Tourmaline Oil Corp. (TSE:TOU) Director Jill Terilee Angevine Purchases 1,000 Shares

Tourmaline Oil Corp. (TSE:TOU - Get Free Report) Director Jill Terilee Angevine bought 1,000 shares of the stock in a transaction on Friday, January 31st. The shares were acquired at an average cost of C$66.63 per share, for a total transaction of C$66,630.00.

Tourmaline Oil Price Performance

Shares of TOU traded down C$0.10 on Tuesday, hitting C$66.64. The company's stock had a trading volume of 1,063,896 shares, compared to its average volume of 1,505,397. The company has a market capitalization of C$24.74 billion, a PE ratio of 15.79, a PEG ratio of 1.72 and a beta of 1.30. Tourmaline Oil Corp. has a fifty-two week low of C$53.45 and a fifty-two week high of C$70.65. The company has a 50 day moving average price of C$65.68 and a 200 day moving average price of C$63.23. The company has a debt-to-equity ratio of 10.24, a current ratio of 1.11 and a quick ratio of 0.47.

Tourmaline Oil (TSE:TOU - Get Free Report) last issued its quarterly earnings data on Wednesday, November 6th. The company reported C$1.00 EPS for the quarter, missing analysts' consensus estimates of C$1.26 by C($0.26). Tourmaline Oil had a return on equity of 10.86% and a net margin of 30.75%. The company had revenue of C$1.47 billion for the quarter, compared to the consensus estimate of C$1.63 billion. On average, research analysts anticipate that Tourmaline Oil Corp. will post 5.6809091 earnings per share for the current fiscal year.

Tourmaline Oil Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Tuesday, December 31st were given a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a yield of 2.10%. This is a positive change from Tourmaline Oil's previous quarterly dividend of $0.32. The ex-dividend date of this dividend was Monday, December 16th. Tourmaline Oil's dividend payout ratio (DPR) is presently 33.18%.

Analysts Set New Price Targets

Several equities research analysts recently commented on the company. TD Securities lowered their price target on Tourmaline Oil from C$77.00 to C$75.00 and set a "buy" rating for the company in a research note on Wednesday, October 23rd. CIBC boosted their target price on shares of Tourmaline Oil from C$75.00 to C$80.00 in a research report on Friday, January 17th. Jefferies Financial Group raised their price target on shares of Tourmaline Oil from C$73.00 to C$76.00 in a report on Monday, December 16th. National Bankshares upped their price objective on shares of Tourmaline Oil from C$72.50 to C$75.00 and gave the stock an "outperform" rating in a report on Thursday, December 19th. Finally, Canaccord Genuity Group cut their target price on Tourmaline Oil from C$75.00 to C$74.00 in a report on Tuesday, October 22nd. Two investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of C$77.82.

Tourmaline Oil Company Profile

Tourmaline Oil Corp. explores for and develops oil and natural gas properties in the Western Canadian Sedimentary Basin. The company holds interests in properties located in the Alberta Deep Basin, Northeast British Columbia Montney, and the Peace River High Triassic oil complex. Tourmaline Oil Corp.