Twin Butte Energy shares dropped today. Would you consider this to be an opportunity to buy. With a share drop today, the dividend increased to 9.9% which they say is sustainable.
Q: ENTREC Corporation (ENT).
When I saw the results just released I was disappointed particularly with the comment that “higher revenue in the first quarter this year was offset by a lower adjusted EBITDA margin of 17.3%, compared to 26.0% in Q1 last year.” and "In the short term, we expect the reduced activity levels to continue into the second quarter of 2014 and that our equipment utilization levels will remain lower than last year.”
However the market appears to like the results and shares are up today.
Would appreciate your thoughts on this.
Thanks
John
Q: CTA (Crocotta Energy). I thought their quarterly results released this morning were excellent with EPS double estimates (per Globe and mail online), yet the stock is selling off, am I missing something?
Q: Regarding the obvious rotation from Tech into Oil/Resource stocks do u think this is just a seasonal move or if one owns O/R should you hold these stocks for long term.
Thank you
Q: What do you think of Parex after its recent Q1 results and recent aquisiton which consolidates WI in some of their key areas of growth? Will the trasaction be accretive this year and what do you think of doing the deal in 66% shares of Parex?
Is the company still a buy today? Thanks.
Q: Good morning Peter, I'm wondering what your thoughts are on HWO, high arctic energy for my TFSA? I may be slightly overweight in oil/oil services overall but don't hold anything like that in my TFSA and I'd like to find something with good growth potential for the TFSA. Thanks.
Q: We own some Royal Dutch Shell shares RDS.B NYSE and wonder how the following announcement will affect the shares. "Kuwaiti state oil group Kuwait Petroleum Corp to acquire Italian petroleum product companies Shell Italia SpA and Shell Italia Aviazione Srl from energy company Royal Dutch Shell (notified May 6/deadline June 16)"
Q: How do Canadian energy producers typically calculate depletion costs per barrel? Please be as detailed as possible, perhaps by showing a sample calculation. Thanks.
Q: Not a question, just a rhetorical comment. Publish at your discretion. There have been a couple of questions on why the drop in energy stock prices over the past 2 trading days. The seasonality on energy is February 25 to May 9. Coincidence?
Q: The energy sector has taken a hammering the last couple of days, with many companies off 6-10% in two days. Do you have any idea why? Also are the reversals likely to be short term?
Q: Hello Peter & Team, any explanation for the sudden Canadian energy sell off affecting three of my names: TOU, WCP & DEE? Even Peter's latest energy pick SGY has come back in the last few days. Are these buying opportunities or a signal oil & gas prices are about to cave in? Many thanks, Keith
Q: When allocating funds to the energy sector are midstream and service companies (eg,GEI,KEY,PSI,TDG etc.)included with the traditional oil and gas producers (eg,CNQ, SU,WCP,BTE,VET etc)or are they a sector in their own right? Thanks