Tourmaline Oil Corp (Alberta) T.TOU

Lower dividends

[ngtraderng]

With NG trading for $4 and soon $3, we can expect lower dividends in 2023.

[RJboxer]

Mike Rose is not paying dividends based on short-term Henry Hub prices. Tourmaline is getting much better pricing in Canada, the West Coast U.S., and JKM. 

[zforzebra]

NG prices are tanking real fast and real hard.  I'm not sure what price it will settle at.  All the prices are inter-related eventually.  TOU does move in correlation to NG prices.  That said, TOU does also seem to make money at almost any price of NG, so it's an exceptional company worthy of owning.  I'm waiting for a better entry price, which may be ill

[ngtraderng]

Futures are already $3 and soon will be $2. There is too much fracked gas in North America and there will be more now that WTI makes fracking more economic.

[RusticHit]

natty Bubble busted badly as always

[zforzebra]

Going from too much to too little seems to change on a dime.

[GunnerG]

I hope you got in today near the low.