Tourmaline Oil Corp (TSE:TOU) insider Mike Rose acquired 2,500 shares of the business’s stock in a transaction on Wednesday, September 20th. The stock was purchased at an average price of C$25.33 per share, for a total transaction of C$63,325.00.

Mike Rose also recently made the following trade(s):

  • On Tuesday, August 29th, Mike Rose acquired 2,500 shares of Tourmaline Oil Corp stock. The stock was purchased at an average price of C$23.43 per share, for a total transaction of C$58,575.00.
  • On Thursday, August 24th, Mike Rose acquired 5,000 shares of Tourmaline Oil Corp stock. The stock was purchased at an average price of C$24.17 per share, for a total transaction of C$120,850.00.
  • On Friday, August 11th, Mike Rose acquired 6,500 shares of Tourmaline Oil Corp stock. The stock was purchased at an average price of C$25.09 per share, for a total transaction of C$163,085.00.

Shares of Tourmaline Oil Corp (TOU) traded down 0.27% during midday trading on Friday, hitting $26.18. 849,585 shares of the stock were exchanged. The firm has a market cap of $7.06 billion and a P/E ratio of 23.01. Tourmaline Oil Corp has a 12-month low of $23.37 and a 12-month high of $39.77. The stock’s 50 day moving average is $24.77 and its 200 day moving average is $27.05.

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A number of equities analysts have commented on the stock. Macquarie reiterated an “outperform” rating and issued a C$40.00 price objective on shares of Tourmaline Oil Corp in a report on Thursday, September 14th. Raymond James Financial, Inc. boosted their price objective on shares of Tourmaline Oil Corp from C$33.00 to C$36.00 and gave the stock an “outperform” rating in a report on Thursday, August 3rd. Royal Bank Of Canada cut their price objective on shares of Tourmaline Oil Corp from C$40.00 to C$35.00 in a report on Thursday, July 20th. National Bank Financial cut their price objective on shares of Tourmaline Oil Corp from C$42.00 to C$40.00 in a report on Friday, June 23rd. Finally, BMO Capital Markets reiterated an “outperform” rating and issued a C$36.00 price objective on shares of Tourmaline Oil Corp in a report on Tuesday, May 30th. Six analysts have rated the stock with a buy rating, Tourmaline Oil Corp currently has an average rating of “Buy” and a consensus price target of C$41.20.

About Tourmaline Oil Corp

Tourmaline Oil Corp. is a Canada-based intermediate crude oil and natural gas exploration and production company. The Company is engaged in the acquisition, exploration, development and production of petroleum and natural gas properties. The Company is focused on exploration and acquisition program in the Western Canadian Sedimentary Basin.

Insider Buying and Selling by Quarter for Tourmaline Oil Corp (TSE:TOU)

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