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

Today in trading, shares of Tourmaline Oil Corp opened at $58.88 and closed at $59.18. prices ranged from $58.77 to $59.59.

The price boosted 0.36 percent from the previous day's close of $58.97.

During the day across North America, the TSX Composite closed 0.20% at 22824.67, the S&P 500 closed 0.08% at 5463.54, the Dow Jones Industrial Average closed -0.12% at 40539.93 and the Nasdaq Composite closed 0.07% at 17370.20.

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

A total of 1,006,095 shares was traded during the session, with total trades of 3,665, with an average volume of 1,084,856 over 5 days.

The TSX market on the whole today saw 2,584 price advancers against 2,644 declines and 86 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, the shares have dipped -13.57% in the last 12 months, while this year, they have dipped -0.69%.

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 $20.74 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..