Stock price when the opinion was issued
Great exposure to the WCS-WTI gap shrinking this year as the Transmountain becomes fully operational later this year. The 6% dividend will grow 10-15% this year, and they plan to grow overall by 50% over 2023. Strong cash flow as they expand. Interesting exploration plans. Fantastic results.
(Analysts’ price target is $8.88)
Great little small-cap name. Ongoing exploration success. A lot more running room. Should be trading at 70-80% upside from here. Yield is 6%.