|Bid||76.25 x 0|
|Ask||76.66 x 0|
|Day's Range||75.04 - 76.96|
|52 Week Range||29.25 - 80.67|
|Beta (5Y Monthly)||1.69|
|PE Ratio (TTM)||10.40|
|Forward Dividend & Yield||0.90 (1.18%)|
|Ex-Dividend Date||Aug 04, 2022|
|1y Target Est||N/A|
Tourmaline Oil Corp. (TSX: TOU) ("Tourmaline" or the "Company") is pleased to announce the completion of its previously announced acquisition of Rising Star Resources Ltd. (the "Transaction"). The purchase price for the Transaction included 6,000,000 common shares ("Topaz Shares") of Topaz Energy Corp. ("Topaz") currently owned by Tourmaline and $67,770,000. In connection with this disposition of Topaz Shares, Tourmaline has filed an Early Warning Report as required by applicable securities laws
Tourmaline Oil Corp. (TSX: TOU) ("Tourmaline" or the "Company") is pleased to release financial and operating results for the second quarter ("Q2") of 2022, declare a special dividend and announce strategically timed growth projects.
Tourmaline Oil Corp. (TSX: TOU) ("Tourmaline" or the "Company") is pleased to announce that its Board of Directors has declared a quarterly cash dividend on its common shares of C$0.225 per common share. This represents an increase of C$0.10 per common share on an annualized basis. The dividend will be payable on June 30, 2022 to shareholders of record at the close of business on June 15, 2022. This quarterly cash dividend is designated as an "eligible dividend" for Canadian income tax purposes.