Discover Palos Wealth Management
Our tailor-made investment solutions are personalized to meet your specific objectives. Our mission is to offer our clients an exceptional wealth management experience. Customer satisfaction is our goal.
Our tailor-made investment solutions are personalized to meet your specific objectives. Our mission is to offer our clients an exceptional wealth management experience. Customer satisfaction is our goal.
Issue 17 – Why I’m Sticking with Tourmaline Oil Corp
I have been focused on reducing our energy exposure during the first quarter of 2020 and the fund is currently underweight the energy sector relative to the TSX Composite Index. My sense is that the energy sector is facing a long period of recovery as we recognize that extreme politics is having a negative impact on global oil prices. At the same time, there are some diamonds in the rough. We’ve decided to maintain our position in Tourmaline Oil Corp (TSX: TOU). The reason is simply in the numbers.
Disclaimer: Palos Funds are shareholders of TOU.
By Charles Marleau, CIM
Continue Reading in PDF
By Charles Marleau, CIM
Click to Read Macro View
By Hubert Marleau
Click to Read Options Corner
By Robert Mendel
Click to Read Palos-Mitchell Report
By William Mitchell