TSE:TOU

Tourmaline Oil Corp (TOU.TO)

62.33
-0.06 (0.10%)
as of Jul 17, 2026, 7:48:54 pm Market Open.
836 watching
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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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COMMENT
Outlook for natural gas is strong going into the new year. A name you could look at.
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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 TOU continues to be well positioned for a continuation of energy price stabilization and is reiterated as a TOP PICK. It trades at 8x earnings, compared to peers at 36x. It is presently valued at under 1.5x book value. The company has consistently paid the (growing quarterly dividend over the past three years and it is backed by a payout ratio under 20% of cash flow We recommend trailing up the stop to $39 (from $34 as previously recommended), looking to achieve $54 -- upside potential over 16%. Yield 1.49% (Analysts’ price target is $53.54)
PAST TOP PICK
(A Top Pick Oct 16/20, Up 169%) More bullish on oil than gas. With strip gas, they are well positioned to profit. If you want gas, this is a good play. He prefers Arx for gas with conduit but for a pure gas play, this name is a good choice.
PAST TOP PICK
(A Top Pick Nov 18/20, Up 155%) Still bullish for energy going into 2022. FMV based on 2022 earnings would be another 100% up from here, though not guaranteed of course. Don't sell right now.
PAST TOP PICK
(A Top Pick Dec 29/20, Up 170%) They are great operators. The balance sheet is in great shape. They did smart acquisitions. Everyone is starting to discover this name. It is still a decent valuation.
COMMENT
Doing exactly what he hoped the sector would do. Will see meaningful return of capital. Benefitted from spinning out Topaz. Has checked off a lot of the boxes. 63% upside is the current projection. Committed to base and special dividends.
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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 Jul 21/21, Up 28.1%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with TOU is progressing well. It has achieved its $43.50 objective. To remain disciplined, we recommend covering half the position here and trailing up the stop to $34 -- just above the original recommended entry level.
TOP PICK
Going through a major metamorphosis. Just raised dividend, plus a special dividend. They expect 2.5B in free cashflow next year, up from 1.6B this year. They want to return most free cash to shareholders. Balance sheet reformed, putting them in a strong position going forward. A sector that could have quite a good winter. Yield is 1.67%. (Analysts’ price target is $51.65)
TOP PICK
Natural gas is finally looking good. Fabulous balance sheet. Top-tier operator and capital allocator. Significant free cashflow, which can make its way to shareholders. Not expensive. Relatively unhedged. He sees 27% production growth and 66% cashflow per share growth. Score some nice points for the next 12-24 months. Yield is 1.66%. (Analysts’ price target is $49.05)
BUY

10.5B market cap. While it has oil, a lot of the upside for the stock comes from gas. Sale of their small holding of Topaz has also helped them. Could see a special dividend from the proceeds. A shareholder friendly company that bumps up the dividend over time. Low finding and drilling costs.

TOP PICK
Not an oil company. Rather, it's the best natural gas stock in North America with fine assets in the Montney and Alberta. Boasts a great balance sheet and reducing its debt that could lead to more exploration. It's the best way to play California's nat gas market, which has been mismanaged by CA's governor and leading to blackouts. It has potential LNG exposure, too. Pays a nice yield. Nat gas is the best commodity performer. (Analysts’ price target is $47.25)
PAST TOP PICK
(A Top Pick Nov 18/20, Up 78%) Long-term valuation, despite the huge share run-up, is still cheap. Natural gas is the one energy source that's favoured by anyone who hates carbon. Still likes this.
BUY
He owns its peers. He likes the natural gas space. TOU stands out. The U.S. is increasing its exports. Events like last winter's storm drives demand. TOU will do good for investors in the next few years. [Note: audio problems]
TOP PICK
Best natural gas play in North America and one of the best oil and gas producer. Has the best land positions in BC and Alberta. Best balance sheet and management. A major beneficiary of increasing natural gas demand from California. LNG will be a great play for them. If you own one energy producer, own Tourmaline. (Analysts’ price target is $46.42)
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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 TOU is well positioned for a continuation of energy price stabilization. It trades at 11x earnings, compared to peers at 29x. It is presently valued at under 1.5x book value and has a PEG ratio of 1.3 -- indicating analyst views of earnings growth. It pays a decent dividend backed by a payout ratio of under 25%. It has an interesting short position battle going on that might yield some explosive short covering in the days ahead. We would buy this with a stop loss at $26, looking to achieve $43.50 -- upside potential over 25%. Yield 1.87% (Analysts’ price target is $43.50)
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