OTCPK:PTORD - Post by User
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retiredcfon Jul 26, 2017 6:47am
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Post# 26509698
Analyst Recommendation
Analyst Recommendationhttps://www.bnn.ca/video/john-o-connell-discusses-spartan-energy~1174773
2017-07-25 COMMENT John O'Connell, CFA
Trading at an incredibly good valuation. It is now 3X the size it was 3 years ago. Management has done an outstanding job. They did a large acquisition early this year which he thinks kind of exhausted and sapped up a lot of demand. There have been all kinds of rumours that they are having problems with wells not working, but that is absolutely not true. One of the best balance sheets in the country. They are under spending on their capital and overproducing on their production.
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Price:
$6.250
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Yes