TSE:TOU

Tourmaline Oil Corp (TOU.TO)

62.14
-0.25 (0.40%)
as of Jul 17, 2026, 6:36:05 pm Market Open.
836 watching
0
Investor Insights
star iconJul 17, 2026, 12:00 am

This summary was created by AI, based on 64 opinions in the last 12 months.

Tourmaline Oil Corp (TOU) is recognized as Canada's largest natural gas producer, with strong management and a significant market position in the Montney region. While the stock has been somewhat range-bound recently, oscillating between $58 and $70, many analysts express optimism about its future potential, primarily driven by the ramp-up of LNG Canada and infrastructural investments that are expected to bolster cash flow in the long run. Experts highlight the company's good dividend yield and its ongoing efforts to enhance operational efficiency. Though some have noted the volatility in the energy market, particularly due to geopolitical factors like the US-Iran conflict, the consensus seems to favor TOU as a solid long-term investment given its strategic initiatives and assets. Concerns about short-term profitability and capex versus shareholder returns remain, but the outlook for natural gas demand and pricing appears constructive over the next few years.

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Consensus
Positive
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Valuation
Undervalued
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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.
PAST TOP PICK
(A Top Pick Nov 13/20, Up 166%) Would buy again. Like many energy companies, it is no more expensive than where they were a year ago. Energy prices and natural gas in particular has moved up. The improved cashflow is now used to right balance sheets, pay dividends and other shareholder friendly moves. Great price momentum with 5x EBITDA which is still reasonable.
BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The company has an excellent management team with a history of good growth. Growth remains good and the balance sheet is good. Can own this throughout an energy cycle. More gas focused. Unlock Premium - Try 5i Free

PAST TOP PICK
(A Top Pick Dec 29/20, Up 168%) Pristine balance sheet. Great operators. Valuation is 4x operating cashflow. The Cadillac play of the sector.
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