Bullboard - Stock Discussion Forum 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... see more

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Tourmaline Oil Corp (Alberta) > Today's Action

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Post by retiredcf on Jun 14, 2022 9:47am

Today's Action

Anyone wondering about this morning's decline in SP, BNN just featured that the price of NG is down 13% as the market digests news about delays at the Texas refinery that earlier suffered a fire. GLTA

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Comment by fishcarrier on Jun 14, 2022 12:02pm

That explains it. Actually not to worry. This spring when the share prices went up, noone expected NG prices over $7 mid June. Sooner or later, things will rise again. Good opportunity to grab some more stock.

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Comment by idleweiss on Jun 14, 2022 12:21pm

wait a little bit longer. The expected price is supposed to go below $7. I have bought back a little bit. But am waiting for the gas price to go below $6

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