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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 Cheadle12on Nov 08, 2021 10:48pm
196 Views
Post# 34103202

RE:RE:RE:RE:RE:Mike Ro$e

RE:RE:RE:RE:RE:Mike Ro$eand lately (less capex desired by investers -> Return of Capital) - price to FREE cash flow.

CHECKMATE77 wrote:

Oil/gas stocks do not trade as a ratio of pe
they are more reflective as trading as a ratio of price to cash flow

 



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