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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) > Question
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Comment by fishcarrieron Oct 14, 2022 5:06pm
205 Views
Post# 35025770

RE:RE:RE:Question

RE:RE:RE:QuestionMea culpa. Correction. I misread the report. They expect q3 earnings to be $1.925/s, down from 90 days ago at $2.715/s. Sales for 2022 are expected to be $8.1B and $8.3B in 2023. Earnings for 2022 are expected to be 7.50/s; in 2023 $14.12. I don't follow how sales will be up just slightly while earnings are expected to be almost double. Have a good weekend everyone! 
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