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

Today during trading, Tourmaline Oil Corp opened at $61.12 and closed at $61.05. Intraday prices ranged from $60.54 to $61.34.

Share prices eased -0.46% from the previous day's close of $61.33.

During the day across North America, the TSX Composite closed -0.26% at 22813.75, the S&P 500 closed 1.08% at 5564.41, the Dow Jones Industrial Average closed 0.32% at 40415.44 and the Nasdaq Composite closed 1.58% at 18007.57.

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

A total of 1,056,980 shares was traded during the last trading day, with total trades of 4,949, while having an average volume of 2,215,897 in the last five days.

The TSX market on the whole today saw 3,093 price advancers against 2,137 declines and 96 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 tumbled -10.35%, while they have advanced 2.45% this year.

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 $21.57 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's consensus rating is "Moderate Buy" based on 12 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..