Tourmaline Oil (TRMLF) Expected to Announce Earnings on Wednesday

Tourmaline Oil (OTCMKTS:TRMLF - Get Free Report) is anticipated to release its earnings data on Wednesday, March 5th. Analysts expect Tourmaline Oil to post earnings of $0.83 per share and revenue of $1.59 billion for the quarter.

Tourmaline Oil Trading Up 0.4 %

Shares of TRMLF stock traded up $0.20 during mid-day trading on Friday, hitting $46.10. The company's stock had a trading volume of 37,677 shares, compared to its average volume of 88,653. The company's fifty day simple moving average is $46.85 and its 200-day simple moving average is $45.95. Tourmaline Oil has a 52 week low of $36.93 and a 52 week high of $51.15. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.01 and a current ratio of 1.01. The company has a market cap of $17.23 billion, a PE ratio of 14.23, a P/E/G ratio of 0.83 and a beta of -0.56.

Tourmaline Oil Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 17th were given a $0.2486 dividend. This represents a dividend yield of 2.24%. The ex-dividend date of this dividend was Monday, December 16th. Tourmaline Oil's dividend payout ratio (DPR) is presently 30.25%.

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.