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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) > Wrong on $47.75 resistance BTW
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Post by GunnerGon Jan 19, 2022 10:10am
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Post# 34332334

Wrong on $47.75 resistance BTW

Wrong on $47.75 resistance BTWJan 17 close at $46.05 next trading day it shoots to $49 in the first 1/2 hour of trading.

Jan 19th opened $48.14.

  • A resistance level represents a price point that an asset has had trouble exceeding in the time period being considered.

Resistance at $47.75, WRONG.  Blew past that number so fast.  

Enough poking the bear. Good bye
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