As the Director of Paramount Resources, the total compensation of Susan Rose at Paramount Resources is CAD$70,000. I discuss oil prices and analyze 3 companies with recent insider buying. View the best growth stocks for 2023 here. 2021 average. Receive TOU Stock News and Ratings via Email. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Rose also purchased. Tourmaline Oil's stock was trading at C$68.32 at the beginning of the year. Analysts are almost universally bullish on Tourmaline, with 12 buy recommendations and just one hold, from TD Securities analyst Aaron Bilkoski, according to data compiled by Bloomberg. Insider buying: Four separate insiders have purchased C$283,312 worth of stock over the past 12 months, according to MarketBeat. Mike Rowe Wife, Kids, Age, Height, Movies, Net Worth, Instagram The information you requested is not available at this time, please check back again soon. Story continues below }, CEO is the third-largest shareholder of Canada gas producer, TD gives stock its only hold rating on stretched valuation. Michael Rose Net Worth (2023) | wallmine Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. Mike Rose Thanks Jamie. Tourmaline Oil Corp., Canada's largest natural gas producer, enjoyed a stunning second quarter, with net earnings soaring 1,993 per cent, compared to the same period last year, on a production increase of 47 per cent. With over a decade of experience in the investment industry, I am a highly skilled private investor with a proven track record of success in the commodities and hard assets sector. PEG Ratios above 1 indicate that a company could be overvalued. High institutional ownership can be a signal of strong market trust in this company. Tourmaline continues buying spree in Montney with $750-million deal for Seeking Alpha's Disclosure: Past performance is no guarantee of future results. In-depth profiles and analysis for 20,000 public companies. 'active' : 'js-change-currency' ?> //= plugin_dir_url( __FILE__ ) . Markets never sleep, and neither does Bloomberg News. list of interesting companies, that have HIGH return on equity and low debt. Mr. Robinson has more than 37 years of experience in the oil and gas industry in the disciplines of finance, financial reporting, budgeting, accounting, management, treasury, tax, and business development. "belowLineFillColorFallingBottom": "rgba(41, 98, 255, 0)", And recently, Baytex announced $800 million in unsecured notes, not due until 2030, to fund its merger with Ranger Oil (expected to close in Q2). The oldest executive at Tourmaline Oil Corp. is JohnElick, 77, who is the Independent Director. 326 E 8th St #105, Sioux Falls, SD 57103 Support local journalists and the next generation of journalists. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Tourmaline, Canadas second-largest natural gas producer, has jumped 56 per cent over that period thanks to a combination of rising natural gas prices on tight supplies and a series of dividend hikes and special dividend payouts. June 14, 2022; utpal parrikar education . The Ranger Oil acquisition looks like a transformative move for the company, and, I think it's a good sign that insiders have been buying ahead of the closing of the acquisition. According to reliable sources, he means about $5 million to $10 million per year from his endorsements and television endeavors. I have no business relationship with any company whose stock is mentioned in this article. On average, they expect the company's stock price to reach C$84.44 in the next twelve months. While Baytex appears to be highly leveraged with close to $1 billion in debt, investors should note that $410 million of this debt does not mature until 2027. Tourmaline is part of the Electricity, Oil & Gas industry, and located in Canada. View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. ] "colorTheme": "light", My comprehensive understanding of these markets and my ability to identify and capitalize on profitable opportunities have enabled me to consistently deliver strong returns for my subscribers.
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