TSX:HSE.PR.B - Post by User
Comment by
newcoinon Feb 01, 2020 1:28pm
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Post# 30629355
RE:RE:RE:All the metrics for valuation out the door
RE:RE:RE:All the metrics for valuation out the doorThis might help. Joe Schacter, on BNN, on January 24, 2020. Stock price is $9.18.
"Remember there is a nice dividend ($0.50 annually and a yield over 5%). The skepticism is in how are they going to grow the business. The balance sheet is in fine shape -- debt of only $4.6 billion and they are sitting on over $2 billion in cash. The key is with production, can they start growing it? Will be East Coast Canada, China, etc? When WTI was around $66 the share price traded over $20. If you own it stay with it." newcoin wrote: This is from July 26, 2019. Stock at $10.41. Jason Mann on BNN.
"
A year ago, energy was stabilizing. Now, it's terrible. Interesting: this stock price has been halved, but the metrics are the same. HSE is still really cheap: 3.7x EBITDA, 0.6x book value, 9x earnings. It beat its last quarter, but didn't matter. That's the story of half the energy sector. Pays a sustainable 4% yield." newcoin wrote: I found this, I'm sure there is more up to date info. Greg Newman on BNN,
November 21, 2018. Stock trading at $16.35 at the time.
"They benefit from the wide WCS differential. They just beat their earnings 7%. Excellent balance sheet. 0.3x net debt-to-EBITDA. 79% payout ratio supports their dividend, and trade cheaper than peers. Only caveat is he doesn't so as much growth in 2019. If you need to own oil, this is very defensive." argon12 wrote: This drop in oil is brutal.
i don't have a clue how to put a valuation on this company
due to oil price ups and downs.
The yield is juicy.
Would someone know the payout ratio on this dividend?