Ronald John Hill Acquires 8,000 Shares of Tourmaline Oil Corp (TOU) Stock

Tourmaline Oil Corp (TSE:TOU) insider Ronald John Hill bought 8,000 shares of Tourmaline Oil Corp stock in a transaction on Wednesday, October 18th. The shares were purchased at an average price of C$22.89 per share, for a total transaction of C$183,120.00.

Shares of Tourmaline Oil Corp (TSE TOU) opened at 22.65 on Friday. Tourmaline Oil Corp has a 52 week low of $22.33 and a 52 week high of $39.06. The firm’s 50-day moving average is $24.57 and its 200-day moving average is $26.33. The stock has a market capitalization of $6.11 billion and a price-to-earnings ratio of 19.90.

WARNING: This story was originally published by The Ledger Gazette and is owned by of The Ledger Gazette. If you are accessing this story on another website, it was stolen and republished in violation of United States and international copyright and trademark laws. The correct version of this story can be viewed at https://ledgergazette.com/2017/10/21/ronald-john-hill-acquires-8000-shares-of-tourmaline-oil-corp-tou-stock.html.

TOU has been the topic of a number of analyst reports. National Bank Financial dropped their price target on Tourmaline Oil Corp from C$42.00 to C$40.00 in a research report on Friday, June 23rd. Royal Bank Of Canada dropped their price target on Tourmaline Oil Corp from C$40.00 to C$35.00 in a research report on Thursday, July 20th. Raymond James Financial, Inc. boosted their price target on Tourmaline Oil Corp from C$33.00 to C$36.00 and gave the stock an “outperform” rating in a research report on Thursday, August 3rd. Macquarie reissued an “outperform” rating and issued a C$40.00 price target on shares of Tourmaline Oil Corp in a research report on Thursday, September 14th. Finally, BMO Capital Markets lowered their price objective on Tourmaline Oil Corp from C$34.00 to C$28.00 in a research report on Tuesday, October 10th. Seven investment analysts have rated the stock with a buy rating, The stock currently has a consensus rating of “Buy” and an average target price of C$38.65.

Tourmaline Oil Corp Company Profile

Tourmaline Oil Corp. is a Canada-based intermediate crude oil and natural gas exploration and production company. The Company is engaged in the acquisition, exploration, development and production of petroleum and natural gas properties. The Company is focused on exploration and acquisition program in the Western Canadian Sedimentary Basin.

TSE TOU) opened at 22.65 on Friday. Tourmaline Oil Corp has a 52 week low of $22.33 and a 52 week high of $39.06. The firm’s 50-day moving average is $24.57 and its 200-day moving average is $26.33. The stock has a market capitalization of $6.11 billion and a price-to-earnings ratio of 19.90.

WARNING: This story was originally published by The Ledger Gazette and is owned by of The Ledger Gazette. If you are accessing this story on another website, it was stolen and republished in violation of United States and international copyright and trademark laws. The correct version of this story can be viewed at https://ledgergazette.com/2017/10/21/ronald-john-hill-acquires-8000-shares-of-tourmaline-oil-corp-tou-stock.html.

TOU has been the topic of a number of analyst reports. National Bank Financial dropped their price target on Tourmaline Oil Corp from C$42.00 to C$40.00 in a research report on Friday, June 23rd. Royal Bank Of Canada dropped their price target on Tourmaline Oil Corp from C$40.00 to C$35.00 in a research report on Thursday, July 20th. Raymond James Financial, Inc. boosted their price target on Tourmaline Oil Corp from C$33.00 to C$36.00 and gave the stock an “outperform” rating in a research report on Thursday, August 3rd. Macquarie reissued an “outperform” rating and issued a C$40.00 price target on shares of Tourmaline Oil Corp in a research report on Thursday, September 14th. Finally, BMO Capital Markets lowered their price objective on Tourmaline Oil Corp from C$34.00 to C$28.00 in a research report on Tuesday, October 10th. Seven investment analysts have rated the stock with a buy rating, The stock currently has a consensus rating of “Buy” and an average target price of C$38.65.

Tourmaline Oil Corp Company Profile

Tourmaline Oil Corp. is a Canada-based intermediate crude oil and natural gas exploration and production company. The Company is engaged in the acquisition, exploration, development and production of petroleum and natural gas properties. The Company is focused on exploration and acquisition program in the Western Canadian Sedimentary Basin.

Insider Buying and Selling by Quarter for Tourmaline Oil Corp (TSE:TOU)

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