of this in the past week.
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Crew Energy Inc. (CR-T)
March 24, 2020
Enterprise value is very cheap. But the issue is they have debt. They did an infrastructure deal to reduce that debt. A big part of that debt is a 2024 maturity at a low interest rate, so Crew will survive. Their liquids are in a condensate-rich area. The stock has been hammered because of high debt. He's bought more of this in the past week.
BUY WEAKNESS
BUY WEAKNESS
March 24, 2020
It's one of the best-managed Canadian oil companies. The benefit from LNG takeaway on the west coast. They cut their dividend by 60%. It's a good name with reasonable debt and fine managers. True, there are concerns about the CFO and CEO retiring, but they have bench strength. Also, their assets are strong. Buy under $2.80 for the long term.
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It's one of the best-managed Canadian oil companies. The benefit from LNG takeaway on the west coast. They cut their dividend by 60%. It's a good name with reasonable debt and fine managers. True, there are concerns about the CFO and CEO retiring, but they have bench strength. Also, their assets are strong. Buy under $2.80 for the long term.
PAST TOP PICK
PAST TOP PICK
March 24, 2020
(A Top Pick Mar 28/19, Down 90%) That loss reflects the oil sector. But based on their fundamentals, the stock is oversold--all small/medium-caps. This is a long-term hold given its quality assets. He's holding and will add in the near future.
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(A Top Pick Mar 28/19, Down 90%) That loss reflects the oil sector. But based on their fundamentals, the stock is oversold--all small/medium-caps. This is a long-term hold given its quality assets. He's holding and will add in the near future.
PAST TOP PICK
PAST TOP PICK
March 24, 2020
(A Top Pick Mar 28/19, Down 80%) No debt and strong balance sheet. They just replaced their CEO whom he will soon meet. HWO will survive. They cut their dividend to zero. Strong fundamentals means they will endure.
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(A Top Pick Mar 28/19, Down 80%) No debt and strong balance sheet. They just replaced their CEO whom he will soon meet. HWO will survive. They cut their dividend to zero. Strong fundamentals means they will endure.
PAST TOP PICK
PAST TOP PICK
March 24, 2020
(A Top Pick Mar 28/19, Up 100%) They work in Trinidad, drilling for oil onshore. They have long-term potential with a plan to drill three wells in 2019-2020. The first was successful with a well likely to produce in July. A second discovery could come on in early-2021 and add more production. These drills have rallied the stock. He has an 80-cent target, so there's lots of upside. Even in tough times with low prices, successful drilling for oil will pay off.
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(A Top Pick Mar 28/19, Up 100%) They work in Trinidad, drilling for oil onshore. They have long-term potential with a plan to drill three wells in 2019-2020. The first was successful with a well likely to produce in July. A second discovery could come on in early-2021 and add more production. These drills have rallied the stock. He has an 80-cent target, so there's lots of upside. Even in tough times with low prices, successful drilling for oil will pay off.