Tourmaline, Karoon and the Case for Keeping Cash From Shareholders

PES tourmailine and karoon0:00/1309.046191× Oil and gas investors have spent a decade demanding more cash back. Tourmaline and Karoon show why that discipline was necessary — but also why exceptional management may sometimes create more value by keeping some financial capacity intact and waiting for the right opportunity.

Oberon Houston18 Aug 20261 min read

PetroEquity Signal podcast

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21:49

PES tourmailine and karoon

0:00

/1309.04619

Oil and gas investors have spent a decade demanding more cash back. Tourmaline and Karoon show why that discipline was necessary — but also why exceptional management may sometimes create more value by keeping some financial capacity intact and waiting for the right opportunity.

Listen to this episode

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