TSE:TOU Tourmaline Oil (TOU) Stock Price, News & Analysis → After Conviction, More Bad News for Trump (From Paradigm Press) (Ad) Free TOU Stock Alerts C$66.61 -0.48 (-0.72%) (As of 06/7/2024 ET) Add Compare Share Share Today's RangeC$66.53▼C$67.6950-Day RangeC$62.55▼C$69.1252-Week RangeC$53.45▼C$74.21Volume700,843 shsAverage Volume2.18 million shsMarket CapitalizationC$23.42 billionP/E Ratio13.35Dividend Yield1.92%Price TargetC$78.38 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider Trades Get Tourmaline Oil alerts: Email Address Tourmaline Oil MarketRank™ Stock AnalysisAnalyst RatingBuy3.08 Rating ScoreUpside/Downside17.7% UpsideC$78.38 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.75Based on 2 Articles This WeekInsider TradingAcquiring SharesC$949,124 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.2.81 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.Amount of Analyst CoverageTourmaline Oil has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Tourmaline Oil's stock forecast and price target. 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 1.90%, 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 25.65%. This payout ratio is at a healthy, sustainable level, below 75%.Read more about Tourmaline Oil's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for TOU. Previous Next 1.5 News and Social Media Coverage News SentimentTourmaline Oil has a news sentiment score of 0.75. 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 news sentiment score is similar to the average news sentiment of Energy companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Tourmaline Oil this week, compared to 2 articles on an average week.Search InterestOnly 11 people have searched for TOU on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Tourmaline Oil to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% 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$949,124.00 in company stock and sold C$0.00 in company stock.Percentage Held by InsidersOnly 5.41% of the stock of Tourmaline Oil is held by insiders.Percentage Held by Institutions53.39% of the stock of Tourmaline Oil is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Tourmaline Oil's insider trading history. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Tourmaline Oil is 13.35, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 129.60.Price to Earnings Ratio vs. SectorThe P/E ratio of Tourmaline Oil is 13.35, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 202.26.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 1.67. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Tourmaline Oil's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Paradigm PressAfter Conviction, More Bad News for TrumpAs a former advisor to the CIA, the Pentagon and the White House… I feel it’s my duty to warn you about this coming election meltdown.Click here to see the details because this coming election meltdown could trigger… 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 HeadlinesMay 30, 2024 | insidertrades.comTourmaline Oil Corp. (TSE:TOU) Senior Officer Acquires C$166,064.50 in StockJune 6 at 3:20 AM | americanbankingnews.comTourmaline Oil (TSE:TOU) Stock Price Crosses Above Two Hundred Day Moving Average of $62.28May 31, 2024 | americanbankingnews.comMike Rose Buys 2,500 Shares of Tourmaline Oil Corp. (TSE:TOU) StockMay 30, 2024 | americanbankingnews.comTourmaline Oil Corp. (TSE:TOU) Receives C$78.38 Consensus PT from AnalystsMay 7, 2024 | theglobeandmail.comTuesday’s Insider Report: CEO adds to his sizeable position in this energy stockMay 6, 2024 | msn.comTSX Energy Sector: Uranium Stocks vs. Natural Gas?May 3, 2024 | msn.comGive Her a Self-Care Splurge this Mother’s DayMay 2, 2024 | finance.yahoo.comTourmaline Oil Maintained at Buy at TPH Following Q1 Results, Dividend Hike; Price Target at C$77.00May 1, 2024 | ca.finance.yahoo.comPosthaste: This cratering GDP number has only ever been seen during a recessionApril 20, 2024 | msn.comCalgary Herald Letters for April 20: Argument for natural gas more about profit than environmentApril 18, 2024 | finance.yahoo.comRetail investors who have a significant stake must be disappointed along with institutions after Tourmaline Oil Corp.'s (TSE:TOU) market cap dropped by CA$868mApril 17, 2024 | msn.comBlue-Chip Stocks = Reliable Dividend Income for RetirementApril 17, 2024 | financialpost.com'Zombie fires' smouldering near oil and gas wells threaten drillersApril 15, 2024 | finance.yahoo.com'Zombie Fires' Smoldering Near Oil and Gas Wells Threaten Canada’s DrillersApril 7, 2024 | nasdaq.comTourmaline Oil Breaks Above 200-Day Moving Average - Bullish for TOUApril 3, 2024 | msn.comCompare with Tourmaline Oil Corp (Alberta) (TOUN)April 3, 2024 | msn.com2 Best Canadian Value Stocks to Buy in April 2024, According to AnalystsApril 2, 2024 | msn.com6 Best Infrared Mats to Alleviate Aches and PainsMarch 30, 2024 | ca.news.yahoo.comRussia says Moscow concert hall attackers were financed by UkraineMarch 27, 2024 | msn.comBest anxiety bracelets for serene self-soothingMarch 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 LagSee 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 Last Earnings5/01/2024Ex-Dividend for 5/16 Dividend5/08/2024Dividend Payable5/16/2024Today6/07/2024Ex-Dividend for 6/28 Dividend6/14/2024Dividend Payable6/28/2024Next Earnings (Estimated)8/07/2024Get 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$78.38 High Stock Price TargetC$90.00 Low Stock Price TargetC$70.00 Potential Upside/Downside+17.7%Consensus RatingBuy Rating Score (0-4)3.08 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)C$4.99 Trailing P/E Ratio13.35 Forward P/E Ratio15.12 P/E Growth1.72Net IncomeC$1.73 billion Net Margins35.78% Pretax MarginN/A Return on Equity12.72% Return on Assets7.84% Debt Debt-to-Equity Ratio9.61 Current Ratio0.89 Quick Ratio0.47 Sales & Book Value Annual SalesC$4.84 billion Price / Sales4.84 Cash FlowC$0.23 per share Price / Cash Flow285.99 Book ValueC$39.87 per share Price / Book1.67Miscellaneous Outstanding Shares351,660,000Free FloatN/AMarket CapC$23.42 billion OptionableNot Optionable Beta1.39 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: $2.31MMr. 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:MEGStrathcona ResourcesTSE:SCRCrescent Point EnergyTSE:CPGView All CompetitorsInsidersMike RoseBought 2,500 shares on 5/29/2024Total: C$166,064.50 ($66.43/share)Mike RoseBought 5,000 shares on 5/3/2024Total: C$323,258.00 ($64.65/share)Mike 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)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 consistently shown strong revenue growth and a healthy net margin, indicating financial stability and profitability. The company recently increased its dividend, which can be attractive to income-seeking investors looking for steady returns. Analysts have given Tourmaline Oil Corp. a positive outlook, with most rating the stock as a "buy" or "outperform," suggesting confidence in its future performance. Tourmaline Oil Corp. operates in key oil and gas properties in Western Canada, providing exposure to a region known for its resource-rich reserves. With a dividend yield of 1.93%, Tourmaline Oil Corp. offers investors a potential source of passive income along with capital appreciation. Cons Investors should be bearish about investing in Tourmaline Oil Corp. for these reasons: Oil and gas investments can be volatile, subject to fluctuations in commodity prices and geopolitical factors, which may impact Tourmaline Oil Corp.'s stock price. The energy sector is sensitive to regulatory changes and environmental concerns, posing risks to companies like Tourmaline Oil Corp. in terms of operational restrictions and costs. Despite positive analyst ratings, there is always inherent risk in investing in individual stocks, and unforeseen market conditions could affect Tourmaline Oil Corp.'s performance. Investors should carefully consider their risk tolerance and diversification strategy when investing in Tourmaline Oil Corp., given the cyclical nature of the oil and gas industry. Market conditions and global economic factors can influence the demand for oil and gas products, impacting Tourmaline Oil Corp.'s revenue and profitability. 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, June 3, 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 research analysts have issued "buy," "hold," and "sell" ratings for Tourmaline Oil in the last year. There are currently 11 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research 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 brokerages have issued 1 year price targets for Tourmaline Oil's stock. Their TOU share price targets range from C$70.00 to C$90.00. On average, they expect the company's share price to reach C$78.38 in the next twelve months. This suggests a possible upside of 17.7% 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 the year. Since then, TOU stock has increased by 11.8% and is now trading at C$66.61. 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, August 7th 2024. View our TOU earnings forecast. How were Tourmaline Oil's earnings last quarter? Tourmaline Oil Corp. (TSE:TOU) announced its quarterly earnings results on Wednesday, May, 1st. The company reported $0.69 EPS for the quarter, missing analysts' consensus estimates of $1.37 by $0.68. The firm earned $1.31 billion during the quarter, compared to analysts' expectations of $1.57 billion. Tourmaline Oil had a net margin of 35.78% and a trailing twelve-month return on equity of 12.72%. How often does Tourmaline Oil pay dividends? What is the dividend yield for Tourmaline Oil? Tourmaline Oil announced a quarterly dividend on Friday, June 14th. Investors of record on Friday, June 28th will be paid a dividend of 0.32 per share on Friday, June 28th. This represents a $1.28 annualized dividend and a dividend yield of 1.92%. The ex-dividend date of this dividend is Friday, June 14th. Read our dividend analysis for TOU. Is Tourmaline Oil a good dividend stock? Tourmaline Oil (TSE:TOU) pays an annual dividend of C$1.28 per share and currently has a dividend yield of 1.90%. The dividend payout ratio is 25.65%. 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. 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