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Bullboard - Stock Discussion Forum 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... see more

TSX:TOU - Post Discussion

Tourmaline Oil Corp (Alberta) > Perfect Storm Today
View:
Post by SadieLadyCO on Mar 06, 2024 8:54am

Perfect Storm Today

Markets up, Oil up, NG up and TOU report tonight...WOW
Comment by PlutusofCrete on Mar 06, 2024 11:12am
Will TOU have a similar result at POU?
Comment by 7Twiggy on Mar 06, 2024 1:11pm
Hopefully not with all the gas hedged.  I would be surprised if we are looking at shut-ins. "Paramount Resources shares fell by over 10% to 28.13 Canadian dollars ($20.70) after the company lowered its sales volumes forecast for 2024 in part amid shut-ins of dry gas production due to current commodity prices."
Comment by TouchDown12 on Mar 06, 2024 3:19pm
I would say no shut-in for TOU.  Plus they could just focus 2H'24 on condonsate producing areas to gain the right pricing. In addition, they likley have more info on their Bonavista aquizition non-core land sale - and new distribition agreements on LNG CDA and others. Lots of news coming in a few hours. I picked up some more shares in the 62.80 range this afternoon. GLTA  TD12
Comment by CriticalMind55 on Mar 06, 2024 3:23pm
Much better management at Tou, I would not comapre POU to TOU that would be poo poo.
Tourmaline Oil Corp (Alberta)