Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Bullboard - Stock Discussion Forum Tourmaline Oil Corp (Alberta) T.TOU

Alternate Symbol(s):  TRMLF

Tourmaline Oil Corp. is a Canada-based crude oil and natural gas exploration and production company. The Company is focused on long-term growth through an aggressive exploration, development, production and acquisition program in the Western Canadian Sedimentary Basin. It operates in three basins, which include the Alberta Deep Basin, NEBC Montney Gas/Condensate and Peace River Triassic Oil... see more

TSX:TOU - Post Discussion

View:
Post by retiredcf on Apr 03, 2024 6:32am

Eric Nuttall

BUY
Tourmaline Oil Corp(TOU-T)
02/04/2024
 
Canada's go-to natural gas name. Great CEO, much insider share ownership, decades of high-quality inventory, and quality infrastructure. Everyone wants to own nat gas now, because next year will see a big buildout of LNG capacity which will raise nat gas prices. Now, there's a lot of nat gas in storage because last winter was so mild. The next few quarters will be nasty for the nat gas price, but the market knows this. At $4 nat gas in 2025, TOU would trade at 5x cash flow and 10% free cash flow yield, a premium to its peers. $89 price target or 42% upside.
Oil / Gas

Eric Nuttall
$62.860
Owned
Be the first to comment on this post