TSE:TOUTourmaline Oil Stock Price, Forecast & News

C$13.89

-0.06 (-0.43 %)

(As of 05/25/2020 04:00 PM ET)

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Today's Range

C$13.81

Now: C$13.89▼

C$14.11

50-Day Range

C$7.81

MA: C$11.82▼

C$14.29

52-Week Range

C$6.73

Now: C$13.89▼

C$18.41

Volume319,521 shs

Average Volume1.92 million shs

Market CapitalizationC$3.78 billion

P/E Ratio19.21

Dividend Yield3.44%

BetaN/A

Tourmaline Oil Corp., together with its subsidiaries, engages in the acquisition, exploration, development, and production of oil and natural gas properties in the Western Canadian Sedimentary Basin. The company holds interests in properties located in the Alberta Deep Basin, NEBC Montney, and the Peace River High Triassic oil complex. Tourmaline Oil Corp. was founded in 2008 and is headquartered in Calgary, Canada.

Beat the Market (BTM) Rank^™

4.5 Analyst's Opinion

Consensus Rating
Tourmaline Oil has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 8 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$19.08, Tourmaline Oil has a potential upside of 37.4% from its current price of C$13.89.
Amount of Analyst Coverage
Tourmaline Oil has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.9 Community Rank

Outperform Votes
Tourmaline Oil has received 691 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Tourmaline Oil has received 518 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Tourmaline Oil has received 57.15% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Tourmaline Oil and other stocks. Vote “Outperform” if you believe TOU will outperform the S&P 500 over the long term. Vote “Underperform” if you believe TOU will underperform the S&P 500 over the long term. You may vote once every thirty days.

2.5 Dividend Strength

Dividend Leadership
Tourmaline Oil is a leading dividend payer. It pays a dividend yield of 3.44%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Tourmaline Oil does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Tourmaline Oil is 66.39 %. This payout ratio is at a healthy, sustainable level, below 75%.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Tourmaline Oil insiders have sold just slightly more of their company's stock than they have bought. Specifically, they have bought C$181,308.00 in company stock and sold C$197,198.00 in company stock. It is common for insiders to sell company stock at intervals simply to diversify their holdings.

0.6 Earnings and Valuation

Earnings Growth
Earnings for Tourmaline Oil are expected to decrease by -100.00% in the coming year, from C$1.02 to C$0.00 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Tourmaline Oil is 19.21, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 13.79.
Price to Earnings Ratio vs. Sector
The P/E ratio of Tourmaline Oil is 19.21, which means that it is trading at a more expensive P/E ratio than the Energy sector average P/E ratio of about 5.90.
Price to Earnings Growth Ratio
Tourmaline Oil has a PEG Ratio of 5.70. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Tourmaline Oil has a P/B Ratio of 0.49. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.31 out of 5 stars

Industry, Sector and Symbol

Stock Exchange TSE

Industry Oil & Gas E&P

Sub-IndustryN/A

SectorEnergy

Current SymbolTSE:TOU

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.tourmalineoil.com

Phone+1-403-7673587

Debt

Debt-to-Equity Ratio20.01

Current Ratio0.67

Quick Ratio0.38

Price-To-Earnings

Trailing P/E Ratio19.21

Forward P/E Ratio13.62

P/E Growth5.7

Sales & Book Value

Annual SalesC$1.82 billion

Price / Sales2.08

Cash FlowC$0.05 per share

Price / Cash Flow266.89

Book ValueC$28.51 per share

Price / Book0.49

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Employees237

Outstanding Shares272,050,000

Market CapC$3.78 billion

Next Earnings Date7/29/2020 (Estimated)

OptionableNot Optionable

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Tourmaline Oil (TSE:TOU) Frequently Asked Questions

How has Tourmaline Oil's stock been impacted by COVID-19 (Coronavirus)?

Tourmaline Oil's stock was trading at C$9.63 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, TOU shares have increased by 44.2% and is now trading at C$13.89. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Tourmaline Oil?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tourmaline Oil in the last year. There are currently 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Tourmaline Oil.

When is Tourmaline Oil's next earnings date?

Tourmaline Oil is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for Tourmaline Oil.

How were Tourmaline Oil's earnings last quarter?

Tourmaline Oil Corp (TSE:TOU) posted its quarterly earnings results on Wednesday, May, 6th. The company reported $0.08 earnings per share for the quarter, missing the consensus estimate of $0.15 by $0.07. The firm had revenue of $669.64 million for the quarter, compared to analysts' expectations of $525 million. View Tourmaline Oil's earnings history.

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

Tourmaline Oil declared a quarterly dividend on Wednesday, March 4th. Investors of record on Monday, March 16th will be given a dividend of 0.12 per share on Tuesday, March 31st. This represents a $0.48 annualized dividend and a dividend yield of 3.46%. The ex-dividend date of this dividend is Friday, March 13th. View Tourmaline Oil's dividend history.

What price target have analysts set for TOU?

8 analysts have issued 1 year target prices for Tourmaline Oil's shares. Their forecasts range from C$16.00 to C$25.25. On average, they anticipate Tourmaline Oil's share price to reach C$19.08 in the next twelve months. This suggests a possible upside of 37.4% from the stock's current price. View analysts' price targets for Tourmaline Oil.

Has Tourmaline Oil been receiving favorable news coverage?

News stories about TOU stock have trended somewhat positive on Monday, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Tourmaline Oil earned a daily sentiment score of 1.4 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 3.0 out of 10, meaning that recent news coverage is unlikely to have an impact on the stock's share price in the next few days. View the latest news aboutTourmaline Oil.

Who are some of Tourmaline Oil's key competitors?

Some companies that are related to Tourmaline Oil include Santos (STO), Encana (ECA), Encana (OVV), Raging River Exploration (RRX), Seven Generations Energy (VII), Energean Oil & Gas (ENOG), Whitecap Resources (WCP), Canacol Energy (CNE), Diversified Gas & Oil (DGOC), Kosmos Energy (KOS), Freehold Royalties (FRU), Canacol Energy (CNNEF), Kina Petroleum (KPE), Peyto Exploration & Development (PEY) and Frontera Energy (FEC). View all competitors.

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), AutoCanada (ACQ), Alimentation Couche-Tard (ATD.B), Vermilion Energy (VET), Toronto-Dominion Bank (TD), Agnico Eagle Mines (AEM), AbbVie (ABBV) and Wheaton Precious Metals (WPM).

Who are Tourmaline Oil's key executives?

Tourmaline Oil's management team includes the following people:

Mr. Michael L. Rose, Chairman, Pres & CEO (Age 61)
Mr. Brian G. Robinson, VP of Fin., CFO & Director (Age 62)
Mr. Allan Joseph Bush, VP of Operations & COO
Mr. Drew E. Tumbach, VP of Land & Contracts (Age 60)
Mr. William Scott Kirker, Sec. & Gen. Counsel

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 and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade, and Charles Schwab.

What is Tourmaline Oil's stock price today?

One share of TOU stock can currently be purchased for approximately C$13.89.

How big of a company is Tourmaline Oil?

Tourmaline Oil has a market capitalization of C$3.78 billion and generates C$1.82 billion in revenue each year. Tourmaline Oil employs 237 workers across the globe.

What is Tourmaline Oil's official website?

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

How can I contact Tourmaline Oil?

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.

This page was last updated on 5/25/2020 by MarketBeat.com Staff