RE:Nuttallandy604 wrote: Whats the big deal. he has always been a oil hyper guy, just like Jeff a gas hyper guy, Gas will have its day again, i got both, mainly pipelines,, gas/oil/ ppl and enb. for gas i have bir and arx , oil bte and fru...and a bit of utilies ema, you need to devirsifiy.
The Nut has been a Natural Gas bull as well. He is an active trader that moves in and out of Oil and Gas companies depending on where he thinks the best near-term upside is. He'll bail on positions if things head south, sell to lock in profits on good calls, shift money into other names, hold on to winners if he thinks there's more money to be made, etc. etc. Unpredictable.
The following are a few past comments made by Nuttall courtesy of the Stockchase website:
ARX "Top Pick" January 28 2022:
Believes company is the largest misprice of any Canadian energy stock (undervalued). Currently trading at ~2x cash flow and has a free cash flow yield of 24%. Company buying back stock and paying down debt. Committing 80% of free cash flow to stock buy backs. 20 years of long life assets. Strong management team.
TOU "Buy" September 16 2022:
Excellent company with long reserve life. High special dividends that provide excellent returns. CEO has over $1 Billion is personal investment Expecting a 17% dividend yield next year.
BIR "Comment" October 24, 2022:
Trading at 2.6 X. Used free cash flow for dividends - companies should be using it for share buybacks. so it gets a re-rating on price. TOU or ARC are better for gas companies.