Top Pick DetailsSecond stock in the clip; he and his family also own the stock personally. GLTA
https://www.bnnbloomberg.ca/video/alex-ruus-top-picks~2493057
Tourmaline Oil (TOU TSX) – Canada’s largest natural gas producer with extremely low costs and high free cash flows that trades at a discount to its intrinsic value. The company trades at a double-digit free cash flow yield and pays a regular dividend of one per cent plus special dividends currently yielding roughly 10 per cent.
TOP PICK
Tourmaline Oil Corp(TOU-T)
28/07/2022 at 08:00pm
Best oil & gas environment he has seen in decades. Not concerned that stock is over bought. Quality company that will continue to perform. Free cash flow & earnings continue to grow. Expecting continued growth in energy prices (oil & natural gas). One of largest holdings in portfolio. Trading at 5x cash flow with double digit cash flow growth. Base dividend yield + special dividend yield = ~10% yield.
OIL / GAS
Alex Ruus
$79.970
Owned