Tourmaline Oil Corp. (TSE:TOU) Given consensus suggestion of “Purchase” from analysts | Jobi Cool


Tourmaline Oil Corp. (TSE:TOU – Get Ranking ) has earned a mean suggestion of “Purchase” from the ten brokerages which are at present protecting the inventory, Marketbeat.com stories. Six funding analysts have rated the inventory with a purchase suggestion and one has issued a powerful purchase suggestion on the corporate. The typical 12-month value goal amongst brokerages which have issued a report on the inventory within the final 12 months is C$88.60.

TOU has been the topic of a number of analyst stories. Nationwide Bankshares boosted their value goal on shares of Tourmaline Oil from C$85.00 to C$100.00 and gave the inventory an “outperform” ranking in a analysis notice on Thursday, November third. CIBC decreased their value goal on Tourmaline Oil from C$100.00 to C$85.00 and set an “outperform” ranking on the inventory in a analysis notice on Friday. Stifel Nicolaus set a C$82.00 value goal on Tourmaline Oil and gave the corporate a “purchase” ranking in a report on Friday. Raymond James boosted their value goal on Tourmaline Oil from C$90.00 to C$95.00 and gave the inventory a “strong-buy” ranking in a analysis report on Thursday, November third. Lastly, 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.

Insider exercise at Tourmaline Oil

In different Tourmaline Oil information, Director Janet Weiss purchased 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, with a complete worth of C$34,414.05. After the acquisition, the director now straight owns 9,883 shares within the firm’s shares, to a worth of approx. C$680,228.15. In associated information, Director Janet Weiss bought 500 shares of the inventory in a transaction that occurred on Friday, December thirtieth. The inventory was acquired at a mean value of C$68.83 per share. share, with a complete worth of C$34,414.05. Following the transaction, the director now straight owns 9,883 shares within the firm, valued at C$680,228.15. Additionally, SVP Mike Rose purchased 5,000 shares of Tourmaline Oil inventory in a transaction on Tuesday, January third. The inventory was purchased at a mean value of C$64.80 per share, for a complete transaction of C$323,977.00. After the transaction, the insider now straight owns 8,634,974 shares within the firm to a worth of approx. C$559,506,594.32. Insiders acquired a complete of 15,500 shares of firm inventory valued at $1,088,505 within the final quarter.

Tourmaline Oil Inventory Efficiency

TOU inventory traded down C$0.35 throughout noon buying and selling on Friday, hitting C$66.75. 2,655,281 shares of the corporate exchanged palms, in comparison with its common quantity of two,007,354. Tourmaline Oil has a 1 12 months low of C$41.09 and a 1 12 months excessive of C$84.33. The corporate has a 50 day easy transferring common of C$73.92 and a 200 day easy transferring common of C$74.28. The corporate has a present ratio of 1.28, a fast ratio of 0.47 and a debt ratio of three.16. The inventory has a market cap of C$22.56 billion and a PE ratio of 4.07.

Tourmaline Oil (TSE:TOU – Get Ranking) final issued its quarterly earnings information on Wednesday, November 2nd. The corporate reported C$6.11 EPS for the quarter. The agency had income of C$1.74 billion through the quarter. On common, equities analysts predict that Tourmaline Oil will put up 11.9900002 earnings per share. share for the present 12 months.

Tourmaline oil will increase yield

The corporate additionally just lately disclosed a quarterly dividend, which was paid on Friday, December thirtieth. Shareholders of file on Friday, December thirtieth have been paid a $0.25 dividend. The ex-dividend date for this dividend was Wednesday, December 14th. This represents an annual dividend of $1.00 and a yield of 1.50%. This is a rise from Tourmaline Oil’s earlier quarterly dividend of $0.23. Tourmaline Oil’s dividend yield is at present 5.10%.

Tourmaline Oil Firm Profile

(Get ranking)

Tourmaline Oil Corp. acquires, explores, develops and produces oil and pure fuel properties within the Western Canadian Sedimentary Basin. It has pursuits in properties situated 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.

Additional studying

Analyst Recommendations for Tourmaline Oil (TSE:TOU)

This on the spot information alert was generated by narrative science know-how and monetary information from MarketBeat to offer readers with the quickest and most correct reporting. This story was reviewed by MarketBeat editorial employees previous to publication. Please ship questions or feedback about this story to contact@marketbeat.com.

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