TSE:TOU Tourmaline Oil (TOU) Stock Price, News & Analysis C$59.86 +0.45 (+0.76%) (As of 05:27 PM ET) Add Compare Share Share Today's RangeC$58.83▼C$59.8850-Day RangeC$59.41▼C$68.3252-Week RangeC$53.45▼C$74.21Volume724,866 shsAverage Volume2.13 million shsMarket CapitalizationC$21.05 billionP/E Ratio12.00Dividend Yield2.14%Price TargetC$78.38 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider Trades Get Tourmaline Oil alerts: Email Address Tourmaline Oil MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside30.9% UpsideC$78.38 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.19Based on 4 Articles This WeekInsider TradingAcquiring SharesC$968,964 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.3.32 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 3.00, and is based on 10 buy ratings, 1 hold rating, and no sell ratings.Amount of Analyst CoverageTourmaline Oil has only been the subject of 3 research reports in the past 90 days.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 2.3 News and Social Media Coverage News SentimentTourmaline Oil has a news sentiment score of 0.19. 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 0.43 average news sentiment score of Energy companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Tourmaline Oil this week, compared to 1 article on an average week.Search InterestOnly 10 people have searched for TOU on MarketBeat in the last 30 days. This is a decrease of -23% compared to the previous 30 days.MarketBeat Follows6 people have added Tourmaline Oil to their MarketBeat watchlist in the last 30 days. This is an increase of 200% 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$968,964.00 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 12.00, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.35.Price to Earnings Ratio vs. SectorThe P/E ratio of Tourmaline Oil is 12.00, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 205.78.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 1.50. 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 Porter & CompanyObama wins Presidential debate When I said Obama would seek a third term… They called me a conspiracy theorist, they said it couldn’t happen, that the 22nd Amendment makes it impossible. But as I explained on live radio years ago, “he could have a proxy… while he remains in control of the administration much like Putin did in Russia.” Please, watch this now before it’s too late. 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 HeadlinesJuly 24 at 6:46 AM | marketwatch.comTourmaline Oil Corp. stock falls Tuesday, underperforms marketJuly 22, 2024 | marketwatch.comTourmaline Oil Corp. stock rises Monday, outperforms marketJuly 26, 2024 | Monument Traders Alliance (Ad)NEW AI developed by trader who won 1,129% (in 2 days)Earlier this year one legendary trader captured a 1,129% win (in just 2 days) ... LIVE in front of thousands of Americans...July 21, 2024 | finance.yahoo.comInvesting in Tourmaline Oil (TSE:TOU) five years ago would have delivered you a 422% gainJuly 19, 2024 | msn.comHere Are My Top 3 TSX Stocks to Buy Right NowJuly 19, 2024 | americanbankingnews.comAnalysts Set Tourmaline Oil Corp. (TSE:TOU) Price Target at C$78.38May 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?July 26, 2024 | Monument Traders Alliance (Ad)NEW AI developed by trader who won 1,129% (in 2 days)Earlier this year one legendary trader captured a 1,129% win (in just 2 days) ... LIVE in front of thousands of Americans...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 TOUSee 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 Payable5/16/2024Ex-Dividend for 6/28 Dividend6/14/2024Dividend Payable6/28/2024Today7/26/2024Next 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+31.9%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)C$4.99 Trailing P/E Ratio11.91 Forward P/E Ratio13.49 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 / Sales4.32 Cash FlowC$0.21 per share Price / Cash Flow285.99 Book ValueC$39.87 per share Price / Book1.49Miscellaneous Outstanding Shares351,660,000Free FloatN/AMarket CapC$20.89 billion OptionableNot Optionable Beta1.39 Elon Musk's Next MoveWondering when you'll finally be able to invest in SpaceX, StarLink, or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.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 CompetitorsCanadian Natural ResourcesTSE:CNQOvintivTSE:OVVARC ResourcesTSE:ARXMEG EnergyTSE:MEGStrathcona ResourcesTSE:SCRView All CompetitorsInsidersMike RoseBought 5,000 shares on 6/14/2024Total: C$314,392.00 ($62.88/share)Mike RoseBought 2,500 shares on 6/12/2024Total: C$165,250.00 ($66.10/share)Mike 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)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 a strong net margin of 35.78%, indicating efficient cost management. The company has a healthy return on equity of 12.72%, reflecting its ability to generate profits from shareholders' equity. Tourmaline Oil recently increased its dividend payout, offering a higher annualized dividend of $1.28 and a dividend yield of 1.93%. Despite missing revenue estimates, the company's earnings per share forecast for the current year is positive at 4.4043109, showing growth potential. Wall Street analysts have maintained a positive outlook on Tourmaline Oil, with multiple "buy" and "outperform" ratings, indicating investor confidence in the company's future performance. Cons Investors should be bearish about investing in Tourmaline Oil Corp. for these reasons: Recent analyst reports have lowered target prices for Tourmaline Oil, suggesting potential concerns about the company's growth prospects. The company's revenue for the quarter fell short of analyst estimates, indicating possible challenges in meeting market expectations. Despite a dividend increase, Tourmaline Oil's dividend payout ratio is relatively high at 25.65%, which may raise concerns about sustainability. MarketBeat.com's average price target for Tourmaline Oil is C$78.38, which is below some of the previous target prices set by analysts, signaling a mixed sentiment in the market. Investors may consider the ex-dividend date and dividend yield in relation to their investment strategy, as these factors can impact overall returns. 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 Friday, June 28, 2024. Please send any questions or comments about these Tourmaline Oil pros and cons to contact@marketbeat.com. TOU Stock Analysis - Frequently Asked Questions How have TOU shares performed this year? Tourmaline Oil's stock was trading at C$59.59 at the start of the year. Since then, TOU shares have increased by 0.5% and is now trading at C$59.86. View the best growth stocks for 2024 here. How were Tourmaline Oil's earnings last quarter? Tourmaline Oil Corp. (TSE:TOU) issued its quarterly earnings results on Wednesday, May, 1st. The company reported $0.69 EPS for the quarter, missing the consensus estimate of $1.37 by $0.68. The company had revenue of $1.31 billion for the quarter, compared to analyst estimates 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 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. What other stocks do shareholders of Tourmaline Oil own? Based on aggregate information from My MarketBeat watchlists, some other companies that 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) and Toronto-Dominion Bank (TD). This page (TSE:TOU) was last updated on 7/26/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetche...Crypto Swap Profits | Sponsored“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 sp...Unstoppable Prosperity | SponsoredThis student turned $1,300 into $45,000 in just 4 Months!With the help of S.A.M. (my new AI-powered scanner) it's now easier than ever to find these unique trades... ...Monument Traders Alliance | SponsoredCollapse of the PetrodollarThe death of the "petrodollar" seems imminent. And the implications could not be worse for Americans. Ru...Colonial Metals | SponsoredRare signal predicts 50% market drop - before electionThe market is near all-time highs, we're told that unemployment is low, AI's a gift to humanity, and the FED w...Behind the Markets | SponsoredMust-See: Elon’s New Invention is Absolutely InsaneCould Elon's New Device be Bigger than the iPhone? According to 30-year Silicon Valley and Wall Street vete...InvestorPlace | SponsoredElon to Transform U.S. Economy? A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” ...Porter & Company | Sponsored5 Stocks that could triple in a week Robinhood traders have piled $78 billion into this market... Driving tiny tech stock gains of 3,000%, 8,942...Traders Agency | Sponsored Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Tourmaline Oil Corp. Please log in to your account or sign up in order to add this asset to your watchlist. Share Tourmaline Oil With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.