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. 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

Tourmaline Oil Corp (Alberta) > ARX.TO (ARC Resources) has ugly and significant short

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Comment by GunnerGon Jan 12, 2022 9:16am

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Post# 34307298

RE:ARX.TO (ARC Resources) has ugly and significant short

Aren't you comparing apples to oranges? First paragraph you talk about "short ratio" and second paragraph you compare the "short position" to total float.

Special dividend equaled many years worth of ARC dividends. Using a simple comparison of one to one share that is true. But we all know one to one share is not a realistic comparison.

Also, I think you are wrong when you stated "Every single TOU technical for short, mid and long term is extremely bullish." Are you sure every single one?

We all know it is a false statement.

bagcheese wrote:

Based on the latest financial disclosure, ARC RESOURCES LTD has a Short Ratio of 15.49 times. This is nearly 200% higher than that of the Energy sector and 300% higher than that of the Oil and Gas E&P Industry. That's ugly. This short position is way to significant to have my interest and the shorts position isn't seemingly interested in coving or slowing.

Tourmaline (TOU.TO) on the other hand has a short position of just 1.39% of the total share float and the short portion of Tourmaline is the lowest right now than it has been in ~ a year.

Even if you can't read technicals or charts. Compare TOU's chart to ARCs chart. TOU obviously has a way more solid and confirmed chart and technicals as well.

I'm glad someone mentioned the special dividend. Last Fall TOU paid a special dividend and hinted at more to come. This special dividend was 75 cent per share and equaled many years worth of ARC dividends all in one shot. For me personally it was massive as I've accumulated TOU shares since 2012. I welcome more of these special dividends that have been said to be coming.