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
2014-08-25 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets.  We had a bit of a sell off over the last couple of weeks.  In Ontario, there has not been a day over 30 degrees in all of July and August.  Usually Aug, Sept, and Oct are not terrific for energy stocks.  He increased his cash weighting to 32%.  Nat gas has fallen, but stocks that have been pounded in some cases do not get so much revenue from gas, but rather from oil.  There are still opportunities although the easy money has been made this year.


Price:
$0.020
Subject:
OIL & GAS
Bias:
SELECTIVE
Owned:
_N/A
2014-08-25 PAST TOP PICK Must be logged in to use chart ARX-T Arc Resources Ltd

(Top Pick Aug 19/13, Up 28.74%) A perennial sleep at night Nat gas stocks.  It always trades at a premium.  The dividend is very sustainable.


Price:
$31.630
Subject:
OIL & GAS
Bias:
SELECTIVE
Owned:
No
2014-08-25 DON'T BUY Must be logged in to use chart BXE-T Bellatrix Exploration Ltd.

They control their own facilities, which is good.   He has been negative on the stock for several months.  They are aggressively spending and their corporate decline rate is 45-47%, so they are not sustainable to pay a dividend at this time.


Price:
$8.430
Subject:
OIL & GAS
Bias:
SELECTIVE
Owned:
Unknown
2014-08-25 TOP PICK Must be logged in to use chart CASH CASH

September usually offers opportunities.  He is in 32% cash.


Price:
$0.010
Subject:
OIL & GAS
Bias:
SELECTIVE
Owned:
Yes
2014-08-25 DON'T BUY Must be logged in to use chart CQE-T Cequence Energy Ltd.

Last winter was cold and we depleted storage so demand should have been strong, but then North America increased production, and then it turned out to be a cool summer.  Weather forecasts for this winter are from cold to warm so you can’t predict this trade.  This stock is more reliant on the Nat Gas price than others in the space.


Price:
$2.240
Subject:
OIL & GAS
Bias:
SELECTIVE
Owned:
Unknown
2014-08-25 PAST TOP PICK Must be logged in to use chart EOG-N EOG Resources Inc

(Top Pick Aug 19/13, 41.63%) Have some of the best acreage in their plays, growing production by 20% per year.  He thinks they will disappoint in the next year.


Price:
$107.940
Subject:
OIL & GAS
Bias:
SELECTIVE
Owned:
No
2014-08-25 BUY on WEAKNESS Must be logged in to use chart LEG-T Legacy Oil and Gas Inc.

They have beat expectations and guidance for 8 quarters in a row.  Their acquisitions lowered their debt.  Their growth used to be lower, but management is ramping up their Cap-X to try to get growth going.  He would get into the stock at $7.50 now that their balance sheet is repaired.


Price:
$7.930
Subject:
OIL & GAS
Bias:
SELECTIVE
Owned:
Unknown
2014-08-25 DON'T BUY Must be logged in to use chart LRE-T Long Run Exploration

Safe if you are a dividend investor.  The perception is that their plays are not ‘A’ quality.  A recent acquisition put LRE-T shares in the hands of investors who may not want to keep them.  Wait 3 months for them to finish selling.  Prefers others.


Price:
$5.330
Subject:
OIL & GAS
Bias:
SELECTIVE
Owned:
No
2014-08-25 WAIT Must be logged in to use chart LXE-X Leucrotta Exploration Inc.

They have a very clean balance sheet so they are well funded through 2015.  He would pick away at it at $2. 


Price:
$2.190
Subject:
OIL & GAS
Bias:
SELECTIVE
Owned:
Unknown
2014-08-25 DON'T BUY Must be logged in to use chart PEY-T Peyto Exploration & Develop.

There are others with better production growth outlooks.  Prefers TOU-T.  The management at PEY-T are very well respected.  Thinks people will move from this stock to another.


Price:
$37.120
Subject:
OIL & GAS
Bias:
SELECTIVE
Owned:
Unknown
2014-08-25 HOLD Must be logged in to use chart PPY-T Painted Pony Petroleum

Entered into an arrangement with Alta Gas.  Alta Gas is building a facility that will ramp up PPY-T’s production like mad, but they are going to charge a toll and he does not know what that is.  This arrangement frees up $300 Million of Cap-X that PPY-T would have had to spend.  Through new fracking, they are increasing productivity by 50% with no incremental cost.  You are paying a premium multiple so he would prefer other names unless you are willing to look out 3 years.


Price:
$14.200
Subject:
OIL & GAS
Bias:
SELECTIVE
Owned:
No
2014-08-25 TOP PICK Must be logged in to use chart PRC-X Panterra Resource

It is a very new company   It is a high risk name.  One of the few remaining management teams experienced in the foot hills of Alberta.  Not a lot of predictions of production forecasts.  They are just waiting on drilling permits over the next three months.  Expects them to do more deals.  Give them the next year.


Price:
$0.330
Subject:
OIL & GAS
Bias:
SELECTIVE
Owned:
Yes
2014-08-25 HOLD Must be logged in to use chart RRX-T Raging River Exploration

They have done far better than he thought they would.  Wells are coming in lower in cost than they thought and productivity is better than they expected.  But he is not willing to pay the premium multiple.  They can afford a dividend, but their decline rate corporately should be about 45% but other dividend paying names are closer to 13%.  He doesn’t think they have an intention of paying a dividend.


Price:
$11.010
Subject:
OIL & GAS
Bias:
SELECTIVE
Owned:
No
2014-08-25 SELL Must be logged in to use chart SGY-T Surge Energy Inc

Longer term he does not think they can maintain the metrics they are putting to the street.  He moved to TOU-T for the long term.


Price:
$8.640
Subject:
OIL & GAS
Bias:
SELECTIVE
Owned:
No
2014-08-25 BUY Must be logged in to use chart SPE-T Spartan Energy Corp

Is going to have one of the highest production per share growth rates next year.  It is a hyper growth stock lead by a management team that has done it twice before.  It is stuck in a range right now, so they need to come out with more drill results or other news.


Price:
$4.050
Subject:
OIL & GAS
Bias:
SELECTIVE
Owned:
Yes
Showing 1 to 15 of 787 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.