S&P 500   5,096.27
DOW   38,996.39
QQQ   439.00
Pure Storage, Hormel Foods rise; WW International, First Advantage fall, Thursday, 2/29/2024
Revolutionary Device Redefines Cancer Detection (Ad)
How major US stock indexes fared Thursday, 2/29/2024
Average long-term US mortgage rises to 6.94% after marking fourth-straight weekly increase
Revolutionary Device Redefines Cancer Detection (Ad)
Grads From This Midwestern School Are More Likely to Start a Billion Dollar Company Than Founders Who Went To Stanford, Harvard, or MIT: Study
It's Leap Day, and You're Probably Working — Here's How 'February 29' Affects Your Paycheck
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Stock market today: World stocks track Wall Street gains, Japan shares hit record high
China's manufacturing activity contracts for 5th straight month despite policy support
S&P 500   5,096.27
DOW   38,996.39
QQQ   439.00
Pure Storage, Hormel Foods rise; WW International, First Advantage fall, Thursday, 2/29/2024
Revolutionary Device Redefines Cancer Detection (Ad)
How major US stock indexes fared Thursday, 2/29/2024
Average long-term US mortgage rises to 6.94% after marking fourth-straight weekly increase
Revolutionary Device Redefines Cancer Detection (Ad)
Grads From This Midwestern School Are More Likely to Start a Billion Dollar Company Than Founders Who Went To Stanford, Harvard, or MIT: Study
It's Leap Day, and You're Probably Working — Here's How 'February 29' Affects Your Paycheck
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Stock market today: World stocks track Wall Street gains, Japan shares hit record high
China's manufacturing activity contracts for 5th straight month despite policy support
S&P 500   5,096.27
DOW   38,996.39
QQQ   439.00
Pure Storage, Hormel Foods rise; WW International, First Advantage fall, Thursday, 2/29/2024
Revolutionary Device Redefines Cancer Detection (Ad)
How major US stock indexes fared Thursday, 2/29/2024
Average long-term US mortgage rises to 6.94% after marking fourth-straight weekly increase
Revolutionary Device Redefines Cancer Detection (Ad)
Grads From This Midwestern School Are More Likely to Start a Billion Dollar Company Than Founders Who Went To Stanford, Harvard, or MIT: Study
It's Leap Day, and You're Probably Working — Here's How 'February 29' Affects Your Paycheck
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Stock market today: World stocks track Wall Street gains, Japan shares hit record high
China's manufacturing activity contracts for 5th straight month despite policy support
S&P 500   5,096.27
DOW   38,996.39
QQQ   439.00
Pure Storage, Hormel Foods rise; WW International, First Advantage fall, Thursday, 2/29/2024
Revolutionary Device Redefines Cancer Detection (Ad)
How major US stock indexes fared Thursday, 2/29/2024
Average long-term US mortgage rises to 6.94% after marking fourth-straight weekly increase
Revolutionary Device Redefines Cancer Detection (Ad)
Grads From This Midwestern School Are More Likely to Start a Billion Dollar Company Than Founders Who Went To Stanford, Harvard, or MIT: Study
It's Leap Day, and You're Probably Working — Here's How 'February 29' Affects Your Paycheck
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Stock market today: World stocks track Wall Street gains, Japan shares hit record high
China's manufacturing activity contracts for 5th straight month despite policy support
TSE:TOU

Tourmaline Oil (TOU) Stock Price, News & Analysis

C$61.42
+0.62 (+1.02%)
(As of 02/29/2024 ET)
Today's Range
C$60.84
C$62.24
50-Day Range
C$53.99
C$62.34
52-Week Range
C$52.34
C$74.21
Volume
7.60 million shs
Average Volume
2.25 million shs
Market Capitalization
C$20.93 billion
P/E Ratio
21.18
Dividend Yield
1.82%
Price Target
C$78.35

Tourmaline Oil MarketRank™ Stock Analysis

Analyst Rating
Buy
3.08 Rating Score
Upside/​Downside
27.6% Upside
C$78.35 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.00mentions of Tourmaline Oil in the last 14 days
Based on 2 Articles This Week
Insider Trading
Acquiring Shares
C$917,172 Bought Last Quarter
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.

3.54 out of 5 stars


TOU stock logo

About Tourmaline Oil Stock (TSE:TOU)

Tourmaline Oil Corp. explores for and develops 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.

TOU Stock Price History

TOU Stock News Headlines

Tourmaline Oil Corp TRMLF
Hunting for Domestic Vanadium - The U.S. Govt. Did WHAT?
A little-known metal called vanadium is vital to American national security and energy independence. But right now, China and Russia dominate our supply. The U.S. Govt. is so serious about vanadium, it funded and recently completed an "Earth MRI" survey to seek out new sources of this energy metal - in Wyoming.
TOU:CA Tourmaline Oil Corp.
Hunting for Domestic Vanadium - The U.S. Govt. Did WHAT?
A little-known metal called vanadium is vital to American national security and energy independence. But right now, China and Russia dominate our supply. The U.S. Govt. is so serious about vanadium, it funded and recently completed an "Earth MRI" survey to seek out new sources of this energy metal - in Wyoming.
The Right Way to Clean a Curling Iron
22 Valentine's Day Gifts to Give Yourself
Tourmaline Oil Corp.
Canadian Market Ends Moderately Lower
Canadian Market Remains Weak Despite Coming Off Early Lows
Tourmaline Oil Taps Earl McKinnon as Operating Chief
Tourmaline Oil strikes Bonavista takeover and hikes dividend
See More Headlines
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Company Calendar

Ex-Dividend for 12/29 Dividend
12/14/2023
Dividend Payable
12/29/2023
Today
3/01/2024
Next Earnings (Estimated)
3/06/2024

Industry, Sector and Symbol

Sector
Energy
Industry
Oil & Gas E&P
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
360
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$78.35
High Stock Price Target
C$90.00
Low Stock Price Target
C$70.00
Potential Upside/Downside
+27.6%
Consensus Rating
Buy
Rating Score (0-4)
3.08
Research Coverage
12 Analysts

Profitability

Net Income
C$1.01 billion
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$5.26 billion
Cash Flow
C$0.21 per share
Book Value
C$38.30 per share

Miscellaneous

Free Float
N/A
Market Cap
C$20.93 billion
Optionable
Not Optionable
Beta
1.41

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Key Executives

  • Mr. Michael L. Rose P.Geol (Age 66)
    Chairman of the Board, President & CEO
    Comp: $4.67M
  • Mr. Brian G. Robinson (Age 67)
    CFO & Non-Independent Director
    Comp: $2.25M
  • 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














TOU Stock Analysis - Frequently Asked Questions

Should I buy or sell Tourmaline Oil stock right now?

12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Tourmaline Oil in the last twelve months. There are currently 11 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities 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 Wall Street analysts have issued 12-month price objectives for Tourmaline Oil's stock. Their TOU share price targets range from C$70.00 to C$90.00. On average, they anticipate the company's stock price to reach C$78.35 in the next twelve months. This suggests a possible upside of 27.6% 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 2024. Since then, TOU stock has increased by 3.1% and is now trading at C$61.42.
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, March 6th 2024.
View our TOU earnings forecast
.

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

Tourmaline Oil declared a quarterly dividend on Friday, December 1st. Shareholders of record on Friday, December 15th will be paid a dividend of 0.28 per share on Friday, December 29th. This represents a $1.12 annualized dividend and a dividend yield of 1.82%. The ex-dividend date of this dividend is Thursday, December 14th. This is a boost from the stock's previous quarterly dividend of C$0.26.
Read our dividend analysis for TOU
.

Is Tourmaline Oil a good dividend stock?

Tourmaline Oil (TSE:TOU) pays an annual dividend of C$1.12 per share and currently has a dividend yield of 1.88%. The dividend payout ratio is 38.62%. 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?
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.

This page (TSE:TOU) was last updated on 3/1/2024 by MarketBeat.com Staff