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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) > MHP exited ARX & entered TOU at the wrong time..
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Post by Cheadle12 on Dec 06, 2021 10:36am

MHP exited ARX & entered TOU at the wrong time..

Gas is tanking, Oil & C5 is up..

MHP, shoulda stuck with ARX.. TOU down big league today.. coulda even bought here cheaper today vs. last week at the top.  Don't chase.

~TGC.
Comment by MyHoneyPot on Dec 06, 2021 11:12am
I had a lot of ARX and i sold it all, and actually bought back in at $10.63, i am pissed off with Arx Management. You would have never of known it. (Arx still has 2 billion in debt, and a share float over 700 million shares, it trades terrible) I look at TOU like this, this stock is not going to crater because they will just buy back shares, and there really  is not that many share out there ...more  
Comment by GunnerG on Dec 06, 2021 12:59pm
MHP, you have been pissed at ARX management for a long long time. Buying back in at $10.63 after hearing all your bltching and moaning makes me wonder how sane you really are. Won't be long before you start to find something wrong with TOU.  All IMHO
Comment by Cheadle12 on Dec 06, 2021 6:32pm
I agree, I think TOU is a very well run company and any dip in stock price, is temporary.  TOU isn't dependent upon weather for FCF, Mike Rose controls the weather.  Good to own a few names though, ARX & TOU each have their strengths.  ARX mgmt is atrocious, but the asset quality is very high.  $500M in FCF in the quarter, even with abysmal hedges.  The stock is ...more  
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