Tourmaline Oil (TSE:TOU – Get Score) had its value goal lowered by funding analysts at CIBC from C$100.00 to C$85.00 in a analysis report issued on Friday, BayStreet.CA experiences. The agency at the moment has an “outperform” ranking on the inventory. CIBC’s goal value factors to a possible upside of 29.12% from the inventory’s earlier shut.
TOU has been the topic of a number of different experiences. Scotiabank boosted their value goal on shares of Tourmaline Oil from C$116.00 to C$117.00 in a analysis report on Thursday, October thirteenth. Raymond James boosted their value goal on shares of Tourmaline Oil from C$90.00 to C$95.00 and gave the corporate a “strong-buy” ranking in a report on Thursday, November third. Stifel Nicolaus set a C$82.00 value goal on shares of Tourmaline Oil and gave the corporate a “purchase” ranking in a report on Friday. Lastly, Nationwide Bankshares upped their value goal on shares of Tourmaline Oil from C$85.00 to C$100.00 and gave the corporate an “outperform” ranking in a report on Thursday, November third. Six analysts have rated the inventory with a purchase ranking and one has assigned a robust purchase ranking to the corporate’s inventory. Based mostly on knowledge from MarketBeat, the inventory at the moment has a mean ranking of “Purchase” and a consensus value goal of C$88.60.
Tourmaline Oil Inventory Efficiency
TSE TOU traded down C$1.27 on Friday, hitting C$65.83. 2,388,777 shares of the inventory exchanged arms, in comparison with its common quantity of 1,975,349. The corporate has a debt ratio of three.16, a present ratio of 1.28 and a fast ratio of 0.47. The corporate’s 50 day transferring common is C$73.92 and its 200 day transferring common is C$74.28. Tourmaline Oil has a 52-week low of C$41.09 and a 52-week excessive of C$84.33. The corporate has a market cap of C$22.25 billion and a PE ratio of 4.02.
Tourmaline Oil (TSE:TOU – Get Score) final posted its quarterly earnings outcomes on Wednesday, November 2nd. The corporate reported C$6.11 earnings per share (EPS) for the quarter. The agency had income of C$1.74 billion within the quarter. analysis analysts anticipate that Tourmaline Oil will submit 11.9900002 EPS for the present fiscal 12 months.
Insider exercise at Tourmaline Oil
In different Tourmaline Oil information, COO Mike Rose purchased 5,000 shares of the enterprise’s inventory in a transaction that occurred on Tuesday, January third. The shares have been acquired at a mean value of C$64.80 per share. share, for a complete transaction of C$323,977.00. Following the completion of the acquisition, the insider now owns 8,634,974 shares of the corporate’s inventory, valued at approx. C$559,506,594.32. In different information, Senior Officer Mike Rose acquired 5,000 shares of Tourmaline Oil inventory in a transaction on Tuesday, January third. The shares have been bought at a mean value of C$64.80 per share. inventory for a complete transaction of C$323,977.00. Following the completion of the acquisition, the insider now straight owns 8,634,974 shares of the corporate’s inventory, price roughly C$559,506,594.32. Additionally, Director Janet Weiss acquired 500 shares of Tourmaline Oil inventory in a transaction on Friday, December thirtieth. The shares have been bought at a mean value of C$68.83 per share. share, for a complete transaction of C$34,414.05. Following the completion of the acquisition, the director now straight owns 9,883 shares of the corporate’s inventory, valued at C$680,228.15. During the last three months, insiders have acquired 15,500 shares of firm inventory valued at $1,088,505.
About tourmaline oil
Tourmaline Oil Corp. acquires, explores, develops and produces oil and pure gasoline properties within the Western Canadian Sedimentary Basin. It has pursuits in properties positioned within the Alberta Deep Basin, the Northeast British Columbia Montney and the Peace River Excessive Triassic oil advanced. The corporate was based in 2008 and is headquartered in Calgary, Canada.
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