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Tourmaline Oil shares post worst quarter in three quarters November 06, 2018 17:00 EST

Nov 06, 2018 - News Bites Canadian Markets


Tourmaline Oil Corp. (TSX:TOU), Canada's 3rd largest Oil & gas - exploration & production company by market cap, has sunk CAD3.70 (or 15.7%) in the past quarter to close at CAD19.90. Compared with the S&P/TSX 60 Index which fell 66.2 points (or 6.8%) in the past quarter, this represented a relative price change of -8.9%. This has been exacerbated by firm volume of 1.1 times average for the quarter. In the past quarter the market cap has declined CAD1.3 billion t...