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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

Tourmaline Oil Corp (Alberta) > Analyst Comment
View:
Post by retiredcf on Apr 26, 2024 6:48am

Analyst Comment

He's a conservative analyst with Goodreid and doesn't have much in the energy sector other than TRP. Made similar comments for ARX but he doesn't own that one as opposed to owning TOU. GLTA

BUY ON WEAKNESS
Tourmaline Oil Corp(TOU-T)
25/04/2024
 
Largest natural gas producer in Canada. Shares volatile, fluctuating with the shares of nat gas. Now on a rebound. Key to the story is management, has done a good job and owns lots of shares. Balance sheet flush with cash, picked up assets at discount. Profitable at $1.50 gas, and gas is above that. Known for its special dividends. Yield's around 3.5%, often gets close to 10% with the special dividends. Hold now, buy more on weakness.
Oil / Gas

Robert Gill
$67.540
Owned

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