Mike Rose, executive of Tourmaline Oil Corp. (TSX:TOU), picked up 5,000 Common Shares at an average of $61.15 — a $306K buy on Sep 25, 2026.
The purchase adds less than 1% to their position. They still hold 8,152,678 shares — a stake worth roughly $500.4M at the time of writing.
TOU shares were trading around $61.38, down 0.1% in the latest session. The stock has ranged from $58.41 to $69.52 over the past 52 weeks and is hovering just 5% above the low end — insiders buying near the bottom tend to know something.