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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)
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Post by retiredcfon Sep 05, 2022 10:00am
296 Views
Post# 34942003

Jason Mann's Comments

Jason Mann's Comments
BUY
Tourmaline Oil Corp(TOU-T)
31/08/2022 at 08:00pm
 
Loves it. Fantastic management, which owns a lot of shares. Scores at the top on momentum. 29% ROE, 8x earnings. Paying down debt, buying back shares. Small yield, but small payout ratio.
OIL / GAS
 
Jason Mann
$76.510
Owned
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Dealroom for high-potential pre-IPO opportunities