Viewing Company Tourmaline Oil Corp | StockChase
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Tourmaline Oil Corp Stock Symbol: TOU-T

Last Price Recorded: $24.1600 on 2017-08-22

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Date Signal Expert Opinion Price
2017-07-19 COMMENT Eric Nuttall

A great Canadian gas stock. The knock has been their inability to hit guidance in the last couple of years. Have now set that as a priority in 2017 by building up a little more flex into the guidance to account for pipeline (?).


Price:
$27.380
Subject:
ENERGY
Bias:
OPTIMISTIC on OIL
Owned:
No
2017-06-14 COMMENT Bill Harris, CFA

It seems like they need a strategy change. The traditional strategy was “if you build it, they will come”. You actually have to believe that maybe there isn’t a buyer and after building a great big production company you maybe have to live within the numbers. This has to be run for profitability, not for the resource. The strategy change is probably more important than driving the stock price. We have too much gas as well as pipeline constraints in the Canadian Western Basin.


Price:
$26.720
Subject:
RESOURCE
Bias:
UNKNOWN
Owned:
Unknown
2017-06-12 BUY on WEAKNESS Josef Schachter

One of those trophy stocks that institutions love. 85% natural gas, and one of the lowest cost operators in the industry. BV is around $25.61. Debt is only $1.4 billion against $6.9 billion, so a very healthy balance sheet. Have one of the lowest operating expenses in the sector, $3.50 per BOE. Great management. If the stock got down to the low $20s, it would be a great buy.


Price:
$27.740
Subject:
ENERGY & ENERGY SERVICE STOCKS
Bias:
BEARISH on ENERGY
Owned:
No
2017-05-24 PAST TOP PICK Zachary Curry

(A Top Pick April 5/16. Up 14%.) The 2nd largest natural gas producer in Canada. Exceptional management team.


Price:
$28.410
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Yes
2017-05-23 COMMENT Eric Nuttall

A well regarded company. Good insider ownership. When a company is in hyper growth mode, it is difficult to manage expectations at times, and a slight knock against them may have been that they have not hit production guidance over the past while. They’ve taken it upon themselves to really tighten that this year. He is a little worried about Canadian gas, because we do have “take away” capacity issues, but other than that, this would have been on his top 3 list.


Price:
$28.130
Subject:
ENERGY
Bias:
BEARISH on CANADIAN MARKET
Owned:
Unknown
2017-05-18 HOLD Matt Kacur

He was expecting energy to emerge much stronger at this point in the cycle. Oil was down to $29, rebounded to $45, which was more profitable. We’ve had a few quarters of oil being at that level. He was expecting Q4 and Q1 to be better than they were. This company has a very low return and is slightly positive, at less than 1%. You should remain in this stock.


Price:
$27.080
Subject:
NORTH AMERICAN
Bias:
CAUTIOUS
Owned:
Unknown
2017-04-24 COMMENT Peter Brieger

Natural gas. These companies have really cut costs in a very major way. If, as in when, prices start to go up again and volumes increase, this company has some very aggressive targets. Their current production rate is 250,000, and they want to get that to 400,000-450,000 by 2021. Has good management that is thinking ahead, and this could be a great long-term hold. It does not pay a dividend.


Price:
$27.580
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
No
2017-04-07 COMMENT Josef Schachter

In 2014, this was a $60 stock. In early 2015, it bottomed before a lot of stocks did in Jan/Feb 2016. The high was just under $40 in Oct/16, and is currently in the $29-$30 range. In the 4th quarter, they were doing 192,000 barrels a day with $4 annualized cash flow. They did a massive acquisition in December from Shell, so production volumes will continue to go up. Operating costs are excellent at $2.90, so they will do over $4 in cash flow this year. BV is $6.8 billion, and their debt is only $1.4 billion, very manageable. Any time you see the stock below BV it has been a gift. If he is right about the downside in the next little while, you are potentially going to see this company trade below BV in late Q2 or late Q4 and that is when you would take a serious look.


Price:
$29.180
Subject:
OIL & GAS
Bias:
BEARISH on OIL
Owned:
Unknown
2017-04-05 COMMENT Brian Madden

This has struggled along with natural gas prices, along with some of the egress issues that a lot of producers in the Canadian Western Basin are facing. There is a lot of gas being produced in Western Canada, but not enough pipe to take it away to market. As a result, the Alberta price for gas is trading at a pretty steep discount to the Louisiana price. This is one of the best producers in the basin. They produced about 190,000 barrels of oil equivalent last year, predominantly natural gas. That is going to grow to about 240,000-260,000 barrels this year, mostly on the back of the acquisition of the Shell assets.


Price:
$29.390
Subject:
CANADIAN & FIXED INCOME
Bias:
BULLISH
Owned:
Yes
2017-02-10 PAST TOP PICK Craig Porter

(A Top Pick Sept 12/16. Down 16.96%.) He still likes this, although he doesn’t know if he would be buying it just yet. We have had a very warm winter, the 2nd one in a row, that has really put a negative sentiment into natural gas. However, the positive thing is that the inventory levels are 10% below where we were at this time last year, and we are sitting right around the 5-year average. Demand has been picking up significantly, both from US industrial users and exports.


Price:
$30.290
Subject:
RESOURCE
Bias:
BULLISH on OIL
Owned:
Yes
2017-02-08 PAST TOP PICK Robert Lauzon

(A Top Pick March 21/16. Up 2.93%.) Primarily natural gas. There is some concern that Canadian natural gas will be trapped in Canada if we can’t move it. This is a great company, and the current price has always been a good entry point. As a growth stock, this would definitely be one of his picks at under $30.


Price:
$29.820
Subject:
GLOBAL DIVIDEND
Bias:
UNKNOWN
Owned:
Yes
2017-01-24 COMMENT Don Lato

Natural gas. This has a far bigger runway ahead of them over Peyto (PEY-T). They’ve recently just made a great acquisition of some assets from Shell which ironically, was sold to Shell by this company’s predecessor. Tourmaline’s team is very, very familiar with these properties. They are contiguous to some of their properties in the Montney, and the synergies they can get are going to be very, very favourable.


Price:
$30.850
Subject:
NORTH AMERICAN
Bias:
OPTIMISTIC
Owned:
Yes
2017-01-23 PAST TOP PICK Bill Harris, CFA

(Top Pick Dec 1/15, Up 19.05%) You benefited from the run up in the Nat. Gas price.  He would be in an energy infrastructure stock.


Price:
$30.600
Subject:
RESOURCE
Bias:
BULLISH on GAS
Owned:
No
2017-01-12 WATCH Mohsin Bashir

He believes it will be headed upward because of the commodity and production growth.  But there may be some more near term downside, based on technicals.  You are going to see this move to a higher price point, but short term there will be some volatility.


Price:
$30.930
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
Unknown
2017-01-09 WAIT Josef Schachter

It is able to raise equity at a significant premium to book value.  Management is first class.  If there is a correction to the price of oil, then this is a high beta stock.  He thinks you may be able to buy the stock below $30 in the next quarter or so.


Price:
$32.370
Subject:
OIL & GAS
Bias:
BEAR on OIL
Owned:
Unknown
Showing 1 to 15 of 220 entries
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