SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?


To: Goose94 who wrote (69148)11/16/2019 8:34:31 AM
From: Goose94Read Replies (1) | Respond to of 202293
 
TORC Oil & Gas (TOG-T) revisited top pick from Eric Nuttall on BNN.ca Market Call Friday Nov 15th @ 1200ET

TORC is a mid-cap Canadian light oil producer that yields 8.3 per cent (sustainable to $48 WTI) and trades at a post-dividend FCF yield of 6 per cent at $55 WTI and 12 per cent at $60 WTI. Trading at 3.2-times EV/CF at $60 WTI and 101 per cent of its proved developed producing reserve value, we see upside in the stock as the company uses its FCF in 2020 to buyback over 5 per cent of its shares and help reduce the dislocation in its corporate value.