TOU vs ARXCoincidently we have this from yesterday (prior to the results). Bottom line - he likes them both a lot and has previously made them both top picks. If push comes to shove, it was a toss up, however, he picked ARX because TOU's SP performance has been much stronger (as the charts clearly illustrate). GLTA
https://www.bnnbloomberg.ca/video/greg-newman-discusses-arc-resources-vs-tourmaline-oil~2492380
BUY
Arc Resources Ltd(ARX-T)
27/07/2022 at 08:00pm
ARX vs. TOU Both terrific. Nat gas is a great place to be. LNG is a real thing, the world needs our energy. ARX has 20% cashflow per share growth, 8% production growth, very clean balance sheet, a bit cheaper relative to peers, 50-80% free cashflow. TOU is a pure play. If oil and nat gas prices can hold, both names are compelling. Use the charts to buy them. ARX is a bit more attractive right now.
OIL / GAS
Greg Newman
$17.010
Owned