Tourmaline Oil Corp (TOU.TO)

Majority of its plays are in nat gas, and he's especially bullish on that. Natural gas feeds into power demand going forward from data centres, crypto, etc. Going to see increased transition to nat gas both outside and inside NA.

Both are the gold standard in nat gas. TOU slightly underperforms. Valuations of both are stretched. ARC has done well with some projects that were brought onstream. Owns TOU now, and Arc in the past. Both are good to buy and will perform.  The price of nat gas is low, so this will benefit will the price rises. 

She owns no producers now. The LNG facility will benefit natural gas producers, because the facility will help ship LNG to Asia. TOU is one of the top names in natural gas production. She prefers buying the infrastructure stocks which are vulnerable to commodity prices.

Still bullish. Acquisition announcement popped share price a bit, great to see. Pullback from peak gives investors a chance to get in. Her target is around $80, 20-25% gain from here. Ranks 9/10. Typically does well coming into this part of the business cycle. She and analysts rate it Outperform.

Likes it a lot. Good leverage to bullish thesis on natural gas in Canada. CREW acquisition is a good addition. Very big fan of the Montney, one of the best plays in the world, decades of tier 1 inventory. Yield is ~7%, with prospect of special dividends.

Management has one of the highest reputations in the industry. Highest quality gas play there is. Outlook for gas is good, especially with the new pipeline coming on. Might pay a bit of a premium, but it's worth it.

It is good for exposure to the space but again he doesn't like the space so he doesn't own it. It is the largest natural gas dealer in Canada and the market seems to like the acquisition of Crew Energy.

Loves both, and recently put money into both. Especially TOU, a very slightly better opportunity. Will continue to deliver consistent earnings growth, especially if maintains its strong cashflow growth. Add on weakness, but keep in mind that it has volatility, so a 5% or less position.

Reasonable debt levels, payout ratios are fine, solid recent results.

Very much a gas play, about 75%. Management executes incredibly well. If you think gas will do a bit better, this name is the one to own and will do better than competitors. Grows production volumes in a tough environment. $2B capex spend.

He owns both. Both are big into natural gas. Likes both and they will do well.

He likes it but doesn't own it. He owns Arc instead. Tourmaline owns more dry gas. Natural gas has been a tough commodity year to date but is a solid investment in the medium to long term

He always thinks in terms of a 3-5 year hold, so getting out and back in is a tough timing question. Unique opportunity to play in the Canadian resource market. At the front of the pipe, a huge advantage. Canadian oil stocks are, globally, cheap; nobody likes them. 

He wouldn't recommend selling any oil stocks because, even at $77 oil or nat gas at $2, it's low and that's why the stocks are down. The beauty about commodity stocks is that a low commodity price results in a higher commodity price sometime down the road.

Hold, and you'll be fine 3-5 years from now.

Has owned this a long time. It ran up from 2020-22 so he trimmed it. Hurricane Beryl impacted the Gulf Coast and 50% of its refining capacity, so this benefits TOU.

Good option for investors with a 5 year time horizon. Excellent company - owns large amount of shares. Very good assets with lots of drilling inventory. Best in class management team. 

Price of nat gas is very volatile, and TOU can't control that. It can only control drilling and what it buys. CEO continues to buy more shares for himself. He likes investing alongside those who know and love a company the best.

Hard to tell outlook for natural gas, but he expects more nat gas infrastructure to be built in Canada and NA. Expects weather to normalize. He prefers the safer plays in oil & gas, rather than small caps or junior companies.