Tourmaline Oil Corp. (TSE:TOU) Given Average Recommendation of “Buy” by Analysts

Shares of Tourmaline Oil Corp. (TSE:TOUGet Free Report) have been given a consensus rating of “Buy” by the nine ratings firms that are currently covering the firm, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and two have given a strong buy rating to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is C$70.78.

TOU has been the topic of several analyst reports. Royal Bank Of Canada dropped their target price on Tourmaline Oil from C$76.00 to C$72.00 and set an “outperform” rating on the stock in a report on Friday. Scotiabank lowered their price target on Tourmaline Oil from C$80.00 to C$75.00 and set an “outperform” rating for the company in a research report on Wednesday, January 21st. Desjardins upped 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 research note on Monday, January 26th. Canadian Imperial Bank of Commerce dropped their price target on shares of Tourmaline Oil from C$71.00 to C$66.00 in a research note on Tuesday, January 13th. Finally, Raymond James Financial increased their price objective on shares of Tourmaline Oil from C$69.00 to C$72.00 in a research report on Thursday.

Get Our Latest Analysis on Tourmaline Oil

Tourmaline Oil Price Performance

TOU 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. The firm has a 50 day moving average price of C$61.74 and a 200-day moving average price of C$61.24. Tourmaline Oil has a 52-week low of C$55.40 and a 52-week high of C$70.73. The firm has a market capitalization of C$24.52 billion, a price-to-earnings ratio of 18.11, a PEG ratio of 1.72 and a beta of 0.00.

Tourmaline Oil (TSE:TOUGet Free Report) 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 company had revenue of C$1.66 billion during the quarter. Equities research analysts forecast that Tourmaline Oil will post 5.6809091 EPS for the current fiscal year.

Tourmaline Oil Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Wednesday, December 31st were issued a dividend of $0.50 per share. The ex-dividend date was Monday, December 15th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.2%. Tourmaline Oil’s dividend payout ratio is presently 52.86%.

Key Stories 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

Insider Buying and Selling at Tourmaline Oil

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

Tourmaline Oil Company Profile

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Tourmaline Oil (TSE:TOU)

Receive News & Ratings for Tourmaline Oil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tourmaline Oil and related companies with MarketBeat.com's FREE daily email newsletter.