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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 gilllison Apr 29, 2022 8:57am
201 Views
Post# 34641692

RE:RE:TOU's share price going nowhere

RE:RE:TOU's share price going nowhereNo one cant be sure of anything. I am sure you ll make money even at the price youpaid yesterday. On apr 18, the stock reached 66$ and since then, goes back and forth between 62 and 65. But the stock fundamentals cant be expected to be better. The stock should be easily at 70$ but the market seems to apply a discount for the uncertainty of mgt's next move. That said, it is only my opinion and l have been more wrong than right in my investing carreer. I am certainly not trying to put pressure on the stock with my small investment in the company. 
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