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Silver North Intersects 1.83 metres True Width of 1,088 g/t Silver, 3.90 g/t Gold (click to learn more)
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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) > Delayed Response to Earnings
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Post by retiredcf on May 20, 2024 1:36pm

Delayed Response to Earnings

EPS of 69c missed estimates of $1.17; revenue of $1.47B matched estimates. It raised its dividend, declared a special dividend and confirmed production guidance. Production rose 13%. Cash flow (a more important metric than earnings for energy companies) was $2.45 per share. TOU expects $1.4B in free cash flow this year. Cash flow guidance was raised $200M+. Several brokers raised targets and we would consider the results very good. (5iResearch)
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Tourmaline Oil Corp (Alberta)