mike rose tourmaline net worthstaff toolbox uca
FourFourTwo Films is celebrating the last 20 years of World Cup history through a game, a player, a moment, a team and a goal all that makes the World Cup great. I believe this is a bullish sign for each stock price, for obvious reasons. Photo by Gavin Young/Postmedia files. However, the company issued a $2/share special dividend earlier this year, and it's highly likely the company issues another special dividend again this year, based on its past track record. Energy Transfer Partners is one North America's largest midstream energy companies, with approximately 120,000 miles of pipelines and energy infrastructure assets located across 41 states. "s": "TVC:UKOIL", Tourmaline Oil Corp. acquires, explores for, develops, and produces oil and natural gas properties in the Western Canadian Sedimentary Basin. Tourmaline Oil Corp (TRMLF) CEO Michael Rose on Q1 2020 Results Tourmaline Oil declared a quarterly dividend on Wednesday, March 1st. Rose also purchased 5,000 shares at C$62.77 on January 25. Those involved talk us through the great goals, a seminal sending off, penalty heartbreak and Mick Jagger. Tourmaline Oil is Canada's largest natural gas producer, and a leader in employing technology and innovation to produce ever cleaner natural gas. Energy Transfer is currently paying out $1.23 annualized (back to its payout levels before the pandemic hit), after its recent distribution increase. Prior thereto, Mr. Robinson was Vice President, Finance and Chief Financial Officer of Duvernay and prior to that was Vice President, Finance and Chief Financial Officer of Berkley. Bottom line: Tourmaline is one of the lowest-risk energy stocks I've analyzed. Mr. Bush served as Completions and Operations Engineering Manager of Duvernay Oil Corp. until its acquisition in 2008. Mr. Rose is a member of the Association of Professional Engineers and Geoscientists of Alberta and the Canadian Society of Petroleum Geologists. "d": "Brent Crude (UKOIL)" Concerned about the content? Seeking Alpha's Disclosure: Past performance is no guarantee of future results. "symbolActiveColor": "rgba(30, 200, 700, 0.41)", There was an error, please provide a valid email address. Michael Rose Net Worth Michael Rose biography. list of growing companies that insiders are buying. Entering text into the input field will update the search result below. The dividend payout ratio of Tourmaline Oil is 7.63%. We start this journey in 1998 with England vs. Argentina, the game that had everything. Receive TOU Stock News and Ratings via Email. What other stocks do shareholders of Tourmaline Oil own? Mr. Tourmaline Oil insiders own about CA$497m worth of shares (which is 7.0% of the company). But, I will also point out that the stock is only worth considering if you fully understand the tax implications and potential drawbacks of owning an MLP. mike rose tourmaline net worth. Mathematician and author Hannah Fry investigates patterns in human behavior, AI and the creative ideas behind the organizations and pioneers transforming society. Tourmaline Oil's mailing address is 250 6 Ave SW Suite 3700, CALGARY, AB T2P 3H7, Canada. In fact, there have been 34 open market buys compared to only 6 sells in that timeframe, according to Nasdaq. 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. That's what I like to see! Monitor your investments 24 hours a day, around the clock from around the globe. He launched Berkley Petroleum Corp. in 1993 and sold it in early 2001 to Anadarko. Even after reducing debt by $800 million last year, it has total long-term debt of $48.2 billion. The following insiders have purchased ET shares in the last two years, according to MarketBeat (with dollar value): Approximately 3.28% of its stock is owned by insiders. Mike Rowe Wife, Kids, Age, Height, Movies, Net Worth, Instagram Canada's best source for investing news, analysis, and insight on investment strategies, stocks and more. Ms. Aspin holds a Bachelor of Commerce degree from the University of Saskatchewan. As the Chairman of the Board, President, Chief Executive Officer, and Director of Tourmaline Oil, the total compensation of Michael Rose at Tourmaline Oil is $3,373,190. Rose, a geologist by training who started four successful oil and gas companies in Calgary, has watched his 4.9% stake in Tourmaline balloon to C$1.04 billion ($807 million) from C$662 million since the beginning of this year. Get 30 Days of MarketBeat All Access Free, By creating a free account, you agree to our, First Republic up in air as regulators juggle bank's fate, Stock market today: Tokyo gains, most Asian markets closed, Regulators seize First Republic Bank, sell to JPMorgan Chase, 'Super Mario Bros. Movie' hits $1B, is No. After the sale of Berkley in 2001, Mr. Rose founded Duvernay, which was sold in August 2008. But the latter half of 2023 seems more promising for a rally in oil & gas prices due to supply concerns, and in the stocks I mention below. American Consumer News, LLC dba MarketBeat 2010-2023. Get exclusive access to the National Post ePaper, an electronic replica of the print edition that you can share, download and comment on. "locale": "en", "plotLineColorFalling": "rgba(41, 98, 255, 1)", Dividend: The company paid a $7.90 per share dividend last year, which equals a trailing yield of 17.56% based on its current stock price of $45. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.Compare Top Brokerages Here. The company's average rating score is 3.14, and is based on 6 buy ratings, no hold ratings, and no sell ratings. "belowLineFillColorGrowingBottom": "rgba(41, 98, 255, 0)", { 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. Michael Rose Email & Phone Number - Tourmaline | ZoomInfo There are 1 executives at Tourmaline Oil getting paid more, . Tourmaline Oil had a trailing twelve-month return on equity of 35.48% and a net margin of 63.21%. "As technology evolves, we're doing things we've never been able to do. 57.64% of the stock of Tourmaline Oil is held by institutions. Mr. Rose has been the Chairman, President and Chief Executive Officer of Tourmaline since he founded the Company in August 2008. My precious: Meet the Canadian natural gas producer that analysts are Currently, 5.47% of its stock (18.5 million shares) is owned by insiders, which is the largest insider ownership among senior E&P peers, according to the company. According to reliable sources, he means about $5 million to $10 million per year from his endorsements and television endeavors. Tourmaline stands out to me as a super-attractive oil & gas stock for several reasons: Insider buying: Three insiders at Tourmaline Oil Corp. have bought C$6 million (US$4.45 million) worth of shares over the past year, according to MarketBeat. "tabs": [ By continuing to use our site, you agree to our Terms of Service and Privacy Policy. Share your thoughts and join the conversation in the comments. As a Master Limited Partnership ("MLP"), Energy Transfer also benefits from certain tax advantages. It owns a diverse portfolio of assets, including pipelines and storage facilities. Prior thereto, he was Completions Manager at Tourmaline since May 2013. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. mike rose tourmaline net worth - marconasedkin.de This payout ratio is at a healthy, sustainable level, below 75%. "s": "TVC:USOIL+NYMEX:WCW1! Balance sheet strength: Tourmaline has one of the strongest financial positions of any oil & gas stock I've evaluated. In-depth profiles and analysis for 20,000 public companies. Please be aware of the risks associated with these stocks. The next issue of FP Investor will soon be in your inbox. Michael L. Rose serves as Chairman of the Board, President, Chief Executive Officer, Director of the Company. Tourmaline Oil Corp. acquires, explores for, develops, and produces oil and natural gas properties in the Western Canadian Sedimentary Basin. Get daily stock ideas from top-performing Wall Street analysts. I discuss oil prices and analyze 3 companies with recent insider buying. Michael Rose, president and CEO of Tourmaline Oil, spoke with Weekly host Andrew McCreath about his company's outlook on pricing, revenue and cash flow. I detail the insider transactions, provide an overview of each company and its valuation, and offer a bottom line for investors. While he sees less upside for Tourmaline, Bilkoski still has a buy rating on Topaz Energy Corp., an energy royalty and infrastructure spinoff for which all 14 analysts have buy recommendations. With its low-cost structure and diversified marketing exposure, analysts say Tourmaline is well-positioned to generate superior returns. Tourmaline Oil pays a meaningful dividend of 1.64%, higher than the bottom 25% of all stocks that pay dividends. Tourmaline Oil has a P/B Ratio of 1.51. Based on aggregate information from My MarketBeat watchlists, some companies that other Tourmaline Oil investors own include Intact Financial (IFC), Constellation Software (CSU), Peyto Exploration & Development (PEY), Alimentation Couche-Tard (ATD.B), AutoCanada (ACQ), Vermilion Energy (VET), Toronto-Dominion Bank (TD), AbbVie (ABBV), Agnico Eagle Mines (AEM) and Enbridge (ENB). Mike Rowe has a net worth of $30 million in 2023. CIBC analysts think the primary sector risks are lower commodity prices and rising industry costs. Tourmaline is the third oil and gas company Rose has founded and led. (844) 978-6257. One share of TOU stock can currently be purchased for approximately C$60.87. While he sees less upside for Tourmaline, Bilkoski still has a buy rating on Topaz Energy Corp., an energy royalty and infrastructure spinoff for which all 14 analysts have buy recommendations. } CIBC Capital Market has a $47.50 price target for the stock with an outperform rating. Mr. Rose was educated at Queen's University, graduating with an honours degree in Geology. Tourmaline Oil has received a consensus rating of Buy. According to the International Energy Agency's (IEA), Finally, remember that the U.S. has stated it intends to refill the. { Tourmaline Oil CEO Michael Rose on his energy company's outlook The company has been on an acquisition spree, having completed the purchase of Black Swan Energy Ltd., and Paramount Resources Ltd.s land assets in North Montney. If someone buys shares at well below current prices, it's a good sign on balance, but keep in mind they may no longer see value. Company News. 2021 average. There are 1 executives at Tourmaline Oil getting paid more, with Michael L. Rose having the highest compensation of $3,483,282. VP of Fin., CFO & Non-Independent Director. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing.
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