Tourmaline Oil Corp TOU

Morningstar Rating

Tourmaline Oil Has Decades of Low-Cost Inventory but Limited by Infrastructure and Demand

Business Strategy and Outlook

Tourmaline Oil is focused on boosting production and building out the necessary infrastructure to support it. The current capital plan, should market dynamics justify it, envisions increasing production by 170 thousand barrels of oil equivalent per day by 2031. In 2026, the plan was paused for a year to shore up cash flow amid low gas prices.

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