Today, Josef Schachter commented about whether TXP-T, SGY-T, CR-T, PGF-T, HWO-T, BIR-T, CQE-T, CNQ-T, TDG-T, PRQ-T, IPO-T, CPG-T, CNE-T, PIPE-T, TCW-T, ARX-T, OBE-T, WCP-T, VET-T are stocks to buy or sell.
Some investors are concerned about the debt. The balance sheet is okay to him. They are using excess cash flow to pay down debt and can ramp up production as we see LNG projects coming on line. He has a $1.80 target. (Analysts’ price target is $1.36)