TSX:TOUOil and Gas
Will Tourmaline’s Buybacks And CNG Push Change Tourmaline Oil’s (TSX:TOU) Capital Allocation Narrative?
In late July and early August 2026, Tourmaline Oil Corp. renewed its normal course issuer bid to repurchase up to 15,544,068 shares, reported lower second-quarter earnings with revenue of CA$1,246.74 million and net income of CA$184.43 million, affirmed a CA$0.50 quarterly dividend, maintained 2026 production guidance, and continued pursuing small tuck-in acquisitions.
Clean Energy Fuels Corp.’s recent expansion of compressed natural gas stations in partnership with Tourmaline, alongside...