|Bid||8.71 x 0|
|Ask||8.73 x 0|
|Day's Range||8.15 - 8.74|
|52 Week Range||6.73 - 22.62|
|Beta (5Y Monthly)||1.40|
|PE Ratio (TTM)||7.43|
|Earnings Date||Mar. 03, 2020|
|Forward Dividend & Yield||0.48 (5.56%)|
|Ex-Dividend Date||Mar. 12, 2020|
|1y Target Est||18.38|
CALGARY, March 12, 2020 /CNW/ - Topaz Energy Corp. ("Topaz" or the "Company") is pleased to announce the following executive officer appointments. Mr. Marty Staples, currently Manager Land at Tourmaline Oil Corp. ("Tourmaline"), will be joining Topaz as the President and Chief Executive Officer. Mr. Staples will be joined by Ms. Cheree Stephenson as Topaz's Vice President, Finance and Chief Financial Officer.
CALGARY , March 3, 2020 /CNW/ - Tourmaline Oil Corp. (TSX:TOU) ("Tourmaline" or the "Company") is pleased to release financial and operating results for the full year and fourth quarter ...
The Company has entered into a definitive agreement to acquire a public oil and gas producer, has also acquired a private oil and gas company and has completed a small complementary asset transaction at Gundy. The two corporate transactions add approximately 6,000 boepd of current production, 2P reserves of 116.3 mmboe(1), and 160,000 acres of Montney lands for a combined cash purchase price of $33.4 million . Tourmaline has entered into a definitive arrangement agreement with Chinook Energy Inc. ("Chinook") to acquire all of the issued and outstanding common shares of Chinook through a plan of arrangement for cash consideration of $0.0675 per share.
Calgary, Alberta--(Newsfile Corp. - February 24, 2020) - Chinook Energy Inc. (TSX: CKE) ("Chinook" or the "Company") is pleased to announce today that it has entered into a definitive arrangement agreement (the "Arrangement Agreement") pursuant to which Tourmaline Oil Corp. (TSX: TOU) (the "Purchaser") has agreed to acquire all of the outstanding common shares of Chinook ("Chinook Shares") for cash consideration of $0.0675 per share (the "Share Consideration"). The Share Consideration represents a 33% ...
Canadian energy stocks remain undervalued as the sector strengthens into the new year, according to analysts at Laurentian Bank.
Tourmaline Oil Corp. has grossly underperformed the broader markets in the last five years. Now the stock is trading at an attractive valuation, making it a must-buy for value and contrarian investors.
CALGARY, Dec. 5, 2019 /CNW/ - 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$0.12 per common share. All amounts in this news release are stated in Canadian dollars unless otherwise specified. This news release contains forward-looking information and statements (collectively, "forward-looking information") within the meaning of applicable securities laws.
The transaction includes the purchase by Topaz of interests in certain revenue generating assets from Tourmaline for consideration consisting of $194.5 million in cash and 59.1 million Topaz common shares. After giving effect to the completion of the transaction, Topaz is 74% owned by Tourmaline and 26% owned by the investors. Topaz has access to Tourmaline's multiple, well-defined, future drilling and growth opportunities, providing direct exposure to future Tourmaline production growth.
If I could, I would buy this entire energy company. Tourmaline Oil and Gas (TSX:TOU) is cheap, has a great dividend, and is extremely profitable. Buy it now.
CALGARY , Nov. 6, 2019 /CNW/ - Tourmaline Oil Corp. (TSX:TOU) ("Tourmaline" or the "Company") is pleased to release financial and operating results for the third quarter of 2019. HIGHLIGHTS ...
Today we'll evaluate Tourmaline Oil Corp. (TSE:TOU) to determine whether it could have potential as an investment...