Tourmaline Oil Corp. (OTCMKTS:TRMLF - Get Free Report) was the target of a large growth in short interest during the month of April. As of April 30th, there was short interest totalling 9,322,200 shares, a growth of 66.9% from the April 15th total of 5,585,100 shares. Based on an average trading volume of 18,900 shares, the short-interest ratio is currently 493.2 days.
Tourmaline Oil Price Performance
Shares of Tourmaline Oil stock traded down $1.61 during trading hours on Friday, reaching $47.62. The stock had a trading volume of 12,276 shares, compared to its average volume of 27,765. The firm has a market capitalization of $16.74 billion and a PE ratio of 12.91. The stock's 50 day moving average is $47.00 and its 200 day moving average is $46.28. The company has a current ratio of 0.90, a quick ratio of 0.81 and a debt-to-equity ratio of 0.09. Tourmaline Oil has a twelve month low of $39.39 and a twelve month high of $53.91.
Tourmaline Oil (OTCMKTS:TRMLF - Get Free Report) last released its quarterly earnings data on Wednesday, March 6th. The company reported $1.47 EPS for the quarter. Tourmaline Oil had a net margin of 28.95% and a return on equity of 12.72%. The company had revenue of $1.22 billion during the quarter.
Tourmaline Oil Increases Dividend
The firm also recently declared a dividend, which will be paid on Thursday, May 16th. Shareholders of record on Thursday, May 9th will be given a $0.3632 dividend. This represents a yield of 3.03%. The ex-dividend date is Wednesday, May 8th. This is a boost from Tourmaline Oil's previous dividend of $0.22. Tourmaline Oil's dividend payout ratio (DPR) is currently 25.20%.
Tourmaline Oil Company Profile
(
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Tourmaline Oil Corp. explores for and develops oil and natural gas properties in the Western Canadian Sedimentary Basin. The company holds interests in properties located in the Alberta Deep Basin, Northeast British Columbia Montney, and the Peace River High Triassic oil complex. Tourmaline Oil Corp.
Further Reading
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