Last week’s sell-off was a one time event: Stability in the oil market should return. Selling overleveraged and low netbacks oil producers. Adding to my favorite Canadian E&Ps. Click here to read the entire article on Seeking Alpha.
Buying two companies in the energy and gold sectors. Holding on disappointments such as MEG Energy and Pine Cliff. Selling and giving up on bad energy bets. Click here to read the entire article on Seeking Alpha.
Current debt level is manageable. In a worst-case scenario, potash break even price is estimated at $260 per ton. The company has great stewardship and will be able to withstand the potash market’s downturn. Click here to read the entire article on Seeking Alpha.
The recently published short positions on Potash Corporation of Saskatchewan tells a strong story: the shares sold short doubled, yes, that is doubled, from 15 million shares to over 30 million shares from October 15 to October 30. Albeit a really modest decrease in the last two weeks of less than 2 million shares, the market […]
The market thinks the dividend of Potash Corporation of Saskatchewan isn’t sustainable. The company had one slide in the Q3 earnings release showing its dividend versus cash flow from operations. Source: potash Corporation of Saskatchewan November 2015 Corporate Presentation As of today, the yield is of almost 7.5%, which is really high. It would not […]