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OTCMKTS:TRMLF

Tourmaline Oil (TRMLF) Stock Price, News & Analysis

$45.94
0.00 (0.00%)
(As of 06/14/2024 ET)
Today's Range
$45.48
$45.94
50-Day Range
$45.94
$50.28
52-Week Range
$39.39
$53.91
Volume
35,400 shs
Average Volume
16,027 shs
Market Capitalization
$16.15 billion
P/E Ratio
12.45
Dividend Yield
2.02%
Price Target
$31.33

Tourmaline Oil MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
31.8% Downside
$31.33 Price Target
Short Interest
Healthy
2.89% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.38mentions of Tourmaline Oil in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

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.

0.40 out of 5 stars

TRMLF stock logo

About Tourmaline Oil Stock (OTCMKTS:TRMLF)

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.

TRMLF Stock Price History

TRMLF Stock News Headlines

Tourmaline Oil's (TSE:TOU) Dividend Will Be CA$0.32
Here's what to expect from Tourmaline Oil's earnings
Tourmaline Oil Corp. (TRMLF)
Tourmaline Bio Announces Pricing Of 4.61 Mln Public Offering
Topaz Energy: Significant Growth Potential
Analysts’ Top Healthcare Picks: R1 RCM (RCM), Tourmaline Bio (TRML)
Tourmaline Bio Appoints Dr. Clay Siegall as Chairman of the Board
TOURMALINE ANNOUNCES CLOSING OF BONAVISTA ACQUISITION
Tourmaline Bio Inc.
Tourmaline Oil Corp's Dividend Analysis
Tourmaline Oil (TOU) Gets a Buy Rating from BMO Capital
See More Headlines
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Company Calendar

Last Earnings
5/01/2024
Ex-Dividend for 5/16 Dividend
5/08/2024
Dividend Payable
5/16/2024
Ex-Dividend for 6/28 Dividend
6/14/2024
Today
6/16/2024
Dividend Payable
6/28/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
N/A
Sub-Industry
N/A
Current Symbol
OTCMKTS:TRMLF
CIK
N/A
Fax
N/A
Employees
389
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$31.33
High Stock Price Target
$35.00
Low Stock Price Target
$25.00
Potential Upside/Downside
-31.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$1.29 billion
Pretax Margin
36.21%

Debt

Sales & Book Value

Annual Sales
$4.97 billion
Cash Flow
$6.37 per share
Book Value
$29.55 per share

Miscellaneous

Free Float
N/A
Market Cap
$16.15 billion
Optionable
Not Optionable
Beta
N/A
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Key Executives

  • Mr. Michael L. Rose P.Geol (Age 66)
    Chairman of the Board, President & CEO
    Comp: $3.42M
  • Mr. Brian G. Robinson (Age 67)
    CFO & Non-Independent Director
    Comp: $1.65M
  • Mr. Earl Henry McKinnon
    Chief Operating Officer
  • Ms. Sherra Aspin
    Vice President of Marketing
  • Mr. Colin Joel Frostad
    Vice President of Exploration
  • Mr. William Scott Kirker
    Chief Legal Officer & External Affairs
  • Ms. Katie Beck
    General Counsel & Corporate Secretary

Should I Buy Tourmaline Oil Stock? TRMLF 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, indicating a healthy financial performance.
  • The company has a high net margin of 35.78%, showcasing its ability to generate profits efficiently.
  • Analysts forecast a positive earnings per share for the current year, suggesting potential returns for investors.
  • Tourmaline Oil recently increased its dividend, providing additional income for shareholders.
  • The stock has received favorable ratings from multiple analysts, indicating confidence in its future performance.

Cons

Investors should be bearish about investing in Tourmaline Oil Corp. for these reasons:

  • Recent revenue figures fell short of analyst estimates, raising concerns about the company's growth trajectory.
  • The dividend payout ratio of 25.65% may limit future dividend increases or reinvestment in the business.
  • Some analysts have reduced their target prices for Tourmaline Oil, signaling potential downside risk.
  • Market conditions in the oil and gas industry can be volatile, impacting the company's financial performance.
  • Investors should carefully monitor oil prices as they directly influence Tourmaline Oil's profitability and stock price.
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 Tuesday, June 4, 2024. Please send any questions or comments about these Tourmaline Oil pros and cons to contact@marketbeat.com.

TRMLF Stock Analysis - Frequently Asked Questions

Should I buy or sell Tourmaline Oil stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Tourmaline Oil in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" TRMLF shares.
View TRMLF analyst ratings
or view top-rated stocks.

What is Tourmaline Oil's stock price target for 2024?

1 Wall Street research analysts have issued 12 month price objectives for Tourmaline Oil's shares. Their TRMLF share price targets range from $25.00 to $35.00. On average, they expect the company's share price to reach $31.33 in the next year. This suggests that the stock has a possible downside of 31.8%.
View analysts price targets for TRMLF
or view top-rated stocks among Wall Street analysts.

How have TRMLF shares performed in 2024?

Tourmaline Oil's stock was trading at $45.06 at the start of the year. Since then, TRMLF shares have increased by 2.0% and is now trading at $45.94.
View the best growth stocks for 2024 here
.

Are investors shorting Tourmaline Oil?

Tourmaline Oil saw a decrease in short interest in the month of May. As of May 31st, there was short interest totaling 10,174,600 shares, a decrease of 32.7% from the May 15th total of 15,124,100 shares. Based on an average daily volume of 47,200 shares, the days-to-cover ratio is currently 215.6 days.
View Tourmaline Oil's Short Interest
.

How were Tourmaline Oil's earnings last quarter?

Tourmaline Oil Corp. (OTCMKTS:TRMLF) posted its quarterly earnings results on Wednesday, May, 1st. The company reported $0.51 EPS for the quarter. The company earned $969.72 million during the quarter. Tourmaline Oil had a net margin of 28.95% 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 dividend on Tuesday, June 11th. Investors of record on Monday, June 17th will be given a dividend of $0.2324 per share on Friday, June 28th. This represents a dividend yield of 1.92%. The ex-dividend date is Friday, June 14th.
Read our dividend analysis for TRMLF
.

Is Tourmaline Oil a good dividend stock?

Tourmaline Oil (OTCMKTS:TRMLF) pays an annual dividend of $0.93 per share and currently has a dividend yield of 2.02%. The dividend payout ratio is 25.20%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for TRMLF.

How do I buy shares of Tourmaline Oil?

Shares of TRMLF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (OTCMKTS:TRMLF) was last updated on 6/16/2024 by MarketBeat.com Staff

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