Lightstream Resources (LTS.TO) Buy, Sell or…

Lightstream Resources (LTS.TO)

0.00

-0.00 (0.00%)

60 watching

COMMENT

Petrobakken (PBN-T) or Crescent Point (CPG-T)? Crescent Point has better management and better production but is fully priced. Experimenting with some water flooding which has the potential of doubling reserves. Petrobakken is cheap but have had very disappointing production and haven't had the growth. An alternative would be Petrobank (PBG-T) that has better growth and leverage to heavy oil.

HOLD

In the Bakkens oil play. Have also become aggressive in the new Cardium oil play. His concern is what they are paying for acquisitions. Will pay off in the longer term but in the near term you're paying a lot for (?) and cash flow. Stock has suffered a little in terms of execution and expectations not being met.

COMMENT

Currently suffering because oil has come down. Expect they will be back in the market raising money to cover their enormous potential CapX needs. This could be a damper on the stock. If oil goes back about $80, the stock will take off for sure.

DON'T BUY

Petrobakken (PBN-T) or Crescent Point (CPG-T)? He prefers Crescent Point. Acreage of Petrobakken in the Bakkens tends to be more fringe and lower quality and have embarked on a campaign of aggressive acquisitions in the Pembina/Cardium area. Market is waiting for them to stop acquiring.

COMMENT

Got overpriced when the market got a little over enthused about some of their extraction processes and some of the takeovers they had made. Yield of 3.6%. His preference in this area is Crescent Point with its yield of almost 7%. (See Top Picks).

COMMENT

Companies in the Bakken region are developing one of the larger oil fields in Canada. There is growth to this name but it becomes more difficult as the play matures. He prefers Crescent Point (CPG-T).

BUY ON WEAKNESS

Dominant position in the Bakken light oil play in Saskatchewan. His preference in this area would be Crescent Point (CPG-T). Both companies are fully valued but growth prospects and track record for Crescent Point is better as well as getting a yield.

BUY

Good little company. Primarily oil in the Saskatchewan Bakken area. Sold off some nonessential assets today. Good management.

BUY

(Market Call Minute) Very high margin company.

TOP PICK

Has some core growth in the Bakken area of Saskatchewan. Have also built a land base in the Cardium region. Growth by acquisition so there has to be a bit of a digestion period.

STRONG BUY

Stock recently dropped. Made over $1 billion of acquisitions in the Cardium, which takes the market a while to digest. Real investment opportunity. Trades around 7X cash flow using $80 oil. Current price is indicating zero success in the Cardium so you are looking at 15%-20% upside on the Bakken fields. Probably $10 of risk on the Cardium plus they have shale gas.

TOP PICK

Primarily Bakken but has diversified into a few Cardium plays. Stock price has retreated and is a great entry point. Good set of possible drill prospects. 4 or 5 years of really good growth prospects.

HOLD

Fairly valued for the next year. It has some attraction long term. Valuation is the only negative to the story.

BUY

A Bakken play and striking out into the Cardium side with the latest 2 acquisitions. Paid kind of on the expensive side per barrel but there is a lot of drilling coming. Looking at little more like Crescent Point (CPG-T) in that they are building up a great number of multi-years of drilling. Good price.

HOLD

Likes what she is seeing. Not super cheap but also not super expensive. Will trade with oil prices.

Showing 166 to 180 of 189 entries

Most Recent Experts

Stockchase Insights

5i Research

Brian Acker, CA

Acker Finley Inc.

The Weekly Buzzing Stocks by Billy Kawasaki

Stockchase

David Burrows

Barometer Capital Management

Jim Cramer - Mad Money

CNBC

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : [email protected].

Summer Sale

Lightstream Resources (LTS.TO)