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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 MyHoneyPoton Jan 12, 2022 11:45am
94 Views
Post# 34308379

RE:RE:ARX.TO (ARC Resources) has ugly and significant short

RE:RE:ARX.TO (ARC Resources) has ugly and significant short If you go on canadianinsider.com you can see the shore position for a company. 

I find that its kind of hard sometime to call shorts because you many be selling or adding uncovered options just for the purposes of the trading platforms benifit. 

I think we are running up towards earning, and the energy industry where the stock are trading a real low multiples will have earning multiples that will blow the minds of wall street, because of the continous grind regarding cost reduction. 

With are they are 4 billion dollars away, share buyback, debt repayment, and have 700 million in future capex slated for Attachie over and above Maintenance Capex Plan. 

So TOU is years ahead, with 3 million acres and tons more fiscal flexibility to engage green energy projects, and grow the company. 

I think ARX will have a great fourth quarter and TOU will have a equally great quarter, but a much brighter future in terms of being a shareholder.

IMHO
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