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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 bagcheeseon Sep 22, 2021 12:14pm
143 Views
Post# 33898581

Look at these guys lipping TOU

Look at these guys lipping TOU Since Cobalt and Cheadle12 started lipping TOU, TOU is up over 50% hahahaha man must be hard to eat those short calls.

Also, "get back on a bull market?" WTI is currently $71.80 and near it's highest levels since 2018 and NAT G is $4.83 hahaha

Where is the tecnical bull market signal the bull market in oil is over? There's been no technical nor fundamental indicator that shows the bull market in oil wont continue for a minimum of 7 -10 more years. The 2 trillion and stimulous directed at Covid relief and restictions being lifted are driving demand well beyind pre pandemic levels. 

Look at the price in Nat gas and we are in the shoulder season of demand at $5 now, and some say it could go up another 50% per unit by Christmas...............................and TOU makes money on Nat gas at less than 2 hahahahaha

The next report for TOU is going to be the best ever

TOU is trading at 1.2 x book, industry average is now over 2x
TOU has a higher EPS that Enbridge; 4.58 for TOU vs. 3.00 for Enbridge

Just asking for some confirmation the bull market is over or will end as all im seeing is the complete oppisite
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