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S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
OTCMKTS:TRMLF

Tourmaline Oil (TRMLF) Stock Price, News & Analysis

$46.80
+0.96 (+2.09%)
(As of 03/28/2024 ET)
Today's Range
$45.70
$46.97
50-Day Range
$39.90
$46.58
52-Week Range
$39.39
$53.91
Volume
24,313 shs
Average Volume
53,430 shs
Market Capitalization
$16.44 billion
P/E Ratio
12.58
Dividend Yield
1.58%
Price Target
$34.75

Tourmaline Oil MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
25.7% Downside
$34.75 Price Target
Short Interest
Bearish
1.88% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
N/A

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.

0.58 out of 5 stars

TRMLF stock logo

About Tourmaline Oil Stock (OTCMKTS:TRMLF)

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.

TRMLF Stock Price History

TRMLF Stock News Headlines

Trump’s “Tax Free” Retirement Strategy
Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.
Here's what to expect from Tourmaline Oil's earnings
Tourmaline Oil Corp. (TRMLF)
Tourmaline Bio Announces Pricing Of 4.61 Mln Public Offering
Trump’s “Tax Free” Retirement Strategy
Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.
Topaz Energy: Significant Growth Potential
Analysts’ Top Healthcare Picks: R1 RCM (RCM), Tourmaline Bio (TRML)
Tourmaline Bio Appoints Dr. Clay Siegall as Chairman of the Board
TOURMALINE ANNOUNCES CLOSING OF BONAVISTA ACQUISITION
Tourmaline Bio Inc.
Tourmaline Oil Corp's Dividend Analysis
Tourmaline Oil (TOU) Gets a Buy Rating from BMO Capital
See More Headlines
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Company Calendar

Last Earnings
3/06/2024
Ex-Dividend for 3/21 Dividend
3/13/2024
Ex-Dividend for 3/28 Dividend
3/14/2024
Dividend Payable
3/21/2024
Today
3/28/2024
Dividend Payable
3/28/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
N/A
Sub-Industry
N/A
Current Symbol
OTCMKTS:TRMLF
CIK
N/A
Fax
N/A
Employees
360
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$34.75
High Stock Price Target
$41.00
Low Stock Price Target
$25.00
Potential Upside/Downside
-24.2%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$1.29 billion
Pretax Margin
39.36%

Debt

Sales & Book Value

Annual Sales
$4.97 billion
Cash Flow
$6.58 per share

Miscellaneous

Free Float
N/A
Market Cap
$16.11 billion
Optionable
Not Optionable
Beta
N/A
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Key Executives

  • Mr. Michael L. Rose P.Geol (Age 66)
    Chairman of the Board, President & CEO
    Comp: $3.47M
  • Mr. Brian G. Robinson (Age 67)
    CFO & Non-Independent Director
    Comp: $1.67M
  • Mr. Earl Henry McKinnon
    Chief Operating Officer
  • Ms. Sherra Aspin
    Vice President of Marketing
  • Mr. Colin Joel Frostad
    Vice President of Exploration
  • Mr. William Scott Kirker
    Chief Legal Officer & External Affairs
  • Ms. Katie Beck
    General Counsel & Corporate Secretary

Should I Buy Tourmaline Oil Stock? TRMLF Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Tourmaline Oil was last updated on Monday, March 25, 2024 at 11:59 PM.

Pros

Here are some ways that investors could benefit from investing in Tourmaline Oil Corp.:

  • Recent developments in the Alberta Deep Basin properties show promising reserves growth potential, indicating future profitability.
  • The company's strategic focus on the Northeast British Columbia Montney region, known for its rich gas resources, offers long-term growth opportunities.
  • Tourmaline Oil Corp.'s strong financial performance, with a healthy balance sheet and consistent revenue growth, provides stability for investors.
  • Current stock price of Tourmaline Oil Corp. is undervalued compared to its industry peers, presenting a potential buying opportunity.
  • The company's commitment to technological innovation and operational efficiency enhances its competitive edge in the market.

Cons

Investors should be bearish about investing in Tourmaline Oil Corp. for these reasons:

  • The volatility of oil and gas prices in the market can significantly impact the company's financial performance and stock value.
  • Regulatory changes or environmental concerns related to oil and gas exploration could pose risks to Tourmaline Oil Corp.'s operations.
  • Dependence on the Western Canadian Sedimentary Basin exposes the company to regional market fluctuations and geopolitical risks.
  • Market competition and industry consolidation may affect Tourmaline Oil Corp.'s market share and profitability in the long run.
  • Fluctuations in global energy demand and geopolitical tensions could influence the company's revenue streams and growth prospects.

TRMLF Stock Analysis - Frequently Asked Questions

Should I buy or sell Tourmaline Oil stock right now?

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

What is Tourmaline Oil's stock price target for 2024?

1 brokerages have issued twelve-month target prices for Tourmaline Oil's shares. Their TRMLF share price targets range from $25.00 to $41.00. On average, they expect the company's stock price to reach $34.75 in the next year. This suggests that the stock has a possible downside of 25.7%.
View analysts price targets for TRMLF
or view top-rated stocks among Wall Street analysts.

How have TRMLF shares performed in 2024?

Tourmaline Oil's stock was trading at $45.06 at the beginning of 2024. Since then, TRMLF stock has increased by 3.9% and is now trading at $46.8001.
View the best growth stocks for 2024 here
.

Are investors shorting Tourmaline Oil?

Tourmaline Oil saw a decline in short interest in February. As of February 15th, there was short interest totaling 11,945,700 shares, a decline of 43.4% from the January 31st total of 21,113,900 shares. Based on an average daily trading volume, of 50,000 shares, the days-to-cover ratio is currently 238.9 days.
View Tourmaline Oil's Short Interest
.

How were Tourmaline Oil's earnings last quarter?

Tourmaline Oil Corp. (OTCMKTS:TRMLF) announced its quarterly earnings data on Wednesday, March, 6th. The company reported $1.47 earnings per share (EPS) for the quarter. The business had revenue of $1.22 billion for the quarter. Tourmaline Oil had a trailing twelve-month return on equity of 12.96% and a net margin of 29.60%.

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

Tourmaline Oil announced a dividend on Saturday, March 9th. Shareholders of record on Friday, March 15th will be given a dividend of $0.222 per share on Thursday, March 28th. This represents a yield of 1.92%. The ex-dividend date is Thursday, March 14th.
Read our dividend analysis for TRMLF
.

Is Tourmaline Oil a good dividend stock?

Tourmaline Oil (OTCMKTS:TRMLF) pays an annual dividend of $0.74 per share and currently has a dividend yield of 1.65%. The dividend payout ratio is 19.89%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for TRMLF.

How do I buy shares of Tourmaline Oil?

Shares of TRMLF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (OTCMKTS:TRMLF) was last updated on 3/28/2024 by MarketBeat.com Staff

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