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Tourmaline Oil Corp (Alberta) T.TOU

Alternate Symbol(s):  TRMLF

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

Comment by bagcheeseon Sep 30, 2021 4:12pm
87 Views
Post# 33947340

RE:When you're the king, there's always little ankle bitters

RE:When you're the king, there's always little ankle bitters

Hey everybody. Since we close up 5% today and ARX only closed up 3% should we head over to the ARX board and tease them about it or are we the big pappy and and don't need to do that childish stuff they do.


Welp, it's certainly is great to be at the top and having the ARX investors nipping at your heals. Makes us feel special. Like we have something they want and will never be able to achieve with their management team and balance sheet.
 

There's no forward guidance on ARX and that signals a huge red flag for a resource company to have no forward guidance literally nothing and they had to cut their dividend twice when the commodity price didn't even really move substantial. Institutions are Leary of these items and aren't adding to their positions in ARX  their recommending a buy but none of them are actively adding as theirs better names  

 The market has spoken and clearly favours TOU. ARX is totally reliant on the commodity price. TOU was still going up when oil hit the short reversal but ARX went down and down hard. Now ARX has a breathe of life due to the commodity price but would you want to rely on the underlying commodity as much as ARX clearly does given its chart in relation to the commodity. I certainly wouldn't. More upside potential and downside aversion with TOU. And the marketplace has clearly taken notice as per the charts. 

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