share_log

Tourmaline Oil Corp. (TRMLF) To Go Ex-Dividend on September 14th

Financial News Live ·  Sep 12, 2022 09:22

Tourmaline Oil Corp. (OTCMKTS:TRMLF – Get Rating) announced a dividend on Friday, September 9th, investing.com reports. Investors of record on Thursday, September 15th will be given a dividend of 0.1713 per share on Thursday, September 29th. This represents a dividend yield of 1.17%. The ex-dividend date is Wednesday, September 14th.

Tourmaline Oil Price Performance

Shares of TRMLF opened at $59.60 on Monday. The business's 50 day moving average is $56.82 and its 200 day moving average is $52.66. Tourmaline Oil has a 12-month low of $29.69 and a 12-month high of $63.80.

Get Tourmaline Oil alerts:

Analyst Upgrades and Downgrades

TRMLF has been the topic of a number of research reports. Desjardins increased their price objective on Tourmaline Oil from C$91.00 to C$100.00 in a report on Monday, August 1st. Stifel Nicolaus lifted their price target on Tourmaline Oil from C$90.50 to C$96.50 in a report on Thursday, June 30th. TD Securities raised Tourmaline Oil from a "hold" rating to a "buy" rating in a report on Thursday, June 30th. CIBC upped their target price on Tourmaline Oil from C$85.00 to C$90.00 in a research note on Wednesday, June 15th. Finally, National Bank Financial dropped their price objective on Tourmaline Oil from C$95.00 to C$85.00 in a report on Monday, July 18th. Nine equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Buy" and an average price target of $80.10.

About Tourmaline Oil

(Get Rating)

Tourmaline Oil Corp. acquires, explores for, develops, and produces oil and natural gas properties in the Western Canadian Sedimentary Basin. It holds interests in properties located in the Alberta Deep Basin, Northeast British Columbia Montney, and the Peace River High Triassic oil complex. The company was incorporated in 2008 and is headquartered in Calgary, Canada.

Featured Articles

  • Get a free copy of the StockNews.com research report on Tourmaline Oil (TRMLF)
  • 3 Biotech Stocks Gaining Momentum
  • Can Electronic Arts Buck the Downturn in Videogaming?
  • Dollar General is the Big Fish in Little Ponds Across the U.S.
  • Here's Why the CPI Report will Dictate the Market Bottom
  • MarketBeat: Week in Review 9/5 – 9/9

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.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment