TSE:TOU

Tourmaline Oil Corp (TOU.TO)

60.16
+0.14 (0.23%)
as of Jun 26, 2026, 8:00:00 pm Market Open.
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Investor Insights
star iconJun 26, 2026, 12:00 am

This summary was created by AI, based on 60 opinions in the last 12 months.

Tourmaline Oil Corp (TOU-T) is recognized as Canada's largest natural gas producer, positioned strategically to benefit from growing LNG markets and rising energy demand. Analysts generally highlight strong management and commend the company's approach to capital allocation, focusing on infrastructure and future growth. Although the stock has experienced a range-bound performance, most experts believe that it holds significant upside potential with the improvement of natural gas prices anticipated in the coming years. The company provides a respectable dividend and special dividends, which reinforces its attractiveness as a long-term investment. Concerns around current nat gas prices and market volatility are present, but many experts advocate holding or accumulating shares, viewing the long-term prospects favorably.

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Consensus
Positive
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Valuation
Undervalued
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BUY ON WEAKNESS

Excellent long-term record and well-managed. Shares have stepped back, so it's a buying opportunity.

COMMENT

This would be his first choice if you wanted exposure to natural gas. The CEO is an amazing capital allocator and is buying back stock. Natural gas prices went way up with the invasion of Ukraine but are now lower than pre-war. The price of natural gas is mostly weather related.

HOLD

Great company. CEO's done a great job. Increasing price of nat gas led to strong results and share price. Now, nat gas has moved from $10 to $3, share price down. He took profits at stock highs. Hold and evaluate for further pullbacks, when he'd buy again.

BUY ON WEAKNESS
Concerned on price of natural gas and names associated with it (short term). Long term natural gas will be fine (base load supply). Best gas marketer in the business (has California exposure). 75 years of inventory. Dividend yield could be ~7.5-10%(base + special dividend). Waiting for gas to hit $0 and will buy shares.
BUY
Nat gas prices have come off significantly last 6 months. Undersupply is now closer to balance, plus ton of new production has come on in both Canada and US. Even at $3, companies like TOU are still getting good returns.
WATCH
Is driven by natural gas prices. TOU paid a special dividend. A good company. Nat gas performs September into December, but is weak from mid-December to mid-March. Shares are at a support level, which is good. It could rally a little earlier than seasonality. Wait and watch the spot price into February and especially in mid March. There's oversupply of nat gas now.
BUY
Very good company that owns shares in. World class management team led by founder Mike Rose. Very cheap valuation given financials. Special dividend yield and regular dividend yield safe. Good long term investment.
BUY
Advantageous for Canadian investors. TOU has paid special dividends, which provide a running yield of close to 10%. Decent valuation.
PAST TOP PICK
(A Top Pick Jul 15/22, Up 4%) Canada's biggest nat gas producer. Great balance sheet and managers. They're moving some gas to the Gulf Coast so they have LNG exposure. The transition from fossil fuels to renewables will take time, so he remains bullish on natural gas. TOU is best in class.
BUY
He sold it earlier in the year but likes it a lot. Is in a sideways trend near the top. He is starting to look at oil again and it looks like there will be a big rotation in commodities for years to come - a mega cycle.
BUY
With the special dividends, why not own? A timely question. Company feels they'll be debt-free very soon, returning 80% of cashflow to shareholders via dividends, special dividends, and buybacks. They believe they can make money with gas at even lower prices. He's impressed. Management doing a good job, good reserves. No reason not to buy.
HOLD
Great quality company. CEO's done a good job by picking up assets on the cheap during Covid. Nat gas prices keep increasing, so TOU has a ton of cashflow. Special dividend increases yield to 5-6%. Should do well as long as nat gas does.
Unspecified
The management team has done an excellent job. Mike Rose is still buying stock. It is mostly natural gas so is holding its own with oil downturns such as the one today.
TRADE
More money to be made in resource extraction businesses by trading, than owning long term. It's run up, so time to take some money off the table.
TOP PICK
Great success story. Canada's largest nat gas provider, so in a way it's a green oil/gas company. Great wealth generator for shareholders. Yield is 1.20%. (Analysts’ price target is $97.50)
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