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Investment Q&A

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Imperial Oil Limited (IMO)
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Tourmaline Oil Corp. (TOU)
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Q: Which stock would you rather own for the next 5 to 10 years, IMO or TOU? Thanks

Asked by Charles on April 30, 2024

5i Research Answer:

We like both a lot. IMO is larger, more diversified, and with its 69% ownership by Exxon is probably 'safer'. But if growth is the prime objective we would side with TOU.

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