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Tourmaline Oil Corp (Alberta) T.TOU

Alternate Symbol(s):  TRMLF

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

Post by og1959on Mar 10, 2021 8:11pm
267 Views
Post# 32769126

Q4 blows away the street

Q4 blows away the streetTD says concensus was in mid 40 cents for Q4 vs 2.28

in 4 weeks since BNN appearance 2021 FCF goes from 850million to 1.1 billion

5 year goes from 3.5 billion to 4.1 billion

Note they also say Q1 will be materially higher than forecast- thinking it may approach 1 billion profit

This was a buy for nearly all analysts already with targets high 20's to mid 30's

Gotta think upgrade are coming and with results this will be a lot higher tomorrow- disappointed if not at least a couple of $
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