Tourmaline Oil Stock Forecast, Price & News

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Tourmaline Oil in the last twelve months. There are currently 8 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Tourmaline Oil stock.
View analyst ratings for Tourmaline Oil or view top-rated stocks.

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

Tourmaline Oil is scheduled to release its next quarterly earnings announcement on Wednesday, July 28th 2021.
View our earnings forecast for Tourmaline Oil.

Tourmaline Oil Corp. (TSE:TOU) issued its quarterly earnings results on Wednesday, May, 5th. The company reported $0.83 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.80 by $0.03. The business earned $950.59 million during the quarter.
View Tourmaline Oil's earnings history.

Tourmaline Oil's stock was trading at C$9.63 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, TOU stock has increased by 249.7% and is now trading at C$33.68.
View which stocks have been most impacted by COVID-19.

Tourmaline Oil announced a quarterly dividend on Monday, June 14th. Investors of record on Wednesday, June 30th will be given a dividend of 0.16 per share on Wednesday, June 30th. This represents a $0.64 dividend on an annualized basis and a yield of 1.90%. The ex-dividend date of this dividend is Monday, June 14th.
View Tourmaline Oil's dividend history.

Tourmaline Oil pays an annual dividend of C$0.54 per share and currently has a dividend yield of 1.83%. The dividend payout ratio of Tourmaline Oil is 16.73%. This payout ratio is at a healthy, sustainable level, below 75%.
View Tourmaline Oil's dividend history.

9 equities research analysts have issued twelve-month target prices for Tourmaline Oil's stock. Their forecasts range from C$36.00 to C$57.00. On average, they expect Tourmaline Oil's share price to reach C$43.50 in the next twelve months. This suggests a possible upside of 29.2% from the stock's current price.
View analysts' price targets for Tourmaline Oil or view top-rated stocks among Wall Street analysts.

Some companies that are related to Tourmaline Oil include Ovintiv (OVV), Whitecap Resources (WCP), Seven Generations Energy (VII), Reconnaissance Energy Africa (RECO), Raging River Exploration (RRX), Peyto Exploration & Development (PEY), Baytex Energy (BTE), (SPE.TO) (SPE), Energean (ENOG), Freehold Royalties (FRU), Tamarack Valley Energy (TVE), Cairn Energy (CRNCD), International Petroleum (IPCO), Advantage Energy (AAV) and Diversified Energy (DEC).
View all of TOU's competitors.

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), The Toronto-Dominion Bank (TD), AbbVie (ABBV), Agnico Eagle Mines (AEM) and Enbridge (ENB).

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

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.

One share of TOU stock can currently be purchased for approximately C$33.68.

Tourmaline Oil has a market capitalization of C$10.07 billion and generates C$2.66 billion in revenue each year.

Tourmaline Oil employs 296 workers across the globe.

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

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

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.