TSX- iT3 Energy -low P/E - HIGH yield

[JBmurc]

Why I've been buying up some of these great valued stocks on the TSX

all produce around 50/50 Nat Gas / Oil

At this point in time ... I like iT3 out of the three low P/E 3-4 long-life onshore-based O&G reserves 20yrs+ at present 20,000BOEPD

and great yield 8-9% pa

I do hold JOY but think I'll shift more funds into IT3 ... JOY has half the BOEPD but does have a Nat Gas power plant and goal to have another one built ..

....Why TSX Canadian Nat gas & crude oil .. pricing as Canada has had for some time some of the lowest Nat Gas prices in the world alongside USA ... as the shale boom created an excess of Nat Gas .. But many experts think this won't last much longer and we could see north America heading towards much higher Nat Gas prices we see in the likes of Europe , Aus etc

LNG exports are increasing

worth a read and watch ...

https://www.youtube.com/watch?v=4U4dC22hGiI

We believe today’s North American natural gas market resembles that uranium market: despite widespread investor pessimism, it too is about to slip into “structural deficit”. Careful research and a differentiated outlook may reward the enterprising natural gas investor just as large profits accrued to the uranium investor back in 2018

https://blog.gorozen.com/blog/is-gas...ource=hs_email




worth a watch ...