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Bullboard - Stock Discussion Forum 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... see more

TSX:TOU - Post Discussion

Tourmaline Oil Corp (Alberta) > Great job TOU!!!
View:
Post by Gassy166 on Mar 10, 2021 8:17pm

Great job TOU!!!

Well COVID ffffdd up a lot of companies but TOU come out smelling like a Rose! Pun intended! They have a lot of decisions going forward like what to do with FCF almost doubling in 2021.....debt is already low 0.4x 2021 FCF so no point paying that down, so what's left? Share buybacks = higher share price.
accretive acquisition = higher share price. Increase dividends = higher share price. The only thing that could make this better is if the price of the stock stays around this level for another 6 months. Thanks TOU!
Comment by Will101 on Mar 10, 2021 8:49pm
I agree! What a great company.....This one is to keep for a long time....
Comment by clamlinguine on Mar 11, 2021 2:04am
Yes ! Great job. Everything cool except for a weak dividend increase and bullshit about wasting my money on emissions reductions. We are doing more than enough already. Buy back the effing shares! Increase divys! No one will give you anything for emissions reduction. 
Comment by clamlinguine on Mar 11, 2021 2:45am
Honestly I'm pissed off. They could have easily doubled the dividend, but no, they're hoping to find a way to throw away hard earned money. Very typical. They could be paying a 15% dividend but they want to keep find ways to eff up a good thing. Time to cash in!!
Comment by therealDonald on Mar 11, 2021 9:21am
Great company, good results. But I'm not going to park my money on a gas story this summer and watch oil go through 70$ per bbl without me.  see you again in September   
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