John William Elick Sells 2,000 Shares of Tourmaline Oil Corp (TOU) Stock
Tourmaline Oil Corp (TSE:TOU) Director John William Elick sold 2,000 shares of the business’s stock in a transaction on Wednesday, August 9th. The stock was sold at an average price of C$26.86, for a total value of C$53,720.00.
John William Elick also recently made the following trade(s):
- On Tuesday, June 27th, John William Elick sold 627 shares of Tourmaline Oil Corp stock. The stock was sold at an average price of C$27.10, for a total value of C$16,991.70.
Tourmaline Oil Corp (TOU) traded up 1.48% on Friday, hitting $25.29. The stock had a trading volume of 247,573 shares. Tourmaline Oil Corp has a 52-week low of $24.88 and a 52-week high of $39.77. The company has a 50-day moving average price of $26.79 and a 200 day moving average price of $28.23. The firm has a market cap of $6.82 billion and a PE ratio of 22.22.
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TOU has been the subject of several recent analyst reports. TD Securities boosted their price target on Tourmaline Oil Corp from C$41.00 to C$42.00 and gave the stock a “buy” rating in a research note on Friday, May 5th. Royal Bank Of Canada decreased their price target on Tourmaline Oil Corp from C$42.00 to C$40.00 and set an “outperform” rating for the company in a research note on Friday, May 5th. BMO Capital Markets restated an “outperform” rating and issued a C$36.00 price target on shares of Tourmaline Oil Corp in a research note on Tuesday, May 30th. National Bank Financial decreased their price target on Tourmaline Oil Corp from C$42.00 to C$40.00 in a research note on Friday, June 23rd. Finally, 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 note on Thursday, August 3rd. Five research analysts have rated the stock with a buy rating, Tourmaline Oil Corp presently has a consensus rating of “Buy” and a consensus target price of C$41.33.
About Tourmaline Oil Corp
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.
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