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

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Eric Nuttall , Portfolio Manager

Sprott Assett Management


Date Signal Chart Symbol Company Opinion Price
2014-04-17 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets.  Fundamentals have been exceptional for a while now, but it is about the US investors who are now interested.  Due to rail, we have ample take away capacity.  The valuation between oil and gas stocks between Canada and US is narrowing.  The first quarter of this year is the best quarter in 11 years for his fund.  The gas picture is all due to weather.  We ate away a ton of storage.  The storage situation in Alberta is at a critical level.  Demand for Canadian gas is very, very high, but the availability is very low.  Thinks Gateway will not get approved.  We have the first Canadian company shipping out of the Gulf of Mexico.


Price:
$0.020
Subject:
OIL & GAS
Bias:
BULL on OIL & GAS
Owned:
_N/A
2014-04-17 HOLD Must be logged in to use chart AAV-T Advantage Oil & Gas Ltd

Short and mid-term outlook for gas has improved, but now you are questioning if some of the gas names have gone up too much.  This one is 90% gas, fairly unhedged and was a name people did not like because little liquids.  He could see it rising a bit more, but not more than 10-15%.


Price:
$6.310
Subject:
OIL & GAS
Bias:
BULL on OIL & GAS
Owned:
Unknown
2014-04-17 SELL ON STRENGTH Must be logged in to use chart AET.UN-T Argent Energy Trust

When stocks are cheap in this sector, they are cheap for a reason.  This one he has been very cautious on.  The leverage is far too high.  You might get a bit of a bounce.


Price:
$3.220
Subject:
OIL & GAS
Bias:
BULL on OIL & GAS
Owned:
Unknown
2014-04-17 DON'T BUY Must be logged in to use chart ATH-T Athabaska Oil Sands Corp

It is cheap in terms of market price vs net asset value.  $12 vs $8.08.  There is a general concern however about over promising and under delivering.  They just sold an asset to China and will put capital into Duvernay property. Prefers others.


Price:
$8.280
Subject:
OIL & GAS
Bias:
BULL on OIL & GAS
Owned:
Unknown
2014-04-17 BUY Must be logged in to use chart CNQ-T Canadian Natural Rsrcs

Thinks it will continue to do well because it is still trading at a substantial discount to peers.  Thinks their cash flow consensus is actually too low because of the Nat Gas assets they hold.


Price:
$44.750
Subject:
OIL & GAS
Bias:
BULL on OIL & GAS
Owned:
Unknown
2014-04-17 PAST TOP PICK Must be logged in to use chart CPG-T Crescent Point Energy Corp

(Top Pick Apr 17/13, Up 35.19%) A frustrating name but two weeks ago announced success with an asset.  Finally people are caring about the company.  Re-ratings are taking place in the market place and soon will be done by analysts.


Price:
$44.500
Subject:
OIL & GAS
Bias:
BULL on OIL & GAS
Owned:
Yes
2014-04-17 BUY Must be logged in to use chart LEG-T Legacy Oil and Gas Inc.

He bought in again.  The asset quality is very good.  The capital exit by US investors has reversed.  They regained a lot of their lost momentum.  Their wells are hugely economic.  They will reduce leverage on their balance sheet.  He would not wait for it to pull back.


Price:
$8.490
Subject:
OIL & GAS
Bias:
BULL on OIL & GAS
Owned:
Yes
2014-04-17 WATCH Must be logged in to use chart LNV-T Longview Oil

Consider selling it and putting money into another name.  He is concerned about the overall asset quality in general.  If they showed him they could meet capital efficiency numbers, he would buy the stock.  4.9% distribution.


Price:
$6.770
Subject:
OIL & GAS
Bias:
BULL on OIL & GAS
Owned:
Unknown
2014-04-17 HOLD Must be logged in to use chart LRE-T Long Run Exploration

Bought assets off Crew Energy last week, but it was not accretive in his mind.  It just added to the inventory.  7.1% yield is a bit rich.  Let it run a bit more, but there are better names for new capital.


Price:
$5.580
Subject:
OIL & GAS
Bias:
BULL on OIL & GAS
Owned:
No
2014-04-17 DON'T BUY Must be logged in to use chart MEI-X Manitok Energy

They are running out of running room in one of their assets.  He thinks the market does not understand the steps they are taking on other drilling.  So he would not buy it.


Price:
$2.380
Subject:
OIL & GAS
Bias:
BULL on OIL & GAS
Owned:
No
2014-04-17 DON'T BUY Must be logged in to use chart PGF-T Pengrowth Energy

New oil field coming in 2015, but for the remainder of this year there is no production growth and they are paying a dividend as well as having increasing debt.  Prefers other names that pay a sustainable yield or have production growth.


Price:
$7.040
Subject:
OIL & GAS
Bias:
BULL on OIL & GAS
Owned:
No
2014-04-17 TOP PICK Must be logged in to use chart POU-T Paramount Resources

Has a facility coming on stream in 6 months.  This asset will kick off a tremendous amount of free cash flow.  They are in one of the hottest areas in the deep basin in Alberta.  It might get pulled back a little, but he can’t tell you how much momentum is coming from US buyers.  Just because it has been parabolic, that doesn’t mean it has to pull back from here.


Price:
$57.330
Subject:
OIL & GAS
Bias:
BULL on OIL & GAS
Owned:
Yes
2014-04-17 HOLD Must be logged in to use chart PPY-T Painted Pony Petroleum

Had a huge run off the lows.  They might sell an asset to fund a build out.  Sees strength continuing for Nat Gas price.


Price:
$11.400
Subject:
OIL & GAS
Bias:
BULL on OIL & GAS
Owned:
No
2014-04-17 DON'T BUY Must be logged in to use chart PRY-X Pinecrest Energy

Strong concerns.  Reservoir has high declines.  They hoped to do water flood, but it did not meet management expectations or those of the street.  Production is falling.  He is not interested.


Price:
$0.170
Subject:
OIL & GAS
Bias:
BULL on OIL & GAS
Owned:
No
2014-04-17 DON'T BUY Must be logged in to use chart PWT-T Penn West Petroleum

Successfully divested assets in order to lower debt.  Efficiencies are improving.  He struggles with the fact that other names are working very, very well and what PWT are doing will take a long time.  5.5% dividend yield.


Price:
$10.320
Subject:
OIL & GAS
Bias:
BULL on OIL & GAS
Owned:
Unknown
Showing 1 to 15 of 711 entries
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4 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!


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