All Rights Reserved. Michael Rose has been working as a Chairman, President & Chief Executive Officer at Tourmaline for 21 years. Insiders from multiple oil & gas companies have been using the recent market downturn as a buying opportunity, acquiring shares of their own companies. 57.64% of the stock of Tourmaline Oil is held by institutions. All rights reserved. Mr. Kirker holds a Bachelor of Arts degree and a Masters of Science in Psychology, both from the University of Calgary, as well as a Bachelor of Laws degree from the University of Alberta. That includes its regular quarterly dividend and a special dividend. Get short term trading ideas from the MarketBeat Idea Engine. In the past three months, Tourmaline Oil insiders have bought more of their company's stock than they have sold. Tourmaline Oil Corp (TRMLF) CEO Michael Rose on Q1 2020 Results Market Data powered by QuoteMedia. Balance sheet strength: Tourmaline has one of the strongest financial positions of any oil & gas stock I've evaluated. For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. Potential Tourmaline Oil Corp. ( TSE:TOU) shareholders may wish to note that the Chairman of the Board, Michael Rose, recently bought CA$238k worth of stock, paying CA$23.79 for each share.. Its earnings are supported by its "fee-based" contracts it has signed with its clients. }, This suggests a possible upside of 38.7% from the stock's current price. Most recently, Kelcy Warren, Chairman, bought 1.33 million shares at an average price of $12.99 on Feb. 22, according to MarketBeat. Prior thereto, he was Chairman, President and Chief Executive Officer of Duvernay Oil Corp. (Duvernay), a publicly traded oil and gas company (2004-2008). To see all exchange delays and terms of use please see Barchart's disclaimer. Tourmaline Oil Corp. acquires, explores for, develops, and produces oil and natural gas properties in the Western Canadian Sedimentary Basin. Tourmaline Surge Propels Mike Rose's Stake Past C$1 Billion Mr. Tumbach has been the Vice President, Land and Contracts of Tourmaline Oil Corp. since 2008. Mr. Rose said an $8-million investment in the project has already saved Tourmaline more than $25-million in fuel costs. FourFourTwo Films is celebrating the last 20 years of World Cup history through a game, a player, a moment, a team and a goal all that makes the World Cup great. Tourmaline Oil Corp., Canadas largest natural gas producer, enjoyed a stunning second quarter, with net earnings soaring 1,993 per cent, compared to the same period last year, on a production increase of 47 per cent. Check out our latest analysis for Tourmaline Oil. The information you requested is not available at this time, please check back again soon. Only 5.47% of the stock of Tourmaline Oil is held by insiders. Baytex Energy Corp. is crude oil and natural gas producer with operations in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. view top-rated stocks among Wall Street analysts, 250 6 Ave SW Suite 3700, CALGARY, AB T2P 3H7, Canada. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Michael L. Rose serves as Chairman of the Board, President, Chief Executive Officer, Director of the Company. Tourmaline Oil plans spinoff to help monetize assets - BNN On March 7 and 13, Mike Rose, Senior Officer, bought a combined 10,000 shares at C$55.70 and C$58.77. Postmedia is committed to maintaining a lively but civil forum for discussion and encourage all readers to share their views on our articles. Tourmaline Oil pays a meaningful dividend of 1.64%, higher than the bottom 25% of all stocks that pay dividends.