Tourmaline Oil Corp. (OTCMKTS:TRMLF – Get Free Report) shares rose 1% on Tuesday . The company traded as high as $48.47 and last traded at $48.43. Approximately 2,535 shares changed hands during trading, a decline of 95% from the average daily volume of 46,099 shares. The stock had previously closed at $47.96.
Tourmaline Oil Stock Up 3.2 %
The company has a debt-to-equity ratio of 0.08, a current ratio of 0.81 and a quick ratio of 0.81. The business’s fifty day moving average price is $45.94 and its two-hundred day moving average price is $46.53. The stock has a market capitalization of $17.54 billion and a PE ratio of 13.41.
Tourmaline Oil (OTCMKTS:TRMLF – Get Free Report) last released its quarterly earnings results on Wednesday, March 6th. The company reported $1.47 earnings per share for the quarter. Tourmaline Oil had a net margin of 29.60% and a return on equity of 12.96%. The firm had revenue of $1.22 billion during the quarter.
Tourmaline Oil Cuts Dividend
About Tourmaline Oil
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.
Read More
- Five stocks we like better than Tourmaline Oil
- Why Special Dividends Can be a Delightful Surprise for Income Investors
- Hasbro’s Management Made All the Right Calls This Quarter
- What Are the FAANG Stocks and Are They Good Investments?
- Caterpillar’s Market Reset Isn’t Over: Get Ready for Lower Prices
- The 3 Best Blue-Chip Stocks to Buy Now
- Power Surge: Utilities Sector’s Resilience Shines
Receive News & Ratings for Tourmaline Oil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tourmaline Oil and related companies with MarketBeat.com's FREE daily email newsletter.