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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
2014-06-09 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets.  Kind of a perfect storm.  Sentiment is at its best in years.  The greatest frustration was that fundamentals were sound, but we were in an environment where buyers didn’t give a damn, but now things have changed.  We are seeing US and Canadians coming back.  Falling Loonie, high Nat Gas price and best environment in 10 years, and narrowing in differential are all factors for the energy sector.  Last winter was one of the coldest on record and we had one of the largest Nat Gas withdrawals ever.  You would think production would be up, but it are actually down.  If we have a very cool summer (Florida, Texas, etc.) that would be a risk to Nat Gas.


Price:
$0.020
Subject:
OIL & GAS
Bias:
BULL on GAS
Owned:
_N/A
2014-06-09 DON'T BUY Must be logged in to use chart AET.UN-T Argent Energy Trust

Well results never did hit what they expected.  To say there is value in this name is hard.  A different operator may well produce better well results. 


Price:
$2.680
Subject:
OIL & GAS
Bias:
BULL on GAS
Owned:
Unknown
2014-06-09 HOLD Must be logged in to use chart ATH-T Athabaska Oil Sands Corp

Has not been reacting to oil or gas rally.  They are 50/50 oil and gas.  There has been some disagreement as to how much the company is valued at.  The company does not have a good history of hitting timelines or production estimates.  It’s just not a name he needs to own.


Price:
$7.220
Subject:
OIL & GAS
Bias:
BULL on GAS
Owned:
Unknown
2014-06-09 HOLD Must be logged in to use chart BNE-T Bonterra Energy Corp

(Market Call Minute) Steady eddy name that won’t make you rich from here.  Trading at a premium to names he would recommend so if you own it just collect the dividend.  Safe business model.


Price:
$59.810
Subject:
OIL & GAS
Bias:
BULL on OIL & GAS
Owned:
Unknown
2014-06-09 DON'T BUY Must be logged in to use chart BNP-T Bonavista Energy Corp

Doesn’t own, but he is calling for a rally in Nat Gas.  These guys hedged a huge amount of production so you won’t get the sensitivity to gas prices. 


Price:
$16.350
Subject:
OIL & GAS
Bias:
BULL on GAS
Owned:
Unknown
2014-06-09 DON'T BUY Must be logged in to use chart BXE-T Bellatrix Exploration Ltd.

Thinks this has become un-investable after coming to market for $250 Million, then cut the size of the deal.  The big question was concern over their execution with 3 JVs.  They didn’t really have a use of proceeds.  Something doesn’t add up.


Price:
$9.010
Subject:
OIL & GAS
Bias:
BULL on GAS
Owned:
Unknown
2014-06-09 PAST TOP PICK Must be logged in to use chart CLR-N Continental Resources

(Top Pick Jun 20/13, Up 73.88%) He sold as a rotation out of US names.  Opportunity remains in Canada with other stocks like this one.


Price:
$145.810
Subject:
OIL & GAS
Bias:
BULL on GAS
Owned:
No
2014-06-09 PAST TOP PICK Must be logged in to use chart CPG-T Crescent Point Energy Corp

(Top Pick Jun 20/13, Up 34.69%) A name to stick away.  Last year they took a break from M&A.  Thinks they will exceed expectations in Q2.  Management alluded to the fact that they would try to export oil out of Gulf of Mexico at US prices.  They are the most aggressive pursuer of this strategy.  The overall viability of their business model is getting better and better.  He owns a big whack of the stock personally.


Price:
$44.830
Subject:
OIL & GAS
Bias:
BULL on GAS
Owned:
Yes
2014-06-09 TOP PICK Must be logged in to use chart ECA-T Encana Corp

Spun out Prairie Sky and the success has been far above what anyone expected.  Outlook for Nat Gas pricing is bullish.  CEO has done a good job of selling off non-core assets.  Brought down debt to cash flow significantly.  Street is slow to recognize improvements in the business model.


Price:
$25.480
Subject:
OIL & GAS
Bias:
BULL on GAS
Owned:
Yes
2014-06-09 BUY on WEAKNESS Must be logged in to use chart ERF-T Enerplus Corp

Likes it.  Got downgraded by RBC because it has done so well.  This is the best reason to downgrade a stock.  Their execution is good.  There are coming catalysts.  He is waiting for it to sell off a little more and then he is going to buy it.


Price:
$24.970
Subject:
OIL & GAS
Bias:
BULL on GAS
Owned:
Unknown
2014-06-09 DON'T BUY Must be logged in to use chart GFS-T GasFrac Energy Services

It was popular 4 or 5 years ago.  A large number of companies have deployed the water flood technology, but did not get the results they wanted so use other fracking techniques.


Price:
$1.880
Subject:
OIL & GAS
Bias:
BULL on GAS
Owned:
Unknown
2014-06-09 BUY Must be logged in to use chart LEG-T Legacy Oil and Gas Inc.

Has been paring off.  They made an acquisition recently.  They are now drilling wells with payout less than a year, which he likes.  Their debt used to be very high and production per share was a little low.  So they have been able to find a new zone and to unlock production per share growth and also have reduced debt a bit.


Price:
$9.140
Subject:
OIL & GAS
Bias:
BULL on GAS
Owned:
Yes
2014-06-09 DON'T BUY Must be logged in to use chart PGF-T Pengrowth Energy

Not a fan, given current valuation.  Current project is a thermal oil sand project.  These projects can have good pilot results and then bad long term results.  He worries about sustainability of the dividend.  There are much better names to be invested in.


Price:
$7.210
Subject:
OIL & GAS
Bias:
BULL on OIL & GAS
Owned:
Unknown
2014-06-09 DON'T BUY Must be logged in to use chart PPY-T Painted Pony Petroleum

(Market Call Minute) Prefers other gas names, although they did a good job of improving well results but given the premium they trade at he would avoid it.


Price:
$12.470
Subject:
OIL & GAS
Bias:
BULL on OIL & GAS
Owned:
Unknown
2014-06-09 DON'T BUY Must be logged in to use chart PRY-X Pinecrest Energy

(Market Call Minute) Declining production and increasing debt to cash flow.  Didn’t live up to expectations of water flooding and is on death watch.


Price:
$0.115
Subject:
OIL & GAS
Bias:
BULL on OIL & GAS
Owned:
Unknown
Showing 1 to 15 of 738 entries
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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.


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