Royce Associates LP Invests 6 Million in Vermilion Energy Inc. - MarketBeat
| TOU Stock | CAD 65.24 0.84 1.27% |
About 62% of Tourmaline Oil's investor base is looking to short. The current sentiment of investing in Tourmaline Oil Corp suggests that many traders are alarmed. Tourmaline Oil's investing sentiment overview a quick insight into current market opportunities from investing in Tourmaline Oil Corp. Many technical investors use Tourmaline Oil Corp stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Tourmaline |
Royce Associates LP Invests 6 Million in Vermilion Energy Inc. MarketBeat
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Tourmaline Oil Fundamental Analysis
We analyze Tourmaline Oil's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tourmaline Oil using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tourmaline Oil based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Market Capitalization
Market Capitalization Comparative Analysis
Tourmaline Oil is currently under evaluation in market capitalization category among its peers. Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
Tourmaline Oil Corp Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Tourmaline Oil stock to make a market-neutral strategy. Peer analysis of Tourmaline Oil could also be used in its relative valuation, which is a method of valuing Tourmaline Oil by comparing valuation metrics with similar companies.
Peers
Tourmaline Oil Related Equities
| MEG | MEG Energy | 0.63 |
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| WCP | Whitecap Resources | 0.88 |
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| VET | Vermilion Energy | 0.90 |
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| BIR | Birchcliff Energy | 1.70 |
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| ARX | ARC Resources | 2.13 |
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Other Information on Investing in Tourmaline Stock
Tourmaline Oil financial ratios help investors to determine whether Tourmaline Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Tourmaline with respect to the benefits of owning Tourmaline Oil security.