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S&P 500   3,941.26
DOW   33,596.34
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Franchising Could Be the Secret to Reaping the Rewards of a Down Economy. Here Are 5 Reasons Why.
Potential Gold Rush For Investors Sparked By USA Vs. China Trade War (Ad)
3 Big Box Retail Bets for the Holidays
How Long Does it Take to Become a Profitable Trader?
Potential Gold Rush For Investors Sparked By USA Vs. China Trade War (Ad)
Biden visits Arizona computer chip site, highlights jobs
Is Autozone Ready To Rally For Another Profitable Lap?
Potential Gold Rush For Investors Sparked By USA Vs. China Trade War (Ad)
Trump Org. jury seeks clarity as deliberations continue
Biden to visit Arizona computer chip site, highlight jobs
S&P 500   3,941.26
DOW   33,596.34
QQQ   281.68
Franchising Could Be the Secret to Reaping the Rewards of a Down Economy. Here Are 5 Reasons Why.
Potential Gold Rush For Investors Sparked By USA Vs. China Trade War (Ad)
3 Big Box Retail Bets for the Holidays
How Long Does it Take to Become a Profitable Trader?
Potential Gold Rush For Investors Sparked By USA Vs. China Trade War (Ad)
Biden visits Arizona computer chip site, highlights jobs
Is Autozone Ready To Rally For Another Profitable Lap?
Potential Gold Rush For Investors Sparked By USA Vs. China Trade War (Ad)
Trump Org. jury seeks clarity as deliberations continue
Biden to visit Arizona computer chip site, highlight jobs
S&P 500   3,941.26
DOW   33,596.34
QQQ   281.68
Franchising Could Be the Secret to Reaping the Rewards of a Down Economy. Here Are 5 Reasons Why.
Potential Gold Rush For Investors Sparked By USA Vs. China Trade War (Ad)
3 Big Box Retail Bets for the Holidays
How Long Does it Take to Become a Profitable Trader?
Potential Gold Rush For Investors Sparked By USA Vs. China Trade War (Ad)
Biden visits Arizona computer chip site, highlights jobs
Is Autozone Ready To Rally For Another Profitable Lap?
Potential Gold Rush For Investors Sparked By USA Vs. China Trade War (Ad)
Trump Org. jury seeks clarity as deliberations continue
Biden to visit Arizona computer chip site, highlight jobs
TSE:TOU

Tourmaline Oil - TOU Stock Forecast, Price & News

C$74.43
-3.39 (-4.36%)
(As of 12/6/2022 12:00 AM ET)
Add
Compare
Today's Range
C$74.29
C$78.37
50-Day Range
C$68.95
C$82.27
52-Week Range
C$38.10
C$84.33
Volume
2.90 million shs
Average Volume
2.02 million shs
Market Capitalization
C$25.16 billion
P/E Ratio
4.57
Dividend Yield
1.29%
Price Target
C$91.55

Tourmaline Oil MarketRank™ Forecast

Analyst Rating
Buy
3.20 Rating Score
Upside/​Downside
23.0% Upside
C$91.55 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.96mentions of Tourmaline Oil in the last 14 days
Based on 3 Articles This Week
Insider Trading
Acquiring Shares
C$762,297 Bought Last Quarter
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.

2.12 out of 5 stars

TOU stock logo

About Tourmaline Oil (TSE:TOU) Stock

Tourmaline Oil Corp. acquires, explores for, develops, and produces 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.

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TOU Stock News Headlines

Tourmaline Oil: Sit Back, Relax, And Count The Money
These TSX Stocks Have Plenty of Room to Run
Tourmaline Oil Corp. (TOU.TO)
3 Top TSX Stocks to Watch in October 2022
TRMLF Tourmaline Oil Corp.
TSX Extends Gains To 4th Straight Session, Rises More Than 1%
See More Headlines
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TOU Company Calendar

Ex-Dividend for 9/29 Dividend
9/14/2022
Dividend Payable
9/29/2022
Today
12/07/2022
Ex-Dividend for 12/30 Dividend
12/14/2022
Dividend Payable
12/30/2022
Next Earnings (Estimated)
3/01/2023

Industry, Sector and Symbol

Industry
Oil & Gas E & P
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
322
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
C$91.55
High Stock Price Forecast
C$117.00
Low Stock Price Forecast
C$56.00
Forecasted Upside/Downside
+23.0%
Consensus Rating
Buy
Rating Score (0-4)
3.20
Research Coverage
5 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$6.99 billion
Cash Flow
C$0.25 per share
Book Value
C$42.97 per share

Miscellaneous

Free Float
N/A
Market Cap
C$25.16 billion
Optionable
Not Optionable
Beta
N/A

Key Executives

  • Mr. Michael L. Rose P.Geol (Age 64)
    Chairman, Pres & CEO
    Comp: $5.16M
  • Mr. Brian G. Robinson (Age 65)
    VP of Fin., CFO & Non-Independent Director
    Comp: $2.25M
  • Mr. Allan Joseph Bush
    Chief Operating Officer
  • Ms. Sherra Aspin
    VP of Marketing
  • Mr. William Scott Kirker
    Chief Legal Officer & External Affairs
  • Mr. Colin Joel Frostad
    VP of Exploration
  • 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?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Tourmaline Oil in the last twelve months. There are currently 4 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street 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?

5 brokerages have issued 12 month price objectives for Tourmaline Oil's shares. Their TOU share price forecasts range from C$56.00 to C$117.00. On average, they anticipate the company's stock price to reach C$91.55 in the next year. This suggests a possible upside of 23.0% 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 2022?

Tourmaline Oil's stock was trading at C$40.84 at the beginning of the year. Since then, TOU stock has increased by 82.2% and is now trading at C$74.43.
View the best growth stocks for 2022 here
.

When is Tourmaline Oil's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 1st 2023.
View our TOU earnings forecast
.

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

Tourmaline Oil declared a quarterly dividend on Wednesday, December 14th. Shareholders of record on Friday, December 30th will be paid a dividend of 0.25 per share on Friday, December 30th. This represents a $1.00 dividend on an annualized basis and a yield of 1.34%. The ex-dividend date is Wednesday, December 14th. This is a positive change from the stock's previous quarterly dividend of C$0.23.
Read our dividend analysis for TOU
.

Is Tourmaline Oil a good dividend stock?

Tourmaline Oil (TSE:TOU) pays an annual dividend of C$0.83 per share and currently has a dividend yield of 1.29%. The dividend payout ratio is 5.10%. 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$74.43.

How much money does Tourmaline Oil make?

Tourmaline Oil (TSE:TOU) has a market capitalization of C$25.16 billion and generates C$6.99 billion in revenue each year.

How many employees does Tourmaline Oil have?

The company employs 322 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 12/7/2022 by MarketBeat.com Staff