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

Today during trading, Tourmaline Oil Corp shares opened at $57.69 and closed at $56.90. prices ranged from $56.05 to $58.15.

Share prices eased -3.00 percent from the previous day's close of $58.66.

During the day across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -1.37% at 5446.68, the Dow Jones Industrial Average closed -1.21% at 40347.97 and the Nasdaq Composite closed -2.30% at 17194.15.

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

Trading volume was 7,238,578 on 10,484 total trades. On average, Tourmaline Oil Corp has traded 2,712,384 shares over the last 5-days and 2,148,044 year-to-date.

The TSX overall saw 741 price advancers against 4,512 declines and 69 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 shrunken -16.47% in the last 52 weeks, while this year, they have dipped -4.51%.

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 $20.67 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's average recommendation is "Moderate Buy" based on 12.00 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..