Mike Rose, executive of Tourmaline Oil Corp. (TSX:TOU), picked up 5,000 Common Shares at an average of $60.28 — a $301K buy on Sep 29, 2026.
The purchase adds less than 1% to their position. They still hold 8,157,678 shares — a stake worth roughly $487.9M at the time of writing.
TOU shares were trading around $59.81, down 1.9% in the latest session. The stock has ranged from $58.41 to $69.52 over the past 52 weeks and is hovering just 2% above the low end — insiders buying near the bottom tend to know something.
