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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (80589)	5/29/2020 2:10:51 PM
From: Goose94	Read Replies (1) of 202435

Tourmaline Oil (TOU-T) top pick from Robert McWhirter on BNN.ca Market Call Friday May 29th @ 1200ET Tourmaline is a crude oil and natural gas exploration and production company operating in the Western Canadian Sedimentary Basin. It has a multi-year drilling inventory and operating control of natural gas processing and transportation infrastructure. On May 6, National Bank Financial Capital Markets forecast a massive natural gas inventory deficit We expect this deficit will lead to much higher natural gas pricing. 2020 cash flow estimated at $3.47 is forecast to grow 41 per cent to $4.90 per share in 2021, giving a 2021 price to cash flow of 4.2 times. The $19 consensus price target by 13 analysts implies 39 per cent upside potential.

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