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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 Dogsbreakfast4Uon May 06, 2022 12:32pm
177 Views
Post# 34662509

RE:Xdiv

RE:XdivTD says the ex div date is 11 May and record date is 12 May. This is the info I'm relying on.

An example from Investopedia of how this works.

Record Date vs. Ex-Dividend Date Example 

Here's how the record date and ex-dividend date would work in the overall dividend payout process.

 
 Declaration Date Ex-Dividend Date Record Date  Payable Date
February 4 February 17 February 18 March 14
 

Let's say that on Friday, Feb. 4, XYZ Company declares a dividend for its shareholders. The company's board then announces a record date of Friday, Feb. 18. Shareholders of record on that date will be eligible to receive the dividend. Typically, the ex-dividend date would fall one business day before the record date, or, on Thursday, Feb. 17. An investor who purchases shares on or before Wednesday, Feb. 16 will be a shareholder of record on Feb. 18 and will receive the dividend to be paid on March 14. An investor who purchases shares on or after Feb. 17 will not be entitled to the dividend.

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