Tourmaline Oil Corp (Alberta) T.TOU

Panic-Proof Portfolio

[retiredcf]

TOP PICK

Tourmaline Oil Corp(TOU-T)

14/03/2022 at 08:00pm

 

Stockchase Research Editor: Michael O’Reilly We reiterate TOU, a top Canadian energy producer, as a TOP PICK. Trading at only 1.4x book and spinning off record free cash flow and earnings up 58% over the year, it is good value. It pays a good dividend backed by a payout ratio under 15% of cash flow. We recommend trailing the stop to $42.50, looking to achieve $59.50 — over 23% upside. Yield 1.64% (Analysts’ price target is $59.33)
 

OIL / GAS

 

The Panic-Proof Portfolio (Stockchase Research)

$48.705

 

 

[CriticalMind55]

Next special dividend could be higher than $1.25, I am guessing $1.45 - 1.75! Cheers, C

[fishcarrier]

That would surprise me, but is surely within the realm of possibility. They must be garnering tons of cash with the prices this Q. I would expect that they would raise the quarterly dividend some. I honestly can not think of a better stock to own than this one. GLTA