Enterprise Group Inc T.E

(TSX:E) Enterprise Group Continues to Add to it’s Revenues

[ElliotGH]

(TSX:E) Enterprise Group Continues to Add to it’s Revenues $E.TO

 

https://stockmonkey.ca/tsxe-enterprise-group-continues-to-add-to-its-revenues/

[Stuckinsand]

All this fabulous news and the SP remains flat. In nearly 4 months the SP has traded within a 0.03 range. Positive cash flow, an agressive share buy back program and still nothing for shareholders. Am I the only one finding this to be very odd.

[BayStRising]

You just have to check the sedi filings to know why it's capped for now.  Stock is up 25% YTD and 12M return is 67%.  why are you so fixated on negatives for this company? stock has been having a good year so far. once Brian stops selling I think we could seriously double from these levels.

[Stuckinsand]

You have answered the question. The TSX oil and gas index is up more than 34% YTD. Investing in Enterprise carries far more risk than a broader index. Based on simple risk reward Enterprise doesnt reward shareholders, the evidence is clear there are better alternatives, just buying the index returns are more than 40% higher. Brian has almost 7M shares to go. It would be interesting to see who is

[Stuckinsand]

"once Brian stops selling", yes this is a very incitefull comment. Mr. Nilsson still owns 6.7M shares. He sells approximately 100 shares per week. Assuming this rate continues it will take another 15 for him to sell all his shares. Oil is dropping, WTI is well below $90 BBL. With oil rices declining the risk of owning Oil and Gas stocks and those dependent on the sector increase