Tourmaline Oil Stock Forecast, Price & News

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tourmaline Oil in the last twelve months. There are currently 9 buy ratings and 2 strong buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Tourmaline Oil stock.
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Tourmaline Oil saw a increase in short interest in the month of June. As of June 30th, there was short interest totaling 2,418,100 shares, an increase of 49.5% from the June 15th total of 1,617,900 shares. Based on an average daily volume of 49,600 shares, the days-to-cover ratio is presently 48.8 days.
View Tourmaline Oil's Short Interest.

Tourmaline Oil's stock was trading at $7.10 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, TRMLF shares have increased by 283.7% and is now trading at $27.24.
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Tourmaline Oil declared a dividend on Friday, December 11th. Shareholders of record on Tuesday, December 15th will be paid a dividend of $0.4292 per share on Thursday, December 31st. This represents a yield of 3.14%. The ex-dividend date is Monday, December 14th.
View Tourmaline Oil's dividend history.

11 Wall Street analysts have issued twelve-month price targets for Tourmaline Oil's stock. Their forecasts range from $38.00 to $57.00. On average, they expect Tourmaline Oil's share price to reach $46.53 in the next twelve months. This suggests a possible upside of 70.8% from the stock's current price.
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Some companies that are related to Tourmaline Oil include (GPX.L) (GPX), (SHP) (SHP), 1849520 (AWE.AX) (AWE), 3D Oil (TDO), 88 Energy (88E), 88 Energy (EEENF), Advantagewon Oil (AOC), ADX Energy (ADX), Afentra (STGAF), Africa Energy (HPMCF), Aker BP ASA (DETNF), Altura Energy (ATUUF), Amazing Energy Oil and Gas (AMAZ), Ansila Energy (ANA) and Argo Exploration (AXT).
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Tourmaline Oil trades on the OTCMKTS under the ticker symbol "TRMLF."

Shares of TRMLF can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of TRMLF stock can currently be purchased for approximately $27.24.

Tourmaline Oil employs 296 workers across the globe.

The official website for Tourmaline Oil is www.tourmalineoil.com.

The company can be reached via phone at 403-266-5992.