Tourmaline Oil Corp. (TOU.TO) has spent the past four years consolidating within a trading range of roughly $45 to $65 per share, with current prices pressing near the upper boundary. Recent chart action shows a bullish point‑and‑figure triangle breakout, positioning shares to potentially challenge resistance at $67.06 and $69.77 for new all‑time highs. Against this backdrop, natural gas—the company’s primary commodity, has surged with strong relative strength, reinforcing the potential for Tourmaline to benefit from favorable sector momentum.