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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... see more

TSX:TOU - Post Discussion

Tourmaline Oil Corp (Alberta) > Stock down
View:
Post by fishcarrier on Jun 05, 2023 2:57pm

Stock down

Anyone understand why the drastic downturn in stock price? Looked promising first thing this morning. Now not so much...
Comment by uwebb429 on Jun 05, 2023 3:05pm
Maybe July AECO natural gas trading at $1.50 has investors worried about investing in natural gas focused companies. TOU should be OK long term. Short term, anything can happen. Sit back and wait for the next dividend and the next special dividend. The TOU share price will likely remain flat at best until the price of natural gas recovers.  
Tourmaline Oil Corp (Alberta)
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