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) > Good investment?

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Comment by Veterantrader64on Mar 27, 2023 8:40pm

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Post# 35363624

RE:RE:RE:RE:RE:Good investment?

All good points, but it will suffer at these low gas prices until the first couple heat waves in June or so. I love this company and their management, but if I can buy them in the low 40's or cheaper, I will.
Previously bought at 22 and sold recently for 60; gotta like that. I remember watching them during COVID and was gonna average down after they were about 8 bucks... they were $16 .... never did. Oh well still did well on 2000 shares.
Be patient is what I am doing.

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From now on, dynaCERT instead of Bitcoin or NVIDIA?