Hzfm A Market Crash and a Biden Presidency: This Top TSX Stock Is Ready for Anything
Tourmaline Oil TSX:TOU is one of the few stocks hitting all the right financial levers. Canada s largest natural gas producer reported another quarter of blockbuster earnings on July 27, which was in line with expectations. It has announced yet another special dividend, a third one this year. While broader markets are reeling under pressure, Tourmaline Oil stock stands out am
stanley cup ong top performers, returning almost 85% this year.Tourmaline Oil reports solid Q2 numbersTourmaline Oil reported record free cash flow of $1.1 billion for the quarter ended June 30, 2022. Thanks to higher natural gas prices and higher production, the company saw massive financial growth in the quarter. Notably, it far exceeded its long-term net debt target during the quarter. At the end of it, Tourmaline had net debt of $430 million, much
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Last year was great for the Toronto stock market in general. The SP/TSX Composite Index recorded its best
stanley mugs year in the entire decade. While the overall Canadian Index was riding the highest since 2009, the Cannabis Index witnessed the carnage. After the bullish streak that started in 2016, cannabis stocks went on a downward spiral that has been more than just a regular market corr
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stanley mugs t of the cannabis bubble burst,聽Aurora Cannabis聽 TSX:ACB NYSE:ACB has sustained that shock to the next level. The company started 2019 at $7.09 and ended it at $2.50 with a staggering value drop of 64%, which is 9% more than the collective decline of the Canadian Cannabis Index.Aurora experienced a net loss of $297 million in the past year, with a comprehensive loss exceeding $350 million. In the wake of that abysmal performance, Aurora asked its chief corporate officer to step down in December. From that point onward, Aurora has started taking corrective me
