Tourmaline Oil Corp (Alberta) T.TOU

Tourmaline. Canada’s Top Nat Gas Producer

[bagcheese]

Canada’s top natural gas producer stock Tourmaline Oil (TSX:TOU) is already up 145% this year. Moreover, to shareholders’ delight, the company has announced a special dividend of $0.75 per share payable next month. Notably, the special dividend is higher than its annual shareholder payout of $0.72 per share. Apart from the special dividend, it has already increased dividends twice this year by almost 21% compared to payouts in Q4 2020. https://www.fool.ca/2021/09/24/tourmaline-oil-tsxtou-delights-shareholders-again/amp/

[Beakr123]

Old news...

[Cheadle12]

But worst performing Nat Gas stock today, again (just like Friday, and the Thursday before Friday and the Wednesday before Thursday). Better names are Arc Resources, Crew Energy. This one is pretty 'toppy' up here for sure, holders moving into higher torqued names for sure leaving Bagcheese and team holding the bag.. of cheese.

[bagcheese]

Hahaha where were you last week when TOU was up 12% on the week? Oh and the Special Dividend that TOU is going to pay is a year work of ARC dividend payments and on top of the regualar quarterly dividend which was raised. Being up over 145% on the year is quite a nice place to be ...oh ARX? ARX is up ~ $1/share in the last 3 months Hahahahahaha 

[Dragon1]

I was saying a while back that if we kept seeing NG prices over 4$ that they could increase divs,buy back shares,and reduce debt.I forgot to mention that at 5$ they could make acquisitions and add a special div.If FCF keeps increasing I think TOU will run out of ideas on what to do with all this cash. PS I sold VET to buy TOU and don't expect to have regrets although they will cash in big on