Tourmaline Oil Corp (TSE:TOU) insider Mike Rose bought 2,000 shares of the company’s stock in a transaction on Wednesday, October 4th. The shares were bought at an average price of C$24.73 per share, for a total transaction of C$49,460.00.

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

  • On Friday, September 29th, Mike Rose purchased 2,500 shares of Tourmaline Oil Corp stock. The stock was bought at an average price of C$25.38 per share, with a total value of C$63,450.00.
  • On Wednesday, September 20th, Mike Rose acquired 2,500 shares of Tourmaline Oil Corp stock. The shares were bought at an average cost of C$25.33 per share, with a total value of C$63,325.00.
  • On Tuesday, August 29th, Mike Rose acquired 2,500 shares of Tourmaline Oil Corp stock. The shares were bought at an average cost of C$23.43 per share, with a total value of C$58,575.00.
  • On Thursday, August 24th, Mike Rose acquired 5,000 shares of Tourmaline Oil Corp stock. The shares were bought 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 shares were bought at an average price of C$25.09 per share, for a total transaction of C$163,085.00.

Shares of Tourmaline Oil Corp (TSE:TOU) traded down 2.93% during trading on Wednesday, reaching $24.51. 707,076 shares of the company were exchanged. The firm’s 50 day moving average price is $24.86 and its 200 day moving average price is $26.82. Tourmaline Oil Corp has a one year low of $23.37 and a one year high of $39.77. The company has a market capitalization of $6.61 billion and a PE ratio of 21.54.

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Several equities analysts have recently weighed in on the stock. Royal Bank Of Canada decreased their price target on shares of Tourmaline Oil Corp from C$40.00 to C$35.00 in a research note on Thursday, July 20th. 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 research report on Thursday, August 3rd. National Bank Financial reduced their target price on shares of Tourmaline Oil Corp from C$42.00 to C$40.00 in a report on Friday, June 23rd. Finally, Macquarie restated an “outperform” rating and set a C$40.00 target price on shares of Tourmaline Oil Corp in a report on Thursday, September 14th. Six analysts have rated the stock with a buy rating, Tourmaline Oil Corp currently has a consensus rating of “Buy” and an average price target of C$41.20.

Tourmaline Oil Corp Company Profile

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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