Tourmaline Oil Corp., an intermediate crude oil and natural gas exploration and production company, has recently achieved a significant technical milestone. The company, which operates primarily in the Western Canadian Sedimentary Basin, saw its shares cross the 200-day moving average, as reported in the latest American Banking News article dated December 6, 2025. This development is noteworthy for investors and analysts monitoring the company’s performance.
As of January 1, 2026, Tourmaline Oil Corp.’s shares closed at CAD 61.39 on the Toronto Stock Exchange. This closing price is above the company’s 52-week low of CAD 55.40, recorded on April 8, 2025. However, it remains 9.44% below the 52-week high of CAD 70.83, achieved on February 20, 2025. This fluctuation in share price reflects the dynamic nature of the energy sector and the company’s ongoing efforts to navigate market conditions.
Tourmaline Oil Corp. is headquartered in Calgary, Canada, and is listed on the Toronto Stock Exchange. The company was established with an Initial Public Offering (IPO) on November 23, 2010. It focuses on long-term growth through active exploration, development, production, and acquisition programs. The company’s operations are concentrated in the energy sector, specifically within the oil, gas, and consumable fuels industry.
The company’s market capitalization stands at CAD 23.83 billion, indicating its substantial presence in the energy market. Tourmaline Oil Corp.’s valuation metrics include a price-to-earnings (P/E) ratio of 15.38 and a price-to-book (P/B) ratio of 1.45. These figures suggest a moderate earnings power relative to its market value and a modest premium over its book value. Such valuation metrics indicate a stable, albeit not extreme, valuation profile within the oil and gas sector.
Tourmaline Oil Corp. continues to focus on its strategic initiatives aimed at enhancing its operational capabilities and market position. For more detailed information about the company’s operations and initiatives, stakeholders are encouraged to visit their official website at www.tourmalineoil.com .
