Closing Bell: Tourmaline Oil Corp up on Thursday (TOU)

Today, Tourmaline Oil Corp opened at $59.76 and closed at $60.41. prices ranged from $59.50 to $60.47.

Shares raised 1.48% from the previous day's close of $59.53.

Today across North America, the TSX Composite closed -0.54% at 22726.76, the S&P 500 closed -1.39% at 5588.27, the Dow Jones Industrial Average closed 0.59% at 41198.08 and the Nasdaq Composite closed -2.77% at 17996.92.

Tourmaline Oil Corp traded under TOU on the Toronto Stock Exchange (TSX).

A total of 2,280,922 shares was traded during the session, with total trades of 7,577, with an average volume of 1,863,537 over the last 5 days.

The TSX overall saw 1,017 price advancers against 4,222 declines and 91 unchanged.

During the prior 52 weeks, TOU.TO has traded as high as $74.21 (November 01,2023) and low as $53.45 (February 13,2024). Moreover, in the last 12 months, Tourmaline Oil Corp's shares have eased -10.05%, while in 2024, they have boosted 1.38%.

It announced a 0.32 dividend on May 01/24, with an June 14/24 ex-date and June 28/24 pay day.

Following today's trading, Tourmaline Oil Corp has a market capitalization of $20.93 billion on a float of 351,655 shares outstanding. Its annual EPS is $4.99.

Tourmaline Oil Corp is a TSX Oil & Gas E&P company headquartered in Calgary, CAN.

Tourmaline Oil Corp's average recommendation is "Moderate Buy" based on 12.00 analysts according to Zacks. From those 12 analysts, 10 have buy ratings and 2 analysts gave hold ratings.

AI at The Globe and Mail
This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities..