RE:Barry Schwartz's Top PicksHe also owns it personally. GLTA
Tourmaline Oil (TOU TSX)
With natural gas near its lowest price ever, Tourmaline is a contrarian investment. We see a much brighter future because of increased natural gas demand from LNG, electrification of the grid and a return to more normalized winter weather in North America. Even with the depressed natural gas price, Tourmaline has weathered the storm and should deliver special dividends to investors in 2024.
TOP PICK
Tourmaline Oil Corp(TOU-T)
09/04/2024
80% of business is natural gas, with prices in the dumps now after a warm winter. This will normalize. This is story about the electrification of the grid and more LNG coming in Canada, which will ship nat gas overseas and raise nat gas prices. Great balance sheet and CEO.
(Analysts’ price target is $76.21)
Oil / Gas
Barry Schwartz
$66.580
Owned