Tourmaline Oil Corp (TOU.TO)

(A Top Pick Oct 26/12. Up 12.32%.) Momentum continues with the company. One of the few Canadian energy companies that you can point to as a success story over the last year. Quarter after quarter, you get production guidance, controlled costs and a higher share price.

The only gas stock he owns. When the gas market is down, you don’t try to buy what is cheap, you go to who is the best in the industry and he feels this is it. However, growth curve is now starting to come off. His expectation in the next 12-18 months is that the company will get sold.

You might take a bit of profit. They have been exploiting the liquid side of gas. At some point in the future it will be sold. It looks like it might be going up above that previous peak.

(A Top Pick Jan 9/12. Up 27.17%.)

(Top Pick Feb 2/12, Up, 26.38%)

(Top Pick Feb 02/12, Up 27.90%)

Core holding in energy side. 31,000 barrels of production last year, 50 this year. Great land mass and great management team. Sky is the limit over the next several years. Cold weather early this year is going to help.

This company can survive in a $2 natural gas environment. Management has done a great job in creating shareholder value. Have great operational focus. Low-cost producer. Expects them to potentially double production from now to early 2015. Great growth story.

If you are bullish on natural gas prices you want to be long this one. Have a top tier management team that has amazing assets and will continue to build up a wonderful asset. Valuation is not super cheap but this is an excellent hold as long as you don’t think gas prices are going back down to $2. Would prefer it in the low $20’s.

Considered one of the top tier companies in Calgary. Management team second to none. Third go round. Within 24 months this one should be sold also. Just over 50 BOE a day. 30% growth this year, which is unheard of in this kind of company. Short positions have almost evaporated at the $25 mark. It is not for the feint of heart.