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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

Post by fishcarrieron Nov 08, 2022 2:10pm
217 Views
Post# 35082856

Good for you Checkmate77

Good for you Checkmate77I am happy for you that you can cover your calls and put it out there. I am much too old to learn that game. But I do trade up and down a lot to get my cost price down. So, I sold some stock yesterday over $83 and bought some back at $82+ and so on. Then today I anticipated that the stock would go down. Therefore sold some more at high $79 and bought back mid $78. Occasionally I miss the boat, but practice makes closer to perfect.

I see Freeport still needs regulatory approval to ship LNG, but the ships are already lining up. Then, where I live the highs next week are around 4 degrees (or 40) and we're heating with far more expensive gas than last year. All of which should bode well for energy stocks like TOU.  GLTA.
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