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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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

BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. There has been no news to account for the recent drop. The stock is still up 114% in a year. It may be that lower-quality names are attracting capital. 5i remains very comfortable with it overall. Unlock Premium - Try 5i Free

TOP PICK
The price of oil has moved up a lot since November. It could possibly go as high as $100. Mainly a western Canadian oil company. Well completion cost is 40-50% less than their competitors. Dividend of 2% that is expected to grow. Management is bullish with $850M of free cashflow. Sales are up 19%. 3.6x price to cash multiple. Cashflow growth is expected to grow twice as fast as the industry. (Analysts’ price target is $28.46)
BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. 5i’s favourite gas-focused company. Management is the best in the business with a solid track record of building and selling many companies before. Unlock Premium - Try 5i Free

DON'T BUY
NA remains oversupplied with gas. Best of breed producer and consolidator. If you have a more positive view on the nat gas price and supply/balance than he has, then this is your horse. But he's not a believer in the nat gas secular trade.
TOP PICK
TOU is the cream of the crop. They focus on natural gas, which has lagged, but will catch up. The balance sheet outshines its peers. Their cash can pick up more companies. Managers have been buying shares. Lots of upside. (Analysts’ price target is $26.97)
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