TSE:TOU - Tourmaline Oil Stock Price, Forecast & News

Tourmaline Oil trades on the Toronto Stock Exchange (TSX) under the ticker symbol "TOU."

Tourmaline Oil declared a quarterly dividend on Friday, December 13th. Shareholders of record on Tuesday, December 31st will be given a dividend of 0.12 per share on Tuesday, December 31st. This represents a $0.48 dividend on an annualized basis and a dividend yield of 3.84%. The ex-dividend date of this dividend is Friday, December 13th. View Tourmaline Oil's Dividend History.

Tourmaline Oil is scheduled to release their next quarterly earnings announcement on Tuesday, March 3rd 2020. View Earnings Estimates for Tourmaline Oil.

6 equities research analysts have issued 12 month target prices for Tourmaline Oil's stock. Their forecasts range from C$16.00 to C$25.25. On average, they anticipate Tourmaline Oil's stock price to reach C$20.03 in the next twelve months. This suggests a possible upside of 60.3% from the stock's current price. View Analyst Price Targets for Tourmaline Oil.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tourmaline Oil in the last year. There are currently 5 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Tourmaline Oil.

Media coverage about TOU stock has been trending very positive this week, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Tourmaline Oil earned a news sentiment score of 4.0 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the next several days. View News Stories for Tourmaline Oil.

Some companies that are related to Tourmaline Oil include Encana (ECA), Encana (OVV), Seven Generations Energy (VII), Whitecap Resources (WCP), Kosmos Energy (KOS), Raging River Exploration (RRX), Energean Oil & Gas (ENOG), TORC Oil and Gas (TOG), Premier Oil (PMO), Freehold Royalties (FRU), Canacol Energy (CNE), Frontera Energy (FEC), Baytex Energy (BTE), Extraction Oil & Gas (CDEV) and International Petroleum (IPCO).

Based on aggregate information from My MarketBeat watchlists, some companies that other Tourmaline Oil investors own include Intact Financial (IFC), Constellation Software (CSU), Peyto Exploration & Development (PEY), AutoCanada (ACQ), Alimentation Couche-Tard (ATD.B), Vermilion Energy (VET), Agnico Eagle Mines (AEM), Toronto-Dominion Bank (TD), AbbVie (ABBV) and Wheaton Precious Metals (WPM).

Shares of TOU and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade and Charles Schwab.

One share of TOU stock can currently be purchased for approximately C$12.49.

Tourmaline Oil has a market capitalization of C$3.40 billion and generates C$1.65 billion in revenue each year. Tourmaline Oil employs 237 workers across the globe.View Additional Information About Tourmaline Oil.

The official website for Tourmaline Oil is http://www.tourmalineoil.com/.

Tourmaline Oil's mailing address is 250 6 Ave SW Suite 3700, CALGARY, AB T2P 3H7, Canada. The company can be reached via phone at +1-403-7673587.