Should I buy or sell Tourmaline Oil stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Tourmaline Oil in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research 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 equities research analysts have issued 1 year price objectives for Tourmaline Oil's stock. Their TRMLF share price targets range from $25.00 to $38.75. On average, they predict the company's share price to reach $33.19 in the next twelve months. This suggests that the stock has a possible downside of 28.8%. 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 shares have increased by 3.5% and is now trading at $46.62. View the best growth stocks for 2024 here .

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 for the quarter. The company earned $1.22 billion during the quarter. Tourmaline Oil had a net margin of 29.60% and a trailing twelve-month return on equity of 12.96%.

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

Tourmaline Oil announced a dividend on Saturday, March 9th. Investors 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 of this dividend 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 1.55%. 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 .

OTCMKTS:TRMLF

Tourmaline Oil (TRMLF) Stock Price, News & Analysis

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$46.62

-0.88 (-1.85%)

(As of 04/18/2024 ET)

Compare

Today's Range: $46.41
▼
$47.50
50-Day Range: $39.90
▼
$49.06
52-Week Range: $39.39
▼
$53.91

Volume: 6,987 shs
Average Volume: 20,827 shs
Market Capitalization: $16.39 billion

P/E Ratio: 12.53
Dividend Yield: 1.59%
Price Target: $33.19

Stock Analysis Analyst Forecasts Chart Dividend Earnings Headlines Short Interest

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Tourmaline Oil MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 28.8% Downside
$33.19 Price Target
Short Interest: Healthy
1.78% 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.

0.61 out of 5 stars

1.5

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 1 buy rating, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Tourmaline Oil has received no research coverage in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
1.78% of the outstanding shares of Tourmaline Oil have been sold short.
Short Interest Ratio / Days to Cover
Tourmaline Oil has a short interest ratio ("days to cover") of 243.2, which indicates bearish sentiment.
Change versus previous month
Short interest in Tourmaline Oil has recently decreased by 5.09%, indicating that investor sentiment is improving significantly.

1.7

Dividend Strength

Dividend Yield
Tourmaline Oil pays a meaningful dividend of 1.55%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Tourmaline Oil does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Tourmaline Oil is 19.89%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for TRMLF.

N/A

News and Social Media Coverage

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Tourmaline Oil insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 1.76% of the stock of Tourmaline Oil is held by institutions.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Tourmaline Oil is 12.53, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.62.
Price to Earnings Ratio vs. Sector
The P/E ratio of Tourmaline Oil is 12.53, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 18.07.
Price to Book Value per Share Ratio
Tourmaline Oil has a P/B Ratio of 1.58. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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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

30 days | 90 days | 365 days | Advanced Chart

TRMLF Stock News Headlines

March 28, 2024 | finance.yahoo.com

Is Tourmaline Oil Corp.'s (TSE:TOU) Latest Stock Performance Being Led By Its Strong Fundamentals?

March 21, 2024 | markets.businessinsider.com

Maintaining Buy Rating on Tourmaline Bio Amid Strong Clinical Progress and Financial Stability

April 19, 2024 | Gold Safe Exchange (Ad)

The “Perfect Storm” for Gold

Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

March 6, 2024 | finance.yahoo.com

How To Profit From Europe’s $800 Billion Energy Crisis

March 5, 2024 | markets.businessinsider.com

Here's what to expect from Tourmaline Oil's earnings

February 12, 2024 | finance.yahoo.com

Investing in Tourmaline Oil (TSE:TOU) five years ago would have delivered you a 279% gain

February 1, 2024 | finance.yahoo.com

Tourmaline Oil Corp. (TRMLF)

January 25, 2024 | markets.businessinsider.com

Tourmaline Bio Announces Pricing Of 4.61 Mln Public Offering

April 19, 2024 | Gold Safe Exchange (Ad)

The “Perfect Storm” for Gold

Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

January 16, 2024 | finance.yahoo.com

An Intrinsic Calculation For Tourmaline Oil Corp. (TSE:TOU) Suggests It's 40% Undervalued

January 15, 2024 | finance.yahoo.com

TOURMALINE PROVIDES EP ACTIVITY UPDATE AND ANNOUNCES TWO ADDITIONAL LNG AGREEMENTS

January 15, 2024 | seekingalpha.com

Topaz Energy: Significant Growth Potential

January 12, 2024 | seekingalpha.com

Tourmaline Oil: A Must Have Low-Cost Natural Gas Producer Paying Special Dividends

January 11, 2024 | markets.businessinsider.com

Buy Rating Affirmed for Tourmaline Bio Based on TOUR006’s Promising Clinical Advances and Market Potential

December 15, 2023 | markets.businessinsider.com

Analysts’ Top Healthcare Picks: R1 RCM (RCM), Tourmaline Bio (TRML)

December 14, 2023 | markets.businessinsider.com

Tourmaline Bio Appoints Dr. Clay Siegall as Chairman of the Board

November 17, 2023 | finance.yahoo.com

TOURMALINE ANNOUNCES CLOSING OF BONAVISTA ACQUISITION

November 1, 2023 | finance.yahoo.com

TOURMALINE DELIVERS STRONG FREE CASH FLOW IN THE THIRD QUARTER, UPDATES FIVE YEAR EP PLAN WITH SIGNIFICANTLY INCREASED FREE CASH FLOW

October 27, 2023 | msn.com

Tourmaline Oil: One Of The Best Natural Gas Companies Out There

October 24, 2023 | wsj.com

Tourmaline Bio Inc.

October 23, 2023 | finance.yahoo.com

Tourmaline Oil Corp's Dividend Analysis

October 17, 2023 | msn.com

Tourmaline Oil signs $1.06bn deal to acquire Bonavista Energy

October 16, 2023 | markets.businessinsider.com

Tourmaline Oil (TOU) Gets a Buy Rating from BMO Capital

October 16, 2023 | msn.com

Tourmaline Oil to buy Bonavista Energy for $1.06 billion

October 16, 2023 | msn.com

Tourmaline cements position in Deep Basin with $1 billion Bonavista deal

October 16, 2023 | bloomberg.com

Tourmaline to Buy Bonavista for $1.1 Billion, Raising Gas Output

October 16, 2023 | finance.yahoo.com

TOURMALINE CONTINUES DEEP BASIN CONSOLIDATION STRATEGY WITH THE ACQUISITION OF BONAVISTA ENERGY CORPORATION, INCREASES BASE DIVIDEND AND DECLARES SPECIAL DIVIDEND

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
Dividend Payable: 3/28/2024
Today: 4/19/2024
Fiscal Year End: 12/31/2024

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Industry, Sector and Symbol

Stock Exchange: OTCMKTS
Sector: Oils/Energy
Industry: N/A
Sub-Industry: N/A
Current Symbol: OTCMKTS:TRMLF
CUSIP: N/A
CIK: N/A
Web: www.tourmalineoil.com
Phone: (403) 266-5992
Fax: N/A
Employees: 389
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $33.19
High Stock Price Target: $38.75
Low Stock Price Target: $25.00
Potential Upside/Downside: -28.8%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): $3.72
Trailing P/E Ratio: 12.53
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $1.29 billion
Net Margins: 29.60%
Pretax Margin: 39.36%
Return on Equity: 12.96%
Return on Assets: 9.40%

Debt

Debt-to-Equity Ratio: 0.08
Current Ratio: 0.81
Quick Ratio: 0.81

Sales & Book Value

Annual Sales: $4.97 billion
Price / Sales: 3.30
Cash Flow: $6.29 per share
Price / Cash Flow: 7.41
Book Value: $29.55 per share
Price / Book: 1.58

Miscellaneous

Outstanding Shares: 351,550,000
Free Float: N/A
Market Cap: $16.39 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: $3.44M
Mr. Brian G. Robinson (Age 67)
CFO & Non-Independent Director
Comp: $1.66M
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

Key Competitors

View All Competitors

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

Pros

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

Tourmaline Oil Corp. recently completed the acquisition of Bonavista Energy Corporation, expanding its asset base and production capacity significantly.
The acquisition is expected to boost Tourmaline's production to over 600,000 boepd, indicating potential revenue growth.
With the acquisition, Tourmaline diversified its portfolio, potentially reducing risk exposure to specific regions or assets.
The current stock price of Tourmaline Oil Corp. reflects positive market sentiment and growth prospects.
Tourmaline's strategic focus on the Western Canadian Sedimentary Basin provides stability and growth opportunities in a resource-rich region.

Cons

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

Oil and gas investments can be volatile due to fluctuations in commodity prices, impacting Tourmaline's revenue and profitability.
The energy sector is subject to regulatory changes and environmental concerns, potentially affecting Tourmaline's operations and costs.
Market conditions and geopolitical factors can influence the demand for oil and gas, impacting Tourmaline's financial performance.
Investing in oil and gas companies like Tourmaline carries inherent risks related to exploration, production, and market dynamics.
Tourmaline's financial performance may be influenced by macroeconomic factors such as interest rates and global economic conditions.

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, April 12, 2024. Please send any questions or comments about these Tourmaline Oil pros and cons to contact@marketbeat.com.

TRMLF Stock Analysis - Frequently Asked Questions

Should I buy or sell Tourmaline Oil stock right now?: 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Tourmaline Oil in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research 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 equities research analysts have issued 1 year price objectives for Tourmaline Oil's stock. Their TRMLF share price targets range from $25.00 to $38.75. On average, they predict the company's share price to reach $33.19 in the next twelve months. This suggests that the stock has a possible downside of 28.8%.
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 shares have increased by 3.5% and is now trading at $46.62.
View the best growth stocks for 2024 here.
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 for the quarter. The company earned $1.22 billion during the quarter. Tourmaline Oil had a net margin of 29.60% and a trailing twelve-month return on equity of 12.96%.

How often does Tourmaline Oil pay dividends? What is the dividend yield for Tourmaline Oil?: Tourmaline Oil announced a dividend on Saturday, March 9th. Investors 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 of this dividend 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 1.55%. 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 4/19/2024 by MarketBeat.com Staff

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Tourmaline Oil (TRMLF) Stock Price, News & Analysis

Tourmaline Oil MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

Company Ownership

Earnings and Valuation

About Tourmaline Oil Stock (OTCMKTS:TRMLF)

TRMLF Stock Price History

TRMLF Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

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

Pros

Cons

TRMLF Stock Analysis - Frequently Asked Questions

Overall MarketRank^™