Tourmaline Oil (TOU) Stock Price, News & Analysis

Company Overview

Tourmaline is Canada's largest and most active natural gas producer dedicated to producing the lowest-development-cost natural gas in North America. We are an investment grade exploration and production company providing strong and predictable operating and financial performance through the development of our three core areas in the Western Canadian Sedimentary Basin. With our existing large reserve base, decades-long drilling inventory, relentless focus on execution, cost management, safety and environmental performance improvement, we are excited to provide shareholders an excellent return on capital and an attractive source of income through our base dividend and surplus free cash flow distribution strategies.

Key Stats

• Today's Range: C$67.95 to C$69.19
• 50-Day Range: C$59.81 to C$68.00
• 52-Week Range: C$57.95 to C$70.57
• Volume: 837,881 shs
• Average Volume: 2.61 million shs
• Market Capitalization: C$26.84 billion
• P/E Ratio: 75.09
• Dividend Yield: 2.90%
• Price Target: C$70.80
• Consensus Rating: Hold

Tourmaline Oil Stock Analysis - MarketRank™

Tourmaline Oil scored higher than 23% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.8 / 5
• Analyst Rating: Hold

Consensus Rating

Tourmaline Oil has received a consensus rating of Hold. The company's average rating score is 2.38, and is based on 1 strong buy rating, 2 buy ratings, 4 hold ratings, and 1 sell rating.

Upside/Downside

The consensus price target for Tourmaline Oil is close to its current price, suggesting limited near-term upside or downside.

Amount of Analyst Coverage

Tourmaline Oil has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Tourmaline Oil is 74.88, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 27.03.

Price to Earnings Ratio vs. Sector

The P/E ratio of Tourmaline Oil is 74.88, which means that it is trading at a more expensive P/E ratio than the Energy sector average P/E ratio of about 25.57.

Price to Earnings Growth Ratio

Tourmaline 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 Ratio

Tourmaline 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.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for TOU.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

Tourmaline Oil pays a meaningful dividend of 3.12%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Tourmaline Oil does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Tourmaline Oil is 217.39%. Payout ratios above 75% are not desirable because they may not be sustainable.

News and Social Media

• Score: 1.6 / 5
• News Sentiment: 0.55

News Sentiment

Tourmaline Oil has a news sentiment score of 0.55. 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 0.68 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Tourmaline Oil this week, compared to 3 articles on an average week.

MarketBeat Follows

Only 2 people have added Tourmaline Oil to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 2.9 / 5
• Insider Trading: Acquiring Shares

Net Insider Buying

Over the last three months, insiders have purchased a net C$2,143,250.00 in company stock, which represents 0.0080% of the company's market cap.

Insider Buying vs. Insider Selling

In the past three months, Tourmaline Oil insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$2,143,250.00 in company stock and sold C$0.00 in company stock.

Percentage Held by Insiders

5.13% of the stock of Tourmaline Oil is held by insiders.

Percentage Held by Institutions

52.35% of the stock of Tourmaline Oil is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Energy
• Industry: Oil, Gas & Consumable Fuels
• Sub-Industry: Oil & Gas Exploration & Production
• Current Symbol: TSE:TOU
• CIK: N/A
• Web: www.tourmalineoil.com
• Phone: +1-403-7673587
• Fax: N/A
• Employees: 544
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Tourmaline Oil: C$70.80
• High Price Target: C$75.00
• Low Price Target: C$66.00
• Potential Upside/Downside: +2.6%
• Consensus Rating: Hold
• Rating Score (0-4): 2.38
• Research Coverage: 8 Analysts

Profitability

• EPS (Trailing Twelve Months): C$0.92
• Trailing P/E Ratio: 74.99
• Forward P/E Ratio: 12.14
• P/E Growth: 1.72
• Net Income: C$1.65 billion
• Net Margins: 6.50%
• Pretax Margin: N/A
• Return on Equity: 2.37%
• Return on Assets: 6.26%

Debt

• Debt-to-Equity Ratio: 8.24
• Current Ratio: 0.72
• Quick Ratio: 0.47

Sales & Book Value

• Annual Sales: C$6.33 billion
• Price / Sales: 4.23
• Cash Flow: C$0.24 per share
• Price / Cash Flow: 285.99
• Book Value: C$41.16 per share
• Price / Book: 1.68

Miscellaneous

• Outstanding Shares: 388,602,000
• Free Float: N/A
• Market Cap: C$26.81 billion
• Optionable: Not Optionable
• Beta: -0.27