Insider Buying: Tourmaline Oil Corp. (TOU) Insider Acquires 2,000 Shares of Stock

Tourmaline Oil Corp. (TSE:TOU) insider Mike Rose bought 2,000 shares of the firm’s stock in a transaction on Thursday, November 23rd. The stock was acquired at an average cost of C$23.60 per share, with a total value of C$47,200.00.

Mike Rose also recently made the following trade(s):

  • On Monday, November 20th, Mike Rose bought 2,000 shares of Tourmaline Oil stock. The stock was acquired at an average cost of C$23.80 per share, with a total value of C$47,600.00.
  • On Thursday, November 16th, Mike Rose bought 2,000 shares of Tourmaline Oil stock. The stock was acquired at an average cost of C$24.57 per share, with a total value of C$49,140.00.
  • On Tuesday, November 14th, Mike Rose bought 2,000 shares of Tourmaline Oil stock. The stock was acquired at an average cost of C$25.55 per share, with a total value of C$51,100.00.
  • On Wednesday, October 11th, Mike Rose bought 1,000 shares of Tourmaline Oil stock. The stock was acquired at an average cost of C$22.43 per share, with a total value of C$22,430.00.
  • On Tuesday, October 10th, Mike Rose bought 1,000 shares of Tourmaline Oil stock. The stock was acquired at an average cost of C$23.26 per share, with a total value of C$23,260.00.
  • On Friday, October 6th, Mike Rose bought 1,000 shares of Tourmaline Oil stock. The stock was acquired at an average cost of C$23.90 per share, with a total value of C$23,900.00.
  • On Wednesday, October 4th, Mike Rose acquired 2,000 shares of Tourmaline Oil stock. The stock was purchased at an average price of C$24.73 per share, with a total value of C$49,460.00.
  • On Friday, September 29th, Mike Rose acquired 2,500 shares of Tourmaline Oil stock. The stock was purchased at an average price of C$25.38 per share, with a total value of C$63,450.00.
  • On Wednesday, September 20th, Mike Rose acquired 2,500 shares of Tourmaline Oil stock. The stock was purchased at an average price of C$25.33 per share, with a total value of C$63,325.00.
  • On Tuesday, August 29th, Mike Rose acquired 2,500 shares of Tourmaline Oil stock. The stock was purchased at an average price of C$23.43 per share, with a total value of C$58,575.00.

Tourmaline Oil Corp. (TSE:TOU) traded up C$0.36 during trading hours on Friday, reaching C$21.88. 962,600 shares of the company traded hands, compared to its average volume of 613,428. Tourmaline Oil Corp. has a 1 year low of C$21.48 and a 1 year high of C$38.42.

TOU has been the subject of a number of analyst reports. TD Securities boosted their price objective on shares of Tourmaline Oil from C$32.00 to C$34.00 and gave the stock a “buy” rating in a research note on Thursday, November 9th. BMO Capital Markets reduced their price objective on shares of Tourmaline Oil from C$34.00 to C$28.00 in a research note on Tuesday, October 10th. National Bank Financial reduced their price objective on shares of Tourmaline Oil from C$40.00 to C$37.50 and set an “outperform” rating for the company in a research note on Friday, October 13th. CIBC reduced their price objective on shares of Tourmaline Oil from C$33.00 to C$30.00 in a research note on Tuesday, October 17th. Finally, Macquarie reiterated an “outperform” rating and set a C$40.00 target price on shares of Tourmaline Oil in a research note on Thursday, September 14th. Seven analysts have rated the stock with a buy rating, Tourmaline Oil presently has a consensus rating of “Buy” and an average price target of C$37.85.

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Tourmaline Oil 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 (TSE:TOU)

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