TSE:TOU

Tourmaline Oil Corp (TOU.TO)

59.56
+0.42 (0.71%)
as of Aug 6, 2026, 8:00:00 pm Market Open.
836 watching
0
Investor Insights
star iconAug 6, 2026, 12:00 am

This summary was created by AI, based on 61 opinions in the last 12 months.

Tourmaline Oil Corp (TOU), Canada's largest natural gas producer, is currently experiencing mixed reviews from analysts. While many highlight its strong management, solid fundamentals, and the strategic advantages from the LNG Canada project, concerns about capex spending and low prices for natural gas in Western Canada remain pertinent. Analysts express a cautious optimism, noting the potential for future price appreciation as LNG capacities ramp up. The stock has shown a consistent trading range, suggesting it may be a suitable buy at lower points within this range, but there is skepticism regarding near-term performance. The general sentiment reflects a waiting game as many investors anticipate stronger natural gas prices and believe that TOU will eventually benefit from long-term structural shifts in the energy market.

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Consensus
Hold
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Valuation
Fair Value
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Similar
CNE, CNE
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)
PAST TOP PICK
(A Top Pick Sep 23/21, Up 80%) It is still trading above its 150 and 200 day moving averages. It consolidated successfully between 2014 and 2020. He has trimmed a bit but it is still a big holding
TOP PICK
Believes company has excellent management team that has decades of experience. Cash flow machine that is largest natural gas producer in Canada. Financial position is great (no debt, large cash flow). Have export agreement to ship natural gas to USA (get international pricing). Large insider ownership.
BUY
Excellent company with long reserve life. High special dividends that provide excellent returns. CEO has over $1 Billion is personal investment Expecting a 17% dividend yield next year.
PAST TOP PICK
(A Top Pick Sep 22/21, Up 123%) At 2.7x, still cheap relative to peers. Being added to TSX 60, a catalyst. Will benefit from global natural gas exposure. Can go higher.
BUY
Loves it. Fantastic management, which owns a lot of shares. Scores at the top on momentum. 29% ROE, 8x earnings. Paying down debt, buying back shares. Small yield, but small payout ratio.
BUY ON WEAKNESS
Excellently managed. Very well positioned. He's been watching it closely. Anticipates starting a position over the next few months, especially if there's a pullback. Trades at a premium, but you always pay more for quality. Good long term.
BUY
Buy for long-term growth for the next couple of years, unless you want the dividend that TPZ provides. Both should do well. He owns CNQ and WCP instead.
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