|Bid||12.83 x 0|
|Ask||12.93 x 0|
|Day's Range||12.45 - 12.96|
|52 Week Range||6.73 - 17.76|
|Beta (5Y Monthly)||1.83|
|PE Ratio (TTM)||17.81|
|Earnings Date||Jul. 29, 2020 - Aug. 04, 2020|
|Forward Dividend & Yield||0.48 (3.82%)|
|Ex-Dividend Date||Jun. 12, 2020|
|1y Target Est||19.64|
Despite the volatility that will likely remain in 2020, Tourmaline Oil (TSX:TOU) should deliver strong cash flow and production growth in 2021.The post This TSX Energy Stock Is a Screaming Buy Below $10 appeared first on The Motley Fool Canada.
Oil is starting to rally and now may be the time to buy in! Here are three TSX energy stocks that are bargain buys with significant upside today!The post 3 TSX Stocks to Buy Before the Next Oil Rally appeared first on The Motley Fool Canada.
TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange:Toronto Stock Exchange (15,701.33, down 132.41 points.)Canadian Natural Resources Ltd. (TSX:CNQ). Energy. Down $1.29, or 4.54 per cent, to $27.15 on 36.1 million shares.Bombardier Inc. (TSX:BBD.B). Industrials. Down five cents, or 7.94 per cent, to 58 cents on 20.3 million shares.Tourmaline Oil Corp. (TSX:TOU) Energy. Down 38 cents, or 2.9 per cent, to $12.73 on 15.7 million shares.Air Canada (TSX:AC). Industrials. Down $1.50 or 7.14 per cent, to $19.51 on 12.6 million shares.HEXO Corp. (TSX:HEXO). Health care. Down nine cents, or 6.25 per cent, to $1.35 on 11.8 million shares.Baytex Energy Corp. (TSX:BTE). Energy. Down five cents, or 5.88 per cent, to 80 cents on 11.2 million shares.Companies in the news:Transcontinental Inc. (TSX:TCL.A). Down 52 cents or 3.9 per cent to $12.80. Transcontinental Inc. says a gradual recovery in printing volumes has allowed it to recall more than one third of the employees laid off because of the impact of COVID-19. The Montreal-based printer and packaging company says about 600 of the 1,600 temporarily laid-off employees have returned in recent weeks. While its printing business has been affected by lower demand for flyers and other products, Transcontinental's packaging division has been helped by food retailers seeing increased demand during the pandemic.Dollarama Inc. (TSX:DOL). Up $1.18 or 2.5 per cent to $48.02. Dollarama Inc. experienced a drop in profit during its most recent quarter, but still topped the expectations of analysts who believed the pandemic would weigh more on the company's bottom line. The Montreal-based retailer earned nearly $86.1 million or 28 cents per share for the quarter ended May 3 compared with a profit of $103.5 million or 33 cents per share in the same quarter a year earlier. Same-store sales, a key retail metric, grew 0.7 per cent for the quarter, excluding stores temporarily closed due to the pandemic.This report by The Canadian Press was first published June 10, 2020. The Canadian Press
This quarterly cash dividend is designated as an "eligible dividend" for Canadian income tax purposes. Tourmaline also announces that the nominees listed in its information circular dated April 17, 2020 were elected as directors of Tourmaline at its annual and special meeting of shareholders held on June 3, 2020 (the "Meeting"). All matters presented for approval at the Meeting, including the appointment of auditors, approval of unallocated options under the Company's share option plan and a reduction in the stated capital of the Company, were approved by Tourmaline's shareholders.
CALGARY , May 6, 2020 /CNW/ - Tourmaline Oil Corp. (TSX:TOU) ("Tourmaline" or the "Company") is pleased to release financial and operating results for the first quarter of 2020 and ...
With oil prices at historic lows, thrifty TSX investors have ample opportunities to bargain buy. Here are three top TSX oil stocks that are set to take off!The post 3 Top Oil Stocks Set Up for a Massive Recovery appeared first on The Motley Fool Canada.
Even as the prices of energy stocks were getting crushed, the share price of natural gas producer Tourmaline Oil Corp. (TSX:TOU) was rising.The post Canada’s Oil Market Crash – Is This Energy Stock a Good Buy? appeared first on The Motley Fool Canada.
There's always a deal to be made! My three top picks during the market crash are: Shopify Inc. (TSX:SHOP)(NYSE:SHOP), Tourmaline Oil (TSX:TOU) and Cameo Corp. (TSX:CCO)(NYSE:CCJ).The post My 3 Top Picks During The Market Crash appeared first on The Motley Fool Canada.
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.
CALGARY , Dec. 17, 2019 /CNW/ - Tourmaline Oil Corp. (TSX:TOU) ("Tourmaline" or the "Company") is pleased to announce 2020 average production guidance of 315,000 – 320,000 boepd on ...
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.