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Bullboard - Stock Discussion Forum Tourmaline Oil Corp (Alberta) T.TOU

Alternate Symbol(s):  TRMLF

Tourmaline Oil Corp. is a natural gas producer, which is focused on producing natural gas in North America. The Company is focused on long-term growth through an aggressive exploration, development, production and acquisition program in the Western Canadian Sedimentary Basin. It operates in three basins, which include the Alberta Deep Basin, NEBC Montney Gas/Condensate and Peace River Triassic... see more

TSX:TOU - Post Discussion

Tourmaline Oil Corp (Alberta) > Analyst Recommendation
View:
Post by retiredcf on Nov 27, 2021 7:47am

Analyst Recommendation

Last stock in the clip. GLTA

https://www.bnnbloomberg.ca/video/jason-mann-s-past-picks~2330746

Tourmaline Oil (TOU TSX)

  • Then: $17.78
  • Now: $45.84
  • Return: 158%
  • Total Return: 166%
PAST TOP PICK
Tourmaline Oil Corp(TOU-T)
25/11/2021 at 07:00pm
 
(A Top Pick Nov 13/20, Up 166%) Would buy again. Like many energy companies, it is no more expensive than where they were a year ago. Energy prices and natural gas in particular has moved up. The improved cashflow is now used to right balance sheets, pay dividends and other shareholder friendly moves. Great price momentum with 5x EBITDA which is still reasonable.
 
OIL / GAS
 
Jason Mann
$44.200
Owned
 
Comment by Lotus33 on Nov 29, 2021 11:03am
I listened to Bloomberg's own Oil Analyst on Bloomberg Radio this morning. She was very convinced that due to lack of capacity & lack of CapEx in the Industry  that she is expecting US$ 125/bbl by mid 2022...!.!.! L-33
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