Tourmaline Oil (TSE:TOU) has released an update.
Tourmaline Oil Corp. reported a robust second quarter in 2024 with a 13% increase in production and significant free cash flow, leading to a net debt reduction. Capitalizing on their financial performance, the company has raised its quarterly base dividend by 3% and declared a special dividend for shareholders.
For further insights into TSE:TOU stock, check out TipRanks’ Stock Analysis page.
