BMO Capital Markets upgraded shares of Painted Pony Energy (OTCMKTS:TRMLF) from a market perform rating to an outperform rating in a research note released on Thursday morning, The Fly reports.

OTCMKTS TRMLF opened at $12.92 on Thursday. Painted Pony Energy has a 52-week low of $11.71 and a 52-week high of $19.94.

About Painted Pony Energy

Tourmaline Oil Corp., together with its subsidiaries, engages in the acquisition, exploration, development, and production of oil and natural gas properties in the Western Canadian Sedimentary Basin. The company holds interests in properties located in the Alberta Deep Basin, NEBC Montney, and the Peace River High Triassic oil complex.

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