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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (92850)4/26/2021 1:53:13 PM
From: Goose94Read Replies (2) of 203566
 
Gibson Energy (GEI-T) top pick from Jamie Murray on BNN.ca Market Call Monday Apr 26th @ 1200ET

We believe the risk-reward on Gibson is skewed to the upside. Its infrastructure storage assets are underpinned by large oil sands producers, with optionality on future production growth and a base cash flow level that supports the dividend. Cash flow from its marketing division has dried up with a lack of arbitrage opportunities, but commodity prices are historically volatile and this sentiment could change on a dime. Finally, the balance sheet is clean with a debt/EBITDA ratio of 2.8x below its target range, providing opportunities for acquisitions or buybacks.
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