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Tourmaline Oil Corp (Alberta) T.TOU

Alternate Symbol(s):  TRMLF

Energy Oil & Gas E&P
Tourmaline Oil Corp. is a Canada-based crude oil and natural gas exploration and production company. The Company is focused on long-term growth through an aggressive exploration, development, production and acquisition program in the Western Canadian Sedimentary Basin. It operates in three basins, which include the Alberta Deep Basin, NEBC Montney Gas/Condensate and Peace River Triassic Oil. The Company has ownership interests in 16 natural gas plants in the Alberta Deep Basin. It owns and operates five natural gas processing facilities with an aggregate capacity of approximately 325 million cubic feet per day (MMcf/d) with related gas gathering systems and NGL handling infrastructure at NEBC Montney Gas basin. The Company owns and operates two oil batteries at the Peace River Triassic Oil basin, which handles approximately 48,000 barrels per day of fluids and the associated natural gas is delivered to a third party for processing.


TSX:TOU - Post by User

Tourmaline Oil Corp (Alberta) > When Do We Hit $25?
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Comment by 1condoron Jan 30, 2021 1:59pm
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Post# 32428773

RE:RE:RE:RE:When Do We Hit $25?

RE:RE:RE:RE:When Do We Hit $25?Is been about 3 years since this stock topped 23 dollars. Over the past 2 years it has hit resistance around 21 bucks a couple times only to see the SP to retreat back into the teens. Now here it is again barely holding 18 bucks. No doubt one of the best oil and gas plays out there...but that resistance in the low 20's is brutal...so getting to 25 is going to be a real tough. 
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