TSX:TOUOil and Gas
Tourmaline Oil (TSX:TOU): Assessing Valuation After CEO Mike Rose’s Recent Share Purchase
Tourmaline Oil (TSX:TOU) just saw CEO Mike Rose buy 2,500 shares around CA$60 each, a direct insider purchase that naturally raises questions about how management views the company’s current valuation and outlook.
See our latest analysis for Tourmaline Oil.
That buy comes after a choppy stretch, with the share price now at about CA$59.80 and a negative year to date share price return, but a strongly positive five year total shareholder return, which suggests longer term momentum remains...