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

In trading today, Tourmaline Oil Corp shares closed at $61.33 after opening the day at $60.27. It traded at a low of $60.26 to a high of $61.50.

The price boosted 1.59% from the previous day's close of $60.37.

During the day across North America, the TSX Composite closed 0.80% at 22872.65, the S&P 500 closed -0.71% at 5505.00, the Dow Jones Industrial Average closed -0.93% at 40287.53 and the Nasdaq Composite closed -0.81% at 17726.94.

Tourmaline Oil Corp has listed on the Toronto Stock Exchange (TSX) under the ticker TOU.

A total of 3,068,745 shares was traded during the last trading day, with total trades of 3,538, with an average volume of 2,272,132 over 5 days.

Trading across the entire TSX saw 3,734 price advancers against 1,480 declines and 101 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 -9.94%, while they have advanced 2.92% year-to-date.

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 $21.23 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.

Currently, Tourmaline Oil Corp has an average recommendation of "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..