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) > Delusional!

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Comment by rico91on Jan 23, 2023 6:31pm

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Post# 35240979

RE:RE:Delusional!

So you are saying that the Exchanges decided that TOU was perfectly priced prior to ex divy day and therefore They decided to cut the share price by $2 themselves? I thought that investors decided either correctly or incorrectly what the share price should be? Why bother to give a dividend if the SP will be cut by the same amount!
I am no further ahead and actually down $2 a share until I actually receive my dividend!
Rico

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