Tourmaline Oil Corp. (TSE:TOU – Get Free Report) Director Jill Terilee Angevine bought 1,300 shares of the firm’s stock in a transaction that occurred on Tuesday, August 13th. The stock was bought at an average price of C$61.29 per share, with a total value of C$79,677.00.
Tourmaline Oil Stock Up 2.1 %
TSE:TOU traded up C$1.29 during trading hours on Thursday, reaching C$63.50. The company’s stock had a trading volume of 600,380 shares, compared to its average volume of 2,466,282. Tourmaline Oil Corp. has a one year low of C$53.45 and a one year high of C$74.21. The business’s 50-day moving average is C$61.65 and its 200-day moving average is C$62.40. The company has a debt-to-equity ratio of 9.61, a current ratio of 0.89 and a quick ratio of 0.47. The company has a market cap of C$22.33 billion, a price-to-earnings ratio of 12.72, a price-to-earnings-growth ratio of 1.72 and a beta of 1.39.
Tourmaline Oil Cuts Dividend
The business also recently announced a None dividend, which will be paid on Friday, September 27th. Shareholders of record on Friday, September 13th will be given a dividend of $0.50 per share. The ex-dividend date is Friday, September 13th. Tourmaline Oil’s payout ratio is currently 25.65%.
Wall Street Analysts Forecast Growth
View Our Latest Analysis on Tourmaline Oil
About Tourmaline Oil
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.
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