Tourmaline Oil Corp. (TSE:TOU - Get Free Report) Senior Officer Mike Rose acquired 5,000 shares of the company's stock in a transaction that occurred on Monday, July 7th. The stock was acquired at an average price of C$62.92 per share, with a total value of C$314,601.00.
Mike Rose also recently made the following trade(s):
- On Thursday, July 3rd, Mike Rose bought 5,000 shares of Tourmaline Oil stock. The stock was purchased at an average cost of C$63.79 per share, for a total transaction of C$318,960.00.
- On Wednesday, June 25th, Mike Rose acquired 5,000 shares of Tourmaline Oil stock. The stock was purchased at an average cost of C$64.68 per share, for a total transaction of C$323,379.00.
- On Friday, June 13th, Mike Rose acquired 5,000 shares of Tourmaline Oil stock. The stock was purchased at an average price of C$65.92 per share, for a total transaction of C$329,583.50.
- On Friday, May 30th, Mike Rose bought 5,000 shares of Tourmaline Oil stock. The shares were purchased at an average price of C$62.76 per share, with a total value of C$313,824.50.
- On Thursday, May 15th, Mike Rose purchased 5,000 shares of Tourmaline Oil stock. The stock was acquired at an average price of C$63.63 per share, for a total transaction of C$318,169.00.
- On Monday, May 12th, Mike Rose purchased 5,000 shares of Tourmaline Oil stock. The stock was acquired at an average cost of C$62.98 per share, with a total value of C$314,917.00.
- On Friday, May 9th, Mike Rose acquired 5,000 shares of Tourmaline Oil stock. The stock was bought at an average price of C$62.82 per share, with a total value of C$314,097.50.
Tourmaline Oil Price Performance
Shares of TOU traded down C$0.56 during mid-day trading on Monday, hitting C$62.79. The company's stock had a trading volume of 1,628,420 shares, compared to its average volume of 2,230,875. The firm has a 50-day simple moving average of C$64.02 and a 200 day simple moving average of C$65.21. The firm has a market capitalization of C$23.40 billion, a P/E ratio of 14.18, a P/E/G ratio of 1.72 and a beta of 1.30. The company has a current ratio of 1.01, a quick ratio of 0.47 and a debt-to-equity ratio of 10.13. Tourmaline Oil Corp. has a 1-year low of C$55.27 and a 1-year high of C$70.83.
Tourmaline Oil Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Monday, June 30th were issued a dividend of $0.50 per share. The ex-dividend date was Monday, June 16th. This represents a $2.00 annualized dividend and a yield of 3.19%. Tourmaline Oil's dividend payout ratio is presently 31.61%.
Analyst Upgrades and Downgrades
A number of analysts recently issued reports on the company. UBS Group decreased their target price on Tourmaline Oil from C$74.00 to C$71.00 in a research report on Thursday, April 17th. Raymond James Financial set a C$78.00 target price on shares of Tourmaline Oil and gave the stock an "outperform" rating in a research report on Tuesday, April 8th. TD Securities decreased their price target on shares of Tourmaline Oil from C$77.00 to C$75.00 and set a "buy" rating for the company in a research note on Thursday, May 8th. Desjardins lifted their price objective on shares of Tourmaline Oil from C$74.00 to C$76.00 and gave the company a "hold" rating in a research note on Tuesday, April 15th. Finally, CIBC reduced their target price on shares of Tourmaline Oil from C$80.00 to C$72.50 in a report on Thursday, April 10th. One analyst has rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of C$76.72.
Read Our Latest Stock Analysis on TOU
About Tourmaline Oil
(
Get Free Report)
Tourmaline Oil Corp is a Canadian energy company engaged in natural gas and crude oil acquisition, exploration, development, and production in the Western Canada Sedimentary Basin.
Featured Articles

Before you consider Tourmaline Oil, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Tourmaline Oil wasn't on the list.
While Tourmaline Oil currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Discover the 10 Best High-Yield Dividend Stocks for 2025 and secure reliable income in uncertain markets. Download the report now to identify top dividend payers and avoid common yield traps.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.