TSE:TOU Tourmaline Oil (TOU) Stock Price, News & Analysis → The “Perfect Storm” for Gold (From Gold Safe Exchange) (Ad) Free TOU Stock Alerts C$64.12 -1.12 (-1.72%) (As of 04/18/2024 ET) Add Compare Share Share Today's RangeC$63.84▼C$65.4950-Day RangeC$53.99▼C$67.7152-Week RangeC$53.45▼C$74.21Volume1.96 million shsAverage Volume2.04 million shsMarket CapitalizationC$22.54 billionP/E Ratio12.75Dividend Yield1.87%Price TargetC$77.38 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider Trades Get Tourmaline Oil alerts: Email Address Tourmaline Oil MarketRank™ Stock AnalysisAnalyst RatingBuy3.08 Rating ScoreUpside/Downside20.7% UpsideC$77.38 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment-0.05Based on 10 Articles This WeekInsider TradingAcquiring SharesC$880,681 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.2.79 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 3.08, and is based on 11 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageTourmaline Oil has been the subject of 5 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 1.93%, 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 23.86%. 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 1.1 News and Social Media Coverage News SentimentTourmaline Oil has a news sentiment score of -0.05. 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 0.48 average news sentiment score of Energy companies.News Coverage This WeekMarketBeat has tracked 10 news articles for Tourmaline Oil this week, compared to 2 articles on an average week.Search InterestOnly 15 people have searched for TOU on MarketBeat in the last 30 days. This is a decrease of -32% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added Tourmaline Oil to their MarketBeat watchlist in the last 30 days. This is a decrease of -63% 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$880,681.00 in company stock and sold C$0.00 in company stock.Percentage Held by InsidersOnly 5.19% of the stock of Tourmaline Oil is held by insiders.Percentage Held by Institutions55.23% 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 12.75, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.07.Price to Earnings Ratio vs. SectorThe P/E ratio of Tourmaline Oil is 12.75, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 98.61.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 1.61. 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 Ad Gold Safe ExchangeThe “Perfect Storm” for GoldGold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.Click here now to download the free Precious Metals Buying Guide! 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 HeadlinesMarch 23, 2024 | insidertrades.comTourmaline Oil Corp. (TSE:TOU) Senior Officer Mike Rose Buys 2,500 SharesApril 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 19, 2024 | Gold Safe Exchange (Ad)The “Perfect Storm” for GoldGold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.April 18, 2024 | americanbankingnews.comTourmaline Oil (TSE:TOU) Price Target Lowered to C$72.50 at Canaccord Genuity GroupApril 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 14, 2024 | americanbankingnews.comTourmaline Oil (TSE:TOU) Price Target Raised to C$75.00 at Jefferies Financial GroupApril 19, 2024 | Gold Safe Exchange (Ad)The “Perfect Storm” for GoldGold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.April 7, 2024 | nasdaq.comTourmaline Oil Breaks Above 200-Day Moving Average - Bullish for TOUApril 3, 2024 | msn.comCompare with Tourmaline Oil Corp (Alberta) (TOUN)April 3, 2024 | msn.com2 Best Canadian Value Stocks to Buy in April 2024, According to AnalystsApril 2, 2024 | msn.com6 Best Infrared Mats to Alleviate Aches and PainsMarch 30, 2024 | ca.news.yahoo.comRussia says Moscow concert hall attackers were financed by UkraineMarch 27, 2024 | msn.comBest anxiety bracelets for serene self-soothingMarch 18, 2024 | msn.com8 best hair dryers for a salon-worthy blow dry in 2024: From Dyson to ghd & MOREMarch 18, 2024 | finance.yahoo.comChampion Electric Receives Geochemical and Heavy Mineral Data Supporting Western Prospect Drill Target at its Lithium Property in James Bay, QuebecMarch 13, 2024 | fool.ca3 Incredibly Cheap Stocks to Buy for 2024March 11, 2024 | oilprice.comEurope’s Secret Weapon In Its Energy War With Russia DescriptionMarch 8, 2024 | finance.yahoo.comTourmaline Oil Full Year 2023 Earnings: EPS Beats Expectations, Revenues LagMarch 6, 2024 | theglobeandmail.comSenior business leaders support proposal asking pension funds to invest more in CanadaMarch 6, 2024 | finance.yahoo.comTOURMALINE DELIVERS RECORD PRODUCTION, INCREASES 2P RESERVES TO 5 BILLION BOE AND DECLARES AN INCREASED QUARTERLY BASE DIVIDEND AND A SPECIAL DIVIDENDFebruary 22, 2024 | morningstar.comTourmaline Oil Corp TRMLFFebruary 22, 2024 | msn.comNorthern Lights College announces new oil and gas field operator programFebruary 21, 2024 | msn.com7 Best shampoos for split ends to get healthier locksFebruary 21, 2024 | financialpost.comCanada's Outstanding CEO of the Year: Tourmaline Oil's Michael RoseFebruary 19, 2024 | theglobeandmail.comGlobe readers glide through market mayhem, with one month left in stock-picking challengeSee 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 Earnings3/06/2024Ex-Dividend for 3/28 Dividend3/14/2024Dividend Payable3/28/2024Today4/19/2024Next Earnings (Estimated)5/01/2024Get 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$77.38 High Stock Price TargetC$90.00 Low Stock Price TargetC$70.00 Potential Upside/Downside+20.7%Consensus RatingBuy Rating Score (0-4)3.08 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)C$5.03 Trailing P/E Ratio12.75 Forward P/E Ratio13.61 P/E Growth1.72Net IncomeC$1.74 billion Net Margins35.87% Pretax MarginN/A Return on Equity12.53% Return on Assets10.31% Debt Debt-to-Equity Ratio8.04 Current Ratio0.81 Quick Ratio0.47 Sales & Book Value Annual SalesC$4.84 billion Price / Sales4.66 Cash FlowC$0.22 per share Price / Cash Flow285.99 Book ValueC$39.89 per share Price / Book1.61Miscellaneous Outstanding Shares351,470,000Free FloatN/AMarket CapC$22.54 billion OptionableNot Optionable Beta1.40 Ten Starter Stocks For Beginners to Buy NowJust getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.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: $2.25MMr. 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 CompetitorsOvintivTSE:OVVARC ResourcesTSE:ARXMEG EnergyTSE:MEGCrescent Point EnergyTSE:CPGStrathcona ResourcesTSE:SCRView All CompetitorsInsidersMike RoseBought 2,500 shares on 3/22/2024Total: C$148,543.00 ($59.42/share)Mike RoseBought 5,000 shares on 3/8/2024Total: C$311,259.00 ($62.25/share)Jill Terilee AngevineBought 130 shares on 2/13/2024Total: C$7,049.90 ($54.23/share)Mike RoseBought 5,000 shares on 2/5/2024Total: C$277,025.00 ($55.41/share)Janet WeissBought 650 shares on 1/26/2024Total: C$28,376.40 ($43.66/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 a strong buy rating from analysts, indicating positive market sentiment towards the company. Recent insider activity shows key figures within the company acquiring significant amounts of shares, signaling confidence in its future performance. The current stock price of Tourmaline Oil Corp. is at an attractive level, providing a potentially favorable entry point for investors. The company operates in the Oil & Gas E&P industry, which can offer substantial returns to investors during periods of high oil and gas prices. Tourmaline Oil Corp. has a diversified portfolio of properties in key regions like the Alberta Deep Basin and Northeast British Columbia Montney, reducing risk exposure. Cons Investors should be bearish about investing in Tourmaline Oil Corp. for these reasons: Analysts have adjusted price targets downwards for Tourmaline Oil Corp., indicating potential challenges or uncertainties in the company's future performance. The company's debt-to-equity ratio of 3.64 may raise concerns about its financial leverage and ability to manage debt obligations. Tourmaline Oil Corp.'s stock performance has shown volatility, with fluctuations in its share price that may pose risks to investors. The company's quick ratio of 0.47 and current ratio of 0.89 suggest potential liquidity issues that could impact its operations during challenging market conditions. Despite insider acquisitions, the overall insider ownership of 5.19% may raise questions about broader confidence levels within the company. 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, April 12, 2024. Please send any questions or comments about these Tourmaline Oil pros and cons to contact@marketbeat.com. 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 twelve months. 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 Wall Street research 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 predict the company's share price to reach C$77.38 in the next year. This suggests a possible upside of 20.7% 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 on January 1st, 2024. Since then, TOU shares have increased by 7.6% and is now trading at C$64.12. 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, May 1st 2024. View our TOU earnings forecast. How were Tourmaline Oil's earnings last quarter? Tourmaline Oil Corp. (TSE:TOU) posted its quarterly earnings results on Wednesday, March, 6th. The company reported $2.00 EPS for the quarter, beating analysts' consensus estimates of $1.41 by $0.59. The company had revenue of $1.66 billion for the quarter, compared to analysts' expectations of $1.49 billion. Tourmaline Oil had a net margin of 35.87% and a trailing twelve-month return on equity of 12.53%. How often does Tourmaline Oil pay dividends? What is the dividend yield for Tourmaline Oil? Tourmaline Oil declared a quarterly dividend on Wednesday, March 6th. Shareholders of record on Friday, March 15th will be given a dividend of 0.30 per share on Thursday, March 28th. This represents a $1.20 annualized dividend and a yield of 1.87%. The ex-dividend date of this dividend is Thursday, March 14th. This is a boost from the stock's previous quarterly dividend of C$0.28. Read our dividend analysis for TOU. Is Tourmaline Oil a good dividend stock? Tourmaline Oil (TSE:TOU) pays an annual dividend of C$1.20 per share and currently has a dividend yield of 1.93%. The dividend payout ratio is 23.86%. 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 4/19/2024 by MarketBeat.com Staff From Our PartnersThe Best AI Stock to Own in the World Today is Trading for Just $25Banyan Hill PublishingBiden’s $374B Giveaway Into This SectorDTIThe “Perfect Storm” for GoldGold Safe ExchangeForget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THISParadigm PressHe Is Giving Away BitcoinCrypto Swap ProfitsThe #1 Crypto for 2024InvestorPlaceUrgent alert: open this for a huge profit potentialTimothy SykesHow Biden has already won 2024Porter & Company 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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