ATB Cormark Capital Markets Has Lowered Expectations for Tourmaline Oil (TSE:TOU) Stock Price

Tourmaline Oil (TSE:TOU) had its price objective dropped by research analysts at ATB Cormark Capital Markets from C$74.00 to C$73.00 in a research report issued to clients and investors on Friday,BayStreet.CA reports. The brokerage presently has an “outperform” rating on the stock. ATB Cormark Capital Markets’ target price points to a potential upside of 15.20% from the stock’s previous close.

Several other equities research analysts have also recently weighed in on the company. Jefferies Financial Group dropped their target price on Tourmaline Oil from C$72.00 to C$70.00 in a report on Tuesday, January 20th. Desjardins boosted their price objective on Tourmaline Oil from C$68.00 to C$70.00 and gave the company a “buy” rating in a research report on Monday, January 26th. Raymond James Financial raised their target price on shares of Tourmaline Oil from C$69.00 to C$72.00 in a report on Thursday. Canadian Imperial Bank of Commerce decreased their target price on shares of Tourmaline Oil from C$71.00 to C$66.00 in a research note on Tuesday, January 13th. Finally, Scotiabank lowered their price target 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. Two investment analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Tourmaline Oil presently has an average rating of “Buy” and an average target price of C$70.78.

Tourmaline Oil Price Performance

Shares of Tourmaline Oil stock opened at C$63.37 on Friday. The company has a debt-to-equity ratio of 12.25, a quick ratio of 0.47 and a current ratio of 0.83. Tourmaline Oil has a 52-week low of C$55.40 and a 52-week high of C$70.73. The company has a fifty day moving average of C$61.74 and a 200-day moving average of C$61.24. The stock has a market capitalization of C$24.52 billion, a price-to-earnings ratio of 18.11, a price-to-earnings-growth ratio of 1.72 and a beta of 0.00.

Tourmaline Oil (TSE:TOU) last posted its quarterly earnings results on Wednesday, March 4th. The company reported C($1.72) earnings per share for the quarter. Tourmaline Oil had a return on equity of 1.65% and a net margin of 5.03%.The business had revenue of C$1.66 billion during the quarter. Equities research analysts expect that Tourmaline Oil will post 5.6809091 EPS for the current year.

Insider Activity

In other Tourmaline Oil news, insider Mike Rose bought 10,000 shares of the firm’s stock in a transaction that occurred on Monday, February 2nd. The stock was bought at an average price of C$62.21 per share, for a total transaction of C$622,100.00. Following the completion of the acquisition, the insider directly owned 8,042,678 shares in the company, valued at C$500,334,998.38. The trade was a 0.12% increase in their ownership of the stock. Company insiders own 5.13% of the company’s stock.

Key Headlines Impacting Tourmaline Oil

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

About Tourmaline Oil

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.