Bullboard - Stock Discussion Forum 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... see more

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TSX:TOU - Post Discussion

Tourmaline Oil Corp (Alberta) > Very Light trading

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Post by SadieLadyCO on Mar 04, 2024 11:38am

Very Light trading

at the moment...

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Comment by 7Twiggy on Mar 04, 2024 12:54pm

Thats for sure. Guess most waiting till Wednesday. Was going to take a starting position in Cresent Point, but based on the way NG trading added to TOU instead. Most likely the high price of the stock keeping a few away. This stock looking more and more like a longer term hold.

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Comment by CriticalMind55 on Mar 04, 2024 1:03pm

A stock split 2:1 would be nice to bring the TOU price down to around $30 Ish, so a board lot would cost around $3K for retail investors, they did this to Berkley Petroleum several times as I recall, the SP always went up after the split to even higher prices before the split, it was beautiful! :)

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