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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 fishcarrieron Nov 08, 2022 2:10pm
191 Views
Post# 35082856

Good for you Checkmate77

Good for you Checkmate77I am happy for you that you can cover your calls and put it out there. I am much too old to learn that game. But I do trade up and down a lot to get my cost price down. So, I sold some stock yesterday over $83 and bought some back at $82+ and so on. Then today I anticipated that the stock would go down. Therefore sold some more at high $79 and bought back mid $78. Occasionally I miss the boat, but practice makes closer to perfect.

I see Freeport still needs regulatory approval to ship LNG, but the ships are already lining up. Then, where I live the highs next week are around 4 degrees (or 40) and we're heating with far more expensive gas than last year. All of which should bode well for energy stocks like TOU.  GLTA.
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