Added to YB: 2024-02-22
Pitch date: 2024-02-21
TRMLF [bullish]
Tourmaline Oil Corp.
+17.53%
current return
Author Info
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Company Info
Tourmaline Oil Corp. engages in the acquisition, exploration, development, and production of petroleum and natural gas properties in the Western Canadian Sedimentary Basin.
Market Cap
CAD 25.3B
Pitch Price
CAD 53.66
Price Target
N/A
Dividend
5.42%
EV/EBITDA
8.17
P/E
18.80
EV/Sales
6.19
Sector
Oil, Gas and Consumable Fuels
Category
value
Show full summary:
Tourmaline Oil: A Strong Buy As Natural Gas Bottoms (Rating Upgrade)
TRMLF: Top natgas producer resilient in low price env; C$3B CF in '24 @ $1.50/mcf; no debt, 20% growth '24-28, high cash flows, special divs; potential supply correction; strong fundamentals & cheap valuation make it a buy
Read full article (5 min)