RE:RE:RE:RE:Nuttall bnn tomorrow
Going seriously down market into the retail heavy oil small caps is risky considering the differential and the constant cloud of high ARO hanging over their heads.
ERF has a history of oil exposure, risk mitigation through hedges, and returning capital back through dividends. This is where big money likes to flow into and given the Bruin add, this company has never been in better shape. This stock is still a solid buy.
AliNaimi wrote:
The point was not that ERF wouldnt do well at $60+ oil (it will) but that oilier names, especially those with medium to heavy oil have more torque to higher oil prices. Nuttal know this and is doing another trade to get into HO names like CJ & GXE. His high turnover fund moves in/out of names so quickly that BNN should provide more discolosure to its viewers. WCP & CPG have been core holdings in his portfolio so he will be looking to buy them back. He overtrades and his fund has not outperformed the energy index/benchmark since its inception.