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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 Beakr123on Jan 20, 2022 5:01pm
148 Views
Post# 34339430

RE:RE:RE:RE:RE:A close above 47.86 would be awesome

RE:RE:RE:RE:RE:A close above 47.86 would be awesomeAgreed. You've been in for awhile, amazing you've held this long. Interestingly enough, TOU was the first company I ever purchased stock in the day they IPO'd. Although I've been in and out of the stock over the years its always made me money.

I'm sure the +/- and/or validity of P/E ratios can be passionately debated but you still bring up an interesting point about it. Of the group selected I'd say ARX would be the most comparable which is funny to say given the overall poor performance of the stock in relation to the rest of the sector. This day and age I prefer to take a macro view on underlying commodities, then select my favorites based on a few key metrics like debt, FCF potential and near term (next year or so) plans. You could spend all hours of the day peeling back every financial layer to compare ratios etc etc but I honestly dont feel like the effort is even necessary anymore since nothing in this market makes sense across the board. Pick a popular stud and buckle up. At least thats my overly simplistic (read: lazy) Canadian energy investment strategy which has worked great for me for the last year. 
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