The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

The company’s rise is all the more impressive because Tourmaline is a natural gas producer, and that’s a tough business to be in right now.
The company’s rise is all the more impressive because Tourmaline is a natural gas producer, and that’s a tough business to be in right now.
(HENRY ROMERO/REUTERS)

Tourmaline still shines, defying odds for natural gas players

If Tourmaline Oil Corp. operated in any other sector, its 50-per-cent return in 2013 wouldn’t be anything special. Last year Canadian Tire posted a similar gain.

But the company’s rise is all the more impressive because Tourmaline is a natural gas producer, and that’s a tough business to be in right now.