Tourmaline Oil (TSE:TOU – Get Free Report) had its price objective dropped by analysts at Royal Bank Of Canada from C$76.00 to C$72.00 in a research report issued on Friday,BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. Royal Bank Of Canada’s price objective indicates a potential upside of 13.62% from the company’s current price.
A number of other equities analysts also recently issued reports on the stock. Canadian Imperial Bank of Commerce cut their price objective on shares of Tourmaline Oil from C$71.00 to C$66.00 in a report on Tuesday, January 13th. Scotiabank lowered their target price on shares of Tourmaline Oil from C$80.00 to C$75.00 and set an “outperform” rating for the company in a report on Wednesday, January 21st. Jefferies Financial Group dropped their price target on shares of Tourmaline Oil from C$72.00 to C$70.00 in a research report on Tuesday, January 20th. Desjardins boosted their price target on shares of Tourmaline Oil from C$68.00 to C$70.00 and gave the stock a “buy” rating in a report on Monday, January 26th. Finally, ATB Cormark Capital Markets reduced their price objective on shares of Tourmaline Oil from C$74.00 to C$73.00 and set an “outperform” rating for the company in a research report on Friday. Two investment analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of C$70.78.
Get Our Latest Research Report on Tourmaline Oil
Tourmaline Oil Stock Up 2.4%
Tourmaline Oil (TSE:TOU – Get Free Report) last announced its earnings results on Wednesday, March 4th. The company reported C($1.72) earnings per share (EPS) for the quarter. Tourmaline Oil had a net margin of 5.03% and a return on equity of 1.65%. The company had revenue of C$1.66 billion for the quarter. Sell-side analysts expect that Tourmaline Oil will post 5.6809091 EPS for the current fiscal year.
Insider Activity at Tourmaline Oil
In related news, insider Mike Rose purchased 10,000 shares of the business’s stock in a transaction that occurred on Monday, February 2nd. The shares were bought at an average cost of C$62.21 per share, with a total value of C$622,100.00. Following the acquisition, the insider owned 8,042,678 shares of the company’s stock, valued at C$500,334,998.38. This represents a 0.12% increase in their ownership of the stock. 5.13% of the stock is owned by insiders.
More Tourmaline Oil News
Here are the key news stories impacting Tourmaline Oil this week:
- Positive Sentiment: Company reported record Q4 production and added 829 million boe of 2P reserves while cutting 2026 exploration & production capex — a combination that supports cash generation and shareholder returns. TOURMALINE ACHIEVES RECORD PRODUCTION…
- Positive Sentiment: Tourmaline is deepening LNG ties while keeping a shareholder focus — increases exposure to higher global gas/LNG pricing and potential premium realizations. Tourmaline: Solid Q4/25 Execution…
- Positive Sentiment: Coverage noting higher production and a surge in LNG prices supports near-term revenue upside and market re-rating potential. Investor Outlook: Tourmaline production rises…
- Positive Sentiment: Raymond James raised its price target from C$69 to C$72, signaling some analysts see additional upside from current levels. BayStreet.CA
- Positive Sentiment: Sale of Alberta natural gas assets for $765M boosts liquidity and can be used to pay down debt or fund higher-return projects — a balance-sheet positive. Calgary-based Tourmaline sells Alberta natural gas assets…
- Neutral Sentiment: Q4 results: higher revenue and record production but mixed net income/EPS metrics — operational strength offset by lower net income. Investors will focus on margin drivers and guidance. Tourmaline Oil Corp (TRMLF) Q4 2025 Earnings Call Highlights
- Neutral Sentiment: Valuation analysis post-2025 shows higher revenue but lower net income — useful context but not an immediate price driver. A Look At Tourmaline Oil’s Valuation After 2025 Results…
- Neutral Sentiment: TD Cowen maintained a Hold with a C$65 target — shows some analysts see balanced risk/reward after capex reductions and asset-sale outcomes. Balanced Risk‑Reward Keeps Tourmaline Oil at Hold…
- Negative Sentiment: Royal Bank of Canada cut its price target from C$76 to C$72 (still Outperform) — the downgrade trims upside expectations and may cap upside near-term. BayStreet.CA
- Negative Sentiment: ATB Cormark trimmed its target from C$74 to C$73 while keeping an Outperform — another analyst pull-back on upside that can weigh on sentiment. BayStreet.CA
Tourmaline Oil Company Profile
Tourmaline is Canada’s largest and most active natural gas producer dedicated to producing the lowest-development-cost natural gas in North America. We are an investment grade exploration and production company providing strong and predictable operating and financial performance through the development of our three core areas in the Western Canadian Sedimentary Basin. With our existing large reserve base, decades-long drilling inventory, relentless focus on execution, cost management, safety and environmental performance improvement, we are excited to provide shareholders an excellent return on capital and an attractive source of income through our base dividend and surplus free cash flow distribution strategies.
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