AETUF - Better Low-Cost Canadian Gas Producer: Tourmaline Oil Vs. ARC Resources
Canadian and U.S. natural gas prices have been recovering over the last few months as the expected decrease in North American oil production will reduce the supply of associated gas.
As an illustration, the chart below shows Canadian gas futures prices have improved compared to last month and last year.
Source: Gasalberta.com
Investors looking for exposure to Canadian natural gas producers should take a close look at Tourmaline Oil (OTCPK:TRMLF) and ARC Resources (OTCPK:AETUF). Both low-cost producers are exposed to Canadian and U.S. gas prices, and their debt load remains modest.