Analyst Recommendation BUY
Tourmaline Oil Corp(TOU-T)
08/03/2024
Very strong business model with excellent 4th quarter earnings report. Weakness in natural gas prices not a concern. Very low cost operator with excellent marketing and management team. Selling to California and Pacific US to realize higher pricing. Company able to realize global prices with creative marketing agreements. Reserves increasing at steady rate with 85% undeveloped. Canada's top natural gas producers. Stable dividend that consistently increases. Special dividend also adds to yield. LNG Canada will also help business mode. Excellent long term hold.
Oil / Gas
Brian Madden
$61.070
Owned