Tourmaline Oil Stock Forecast, Price & News

+0.48 (+1.70 %)
(As of 05/6/2021 12:00 AM ET)
Today's Range
50-Day Range
52-Week Range
Volume1.99 million shs
Average Volume1.41 million shs
Market CapitalizationC$8.49 billion
P/E Ratio12.62
Dividend Yield2.27%
30 days | 90 days | 365 days | Advanced Chart
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Industry, Sector and Symbol

Industry Oil & Gas E&P
Year FoundedN/A

Sales & Book Value

Annual SalesC$2.22 billion
Cash FlowC$0.78 per share
Book ValueC$29.70 per share





Market CapC$8.49 billion
Next Earnings DateN/A
OptionableNot Optionable


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Tourmaline Oil logo

About Tourmaline Oil

Tourmaline Oil Corp. acquires, explores for, develops, and produces oil and natural gas properties in the Western Canadian Sedimentary Basin. It holds interests in properties located in the Alberta Deep Basin, Northeast British Columbia Montney, and the Peace River High Triassic oil complex. The company was incorporated in 2008 and is headquartered in Calgary, Canada.


Overall MarketRank

2.20 out of 5 stars

Analyst Opinion: 3.5Community Rank: 2.9Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -
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Tourmaline Oil (TSE:TOU) Frequently Asked Questions

Is Tourmaline Oil a buy right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Tourmaline Oil in the last year. There are currently 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Tourmaline Oil stock.
View analyst ratings for Tourmaline Oil
or view top-rated stocks.

What stocks does MarketBeat like better than Tourmaline Oil?

Wall Street analysts have given Tourmaline Oil a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Tourmaline Oil wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

How were Tourmaline Oil's earnings last quarter?

Tourmaline Oil Corp. (TSE:TOU) released its earnings results on Wednesday, March, 10th. The company reported $0.47 earnings per share for the quarter, topping the consensus estimate of $0.40 by $0.07. The firm earned $688.37 million during the quarter.
View Tourmaline Oil's earnings history

How has Tourmaline Oil's stock price been impacted by Coronavirus?

Tourmaline Oil's stock was trading at C$9.63 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, TOU shares have increased by 197.4% and is now trading at C$28.64.
View which stocks have been most impacted by COVID-19

How often does Tourmaline Oil pay dividends? What is the dividend yield for Tourmaline Oil?

Tourmaline Oil announced a quarterly dividend on Wednesday, March 17th. Shareholders of record on Wednesday, March 31st will be paid a dividend of 0.16 per share on Wednesday, March 31st. This represents a $0.64 annualized dividend and a dividend yield of 2.23%. The ex-dividend date of this dividend is Wednesday, March 17th. This is a boost from Tourmaline Oil's previous quarterly dividend of C$0.14.
View Tourmaline Oil's dividend history

Is Tourmaline Oil a good dividend stock?

Tourmaline Oil pays an annual dividend of C$0.50 per share and currently has a dividend yield of 2.27%. The dividend payout ratio of Tourmaline Oil is 22.03%. This payout ratio is at a healthy, sustainable level, below 75%.
View Tourmaline Oil's dividend history.

What price target have analysts set for TOU?

7 equities research analysts have issued 12 month price objectives for Tourmaline Oil's shares. Their forecasts range from C$30.00 to C$41.00. On average, they anticipate Tourmaline Oil's share price to reach C$33.86 in the next year. This suggests a possible upside of 18.2% from the stock's current price.
View analysts' price targets for Tourmaline Oil
or view top-rated stocks among Wall Street analysts.

Who are Tourmaline Oil's key executives?

Tourmaline Oil's management team includes the following people:
  • Mr. Michael L. Rose, Chairman, Pres & CEO (Age 63, Pay $3.26M)
  • Mr. Brian G. Robinson, VP of Fin., CFO & Non-Independent Director (Age 64, Pay $1.21M)
  • Mr. Allan Joseph Bush, Chief Operating Officer
  • Ms. Sherra Aspin, VP of Marketing
  • Mr. William Scott Kirker, Gen. Counsel
  • Mr. Colin Joel Frostad, VP of Exploration
  • Ms. Sarah Tait, Controller
  • Ms. Katie Beck, Corp. Sec. & Associate Gen. Counsel

Who are some of Tourmaline Oil's key competitors?

What other stocks do shareholders of Tourmaline Oil own?

What is Tourmaline Oil's stock symbol?

Tourmaline Oil trades on the Toronto Stock Exchange (TSX) under the ticker symbol "TOU."

How do I buy shares of Tourmaline Oil?

Shares of TOU 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 is Tourmaline Oil's stock price today?

One share of TOU stock can currently be purchased for approximately C$28.64.

How much money does Tourmaline Oil make?

Tourmaline Oil has a market capitalization of C$8.49 billion and generates C$2.22 billion in revenue each year.

How many employees does Tourmaline Oil have?

Tourmaline Oil employs 296 workers across the globe.

What is Tourmaline Oil's official website?

The official website for Tourmaline Oil is www.tourmalineoil.com.

Where are Tourmaline Oil's headquarters?

Tourmaline Oil is headquartered at 250 6 Ave SW Suite 3700, CALGARY, AB T2P 3H7, Canada.

How can I contact Tourmaline Oil?

Tourmaline Oil's mailing address is 250 6 Ave SW Suite 3700, CALGARY, AB T2P 3H7, Canada. The company can be reached via phone at +1-403-7673587.

This page was last updated on 5/7/2021 by MarketBeat.com Staff
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