S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
Writers Guild and Hollywood studios reach tentative deal to end strike. No deal yet for actors
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
Canadian autoworkers ratify new labor agreement with Ford
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
Hollywood's writers strike is on the verge of ending. What happens next?
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
Writers Guild and Hollywood studios reach tentative deal to end strike. No deal yet for actors
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
Canadian autoworkers ratify new labor agreement with Ford
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
Hollywood's writers strike is on the verge of ending. What happens next?
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
Writers Guild and Hollywood studios reach tentative deal to end strike. No deal yet for actors
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
Canadian autoworkers ratify new labor agreement with Ford
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
Hollywood's writers strike is on the verge of ending. What happens next?
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
Writers Guild and Hollywood studios reach tentative deal to end strike. No deal yet for actors
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
Canadian autoworkers ratify new labor agreement with Ford
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
Hollywood's writers strike is on the verge of ending. What happens next?
TSE:TOU

Tourmaline Oil (TOU) Stock Forecast, Price & News

C$66.98
+0.31 (+0.46%)
(As of 09/22/2023 ET)
Compare
Today's Range
C$66.69
C$67.70
50-Day Range
C$65.07
C$70.93
52-Week Range
C$52.34
C$84.10
Volume
1.71 million shs
Average Volume
2.78 million shs
Market Capitalization
C$22.76 billion
P/E Ratio
8.15
Dividend Yield
1.55%
Price Target
C$81.64

Tourmaline Oil MarketRank™ Forecast

Analyst Rating
Buy
3.10 Rating Score
Upside/​Downside
21.9% Upside
C$81.64 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.63mentions 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

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.35 out of 5 stars


TOU stock logo

About Tourmaline Oil (TSE:TOU) Stock

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 Price History

TOU Stock News Headlines

Brokerages Set Tourmaline Oil Corp. (TSE:TOU) PT at C$81.64
The single greatest medical breakthrough of all time?
We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.
Tourmaline Oil (TSE:TOU) Given New C$79.00 Price Target at Desjardins
The single greatest medical breakthrough of all time?
We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.
RBC Capital Sticks to Its Buy Rating for Tourmaline Oil (TOU)
Tourmaline Oil (TOU) Received its Third Buy in a Row
Tourmaline Oil (TOU) Gets a Buy Rating from RBC Capital
TSX Rises 1.8% On All-round Buying
See More Headlines
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TOU Company Calendar

Last Earnings
8/02/2023
Ex-Dividend for 8/22 Dividend
8/11/2023
Dividend Payable
8/22/2023
Ex-Dividend for 9/29 Dividend
9/14/2023
Today
9/24/2023
Dividend Payable
9/29/2023
Next Earnings (Estimated)
11/01/2023

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Forecast
C$81.64
High Stock Price Forecast
C$112.00
Low Stock Price Forecast
C$73.00
Forecasted Upside/Downside
+21.9%
Consensus Rating
Buy
Rating Score (0-4)
3.10
Research Coverage
10 Analysts

Profitability

Net Income
C$2.83 billion
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$5.48 billion
Cash Flow
C$0.23 per share
Book Value
C$38.73 per share

Miscellaneous

Free Float
N/A
Market Cap
C$22.76 billion
Optionable
Not Optionable
Beta
1.60
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Key Executives

  • Mr. Michael L. Rose P.Geol (Age 65)
    Chairman, Pres & CEO
    Comp: $4.67M
  • Mr. Brian G. Robinson (Age 66)
    VP of Fin., CFO & Non-Independent Director
    Comp: $2.25M
  • Ms. Sherra Aspin
    VP of Marketing
  • Mr. Colin Joel Frostad
    VP of Exploration
  • Mr. Allan Joseph Bush
    Chief Operating Officer
  • Mr. William Scott Kirker
    Chief Legal Officer & External Affairs
  • Ms. Sarah Tait
    Controller
  • Ms. Katie Beck
    Corp. Sec. & Associate Gen. Counsel













TOU Stock - Frequently Asked Questions

Should I buy or sell Tourmaline Oil stock right now?

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Tourmaline Oil in the last year. There are currently 9 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 forecast for 2023?

10 Wall Street research analysts have issued 1 year price objectives for Tourmaline Oil's stock. Their TOU share price forecasts range from C$73.00 to C$112.00. On average, they expect the company's share price to reach C$81.64 in the next twelve months. This suggests a possible upside of 21.9% 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 beginning of 2023. Since then, TOU shares have decreased by 2.0% and is now trading at C$66.98.
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, November 1st 2023.
View our TOU earnings forecast
.

How were Tourmaline Oil's earnings last quarter?

Tourmaline Oil Corp. (TSE:TOU) announced its earnings results on Wednesday, August, 2nd. The company reported $1.49 EPS for the quarter, beating the consensus estimate of $1.21 by $0.28. The firm earned $1.41 billion during the quarter. Tourmaline Oil had a net margin of 51.66% and a trailing twelve-month return on equity of 22.70%.

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

Tourmaline Oil declared a quarterly dividend on Friday, September 1st. Investors of record on Friday, September 15th will be given a dividend of 0.26 per share on Friday, September 29th. This represents a $1.04 annualized dividend and a yield of 1.55%. The ex-dividend date is Thursday, September 14th.
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 1.48%. The dividend payout ratio is 12.65%. 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?
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 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 is Tourmaline Oil's stock price today?

One share of TOU stock can currently be purchased for approximately C$66.98.

How much money does Tourmaline Oil make?

Tourmaline Oil (TSE:TOU) has a market capitalization of C$22.76 billion and generates C$5.48 billion in revenue each year. The company earns C$2.83 billion in net income (profit) each year or C$8.22 on an earnings per share basis.

How many employees does Tourmaline Oil have?

The company employs 360 workers across the globe.

How can I contact Tourmaline Oil?

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

This page (TSE:TOU) was last updated on 9/24/2023 by MarketBeat.com Staff

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