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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...
Oil. It has ownership interests in 22 natural gas plants in the Alberta Deep Basin. It owns and operates seven natural gas processing facilities with an aggregate capacity of approximately 1.0 Bcf/d with related gas gathering systems and NGL handling infrastructure in the NEBC complex. The Company owns and operates two oil batteries in the Peace River Triassic Oil basin. The Company’s operations are focused on northeast British Columbia and include a large contiguous land base with a Montney resource. Its Montney area assets include Septimus / West Septimus, Groundbirch, Monias and Tower.
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Bullboard (TSX:TOU)
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(323)
•••
BigJake
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Comment by
BigJake
on Nov 25, 2024 9:10pm
RE:In the light of the latest press release
The press release states the money will be used for infrastructure in the Monteny
(97)
•••
Lupuslupus
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Comment by
Lupuslupus
on Nov 25, 2024 8:34pm
RE:In the light of the latest press release
This is what they're using the proceeds for Tourmaline is selling the Common Shares as part of a long-term plan to reduce its equity position as Topaz develops and continues to succeed as an
...more
(23)
•••
Alex69
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Post by
Alex69
on Nov 25, 2024 6:38pm
In the light of the latest press release
So Tourmaline is selling Topaze's shares and getting heluva lots of cash, looks like the market likes the idea, does anyone can elaborate on the possibel outcomes of this, obviously all this cash
...more
(0)
•••
PressRelease
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Post by
PressRelease
on Nov 25, 2024 4:35pm
New Press Release - TOURMALINE AND TOPAZ ANNOUNCE $242 MILLION BOUGHT DEAL SECONDARY OFFERING OF TOPAZ COMMON SHARES
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./CALGARY, AB, Nov. 25, 2024 /CNW/ - Tourmaline Oil Corp. (TSX: TOU) ("Tourmaline" or the "Selling Shareholder") and Topaz Energy Corp. (TSX: TPZ) ("Topaz" or the "Company") announced today that they have entered...
read article.
(73)
•••
fishcarrier
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Post by
fishcarrier
on Nov 25, 2024 3:38pm
Natgas a winner
OilPrice.com writes headlines: The Trump administration is expected to curtail environmental regulations, allowing utilities to transition from coal to natural gas without offsets or
...more
(394)
•••
uwebb429
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Post by
uwebb429
on Nov 24, 2024 11:33pm
TOU Retest $75
https://x.com/trend_bullish/status/1860772542924902702
(68)
•••
Whampoa
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Post by
Whampoa
on Nov 24, 2024 7:30pm
NG up 9.11% globex open to start the week.
NG up 9.11% globex open to start the week, US$3.415 Friday hi mark was US$3.563
(335)
•••
1condor
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Comment by
1condor
on Nov 24, 2024 6:17pm
RE:II seem to be getting on board for both NG and Oil.
The blast of cold air heading to the Eastern U.S. for later this week (and extending into early December) should also provide a bump to NG. All NG players should have a good run here.
(27)
•••
60606060
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Post by
60606060
on Nov 22, 2024 11:09am
II seem to be getting on board for both NG and Oil.
TOU SP is rising well and a new high is imminent (next week) and several new highs are coming in the next 3 months. For oil, CNQ has sparked new interest from old IIs and Shorts will see the door in
...more
(6085)
•••
retiredcf
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Post by
retiredcf
on Nov 22, 2024 8:08am
RBC Notes
November 21, 2024 US Natural Gas: The Peak is In 11/21/24 Weekly Storage Withdrawal Bullish to Expectations Our view: This week's report likely marks the pivot into the
...more
(26)
•••
RJboxer
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Comment by
RJboxer
on Nov 22, 2024 8:03am
RE:RE:NG Prices
The huge run up in NG prices is great for TOU, but inventories are still bloated in N. America. As a producer I would be bringing back dry gas that has been curtailed and layering in hedges at current
...more
(0)
•••
werdawkwe13
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Comment by
werdawkwe13
on Nov 21, 2024 6:44pm
RE:NG Prices
Big run up in the last week for sure. But will it be able to hold the line in the $3+ range has been the question as of late. If it does, we could see the buy backs Eric is calling for with the
...more
(6085)
•••
retiredcf
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Post by
retiredcf
on Nov 21, 2024 3:17pm
Eric Nuttall
As you will read, he is becoming more bullish on NG but would like to see more buybacks with TOU (he mentioned, like ATH) so instead, he made ARX a top pick. GLTA WATCH Tourmaline Oil Corp(TOU
...more
(6085)
•••
retiredcf
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Post by
retiredcf
on Nov 21, 2024 9:09am
NG Prices
Looks like it's up close to 7% this morning. GLTA
(1)
•••
thumble
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Comment by
thumble
on Nov 21, 2024 7:47am
RE:Add
Yep, keep on adding every. day.
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