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

To: Goose94 who wrote (43738)	9/28/2018 7:28:40 PM
From: Goose94	Read Replies (1) \| Respond to of 202560

Tourmaline Oil (TOU-T) top pick from Dennis de Silva on BNN.ca Market Call Friday Sept 28th @ 1200ET Tourmaline has been a laggard and it’s oversold given its track record relative to other natural gas names. Now trading at the peer group valuation and well below the historical premium level, the company will be one of the key beneficiaries of a positive decision on LNG Canada. They’re the second-largest gas producer in Canada, with total production of 270,000 barrels of oil equivalent per day (20 per cent liquids). Its performance has been weak despite a solid balance sheet, liquids growth, top tier costs and unique infrastructure control. It’s highly correlated to Canadian AECO prices despite only a 24 per cent exposure given their strong gas market diversification. It has an overall production growth of 15 per cent into 2019 with the start-up of a high liquids cut plant, which will add material liquids growth. All this while spending within cash flow and paying a 1.9 per cent yield beginning this year. Ongoing insider buying is important given the CEO takes no salary.