Stock price when the opinion was issued
Just cut and paste the chart from A to B, expecting more of the same. Liked it below $60; he trims between $70-75. Thinks oil and gas prices will generally be range-bound for the next year or two, and so will this kind of stock. Well run. Buy dips, don't chase strength.
Cold winter weather has been good for nat gas prices. Wild card is AI demand -- what's the sustainable fuel that can keep data centres running 24/7? It's natural gas. Over the next few years, a fortune will be spent building data centres. Hopefully, with new administration in Canada, this name can benefit from the added infrastructure.
Earnings this week, he expects big increase to special dividend. Nice place to collect a growing income stream.
He's a long-term natural gas bull; it's the fuel of the future, and LNG Canada is about to start. TOU has a good CEO and good inventory and pays a high dividend. That said, TOU is not his favourite nat gas stock though holds a lot of shares. TOU is more about dividends. TOU buys a lot of companies which creates an overhang and doesn't allow the share price to perform as well, so it lags its nat gas peers.
Really good for a long-term hold. Solid Q3, beat on fund flow and free cashflow. Lower capex costs. Nice dividends. Nat gas has been challenged for a while, but it's part of the bridge to green energy. Exports are coming, which will really help.
Trades in line with peers, good balance sheet. Production growth of 8%, and 10% cashflow per share growth. Probably the highest quality of the gas names.