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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (25830)	4/17/2018 8:19:35 PM
From: Goose94	Read Replies (2) \| Respond to of 203655

Athabasca Oil (ATH-T) top pick from Eric Nutall on BNN.ca Market Call Tuesday April 17th @ 1300ET Athabasca offers the highest leverage to a bullish oil outlook (or even where oil is at today) with a $5-move in WTI equal to 10 per cent of their current market capitalization. While excess leverage has been a problem in the past, we see the potential for them to monetize part or all of their infrastructure and be debt-free within the next four to six months. Offering a 15 per cent production growth compound annual growth rate (CAGR) over the next several years, the company is growing fast enough to attract U.S. investors. They're doing this while also having the potential to initiate a share buyback, given that the stock is trading at only a 15 per cent premium to its blowdown valuation and less than half of its proved reserve value. We see Athabasca becoming the go-to oil beta name when sentiment firmly turns. We see the potential for a double from current levels (which would only get them to proved reserve value).