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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 Beakr123on Jan 12, 2022 12:18pm
107 Views
Post# 34308585

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

RE:RE:RE:RE:ARX.TO (ARC Resources) has ugly and significant short This is going to sound rude but nobody cares about how much you pay or how big your savings account might be. Perhaps you are a successful investor but to me that just screams insecurity and is a red flag for someone making a poor attempt to gain some sort of credibility.

Moving on... so how up to date is your shorting info? The point I'm trying to make is that if it isnt current (which most arent) then comparing shorting ratios or whatever is somewhat irrelevant. This week for example ARX has outperformed TOU with an approximate 12% gain while TOU is half of that (+/- 1 or 2 percent I'm just doing quick math). If shorts we abundant then movement to the upside would be somewhat stifled.

I agree, when looking at TOU and ARX I think its fair to say there is no comparison. TOU is a much better choice fundamentally. That said, ARX presents an intriguing investment opportunity considering how undervalued it looks when compared to its peers and may even be a better choice in terms of stock appreciation in the short term. I'm still not convinced ARX is the place to be but it is worth mentioning.
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