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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

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Post by Dogsbreakfast4U on Apr 08, 2022 8:33am

Nat Gas Prices

Nymex is at $6.53 and AECO is at $6.12 this morning. TOU price assumptions mentioned in their latest presentation are much lower. FCF will exceed already predicted extraordinary levels. Since management has told us that the majority of that cash belongs to us we all know what this means. I thought of selling at $60 but its clear now that this stock is going much higher in the coming year, recession or not.
Comment by fishcarrier on Apr 08, 2022 9:22am
Recession or not, I need Ng for house heat, you need it, and Europe needs it, and China and on and on. I see demand increasing rather than decreasing for the quite some time. Outlook is very good. Green energy is coming, but very slowly. 
Comment by RemoraDeVille on Apr 08, 2022 10:10am
This post has been removed in accordance with Community Policy