Q: I cant find any fault in this company and it is still having a hard time hitting it's 52 week high back in March. Is patientance needed or do you feel it has peaked.
You can view 3 more answers this month. Sign up for a free trial for unlimited access.
Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
- Parex Resources Inc. (PXT)
- Andrew Peller Limited/Andrew Peller Limitee Class A Non-voting Shares (ADW.A)
- Trevali Mining Corporation (TV)
- Cascades Inc. (CAS)
- Fastly Inc. Class A (FSLY)
Q: I own all 5 of these stocks and they all reported in the last 24 hours. Thoughts on the latest quarter for each ?
Q: What theoretical price should this be trading at with todays 73.85 oil price.
Q: Is there a simple formula I can use to calculate what price an oil company should be trading at. I would like to use it for Parex and a couple others.
Thanks Steve
Thanks Steve
Q: I have heard that one of the things that is a strong indicator a stock will outperform the market is the initiation of a dividend for the 1st time. I believe it may have been Peter who mentioned this on MarketCall. Parex announced Wednesday evening that they are initiating a dividend for the 1st time. I'm wondering what degree of outperformance you typically see from a company that begins paying a dividend, and how long does that outperformance typically last.
- Freeport-McMoRan Inc. (FCX)
- Suncor Energy Inc. (SU)
- Teck Resources Limited Class B Subordinate Voting Shares (TECK.B)
- Vermilion Energy Inc. (VET)
- Parex Resources Inc. (PXT)
- Nutrien Ltd. (NTR)
Q: I have stayed away from energy, except for ENB and TC, which are pipelines.
Do you think there is more upside in the O & G stocks. If so what would you suggest?
Also the same goes for basic materials. I am not interested in gold. What would be your picks for basic materials.
Thanks for your service, I would be lost without it.
Shirley
Do you think there is more upside in the O & G stocks. If so what would you suggest?
Also the same goes for basic materials. I am not interested in gold. What would be your picks for basic materials.
Thanks for your service, I would be lost without it.
Shirley
Q: Do you agree this should be north of 25 dollars right now and institutional investing is hyper sensitive to the protests and won't touch it. They're waiting for guidance by the company before they make a move.
Cheers Steve
Cheers Steve
Q: Back in 2018 (seems so long ago) you described AOI as “It is setting up to be an interesting value proposition.”
Does this statement still hold true and are there other micro-oil & gas companies out there that might be worth a look? Thanks!
Does this statement still hold true and are there other micro-oil & gas companies out there that might be worth a look? Thanks!
- Suncor Energy Inc. (SU)
- Vermilion Energy Inc. (VET)
- Parex Resources Inc. (PXT)
- Toromont Industries Ltd. (TIH)
- Ag Growth International Inc. (AFN)
- Cervus Equipment Corporation (CERV)
- Nutrien Ltd. (NTR)
Q: Can you please provide three names in the energy sector that have decent balance sheets and are highly levered to rising oil prices.
Aslo the same regarding ag companies levered to rising agricultural prices.
Thank you
Aslo the same regarding ag companies levered to rising agricultural prices.
Thank you
Q: Do you recommend starting a large position if you are risk adverse regarding the political climate in Colombia.
Q: Parex news reports. in addition to mentioning the impressive buyback program, have been referring to Columbian riots that have been impacting its ability to distribute its product. I don't anticipate any big insights on Columbian politics but has Parex released any news that might indicate whether the recent declines are more opportunity than "imminent collapse"?
Q: This company appears exceptionally well run and I was wondering if you could speak to the share buyback strategy employed by them or generally. Is it expected the buyback program will eventually lead to a squeeze on the share price pushing it higher or is it implemented to improve EPS and other metrics? Curious if there is a tipping point with buyback programs to propel the share price.
Q: This is five days in a row in the red for Parex. What was so bad in their earnings report to cause this. Oil is surging.
Q: What makes some analysts give this a target of 30 dollars.
Thanks Steve
Thanks Steve
Q: I would appreciate your expertise analysis of their results. I believe this oil and gas company has not debt and has been buying back shares.
Good time to add to my position?
Thanks
Dave.
Good time to add to my position?
Thanks
Dave.
Q: Parex seemed to take it on the chin a little more than its peers this morning following its earnings release yesterday. As usual the results were pretty solid. But I noticed these comments by mgmt "Parex is strategically accelerating assessment of its portfolio of operated assets, through increasing exploration and appraisal activity". This is sounding a bit like the last time PXT tried to put some assets up for sale and there were no good offers, then the share price tanked because of that. Does it sound to you like they are once again going down the path of trying to sell assets?
Q: Looking for a small to mid cap energy company that is well positioned to take advantage of rising oil prices.
Thanks
Dick
Thanks
Dick
Q: The stock price can't move out of the 21 to 22 dollar range. That's with the share buy back. Do you think this will change on the next earnings report or is that baked in. Hold or move on.
Q: Hi can you give me the % of gas that Parex Resources produces.
Thx
Kim
Thx
Kim
Q: Peter; Can you comment on PXT’s update today? Would you think PXT is a takeover candidate in this market? It seems to be doing everything right.
Thanks. Rod
Thanks. Rod