RE:Surprising Top PickHe and his family also own it personally. GLTA
Hap Sneddon's Top Picks Tourmaline Oil Corp (TOU TSX) This too is a value play. Tourmaline is the largest natural gas producer in Canada, and the fifth largest on the continent, with its assets spread across the Alberta Basin, the Peace River oil sands, and the Montney Formation. Its product mix is 80 per cent natural gas and 20 per cent crude petroleum and natural gas liquids.
Recent quarterly earnings saw Tourmaline report above expectations on most metrics and an expansion in production. While its capital budget is expected to rise 7.5 per cent on average the company is also keenly aware of returning excess free cash flow to shareholders. Great long term hold.