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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

Post by retiredcfon Jul 18, 2024 6:43am
216 Views
Post# 36137883

Analyst Recommendation

Analyst RecommendationSecond stock in the clip; she and her family also own it personally. GLTA

https://www.bnnbloomberg.ca/video/shows/market-call/2024/07/17/brianne-gardners-past-picks-canadian-natural-resources-tourmaline-oil-and-merck-co/

PAST TOP PICK
Tourmaline Oil Corp(TOU-T)
17/07/2024
 
(A Top Pick Aug 23/23, Down 4%)
Despite pullback, still sees positives going forward. About 22% upside to her target price. Plenty of cash that it keeps investing to continue the momentum of earnings growth. 9/10 on value, 8/10 on fundamentals. Not a core holding the way CNQ is.
Oil / Gas

Brianne Gardner
$59.540
Owned
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