GREY:STPJF - Post by User
Post by
awol1on Sep 19, 2012 10:57pm
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Post# 20388914
Nutalll- STP on bnn Marketcall
Nutalll- STP on bnn Marketcall More coverage of STP on BNN. STP mentioned a few times on BNN lately.Lutes also appeared on BNN a couple of times too....
Eric Nutall comments on STP on BNN this evening. He said the value of producing assets about $2, not including Mackay. Said it sits on his buy list. Said they could easily be taken out and that management also discussed paying a dividend. Also mentioned that Pengrowth is interested in buying oil sands. He said that STP did not have to rely on a buyout. People are waiting to see results from Mackay before getting into the stock.
https://www.bnn.ca/Shows/Market-Call-Tonight.aspx
| 2012-09-19 |
Eric Nuttall |
Oil Sands producer. Have 2 projects, one of which is a SAGD project and started steaming 2 months ago and he is looking for a response sometime late October to November. Value of their producing assets is around $2 per share but people are probably holding back because there has not been a production data point out of the SAGD project yet. If you are bullish on crude oil and the oil Sands, this is a very good one. On his Buy list.
|
Price:
$1.440
Subject:
OIL & GAS
Bias:
BULLISH on ENERGY
Owned:
No |