Closing Bell: Tourmaline Oil Corp down on Friday (TOU)

Today during trading, Tourmaline Oil Corp stock opened at $60.00 and closed at $60.37. prices ranged from $59.90 to $60.53.

Shares eased -0.07% from the previous day's close of $60.41.

Today across North America, the TSX Composite closed -0.16% at 22690.39, the S&P 500 closed -0.78% at 5544.59, the Dow Jones Industrial Average closed -1.29% at 40665.02 and the Nasdaq Composite closed -0.70% at 17871.22.

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

Trading volume was 1,647,591 on 5,513 total trades, with an average volume of 1,974,385 over the last 5 days.

The TSX overall saw 1,821 price advancers against 3,352 declines and 121 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 52 weeks, Tourmaline Oil Corp's shares have dipped -11.35%, while this year, they have boosted 1.31%.

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 $21.24 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 is holding an average recommendation of "Moderate Buy" from 12.00 analysts according to Zacks. Currently, there are 10 buy ratings and 2 hold ratings for the stock.

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..