Tourmaline Oil Corp (Alberta) T.TOU

Alternate Symbol(s): TRMLF

Energy Oil & Gas E&P

Tourmaline Oil Corp. is a natural gas producer, which is focused on producing natural gas in North America. 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. It has ownership interests in 22 natural gas plants in the Alberta Deep Basin. It owns and operates seven natural gas processing facilities with an aggregate capacity of approximately 1.0 Bcf/d with related gas gathering systems and NGL handling infrastructure in the NEBC complex. The Company owns and operates two oil batteries in the Peace River Triassic Oil basin. The Company’s operations are focused on northeast British Columbia and include a large contiguous land base with a Montney resource. Its Montney area assets include Septimus / West Septimus, Groundbirch, Monias and Tower.

TSX:TOU - Post by User

Tourmaline Oil Corp (Alberta)

Bullboard Posts

Post by CaptainConnon Jul 12, 2019 10:36am

127 Views

Post# 29912968

What’s wrong with this stock ?

Why won’t it go up ? I would like to buy but this stock either can not or will not go higher than $17. Nat gas has had a nice run (I played the etf - HNU) but this stock won’t go up. I like the company but it does not make sense to invest in something that refuses to increase in value. I guess this dog just won’t hunt anymore....it is very disturbing to be honest.

Bullboard Posts

Dollar Tree CEO Rick Dreiling steps down as discount retailer struggles