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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (8012)10/18/2014 9:51:49 AM
From: Goose94Read Replies (2) of 202435
 
Spartan Energy (SPE-T) Top pick from Eric Nuttall on BNN.ca Market Call Friday Oct 17, @ 1300ET

At $80 oil Spartan can grow production in 2015 by 29 percent by only spending 1X its annual cash flow and keep its debt levels well below 1X D/CF. They have the potential to be producing at rates this December what I originally thought it would take them until next December to accomplish. For a growth oil company it doesn’t get better than this: management with HUGE inside ownership, drilling inventory in some of the best plays in Canada, a rock solid balance sheet, and a severely depressed stock price.
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