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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 HighOctane89on Sep 08, 2022 5:45am
197 Views
Post# 34948661

RE:Dividend details ( Worth Repeating IMO)

RE:Dividend details ( Worth Repeating IMO)I think more interesting than the regular dividend is the fact TOU will be added to the S&P TSX60 , the addition to the elite index will cause funds and ETF's to add the stock to their portfolio . With a dividend pending , winter just around the corner and the impending addition to the 60 , it makes me wonder why this stock in particular is under pressure .

Winter temperatures and outsized interest rate hikes will all hit hard this winter , central banks and the political elite have dropped the ball but once again , taxpayers will be stuck with a bill for political incompetance . Drama teachers , journalists and career politicians know nothing about business other than how to fvck-it-up . Assume the crash position , Leslie Nielson is flying the plane and its bound to be a rough landing . 
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