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 Jul 30, 2024 6:12am

235 Views

Post# 36153832

Analyst Recommendation

His energy holdings are limited as his focus is on utilities and infrastructure but he is optimistic on NG prices. ARX was one of his top picks. GLTA

BUY

Tourmaline Oil Corp(TOU-T)

29/07/2024

He likes it but doesn't own it. He owns ARX instead. Tourmaline owns more dry gas. Natural gas has been a tough commodity year to date but is a solid investment in the medium to long term

Oil / Gas

Ryan Bushell

$58.970

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