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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 GunnerGon Apr 21, 2022 10:03am
139 Views
Post# 34619780

RE:This and $CNQ are the best names

RE:This and $CNQ are the best namesThe facts are TOU has only paid $1.25 in special divy and have not announced any additional special divy's for 2022.

Your talking hypothetically the way you have stated the amount of the special divy.  

TOU is a great company but maybe they have other plans for the money the next six months.  Only they know.


Cheadle12 wrote: to own in the sector bar none.  Many investors have said "well they are higher prices, so I'll buy cheaper stocks that could run up more", but have they?   Both Tourmaline and CNQ have run up so much and keep going.  Plus both pay great dividends.  Tourmaline paying out $4 in special dividends in 2022 is exceptional.  That's a $4 hedge on your share purchase price alone + base dividend.  

Buy the best and sleep easy.

~TGC.


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