TSX:TOUOil and Gas
Tourmaline Oil (TSX:TOU) Valuation: How Lower Earnings and a Special Dividend Are Shaping Investor Perspectives
Tourmaline Oil (TSX:TOU) just released its third quarter financials, revealing a dip in revenue and net income from last year. At the same time, the company boosted production, declared a special dividend, and reaffirmed its base dividend and future guidance.
See our latest analysis for Tourmaline Oil.
Tourmaline Oil’s recent special dividend and strong production gains have helped the company regain momentum, even as earnings came in lighter this quarter. After a choppy stretch, the 90-day...