Tourmaline reported fourth quarter financial and operating results which were largely in line with our forecast, though we note discrepancies between our physical and financial hedges, as compared to the company’s, on the initial rollout of our diversified natural gas market pricing model a few months ago. With this update, Tourmaline has left their 2018e capital investment guidance unchanged at ~$1.1 billion to achieve production of 270,000- 280,000 boe/d. However, the company previous
07 Mar 2018
Tourmaline announces 4Q17 results
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Tourmaline announces 4Q17 results
Tourmaline Oil Corp. (TOU:TSE) | 0 0 2.9% | Mkt Cap: 5,137m
- Published:
07 Mar 2018 -
Author:
Robert Fitzmartyn -
Pages:
9
Tourmaline reported fourth quarter financial and operating results which were largely in line with our forecast, though we note discrepancies between our physical and financial hedges, as compared to the company’s, on the initial rollout of our diversified natural gas market pricing model a few months ago. With this update, Tourmaline has left their 2018e capital investment guidance unchanged at ~$1.1 billion to achieve production of 270,000- 280,000 boe/d. However, the company previous