Tourmaline Oil Corp (TSE:TOU) insider Mike Rose bought 1,000 shares of the business’s stock in a transaction on Friday, October 6th. The stock was bought at an average cost of C$23.90 per share, for a total transaction of C$23,900.00.

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

  • On Wednesday, October 4th, Mike Rose bought 2,000 shares of Tourmaline Oil Corp stock. The stock was bought at an average cost of C$24.73 per share, for a total transaction of C$49,460.00.
  • On Friday, September 29th, Mike Rose bought 2,500 shares of Tourmaline Oil Corp stock. The stock was bought at an average cost of C$25.38 per share, for a total transaction of C$63,450.00.
  • On Wednesday, September 20th, Mike Rose bought 2,500 shares of Tourmaline Oil Corp stock. The stock was bought at an average cost of C$25.33 per share, for a total transaction of C$63,325.00.
  • On Tuesday, August 29th, Mike Rose bought 2,500 shares of Tourmaline Oil Corp stock. The stock was bought at an average cost of C$23.43 per share, for a total transaction of C$58,575.00.
  • On Thursday, August 24th, Mike Rose bought 5,000 shares of Tourmaline Oil Corp stock. The stock was bought at an average cost of C$24.17 per share, for a total transaction of C$120,850.00.
  • On Friday, August 11th, Mike Rose bought 6,500 shares of Tourmaline Oil Corp stock. The stock was bought at an average cost of C$25.09 per share, for a total transaction of C$163,085.00.

Tourmaline Oil Corp (TSE TOU) traded down 2.61% on Friday, hitting $23.89. The company had a trading volume of 588,388 shares. The company has a market capitalization of $6.45 billion and a P/E ratio of 20.99. Tourmaline Oil Corp has a one year low of $23.37 and a one year high of $39.77. The stock’s 50-day moving average price is $24.86 and its 200 day moving average price is $26.78.

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Several equities analysts have weighed in on the company. National Bank Financial cut their target price on Tourmaline Oil Corp from C$42.00 to C$40.00 in a research note on Friday, June 23rd. Royal Bank Of Canada cut their target price on Tourmaline Oil Corp from C$40.00 to C$35.00 in a research note on Thursday, July 20th. Macquarie reissued an “outperform” rating and issued a C$40.00 target price on shares of Tourmaline Oil Corp in a research note on Thursday, September 14th. Finally, Raymond James Financial, Inc. increased their price target on 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. Six analysts have rated the stock with a buy rating, The company presently has a consensus rating of “Buy” and an average 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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