Q: Hi Peter and Team,
Can you please provide thoughts on investing in CES Energy Solutions CEU as a long term play on growth in volume in the energy sector rather than counting on just the commodity price like producers do?
They appear to be doing well, getting added to Dividend Aristocrat index in February but I see a bit of mixed signals in the comparison of cashflow and net income this year vs. last even though revenues are growing.
Thanks!
Can you please provide thoughts on investing in CES Energy Solutions CEU as a long term play on growth in volume in the energy sector rather than counting on just the commodity price like producers do?
They appear to be doing well, getting added to Dividend Aristocrat index in February but I see a bit of mixed signals in the comparison of cashflow and net income this year vs. last even though revenues are growing.
Thanks!
5i Research Answer:
CEU is currently trading at 16X earnings, with a 1.24% dividend. The stock is up 12% YTD and 59%...