Tourmaline Oil (T:TOU) has notable insider buying

Mike Rose, CEO, acquired 2,500 Common Shares on a direct ownership basis at a price of $62.087 through the public market on December 16th, 2024. This represents a $155,216 investment into the company's shares and an account share holdings change of 0.0%.

Tourmaline Oil is in the Oil & Gas Exploration and Production Sub Industry Group under the Energy Sector.

Tourmaline Oil Corp. is a natural gas producer, which is focused on producing natural gas in North America. The Company is focused on long-term growth through an aggressive exploration, development, production and acquisition program in the Western Canadian Sedimentary Basin. It operates in three basins, which include the Alberta Deep Basin, NEBC Montney Gas/Condensate and Peace River Triassic Oil. It has ownership interests in 22 natural gas plants in the Alberta Deep Basin. It owns and operates seven natural gas processing facilities with an aggregate capacity of approximately 1.0 Bcf/d with related gas gathering systems and NGL handling infrastructure in the NEBC complex. The Company owns and operates two oil batteries in the Peace River Triassic Oil basin. The Company's operations are focused on northeast British Columbia and include a large contiguous land base with a Montney resource. Its Montney area assets include Septimus / West Septimus, Groundbirch, Monias and Tower.