stockchase picture

Compiling comments that experts make about stocks while on public TV.

Expert Index

List by First Name

List by Last Name

Eric Nuttall , Portfolio Manager

Sprott Assett Management


Date Signal Chart Symbol Company Opinion Price
2014-10-17 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets.  This is the best time in 5 years to buy energy stocks.  It is the best correction going back to 08/09.  It was not the speculative names, but the majors.  Physical demand for oil world wide remains strong.  You look at inventory spreads.  Demand is up over a million barrels a day, but financial demand for oil is very, very weak. These are people who do not expect delivery of the oil when they invest in the future.  There has been a trade to sell oil because it was strong.  This put enormous short term pressure on the price of oil.  It is thought that oil futures are grossly oversold.  US oil companies are massively outspending cash flow.  As the price hits $80 going up, their cap-X should respond.  Companies are now thinking about their 2015 spending plans.  This weak oil price is very much a self correcting oil price.  The opportunity is in Canadian oil companies and in the ones that have simply sold down with the market.


Price:
$0.020
Subject:
OIL & GAS
Bias:
BULLISH on OIL
Owned:
_N/A
2014-10-17 PAST TOP PICK Must be logged in to use chart ATH-T Athabaska Oil Sands Corp

(Top Pick Sep 25/13, Down 38.25%) He got out in the mid $7s.  They settled with first nations.  The challenge now is the indiscriminant selling in the energy market and which ones to buy.


Price:
$4.350
Subject:
OIL & GAS
Bias:
BULLISH on OIL
Owned:
No
2014-10-17 DON'T BUY Must be logged in to use chart BNP-T Bonavista Energy Corp

Great team, but on his uninvestible list because of their debt.


Price:
$11.450
Subject:
OIL & GAS
Bias:
BULLISH on OIL
Owned:
No
2014-10-17 DON'T BUY Must be logged in to use chart CFW-T Calfrac Well Services Ltd

He has eliminated all his service exposure except for two companies, two days ago.  CFW-T’s margin expansion will not happen and budgets will not be as aggressive as they would have been two months ago.  The whole thesis for buying these names has evaporated. Prefers producers who have hedging.


Price:
$13.550
Subject:
OIL & GAS
Bias:
BULLISH on OIL
Owned:
No
2014-10-17 BUY Must be logged in to use chart CJ-T Cardinal Energy Ltd

It is a good buy although it does not trade enough for him to get into it.  Their decline rates are amongst the lowest in the business.  The yield is a little low.  It does well in terms of capital appreciation.  It is a good name.


Price:
$17.100
Subject:
OIL & GAS
Bias:
BULLISH on OIL
Owned:
No
2014-10-17 HOLD Must be logged in to use chart CPG-T Crescent Point Energy Corp

120% payout ratio with low oil prices.  But their cash flow sensitivity is not that related to the oil price.  The dividend is safe. 


Price:
$37.680
Subject:
OIL & GAS
Bias:
BULLISH on OIL
Owned:
Unknown
2014-10-17 BUY Must be logged in to use chart DTX-T DeeThree Exploration

Rock solid balance sheet and wells are getting better year after year.


Price:
$7.050
Subject:
OIL & GAS
Bias:
BULLISH on OIL
Owned:
Unknown
2014-10-17 BUY Must be logged in to use chart IKM-X Ikkuma Resources

Was buying this stock this morning.  Was a past pick a month and a half ago.  This is an opportunity.


Price:
$1.740
Subject:
OIL & GAS
Bias:
BULLISH on OIL
Owned:
Yes
2014-10-17 PAST TOP PICK Must be logged in to use chart LEG-T Legacy Oil and Gas Inc.

(Top Pick Sep 25/13, Down 22%) He switched out this week after management issued themselves another 900k of performance units.  It is a name where they did a great job of reducing leverage.  He does not know what they have to do to gain investor traction.


Price:
$4.950
Subject:
OIL & GAS
Bias:
BULLISH on OIL
Owned:
No
2014-10-17 DON'T BUY Must be logged in to use chart LRE-T Long Run Exploration

120% payout ratio.  They could dial back Cap-X spending.  The price of oil would have to stay back for a couple of years in order to cause a dividend cut.


Price:
$3.570
Subject:
OIL & GAS
Bias:
BULLISH on OIL
Owned:
Unknown
2014-10-17 SELL Must be logged in to use chart LTS-T Lightstream Resources

Not a prime takeover candidate, payout ratio of 155%. He would not own this one.


Price:
$3.940
Subject:
OIL & GAS
Bias:
BULLISH on OIL
Owned:
Unknown
2014-10-17 DON'T BUY Must be logged in to use chart PNE-X Pine Cliff Energy

They can still have some element of free cash flow.  He has no idea if this will be a cold winter.  He prefers oil.


Price:
$1.560
Subject:
OIL & GAS
Bias:
BULLISH on OIL
Owned:
No
2014-10-17 SELL Must be logged in to use chart PXX-T BlackPearl Resources Inc

This is a heavy oil producer and the differential is very small.  Their project, however, requires massive funding.  There are such great opportunities in businesses that are fully funded.  Move money into his top picks today.


Price:
$1.730
Subject:
OIL & GAS
Bias:
BULLISH on OIL
Owned:
Unknown
2014-10-17 TOP PICK Must be logged in to use chart SPE-T Spartan Energy Corp

Best prospects of any North American oil company.  This is part of a flight to quality.  They have so little debt.  They have a seven year inventory of wells.  There is a possibility they could be a full year ahead of their production success. Can grow cash flow at 29%.  They could massively surprise to the upside if the remainder of their drilling program come in as expected.  Strong balance sheet.


Price:
$3.180
Subject:
OIL & GAS
Bias:
BULLISH on OIL
Owned:
Yes
2014-10-17 HOLD Must be logged in to use chart TBE-T Twin Butte Energy

Management ran into sharp objects last year.  They then had decline rate issues. The dividend is safe.  Collect the 13% yield and wait for it to go back up.


Price:
$1.530
Subject:
OIL & GAS
Bias:
BULLISH on OIL
Owned:
Unknown
Showing 1 to 15 of 806 entries
First Previous 1 2 3 4 5 Next Last

5 Comments

petersirie

December 17th 2012 at 6:46pm

Keep up the quality commentary please. I have really appreciated your insight.

boblewellyn@yah

March 16th 2013 at 7:50pm

There is a report that Petrobakken has started a gas injection program that has substantially increased their production and reserves. Stock closed at $9.50 on Friday, March 15, 2013, probably because of this report.

car2nz

April 10th 2014 at 3:12pm

When Eric says BUY...You should be SELLING ...When he says Sell...You should be BUYING. He is consistently WRONG! It's amazing!

BeauRegard

April 21st 2014 at 3:36pm

Not the sharpest knife in the drawer!

CH-Investments

April 26th 2014 at 10:04am

Not a fan of all his picks but some of them have great potential to generate a large profit. Have found a number of decent picks here and have done my own analysis which has made me operate at a decent profit.


You must be logged in to comment.