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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

Post by retiredcfon Apr 15, 2022 7:41am
276 Views
Post# 34606117

National Bank

National BankWhile most other analysts are raising their targets, this one from National Bank has dropped targets for pretty much every energy company within their coverage. This included the likes of CNQ, SU, CVE, CPG, VET, etc. but the list below are the ones that I own. And based on our closing price, he's already behind the 8 ball. GLTA

ARC Resources Target Lowered by National Bankshares C$24.00 C$21.00
 
Birchcliff Energy Target Lowered by National Bankshares C$12.50 C$11.00

Freehold Royalties Target Lowered by National Bankshares C$19.50 C$18.00

Spartan Delta Target Lowered by National Bankshares C$18.00 C$14.50

Tourmaline Oil Target Lowered by National Bankshares C$75.00 C$62.50

Tamarack Valley EnergyTarget Lowered by National Bankshares C$8.00 C$7.00

Whitecap Resources Target Lowered by National Bankshares C$17.50 C$16.00
 
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