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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 Central1951 on Jan 29, 2023 4:18pm

Eric Nuttall

I never trust anyone who seems they are so sure of themselves all the time as he purports to be. I find that quite often BNN is desperate for guests and Eric Nuttall is always there to fill their air time. Why does he spend his time answering viewer phone calls instead of managing his portfolios of oil and gas.
I think he's over extending his clairvoyant abilities by stating NG could go to zero. Some viewers take what he says as fact and base their investment decisions on his hypotheses
Comment by geric on Jan 29, 2023 5:00pm
Some investors keep their finger on the trade button when he's on.  Case in point, if you look at the chart on Friday for ATH, at the moment he called it as one of the top picks, 2 million shares traded.  That appears to be the influence he has.  In a way this is how he manages his portfolio.  jmho
Comment by EdPaquette on Jan 29, 2023 6:55pm
Ok, natural gas is going down, and maybe down to zero.  I sold my shares when gas went below 3 and planning to get back in when gas bottoms out.  I wonder how low TOU can go?
Comment by Veterantrader64 on Jan 30, 2023 2:07pm
Hello, Don't forget that TOU has 26% of 2023 gas production hedged at $5.26 / mcf. That will help their numbers with gas this low.
Comment by TouchDown12 on Jan 30, 2023 3:12pm
Yes - and anyone know the NG/OIL/NGL's overall production profile for 2023? Does it not have a fair amount of Oil/NGL's based on Oil strip? Like maybe 20%? So.... 20% Oil based pricing plus 26% of the remaining 80% NG is at 5.26...is aboout 40% of todal production not impacted by current NG strip.... That's why I added more today. TD12
Comment by EdPaquette on Jan 30, 2023 3:28pm
The opposing view against the nutman.  https://longforecast.com/natural-gas-forecast-2017-2018-2019
Comment by Central1951 on Jan 30, 2023 4:02pm
Source.  How can anyone predict the price of natural gas 3 years out?  Did this prognosticator predict $10 Natgas last year. I doubt it.  Can we back check it?
Comment by Fredthereferee on Jan 30, 2023 4:48pm
The way markets are behaving these days any forcast and price prediction is out the door! Anyone making their investment decision based on these predictions is as crazy as predictor! Remember they predicted Bitcoin going to $140,000!!!
Comment by Fredthereferee on Jan 29, 2023 8:09pm
Well he said he would like to pick 1 million to 1.t milion shares of TOU when it is the right time. He is pushing for that right time for telling people NG going to zero and do not touch TOU!!!
Comment by Lupuslupus on Jan 29, 2023 9:44pm
I wonder if Mike Rose is going to take heed of Nutalls warning? lol
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