Two Directors at Tourmaline Oil Corp bought 8,700 shares at between 63.301CAD and 66.250CAD. The significance rating of the trade was 76/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over...
TOURMALINE OIL (CA), a company active in the Exploration & Production industry, reduced its market risk and raised its general evaluation. The independent financial analyst theScreener awarded an improved star rating to the company, which now shows 4 out of 4 possible stars; its market behaviour has improved and can be considered as defensive. theScreener believes that this new assessment merits an overall rating upgrade to Positive. As of the analysis date March 25, 2022, the closing price was ...
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
Please refer to PDF document for more detail about our research: DBRS Morningstar Upgrades Tourmaline Oil Corp. Following the Close of the Black Swan Energy Ltd. Acquisition, Removes Ratings from Under Review with Positive Implications
Tourmaline Oil is a Canadian energy company engaged in natural gas and crude oil acquisition, exploration, development, and production in the Western Canada Sedimentary Basin. The majority of Tourmaline’s production comes from the Alberta Deep Basin and Montney resource areas. Cash break-even prices on Tourmaline’s natural gas production approximate $2.50 per thousand cubic feet Henry Hub, which allows the company to compete with production from the fast-growing U.S. Marcellus and Utica regi...
No-moat Tourmaline Oil reported first-quarter operating cash flow of CAD 419 million, which represents a 7% increase sequentially and was ahead of our expectations. The increased operating cash flow was driven by better-than-expected realized natural gas prices. First-quarter realized prices averaged CAD 3.59/mcf, while the AECO benchmark price averaged CAD 2.64/mcf. Higher price realizations can be attributed to Tourmaline’s market access and hedging strategies, which offer much-needed relief...
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