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TSE:TOU

Tourmaline Oil Corp (TOU.TO)

62.34
+0.09 (0.14%)
as of Aug 27, 2026, 5:03:52 pm Market Open.
834 watching
0
Investor Insights
star iconAug 27, 2026, 12:00 am

This summary was created by AI, based on 63 opinions in the last 12 months.

Tourmaline Oil Corp (TOU) has garnered mixed reviews from various experts, reflecting a blend of optimism and caution in the energy sector, particularly in natural gas. Many express a bullish long-term outlook, citing the company's robust management, significant natural gas reserves, and low-cost operations. Analysts highlight the potential for revenue growth from LNG exports, as the company is well-positioned to tap into higher-priced markets. However, the experts also warn about the impact of weak natural gas prices due to oversupply and the current geopolitical landscape, particularly the Iran conflict. There is a consensus on the importance of a strong balance sheet and ongoing capital investments for future growth, with calls for investors to adopt a long-term perspective rather than react to short-term market fluctuations.

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Consensus
Mixed
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Valuation
Fair Value
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CNQ
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)
BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The Black Swan deal is a good acquisition. It makes the company the fastest growing producer. It will move around 500,000 boe per day next year.The deal adds more than $300M in debt but the balance sheet remains fine. Unlock Premium - Try 5i Free

BUY

Exceptionally well run. Hit all its landmarks. Loves it. Pure play, best of class. Owns TPZ instead, a spinoff of TOU and which it still has a stake in.

PARTIAL BUY
A spectacular company. Strong return on capital, monetized mid-stream and strong alignment. However, it is more natural gas. He is more excited with the oil story than natural gas. Good name for gas but looking for oil right now.
PAST TOP PICK
(A Top Pick May 29/20, Up 120%) Likes it still.
TOP PICK
Extremely low production costs. Huge free cashflow, which can be used to crank up the dividend and reduce debt. Sales are up 66%. Really positive on the company. Yield is 2.20%. (Analysts’ price target is $36.00)
BUY
Does not own it in the fund since it is predominantly a nat gas play. Best exposure to the California market. Trading at 4x forward cashflow. It could deserve a 6x. More bullish on oil than nat gas. If bullish on gas, you can own this.
BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The sector rally has paused though TOU is still up 39% this year. The stock remains attractive on most metrics and good growth is expected this year. Next year should see slower growth. Cash flow is good and dividend was raised a couple weeks ago. Unlock Premium - Try 5i Free

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