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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (159175)8/28/2023 2:48:48 PM
From: Goose94Read Replies (1) of 202932
 
Tourmaline Oil (TOU-T) top pick from Brianne Gardner on BNN.ca Market Call Monday August 28th @ 1200ET

Canada’s top natural gas producer. About 25 per cent as big as CNQ in market cap but roughly 40 per cent of the production. The price of natural gas is temporarily depressed so we believe an opportunity here. Target price of $85 on the street which gives us an expected return of 28 per cent plus the dividend of 1.5 per cent. It scores a perfect 10/10 from value score and 9/10 fundamental score with a consensus on the street of outperform. We believe that Tourmaline is positioned to improve its financial resiliency and boost shareholder returns. We are continuing to build a larger position in the portfolio.
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