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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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 35.6%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with TOU has achieved its $59.50 objective. To remain disciplined, we recommend covering half the position at this time and trailing up the stop (from $42.50) to $47.50.
BUY
Canadian energy companies are cheap and haven't yet recovered from pre-pandemic highs. This is a very good company with lots of upside. Fair market value is over 100% above current price. An easy near term target is $75.00.
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Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Stockchase Research Editor: Michael O’Reilly We reiterate TOU, a top Canadian energy producer, as a TOP PICK. Trading at only 1.4x book and spinning off record free cash flow and earnings up 58% over the year, it is good value. It pays a good dividend backed by a payout ratio under 15% of cash flow. We recommend trailing the stop to $42.50, looking to achieve $59.50 — over 23% upside. Yield 1.64% (Analysts’ price target is $59.33)
BUY
It has had a sharp run-up and is doing well. It consolidated in past six months and broke out again. There is still upside ahead.
BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. EPS of $2.96 beat estimates of $1.54. They beat revenues by a wide margin as well. Cash flow increased by 147% compared to the previous year. The results were strong and the company continues to be at a good valuation. Unlock Premium - Try 5i Free

BUY ON WEAKNESS
Extremely well run company, with decades of inventory. Doesn't own stock because natural gas weighted. Oil presenting huge opportunities. Expecting over $100/barrel for next 4-5 years. Trading at ~3x cash flow. Expecting variable dividends to be paid out. Expecting share price to trade around $80/share.
COMMENT
Natural gas which still has upside from here. It is the portfolio managers' choice and has done pretty much as well as the group. Not as leveraged as others so doesn't move as fast but is great natural gas performer. Beat the last quarter. 21% free cash yield. Raised dividend by 11% and declared second special dividend.
COMMENT
A huge winner over the past year. Basically the biggest player in natural gas. Is returning some of the excess cash from massive amounts to shareholders through increased dividends, a special dividend, and stock buyback. Management are buying shares for themselves.
BUY
A well-managed oil company, but the PE has always been expensive. But the nat gas outlook is very well and will be; nat gas prices in Europe are very pricey. There could be a spike in such prices in North America. If you own this, do not sell.
BUY
Company embracing variable dividend. Challenge to value this plan. Very good name for income investors. However, better investments in other Canadian energy companies (more upside). Excellent management team.
TOP PICK
Believes company stock price has further room to grow. Best managed company in natural gas business. Sells a lot of natural gas into California market at a premium. Believes natural gas prices will remain strong (reduced drilling and growing economy). Additional dividend payouts and share buybacks are great for shareholders.
BUY
A nat gas play, and prices have come down recently. Trades at 3x, compared to peers at 4x. 22% free cash yield. Very cheap, decent production profile, decent cashflow per share, excellent balance sheet. Positive cash into 2023. Target of around $76. You can buy it right here, right now.
PAST TOP PICK
(A Top Pick Dec 29/20, Up 148%) Believes Mike Rose has done tremendous job running the company. Company buying lots of stock back. Lots of free cash flow. Balance sheet is very solid and has a low valuation. Premium company in the Canadian natural gas sector.
BUY
Natural gas prices are being pressured due to a lack of cold weather this time of year. Rest of year forecasts, however, call for colder than normal weather. It is a very strong operator, well positioned in the natural gas space. It has shifted from mid-cap to larger investors. With years of underinvestment, they feel the sector has room for further improvement despite the recent run up in equity prices. A lot of cash flow should be coming. They like it here and own quite a lot.
DON'T BUY
Gas name. Ability to return capital to shareholder is limited due to the warmer weather. Decided to do a variable dividend that he does not like. Cannot value what you cannot model. Trading at a premium to the group. Would put a 6x multiple.
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