Dino's Bar & Grill Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Dino's Bar & Grill

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Goose94 who wrote (21739)

2/10/2017 8:15:39 PM

From: Goose94

Read Replies (1) of 202413

Spartan Energy (SPE-V) top pick from Craig Porter on BNN.ca Market Call Friday Feb 10th @ 1300ET

Spartan is a low-cost Saskatchewan oil producer, who plans to grow production by low double-digit numbers using existing cash flow. Even in a low US$50 oil price environment, for some of their plays they can still drill wells with 100 per cent IRRs. Due to their balance sheet and strong market support, they were able to buy a great light oil acquisition from ARC Resources ($700 million) at the end of last year. The properties had very low (12 per cent) declines, which helped the company’s overall metrics. Spartan has been oversold recently.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next