TSE:TOU

Tourmaline Oil (TOU) Stock Price, News & Analysis

C$68.18
+1.96 (+2.96%)
(As of 04/25/2024 ET)
Today's Range
C$65.61
C$68.24
50-Day Range
C$56.43
C$67.71
52-Week Range
C$53.45
C$74.21
Volume
1.40 million shs
Average Volume
2.00 million shs
Market Capitalization
C$23.96 billion
P/E Ratio
13.55
Dividend Yield
1.76%
Price Target
C$78.08

Tourmaline Oil MarketRank™ Stock Analysis

Analyst Rating
Buy
3.08 Rating Score
Upside/​Downside
14.5% Upside
C$78.08 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.22mentions of Tourmaline Oil in the last 14 days
Based on 10 Articles This Week
Insider Trading
Acquiring Shares
C$795,961 Bought Last Quarter
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.

3.16 out of 5 stars

TOU stock logo

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.

TOU Stock Price History

TOU Stock News Headlines

“Retirement Secret” Showed 995% Gain Last Time We Shared It
Central Banks Buying Gold in Record Numbers Most folks have completely missed the fact that the world's Central Banks have been quietly gobbling up as much gold as they can… Stacking it in their locked vaults on pallets in record numbers.
Tourmaline Oil (TSE:TOU) Price Target Raised to C$77.51 at CIBC
“Retirement Secret” Showed 995% Gain Last Time We Shared It
Central Banks Buying Gold in Record Numbers Most folks have completely missed the fact that the world's Central Banks have been quietly gobbling up as much gold as they can… Stacking it in their locked vaults on pallets in record numbers.
Tourmaline Oil Corp TRMLF
See More Headlines
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Company Calendar

Last Earnings
3/06/2024
Ex-Dividend for 3/28 Dividend
3/14/2024
Dividend Payable
3/28/2024
Today
4/25/2024
Next Earnings (Estimated)
5/01/2024

Industry, Sector and Symbol

Sector
Energy
Industry
Oil & Gas E&P
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
389
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$78.08
High Stock Price Target
C$90.00
Low Stock Price Target
C$70.00
Potential Upside/Downside
+14.5%
Consensus Rating
Buy
Rating Score (0-4)
3.08
Research Coverage
12 Analysts

Profitability

Net Income
C$1.74 billion
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$4.84 billion
Cash Flow
C$0.24 per share
Book Value
C$39.89 per share

Miscellaneous

Free Float
N/A
Market Cap
C$23.96 billion
Optionable
Not Optionable
Beta
1.40
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Key Executives

  • Mr. Michael L. Rose P.Geol (Age 66)
    Chairman of the Board, President & CEO
    Comp: $4.67M
  • Mr. Brian G. Robinson (Age 67)
    CFO & Non-Independent Director
    Comp: $2.25M
  • 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

TOU Stock Analysis - Frequently Asked Questions

Should I buy or sell Tourmaline Oil stock right now?

12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Tourmaline Oil in the last year. There are currently 11 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities 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 target for 2024?

12 brokers have issued 12-month price targets 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 stock price to reach C$78.08 in the next twelve months. This suggests a possible upside of 14.5% 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 at the beginning of 2024. Since then, TOU shares have increased by 14.4% and is now trading at C$68.18.
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) issued its quarterly earnings results on Wednesday, March, 6th. The company reported $2.00 earnings per share for the quarter, topping the consensus estimate of $1.41 by $0.59. The company earned $1.66 billion during the quarter, compared to the consensus estimate 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 announced a quarterly dividend on Wednesday, March 6th. Investors of record on Friday, March 15th will be paid a dividend of 0.30 per share on Thursday, March 28th. This represents a $1.20 dividend on an annualized basis and a yield of 1.76%. The ex-dividend date 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?
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 4/26/2024 by MarketBeat.com Staff

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