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

Tourmaline Oil Corp opened trading today at $55.57 and closed at $56.68. Intraday prices ranged from a low of $55.27 to a high of $57.08.

Share prices decreased -0.39% from the previous day's close of $56.90.

During the day across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -3.00% at 5186.33, the Dow Jones Industrial Average closed -2.60% at 38703.27 and the Nasdaq Composite closed -3.43% at 16200.08.

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

A total of 13,518,409 shares was traded during the session, with total trades of 8,577. On average, Tourmaline Oil Corp has traded 5,189,368 shares over the last 5-days and 2,223,345 year-to-date.

The TSX overall saw 3,772 price advancers against 1,443 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, in the last 12 months, Tourmaline Oil Corp's shares have dipped -17.95%, while they have eased -4.88% year-to-date.

It announced a 0.33 dividend on July 31/24, with an September 13/24 ex-date and September 27/24 pay day.

Following today's trading, Tourmaline Oil Corp has a market capitalization of $20.05 billion on a float of 352,432 shares outstanding. Its annual EPS is $4.22.

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..