Mike Rose built Tourmaline into Canada’s largest natural gas producer — and he’s not done yet. In this episode of In the Money with Amber Kanwar, the veteran energy executive explains how Tourmaline went from zero to industry leader, why he’s betting on LNG exports, and what AI and data centres mean for the future of natural gas demand.

Rose breaks down the current slump in Alberta gas prices — and why he thinks a turnaround is just weeks away. He also defends Tourmaline’s ambitious capital spending plans, shares what the market is missing about their long-term strategy, and reveals how the company keeps rewarding shareholders with those famous special dividends.

From the electrification boom to the global LNG race, Rose lays out why he believes Canada is finally on the path to becoming an energy superpower — and what it will take to get there.

Don't miss this interview if you want an inside look at the strategy, vision, and staying power behind one of Canada’s great energy success stories.

Timestamps
00:00 Show intro
01:50 Tourmaline’s origin story
05:30 Tourmaline’s edge over other nat gas players
07:50 Why Mike thinks nat gas prices will move up in a few weeks
13:50 What’s Canada doing on the LNG front?
15:00 The global gas market
17:00 Tourmaline’s space in the market
20:55 Tourmaline’s spending plans
28:13 Cross Border Investing with Darren Coleman from Portage Wealth of Raymond James
31:15 Mike on Tourmaline’s dividends
33:15 Mike on deals in the oil & gas sector
37:15 AI, gas demand and the future of the industry
45:50 How can Canada be an energy superpower?
50:00 Mike says foreign players are getting more interested in Canada
51:20 What needs to change for Canada and Canadian gas producers
53:50 The reality of the Canada/U.S. energy relationship
55:50 What’s next for Mike Rose and his vision for Tourmaline

Sponsors

For over 25 years, Raymond James has been helping Canadians achieve their financial goals. Visit https://raymondjames.ca today to discover how you can live a life well planned.

Pro Picks is brought to you by ATB Financial. Visit https://ATB.com/inthemoney for more information

Links

https://inthemoneypod.com/

https://instagram.com/inthemoneypod

https://facebook.com/profile.php?id=61569721774740

https://twitter.com/inthemoneypod

https://tiktok.com/@inthemoneypod

[email protected]

DISCLAIMERS

The information provided in this podcast is for informational purposes only and does not constitute financial, investment, or professional advice.The views expressed by the host and guests are their own and do not necessarily reflect the opinions of any organization or company. The host and guests may maintain positions in any securities discussed on the podcast. Always consult with a qualified financial advisor or professional before making any investment decisions.

Raymond James Ltd. is regulated by the Canadian Investment Regulatory Organization ("CIRO") and is a Member of the Canadian Investor Protection Fund.

In the Money delivers expert stock picks, actionable ideas, and timely money management tips. Hosted by business journalist Amber Kanwar, each episode features interviews with top portfolio managers who suggest ways to achieve good returns. Covering everything from ETFs and Canadian stocks to global investing trends, dividend strategies, and risk management, this show is made for DIY investors, stock market enthusiasts, and anyone looking to sharpen their financial strategy.

#IntheMoney #Investing #StockMarket #CanadianInvesting #FinancialNews