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Bullboard - Stock Discussion Forum 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... see more

TSX:TOU - Post Discussion

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Post by Tslayer on Mar 08, 2024 11:35am

Cheerleading

Awful lot of cheerleading and back slapping over this stock but I've held it for 2 years and it's been nothing but a huge disappointment. Sure it's paid a small regular dividend and special dividends but 2+ years and I've never been out of the red. Investors considering this stock should do their own research and not base any decision on these forums.
Comment by GunnerG on Mar 08, 2024 1:14pm
The high is the last two years was $84.33 and you paid higher than that, sorry to hear. On the plus side, you have received $14.46 in dividends over the last two years which should ease your pain somewhat.  That is 17% on an $85 ACB over the two years, not sure what your ACB is. Unfortunately no NG company has control over the world prices they get for their products and you bought during ...more  
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