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) > Free cash flow

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Comment by GunnerGon Mar 02, 2022 6:14pm

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Post# 34477029

RE:Free cash flow

Oooh Yeah............"In 2023, Tourmaline will become the first Canadian EP company participating in the LNG business with full exposure to JKM pricing, providing a material increase to anticipated 2023 cash flow based on the February 15, 2022 JKM strip pricing."

Dogsbreakfast4U wrote: 1.49 billion in 2021 2.85 billion in 2022 The majority of that cash will be distributed to us the lucky shareholders of this great company via regular dividend, special dividend and share buyback. This is a stock you want to own for the long term as demand for natural gas is only going up from here. I think we will see this stock near $60 by May.

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