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) > Another reason for the drop could be that

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Comment by GunnerGon Jan 23, 2023 8:25pm

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Post# 35241185

RE:Another reason for the drop could be that

Winner winner chicken dinner.

You nailed it, the traders have locked it in and are looking for another stock to trade. If people looked at the history of the how the sp moves, you could make $6 - $8 while not getting the special divy.

I have a base amount I will not sell and a smaller amount I like to trade with.

CriticalMind55 wrote: a few investors/institutions are selling today now that they have locked in their dividends. Could be a good time to buy IMO. Mike Rose seems to think that...

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