Tourmaline Oil Corp (TOU.TO)

Canada's top natural gas producer. Nat gas price was temporarily depressed, so this presents an opportunity. Hitting its 50-day MA, so technically not a bad entry point. Value score is 10/10, fundamental 9/10. Street consensus is Outperform. In a position to improve financial resilience and boost shareholder returns. Yield is 1.54%.

One of the best management teams, massive insider ownership. 75-year-deep, diversified inventory. But it's still 77% natural gas, and he's bullish on oil. For next year, he sees a 7.6% yield by including special dividends. Solid name.

In oil, buy at home, but Canadians, because they're much cheaper and are more likely to hike dividends like CNQ, Suncor or TOU-T. Great cash flows and buying back shares. Even if oil is above $70, these stocks remain cheap.

Best in class for management, assets, and balance sheet. Recently increased dividend, often declares special dividend. Very little debt. Opportunities in LNG. Wildfires have hampered a bit, but not substantially. He's holding, and would add on weakness. Yield is 1.47%.

Best of the natural gas stocks in Canada. Nat gas pipelines are full with lots being found. Need to wait for pipelines to get built. Low-cost producer, great land, well managed. Hold for now, perhaps buy if nat gas moves up to $1.50 or so.

He's bullish natural gas in western Canada. LNG Canada is coming online in 2025, a game changer for nat gas demand in Canada. Also, there have been two recent FIDs (final investment decisions) in the US, where LNG production is set to increase. All this means, more nat gas production and higher, more stable pricing. Likes TOU a lot, but owns the similar Arc Resources.

Not bullish on energy, but TOU very strong pick.
Natural Gas focus will be a good long term bet (less cyclical aspects).
Excellent management team. 
Very good M&A operators.
Founder led company.
Must own energy name.

Fantastically well run. Nat gas prices are very low, but won't stay low for long. Nat gas is cheap in NA, but very expensive in Asia. Ships nat gas as LNG through the Gulf of Mexico, really good margins by doing this. When the Kitimat LNG station opens, they can ship direct. 75 years worth of drilling locations, without doing acquisitions or exploration. A legacy holding to pass down. Yield is 1.74%.

He doesn't know where oil prices are going to go, but he's confident that oil demand will be pretty strong over the next 5-10 years. Fantastic fundamentals. Own this instead of utilities, pipelines, or banks. 

It moves with the natural gas prices. It is very well managed, is a leader in its field in Canada, and is the best pick for a natural gas company. It is the first to lock in natural gas prices in Asia and can sell directly to U.S. customers. There has been very strong insider buying of $9 million, with $8 million coming from the CEO and 600 000 from the CFO. Only $350 000 worth of stock has been sold.

Balance sheet and management are still exceptional. Over 2022, returned a lot to shareholders in terms of dividends, about a 10% yield including the special dividends. Great assets and discipline. He's positive on oil and nat gas. Best pick in the nat gas space.

Don't buy now if you're looking for capital appreciation. It's discounting nat gas price meaningfully higher than current price, as it should because current price is not sustainable. Nat gas inventories are high and supply will grow this year. LNG capacity buildout is a catalyst for 2024/25, not for now. 

Incredibly well run, great assets. He'd take a look around $45.

Apples and oranges comparison, fertilizer vs. natural gas. All NTR's commodities have rolled over, earnings disappointed, he sold. NTR is a good company, valuation not good, not the time to own.

Likes and owns TOU. Gushing cashflow. Special dividends on top of regular ones. Dividend increase. Biggest and best nat gas producer in Canada. Commodity producers are slaves to the one thing they can't control, but TOU breaks the mold based on strategic contracts. Inexpensive 9x earnings, financially very strong. He's a buyer here.