Eric Nuttall - Take a hike...
I appreciate that WCP does not take their direction from Eric.
I appreciate that they wanted to get their debt to a healthy level.
I appreciate they put a healthy dividend in place, rather put all their capital towards evaporting equity off the balance sheet with share buybacks, that take years to be effective, and does not allow the company to focus capital on their business, and be opportunisitic.
Eric Nuttal nose is out of joint with WCP, and good riddens Eric
PD, which is putting a value on discounted iron.
CPG, that is fully margined with almost 4 billion in debt and is not a safe marginal stock IMHO
BTE, that blew out the balance sheet buying the Eaglesford which is a difficult and complex play because they believe that Ranger OIl did not know what they were doing. That is a stupid statement all on its own.
WCP has a huge montney position, and with more cash there will be more opportunities, and they have not destroyed their balance sheet like most of Erics picks.
CVE is the company that is always two quarters away from meeting their debt target, it two more quarters again according to Eric. I don't believe it any more Eric, you told me once, you told me again 2 months, now your saying it again. I will wait to see it happen.
Eric Nuttal is a high risk, analysis that know how to evaporate capital off balance sheet so his expert trading group can trade around share buybacks.
IMHO