Today, Eric Nuttall commented about whether BIR-T, SU-T, BNE-T, NVA-T, TVE-T, ATH-T, BTE-T, MEG-T, TOU-T, PXT-T, WCP-T, FRU-T, TOG-T, ERF-T, CVE-T, WCP-T are stocks to buy or sell.
Trading at 2.2x enterprise value to cashflow, which is cheaper than earlier this year. Q1 of next year should see a material share buyback. Trading at a 30% free cashflow yield. The low valuation will be rerated. Could trade at a 5x multiple, which would be a 153% upside. (Analysts’ price target is $12.19)
(A Top Pick Sep 18/20, Up 167%) Gives you good exposure to the commodity price without taking on exploration risk. The stock was mispriced when he recommended it. Has done a series of acquisitions.