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)

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Post by retiredcfon Sep 02, 2023 7:38am

291 Views

Post# 35617322

Analyst Recommendation

Go to the 31 min mark of the clip. While it doesn't say so in the stockchase narrative, he focuses on dividend payers so also recommended TPZ, FRU and TOU. GLTA

https://www.bnnbloomberg.ca/market-call/full-episode-market-call-for-friday-september-1-2023~2752346

BUY

Peyto Exploration & Develop.(PEY-T)

01/09/2023

Buying shares recently.

Strong company with good dividend.

Expecting higher natural gas prices.

Hedging allows for safety on dividend.

Excellent management team.

Oil / Gas

Rob Lauzon

$12.820

Owned

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