TSE:TOU Tourmaline Oil (TOU) Stock Price, News & Analysis → Bombshell 2024 election documentary (From Porter & Company) (Ad) Free TOU Stock Alerts C$63.33 +1.05 (+1.69%) (As of 03/28/2024 ET) Add Compare Share Share Today's RangeC$62.00▼C$63.7550-Day RangeC$53.99▼C$63.3752-Week RangeC$53.45▼C$74.21Volume1.63 million shsAverage Volume2.14 million shsMarket CapitalizationC$22.26 billionP/E Ratio12.59Dividend Yield1.89%Price TargetC$77.42 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider Trades Get Tourmaline Oil alerts: Email Address Tourmaline Oil MarketRank™ Stock AnalysisAnalyst RatingBuy3.08 Rating ScoreUpside/Downside22.3% UpsideC$77.42 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.33Based on 10 Articles This WeekInsider TradingAcquiring SharesC$1.17 M Bought Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.39 out of 5 stars 3.5 Analyst's Opinion Consensus RatingTourmaline Oil has received a consensus rating of Buy. The company's average rating score is 3.08, and is based on 11 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$77.42, Tourmaline Oil has a forecasted upside of 22.3% from its current price of C$63.33.Amount of Analyst CoverageTourmaline Oil has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for TOU. Previous Next 1.7 Dividend Strength Dividend YieldTourmaline Oil pays a meaningful dividend of 1.98%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthTourmaline Oil does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Tourmaline Oil is 23.86%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for TOU. Previous Next 2.4 News and Social Media Coverage News SentimentTourmaline Oil has a news sentiment score of 0.33. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.46 average news sentiment score of Energy companies.News Coverage This WeekMarketBeat has tracked 10 news articles for Tourmaline Oil this week, compared to 2 articles on an average week.Search Interest26 people have searched for TOU on MarketBeat in the last 30 days. This is an increase of 160% compared to the previous 30 days.MarketBeat FollowsOnly 8 people have added Tourmaline Oil to their MarketBeat watchlist in the last 30 days. This is a decrease of -27% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Tourmaline Oil insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$1,171,702.00 in company stock and sold C$0.00 in company stock.Percentage Held by InsidersOnly 5.19% of the stock of Tourmaline Oil is held by insiders.Percentage Held by Institutions55.23% of the stock of Tourmaline Oil is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Tourmaline Oil is 12.59, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.68.Price to Earnings Ratio vs. SectorThe P/E ratio of Tourmaline Oil is 12.59, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 94.27.Price to Earnings Growth RatioTourmaline Oil has a PEG Ratio of 1.72. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioTourmaline Oil has a P/B Ratio of 1.59. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Porter & CompanyBombshell 2024 election documentary 2024: America’s Last Election New documentary reveals why this could be America’s Last Election… and how the elites’ plan threatens to reset the entire U.S. economy, along with your 401(k), bank, and stock portfolio.All the facts are here. About Tourmaline Oil Stock (TSE:TOU)Tourmaline Oil Corp. explores for and develops oil and natural gas properties in the Western Canadian Sedimentary Basin. The company holds interests in properties located in the Alberta Deep Basin, Northeast British Columbia Montney, and the Peace River High Triassic oil complex. Tourmaline Oil Corp. was incorporated in 2008 and is headquartered in Calgary, Canada.Read More TOU Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart TOU Stock News HeadlinesMarch 23, 2024 | insidertrades.comTourmaline Oil Corp. (TSE:TOU) Senior Officer Mike Rose Buys 2,500 SharesMarch 11, 2024 | insidertrades.comInsider Buying: Tourmaline Oil Corp. (TSE:TOU) Senior Officer Purchases 5,000 Shares of StockMarch 29, 2024 | Porter & Company (Ad)Bombshell 2024 election documentary 2024: America’s Last Election New documentary reveals why this could be America’s Last Election… and how the elites’ plan threatens to reset the entire U.S. economy, along with your 401(k), bank, and stock portfolio.March 29, 2024 | americanbankingnews.comTourmaline Oil (TSE:TOU) Given New C$75.00 Price Target at BMO Capital MarketsMarch 27, 2024 | msn.comBest anxiety bracelets for serene self-soothingMarch 24, 2024 | americanbankingnews.comMike Rose Buys 2,500 Shares of Tourmaline Oil Corp. (TSE:TOU) StockMarch 23, 2024 | americanbankingnews.comTourmaline Oil (TSE:TOU) Price Target Cut to C$75.00 by Analysts at DesjardinsMarch 21, 2024 | americanbankingnews.comATB Capital Cuts Tourmaline Oil (TSE:TOU) Price Target to C$80.00March 29, 2024 | Porter & Company (Ad)Bombshell 2024 election documentary 2024: America’s Last Election New documentary reveals why this could be America’s Last Election… and how the elites’ plan threatens to reset the entire U.S. economy, along with your 401(k), bank, and stock portfolio.March 18, 2024 | msn.com8 best hair dryers for a salon-worthy blow dry in 2024: From Dyson to ghd & MOREMarch 18, 2024 | finance.yahoo.comChampion Electric Receives Geochemical and Heavy Mineral Data Supporting Western Prospect Drill Target at its Lithium Property in James Bay, QuebecMarch 13, 2024 | fool.ca3 Incredibly Cheap Stocks to Buy for 2024March 11, 2024 | oilprice.comEurope’s Secret Weapon In Its Energy War With Russia DescriptionMarch 8, 2024 | finance.yahoo.comTourmaline Oil Full Year 2023 Earnings: EPS Beats Expectations, Revenues LagMarch 6, 2024 | theglobeandmail.comSenior business leaders support proposal asking pension funds to invest more in CanadaMarch 6, 2024 | finance.yahoo.comTOURMALINE DELIVERS RECORD PRODUCTION, INCREASES 2P RESERVES TO 5 BILLION BOE AND DECLARES AN INCREASED QUARTERLY BASE DIVIDEND AND A SPECIAL DIVIDENDFebruary 22, 2024 | morningstar.comTourmaline Oil Corp TRMLFFebruary 22, 2024 | msn.comNorthern Lights College announces new oil and gas field operator programFebruary 21, 2024 | msn.com7 Best shampoos for split ends to get healthier locksFebruary 21, 2024 | financialpost.comCanada's Outstanding CEO of the Year: Tourmaline Oil's Michael RoseFebruary 19, 2024 | theglobeandmail.comGlobe readers glide through market mayhem, with one month left in stock-picking challengeFebruary 18, 2024 | seekingalpha.comTOU:CA Tourmaline Oil Corp.February 13, 2024 | msn.comNew field operations technician program to begin at NLC in fall 2024February 12, 2024 | theglobeandmail.comMonday’s Insider Report: CN chair invests $1-million as its shares trade near a record highFebruary 7, 2024 | msn.comThe Right Way to Clean a Curling IronJanuary 31, 2024 | yahoo.com22 Valentine's Day Gifts to Give YourselfJanuary 31, 2024 | wsj.comTourmaline Oil Corp.See More Headlines Receive TOU Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Tourmaline Oil and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 12/29 Dividend12/14/2023Dividend Payable12/29/2023Ex-Dividend for 3/28 Dividend3/14/2024Today3/28/2024Dividend Payable3/28/2024Next Earnings (Estimated)5/01/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE SectorEnergy Industry Oil & Gas E&P Sub-IndustryN/A Current SymbolTSE:TOU CUSIPN/A CIKN/A Webwww.tourmalineoil.com Phone+1-403-7673587FaxN/AEmployees389Year FoundedN/APrice Target and Rating Average Stock Price TargetC$77.42 High Stock Price TargetC$90.00 Low Stock Price TargetC$70.00 Potential Upside/Downside+22.6%Consensus RatingBuy Rating Score (0-4)3.08 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)C$5.03 Trailing P/E Ratio12.59 Forward P/E Ratio13.00 P/E Growth1.72Net IncomeC$1.74 billion Net Margins35.87% Pretax MarginN/A Return on Equity12.53% Return on Assets10.31% Debt Debt-to-Equity Ratio8.04 Current Ratio0.81 Quick Ratio0.47 Sales & Book Value Annual SalesC$4.84 billion Price / Sales4.60 Cash FlowC$0.22 per share Price / Cash Flow285.99 Book ValueC$39.89 per share Price / Book1.59Miscellaneous Outstanding Shares351,470,000Free FloatN/AMarket CapC$22.26 billion OptionableNot Optionable Beta1.40 12 Stocks Corporate Insiders are AbandoningIf a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?Get This Free Report Key ExecutivesMr. Michael L. Rose P.Geol (Age 66)Chairman of the Board, President & CEO Comp: $4.67MMr. Brian G. Robinson (Age 67)CFO & Non-Independent Director Comp: $2.25MMr. Earl Henry McKinnonChief Operating OfficerMs. Sherra AspinVice President of MarketingMr. Colin Joel FrostadVice President of ExplorationMr. William Scott KirkerChief Legal Officer & External AffairsMs. Katie BeckGeneral Counsel & Corporate SecretaryMore ExecutivesKey CompetitorsOvintivTSE:OVVARC ResourcesTSE:ARXMEG EnergyTSE:MEGCrescent Point EnergyTSE:CPGStrathcona ResourcesTSE:SCRView All CompetitorsInsidersMike RoseBought 2,500 shares on 3/22/2024Total: C$148,543.00 ($59.42/share)Mike RoseBought 5,000 shares on 3/8/2024Total: C$311,259.00 ($62.25/share)Jill Terilee AngevineBought 130 shares on 2/13/2024Total: C$7,049.90 ($54.23/share)Mike RoseBought 5,000 shares on 2/5/2024Total: C$277,025.00 ($55.41/share)Janet WeissBought 650 shares on 1/26/2024Total: C$28,376.40 ($43.66/share)View All Insider Transactions Should I Buy Tourmaline Oil Stock? TOU Pros and Cons Explained Pros Here are some ways that investors could benefit from investing in Tourmaline Oil Corp.: Tourmaline Oil Corp. has shown consistent growth in its oil and natural gas properties, indicating a strong potential for future profitability. The company's strategic focus on properties in the Western Canadian Sedimentary Basin, known for its rich oil and gas reserves, provides a stable foundation for long-term success. Recent developments in the Alberta Deep Basin and Northeast British Columbia Montney regions have shown promising results, attracting investor interest. With the current stock price showing resilience in the face of market fluctuations, Tourmaline Oil Corp. presents an opportunity for value investors. The company's experienced management team and commitment to technological innovation enhance operational efficiency and competitiveness in the industry. Cons Investors should be bearish about investing in Tourmaline Oil Corp. for these reasons: Volatility in the oil and gas market can impact Tourmaline Oil Corp.'s financial performance, leading to fluctuations in stock prices. Regulatory changes in the energy sector, especially in Western Canada, may pose challenges to the company's operations and profitability. Dependency on oil and gas prices exposes Tourmaline Oil Corp. to market risks, making it susceptible to economic downturns. Competitive pressures from other oil and gas companies operating in the same regions could affect Tourmaline Oil Corp.'s market share and growth prospects. Environmental concerns and shifting consumer preferences towards renewable energy sources could impact the demand for traditional oil and gas products, affecting the company's revenue streams. These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, March 25, 2024. Please send any questions or comments about these Tourmaline Oil pros and cons to contact@marketbeat.com. TOU Stock Analysis - Frequently Asked Questions Should I buy or sell Tourmaline Oil stock right now? 12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tourmaline Oil in the last twelve months. There are currently 11 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" TOU shares. View TOU analyst ratings or view top-rated stocks. What is Tourmaline Oil's stock price target for 2024? 12 Wall Street research analysts have issued 12 month price objectives for Tourmaline Oil's shares. Their TOU share price targets range from C$70.00 to C$90.00. On average, they anticipate the company's share price to reach C$77.42 in the next year. This suggests a possible upside of 22.3% from the stock's current price. View analysts price targets for TOU or view top-rated stocks among Wall Street analysts. How have TOU shares performed in 2024? Tourmaline Oil's stock was trading at C$59.59 at the beginning of 2024. Since then, TOU shares have increased by 6.3% and is now trading at C$63.33. View the best growth stocks for 2024 here. When is Tourmaline Oil's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024. View our TOU earnings forecast. How often does Tourmaline Oil pay dividends? What is the dividend yield for Tourmaline Oil? Tourmaline Oil announced a quarterly dividend on Wednesday, March 6th. Stockholders of record on Friday, March 15th will be given a dividend of 0.30 per share on Thursday, March 28th. This represents a $1.20 dividend on an annualized basis and a yield of 1.89%. The ex-dividend date of this dividend is Thursday, March 14th. This is an increase from the stock's previous quarterly dividend of C$0.28. Read our dividend analysis for TOU. Is Tourmaline Oil a good dividend stock? Tourmaline Oil (TSE:TOU) pays an annual dividend of C$1.20 per share and currently has a dividend yield of 1.98%. The dividend payout ratio is 23.86%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for TOU. What other stocks do shareholders of Tourmaline Oil own? Based on aggregate information from My MarketBeat watchlists, some companies that other Tourmaline Oil investors own include Intact Financial (IFC), Constellation Software (CSU), Peyto Exploration & Development (PEY), Alimentation Couche-Tard (ATD.B), AutoCanada (ACQ), Vermilion Energy (VET), Toronto-Dominion Bank (TD), AbbVie (ABBV), Agnico Eagle Mines (AEM) and Enbridge (ENB). How do I buy shares of Tourmaline Oil? Shares of TOU stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.Compare Top Brokerages Here. This page (TSE:TOU) was last updated on 3/29/2024 by MarketBeat.com Staff From Our PartnersTrump’s “Tax Free” Retirement Strategy Gold Safe ExchangeYour Money is Not SafeAmerican AlternativeGrab Your Free Bitcoin Today!Crypto Swap ProfitsMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceTop Project Outperforms BTC in 2023…Crypto 101 MediaThe ONE AI Sock to own now. 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