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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?


To: Goose94 who wrote (34384)10/6/2017 7:47:34 AM
From: Goose94Read Replies (1) | Respond to of 202165
 
TORC Oil & Gas (TOG-T) top pick from Fabrice Taylor on BNN.ca Market Call Thirst-day Oct 5th @ 1300ET

Is an oil-weighted producer in Western Canada that is focusing on generating free cash flow and increasing its dividend. It generates free cash at roughly current prices and management is targetting growth that is accretive to cash flow rather than reserves or just production, since the market isn’t really paying for that at the moment. I view it as a defensive way to play oil, which I believe could be in for a run to about US$75/barrel. TOG pays investors to wait with a dividend that yields about 4 per cent and a relatively conservative strategy.