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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 retiredcfon Mar 07, 2024 4:27pm
233 Views
Post# 35921377

Analyst Comment

Analyst CommentWorth noting that his primary focus is ETFs and US stocks. GLTA

WAIT
Tourmaline Oil Corp(TOU-T)
07/03/2024
 
Well run, strong company. But we're in a different market right now, where value won't perform as well as growth. If money's rotating out of your neighbourhood, you'll probably underperform. A place to be when energy pops.
Oil / Gas

Cole Kachur
$62.580
Unknown
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