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

In trading today, Tourmaline Oil Corp shares closed at $58.66 after opening the day at $60.50. Intraday prices ranged from a low of $57.40 to a high of $60.50.

Shares dipped -3.44% from the previous day's close of $60.75.

Today across North America, the TSX Composite closed -1.68% at 22723.21, the S&P 500 closed 1.58% at 5522.30, the Dow Jones Industrial Average closed 0.24% at 40842.79 and the Nasdaq Composite closed 2.64% at 17599.40.

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

Trading volume was 3,196,005 on 15,957 total trades, while having an average volume of 1,409,642 in the last five days.

The TSX market on the whole today saw 907 price advancers against 4,327 declines and 72 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 dipped -14.29 percent, while they have eased -1.56% 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 $21.36 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.

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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..