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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

Comment by fishcarrieron May 05, 2023 2:16pm
157 Views
Post# 35433525

RE:Looking at the Trading activity, looks like the market maker

RE:Looking at the Trading activity, looks like the market makerYes, I was thinking the same. TSX is up 1.5%, Oil is up 4.1%, ng is up even at +2.2%, a big dividend is ripe,  and Tourmaline is actually down from yesterday. Have we got a dose of shorters visiting us? I guess the market at times doesn't make sense. 
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