TSX:HSE.PR.B - Post by User
Post by
SlowAndSteady7on Oct 25, 2018 3:01pm
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Post# 28873274
Nice Turnaround. Back in after a few years of being out...
Nice Turnaround. Back in after a few years of being out...Got to give it to the management team, they really have cleaned up the balance sheet on this boring, but now money making, diversified O&G company. No better time to do it with rising rates.
I am back in with a fulll position after having sold a few years back. I expect it may head a little lower due to tax-loss selling and macro news, but I expect about 20% on this one next year. The large exposure to heavy oil won't help, but their diversified nature makes this a great buy at these prices, especially if earnings grow at this rate.