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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

Comment by newtonboyon Jan 31, 2024 12:24pm
261 Views
Post# 35855109

RE:RE:RE:Special dividend

RE:RE:RE:Special dividendBy checking the dividend dates from TOU 's dividend report it clearly indicates that 4 (four) Special dividends were paid in 2023. The first of four for this business year 2024 has, as everyone knows, not been announced as of yet. I'm guessing there is presently alot on their business plate which likely will determine the amount. Could be less than the past but what's important is any Special divy means they are in good shape financially and are willing to share with shareholders. 
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