TSE:TOU

Tourmaline Oil Corp (TOU.TO)

63.73
-1.69 (2.58%)
as of Jun 5, 2026, 8:00:00 pm Market Open.
831 watching
0
Investor Insights
star iconJun 6, 2026, 12:00 am

This summary was created by AI, based on 58 opinions in the last 12 months.

Tourmaline Oil Corp (TOU) is recognized as Canada’s largest natural gas producer, reflecting strong management and significant capital discipline. Experts express optimism regarding TOU’s strategic positioning, particularly as it expands access to Asian markets through LNG exports. However, there is consensus that the stock has been performing sideways amid heavy capital expenditures and fluctuating natural gas prices. While some analysts believe its long-term fundamentals remain sound, many suggest a cautious approach, with price targets hovering around $70-$76. Overall, the sentiment is mixed, with an inclination toward potential growth once natural gas demand tightens and infrastructure projects bear fruit.

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Consensus
Hold
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Valuation
Undervalued
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Agnc
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.
HOLD
Great operator. Spinning off a lot of cash. Always a good balance sheet. Levered to nat gas. Most Canadian companies can't benefit from the price increase in Europe, as we can't get to market. No long-term fundamental shortage of gas in Canada, and this is problematic.
TOP PICK
Best oil & gas environment has seen in decades. Not concerned that stock is over bought. Quality company that will continue to preform. Free cash flow & earnings continue to grow. Expecting continued growth in energy prices (oil & natural gas). One of largest holdings in portfolio. Trading at 5x cash flow with double digit cash flow growth. Base dividend yield + dividend yield = ~10% yield.
WEAK BUY
TOU vs. ARX Both terrific. Nat gas is a great place to be. LNG is a real thing, the world needs our energy. ARX has 20% cashflow per share growth, 8% production growth, very clean balance sheet, a bit cheaper relative to peers, 50-80% free cashflow. TOU is a pure play. If oil and nat gas prices can hold, both names are compelling. Use the charts to buy them. ARX is a bit more attractive right now.
BUY
They want to get their stock price up. The group has been really cheap, following the direction of the commodity rather than the fundamentals. 3.6x, in line with peers, but 1/3 of where it was at the top in 2013-14. Excellent balance sheet. 17% cashflow per share growth. $106 price target. Special dividend and a lot more to come.
TOP PICK
Price of natural gas is providing excellent source of cash flow. Could rise higher given conflict in Ukraine. Believes company is extremely well managed. Run the business like owners with skin in the game. Special dividends and regular dividend sums up to ~5%. Very positive outlook for the company.
PAST TOP PICK
(A Top Pick Apr 08/22, Up 8%) Best nat gas name in Canada. Production will grow about 10% this year. Net cash on balance sheet. Huge amount of cashflow at these prices. Special dividends, buybacks. Core holding. Run very well. Good medium- to long-term investment.
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Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Mar 15/22, Up 42.6%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with TOU triggered its stop at $69.50. To remain disciplined, we recommend covering the position at this time. This will result in a net investment gain of 58%, when combined with previous buy recommendations.
SELL
Selling shares as believes it is a good time to take money off the energy table. Worried that we are at the top of the energy bull market. Natural gas prices are not sustainable. No shortage of natural gas(short term squeeze).
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Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Mar 15/22, Up 61%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with TOU is progressing well. To remain disciplined, we recommend trailing up the stop (from $61.50) to $69.50.
DON'T BUY
Believes it is a good time to sell energy and de-risk portfolio (if already own it). Not sure there is any upside left for the company. Stock price must come back to Earth.
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Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Mar 15/22, Up 47.8%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with TOU is progressing well. We now recommend trailing up the stop (from $47.50) to $61.50.
COMMENT
Question was on derivative loss. He doesn't follow the company closely so doesn't know the situation. Could be related to hedging which can account for book losses for many companies. Tourmaline is one of the best manged oil and gas companies in Canada and management is considered conservative.
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