Tourmaline Oil (TRMLF) to Release Earnings on Wednesday

Tourmaline Oil (OTCMKTS:TRMLF) is expected to be releasing its earnings data on Wednesday, March 5th. Analysts expect Tourmaline Oil to post earnings of $0.83 per share and revenue of $1.59 billion for the quarter.

Tourmaline Oil Price Performance

Tourmaline Oil stock opened at $44.73 on Tuesday. The stock has a 50-day moving average price of $46.88 and a two-hundred day moving average price of $45.96. Tourmaline Oil has a 12 month low of $36.93 and a 12 month high of $51.15. The company has a market capitalization of $16.71 billion, a PE ratio of 13.81, a P/E/G ratio of 0.83 and a beta of -0.56. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.10.

Tourmaline Oil Cuts Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 17th were paid a $0.2486 dividend. This represents a dividend yield of 2.24%. The ex-dividend date was Monday, December 16th. Tourmaline Oil’s dividend payout ratio is currently 30.25%.

Tourmaline Oil Company Profile

Tourmaline Oil Corp. explores for and develops oil and natural gas properties in the Western Canadian Sedimentary Basin. The company holds interests in properties located in the Alberta Deep Basin, Northeast British Columbia Montney, and the Peace River High Triassic oil complex. Tourmaline Oil Corp.