Tourmaline Oil Stock Price, News & Analysis (TSE:TOU) C$65.51 -0.17 (-0.26%) (As of 12/1/2023 ET) Add Compare Share Share Today's RangeC$65.18▼C$66.1350-Day RangeC$65.33▼C$73.5752-Week RangeC$52.34▼C$81.21Volume1.14 million shsAverage Volume2.61 million shsMarket CapitalizationC$22.32 billionP/E Ratio22.59Dividend Yield1.59%Price TargetC$84.71 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider Trades Tourmaline Oil MarketRank™ Stock AnalysisAnalyst RatingBuy3.08 Rating ScoreUpside/Downside29.3% UpsideC$84.71 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.50Based on 2 Articles This WeekInsider TradingAcquiring SharesC$169,650 Bought Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.78 out of 5 stars 4.5 Analyst's Opinion Consensus RatingTourmaline Oil has received a consensus rating of Buy. The company's average rating score is 3.08, and is based on 11 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$84.71, Tourmaline Oil has a forecasted upside of 29.3% from its current price of C$65.51.Amount of Analyst CoverageTourmaline Oil has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock. 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 1.56%, 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 35.86%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for TOU. Previous Next 1.9 News and Social Media Coverage News SentimentTourmaline Oil has a news sentiment score of 0.50. 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 news sentiment score is similar to the average news sentiment of Energy companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Tourmaline Oil this week, compared to 1 article on an average week.Search InterestOnly 5 people have searched for TOU on MarketBeat in the last 30 days. This is a decrease of -75% compared to the previous 30 days.MarketBeat FollowsOnly 7 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. 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$169,650.00 in company stock and sold C$0.00 in company stock.Percentage Held by InsidersOnly 5.53% of the stock of Tourmaline Oil is held by insiders.Percentage Held by Institutions54.99% of the stock of Tourmaline Oil is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Tourmaline Oil is 22.59, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 109.88.Price to Earnings Ratio vs. SectorThe P/E ratio of Tourmaline Oil is 22.59, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 113.65.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 1.71. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here 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.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 HeadlinesDecember 1, 2023 | marketwatch.comTourmaline Oil Taps Earl McKinnon as Operating ChiefDecember 1, 2023 | finance.yahoo.comTOURMALINE DECLARES QUARTERLY DIVIDEND AND PROVIDES MANAGEMENT UPDATEDecember 3, 2023 | DTI Trader (Ad)All the trading advice you’ve ever received boils down to thisAll the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.November 25, 2023 | americanbankingnews.comTourmaline Oil (TSE:TOU) Share Price Crosses Above 200 Day Moving Average of $66.06November 2, 2023 | msn.comTourmaline Oil reports Q3 earnings; reaffirms FY23 production outlookOctober 20, 2023 | financialpost.comTourmaline-backed LNG group files for environmental permitsOctober 16, 2023 | proactiveinvestors.comTourmaline Oil strikes Bonavista takeover and hikes dividendOctober 4, 2023 | finance.yahoo.comInstitutions own 45% of Tourmaline Oil Corp. (TSE:TOU) shares but individual investors control 49% of the companyDecember 3, 2023 | DTI Trader (Ad)All the trading advice you’ve ever received boils down to thisAll the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.September 15, 2023 | finance.yahoo.comIs Tourmaline Oil Corp.'s (TSE:TOU) Latest Stock Performance A Reflection Of Its Financial Health?August 9, 2023 | finance.yahoo.comA Look At The Intrinsic Value Of Tourmaline Oil Corp. (TSE:TOU)August 3, 2023 | msn.comTourmaline Oil: Surging Ahead Amid ChallengesAugust 3, 2023 | financialpost.comTourmaline Oil joins proposed Pacific LNG terminal in major boost to projectAugust 2, 2023 | finance.yahoo.comTOURMALINE DELIVERS STRONG FREE CASH FLOW AND DECLARES A SPECIAL DIVIDENDJuly 24, 2023 | markets.businessinsider.comRBC Capital Sticks to Its Buy Rating for Tourmaline Oil (TOU)July 14, 2023 | msn.comOil and gas stocks: Which companies are insiders buying?July 13, 2023 | theglobeandmail.comThursday’s Insider Report: Company leaders make trades in Tourmaline Oil, Great-West Lifeco, and Couche-TardJuly 13, 2023 | theglobeandmail.comFor oil and gas stocks, this earnings season will be ‘challenging to say the least’July 10, 2023 | fool.caDividend Riches: Investing in the Canadian Oil PatchJune 30, 2023 | benzinga.comTourmaline Oil Stock (OTC:TRMLF), Analyst Ratings, Price Targets, PredictionsJune 30, 2023 | markets.businessinsider.comTourmaline Oil (TOU) Received its Third Buy in a RowJune 20, 2023 | finanznachrichten.deTourmaline Oil: speculation on a higher natural gas price!June 14, 2023 | markets.businessinsider.comTourmaline Oil (TOU) Gets a Buy Rating from RBC CapitalJune 13, 2023 | msn.comCanada's oil and gas production again at risk from wildfiresJune 10, 2023 | ca.finance.yahoo.com3 Canadian Energy Stocks With Insanely Fast-Growing DividendsJune 8, 2023 | msn.comTUDOR PICKERING & CO. SEC Maintains Tourmaline Oil (TSX:TOU) Buy RecommendationJune 8, 2023 | seekingalpha.comTourmaline Oil raises dividend by 4% to CAD 0.26/shareSee 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 Ex-Dividend for 9/29 Dividend9/14/2023Dividend Payable9/29/2023Ex-Dividend for 11/1 Dividend10/23/2023Last Earnings11/01/2023Dividend Payable11/01/2023Today12/03/2023Next Earnings (Estimated)3/06/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE Industry Oil & Gas E&P Sub-IndustryN/A SectorEnergy Current SymbolTSE:TOU CUSIPN/A CIKN/A Webwww.tourmalineoil.com Phone+1-403-7673587FaxN/AEmployees360Year FoundedN/APrice Target and Rating Average Stock Price TargetC$84.71 High Stock Price TargetC$112.00 Low Stock Price TargetC$75.00 Potential Upside/Downside+29.3%Consensus RatingBuy Rating Score (0-4)3.08 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)C$2.90 Trailing P/E Ratio22.59 Forward P/E Ratio9.65 P/E Growth1.72Net IncomeC$1.01 billion Net Margins19.10% Pretax MarginN/A Return on Equity7.30% Return on Assets-3.17% Debt Debt-to-Equity Ratio3.64 Current Ratio0.89 Quick Ratio0.47 Sales & Book Value Annual SalesC$5.26 billion Price / Sales4.24 Cash FlowC$0.23 per share Price / Cash Flow285.99 Book ValueC$38.30 per share Price / Book1.71Miscellaneous Outstanding Shares340,770,000Free FloatN/AMarket CapC$22.32 billion OptionableNot Optionable Beta1.52 5G Stocks: The Path Forward is ProfitableClick the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. Get This Free Report Key ExecutivesMr. Michael L. Rose P.Geol (Age 65)Chairman of the Board, President & CEO Comp: $4.67MMr. Brian G. Robinson (Age 66)VP of Finance, CFO & Non-Independent Director Comp: $2.25MMs. Sherra AspinVice President of MarketingMr. Colin Joel FrostadVice President of ExplorationMr. Allan Joseph BushChief Operating OfficerMr. William Scott KirkerChief Legal Officer & External AffairsMs. Sarah TaitControllerMs. Katie BeckCorporate Secretary & Associate General CounselMore ExecutivesKey CompetitorsOvintivTSE:OVVARC ResourcesTSE:ARXMEG EnergyTSE:MEGPrairieSky RoyaltyTSE:PSKWhitecap ResourcesTSE:WCPView All CompetitorsInsidersMike RoseBought 2,500 shares on 11/8/2023Total: C$169,650.00 ($67.86/share)Janet WeissBought 350 shares on 4/17/2023Total: C$15,953.00 ($45.58/share)Mike RoseBought 5,000 shares on 3/13/2023Total: C$278,497.00 ($55.70/share)Mike RoseBought 5,000 shares on 3/7/2023Total: C$293,855.50 ($58.77/share)Mike RoseBought 5,000 shares on 1/25/2023Total: C$313,843.00 ($62.77/share)View All Insider Transactions Should I Buy Tourmaline Oil Stock? TOU Pros and Cons Explained These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Tourmaline Oil was last updated on Tuesday, November 28, 2023 at 1:32 PM. Pros Here are some ways that investors could benefit from investing in Tourmaline Oil Corp.: Tourmaline Oil Corp. recently announced a $70 million joint development agreement with Clean Energy to build CNG stations in Western Canada. This partnership could open up new opportunities for the company in the growing market for compressed natural gas. Tourmaline Oil Corp. explores for and develops oil and natural gas properties in the Western Canadian Sedimentary Basin, which is known for its rich reserves. This provides the company with a strong resource base for future production. The company holds interests in properties located in the Alberta Deep Basin, Northeast British Columbia Montney, and the Peace River High Triassic oil complex. These diverse assets provide Tourmaline Oil Corp. with exposure to multiple resource plays, reducing risk and increasing potential for growth. Tourmaline Oil Corp. is headquartered in Calgary, Canada, which is a major hub for the oil and gas industry. This strategic location allows the company to access key infrastructure and expertise in the region. The company was incorporated in 2008, indicating a relatively young and dynamic organization. This may suggest a focus on innovation and adaptability in a rapidly changing industry. Cons Investors should be bearish about investing in Tourmaline Oil Corp. for these reasons: The oil and gas industry is subject to price volatility, which can impact the profitability of companies like Tourmaline Oil Corp. Fluctuations in commodity prices could affect the company's revenue and earnings. Environmental concerns and regulations surrounding the oil and gas industry could pose challenges for Tourmaline Oil Corp. as the demand for cleaner energy sources continues to grow. This may require the company to invest in technologies and practices to reduce its environmental footprint. Tourmaline Oil Corp. operates in a highly competitive market, with many other companies vying for the same resources and market share. This could limit the company's ability to differentiate itself and maintain profitability. The company's stock price is subject to market conditions and investor sentiment. It is important for investors to carefully consider the current stock price and market trends before making investment decisions. Tourmaline Oil Corp. is primarily focused on the Western Canadian Sedimentary Basin, which exposes the company to regional risks such as changes in government policies, regulatory frameworks, and infrastructure limitations. TOU Stock Analysis - Frequently Asked Questions Should I buy or sell Tourmaline Oil stock right now? 12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tourmaline Oil in the last year. There are currently 11 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street 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 equities research analysts have issued 1-year price objectives for Tourmaline Oil's shares. Their TOU share price targets range from C$75.00 to C$112.00. On average, they expect the company's share price to reach C$84.71 in the next twelve months. This suggests a possible upside of 29.3% 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 2023? Tourmaline Oil's stock was trading at C$68.32 at the start of the year. Since then, TOU stock has decreased by 4.1% and is now trading at C$65.51. View the best growth stocks for 2023 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 were Tourmaline Oil's earnings last quarter? Tourmaline Oil Corp. (TSE:TOU) released its quarterly earnings data on Wednesday, November, 1st. The company reported $0.80 earnings per share for the quarter, missing analysts' consensus estimates of $1.47 by $0.67. The company had revenue of $1.59 billion for the quarter, compared to the consensus estimate of $1.46 billion. Tourmaline Oil had a net margin of 19.10% and a trailing twelve-month return on equity of 7.30%. How often does Tourmaline Oil pay dividends? What is the dividend yield for Tourmaline Oil? Tourmaline Oil announced a None dividend on Monday, October 16th. Stockholders of record on Tuesday, October 24th will be paid a dividend of 1.00 per share on Wednesday, November 1st. The ex-dividend date is Monday, October 23rd. Read our dividend analysis for TOU. Is Tourmaline Oil a good dividend stock? Tourmaline Oil (TSE:TOU) pays an annual dividend of C$1.04 per share and currently has a dividend yield of 1.56%. The dividend payout ratio is 35.86%. 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? Based on aggregate information from My MarketBeat watchlists, some companies that other 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), Toronto-Dominion Bank (TD), AbbVie (ABBV), Agnico Eagle Mines (AEM) and Enbridge (ENB). 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 12/3/2023 by MarketBeat.com Staff 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. 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