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Bullboard - Stock Discussion Forum 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... see more

TSX:TOU - Post Discussion

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Post by retiredcf on Mar 08, 2023 8:16am

ATB Capital

ATB Capital Markets’ Patrick O’Rourke lowered his Tourmaline Oil Corp.  target to $90 from $95 with an “outperform” rating. The average is $90.86.
Comment by docker1 on Mar 08, 2023 11:30am
With Natural Gas prices averaging 40% or less than last year,  I cannot see how they can predict Tou moving to over $90.  We did not reach that amount last year when natural gas prices was high.  This is a great company which I have owned.  I will buy back in when the price of the product they sell starts to move up.  
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