Tourmaline Oil Corp. Plans Dividend of $0.23 (OTCMKTS:TRMLF)

Tourmaline Oil Corp. (OTCMKTS:TRMLF) declared a dividend on Tuesday, June 11th, investing.com reports. Shareholders of record on Monday, June 17th will be given a dividend of 0.2324 per share on Friday, June 28th. This represents a yield of 1.92%. The ex-dividend date is Friday, June 14th.

Tourmaline Oil Trading Up 1.7 %

OTCMKTS:TRMLF opened at $49.23 on Tuesday. The stock’s 50-day moving average is $48.42 and its two-hundred day moving average is $45.96. Tourmaline Oil has a fifty-two week low of $39.39 and a fifty-two week high of $53.91. The stock has a market cap of $17.31 billion and a PE ratio of 13.12. The company has a debt-to-equity ratio of 0.09, a current ratio of 0.90 and a quick ratio of 0.90.

Tourmaline Oil (OTCMKTS:TRMLF) last released its earnings results on Wednesday, May 1st. The company reported $0.51 EPS for the quarter. Tourmaline Oil had a return on equity of 12.72% and a net margin of 28.95%. The business had revenue of $969.72 million during the quarter.

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.