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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) > special dividend
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Comment by bagcheeseon Mar 17, 2022 6:33pm
158 Views
Post# 34523553

RE:RE:RE:RE:RE:RE:special dividend

RE:RE:RE:RE:RE:RE:special dividend I think it's pretty obvious at least one more (a 3rd) special dividend will be announced given the commodity price over the last 6 months. WTI and Nat are both much higher than when TOU paid out the other two special dividends.

TOU announced their intensions of paying more special dividends and its safe to assume at least one more is coming given spot pricing. Wasn't the first one paid when WTI was in the $80's? It's $103 atm.

There's actually people shorting this? Lol, how's that going for yas? 
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