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TSE:TOU

Tourmaline Oil Corp (TOU.TO)

62.22
-0.03 (0.05%)
as of Aug 27, 2026, 3:47:54 pm Market Open.
834 watching
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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
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)
PAST TOP PICK
(A Top Pick Dec 19/19, Up 17%) This is one you can still own in the natural gas space. They will continue to consolidate. There might be some paper coming to the market. There has been some rotation out of natural gas with a warmer winter and it has put pressure on the share price.
BUY
Natural gas prices have been--and will continue--to do well. Good balance sheet here and can issue more stock to buy weak competitors.
PAST TOP PICK
(A Top Pick Dec 19/19, Up 21%) He has reduced his position from 10% - 2% due to implosion of the natural gas pricing from the warm weather. They can use their strong balance sheet and Topaz, as an aggregator. He expects them to be aggressive as a consolidator.
TOP PICK
Earnings forecasts rocketing upwards. Trading at a nice discount to book value. Solid balance sheet. Nice solid value stock. Yield is 3.13%. (Analysts’ price target is $27.16)
BUY
It is doing very well. It as been a darling of the market. They are active and drilling 100 wells in the second half of this year and 225 next year. They have plans to increase revenues. There has been a lot of insider buying in this company.
COMMENT

Would prefer TOU over VET. The challenge is the stressed balance sheet for these energy providers. VET has some of the worst price momentum, value, volatility and earnings profile in terms of current return on equity. They can move quickly if they look like they will survive. If you are looking for a huge amount of leverage and upside for a recovery, you could own VET but TOU is the more stable choice.

TOP PICK
He likes it not just in energy but in comparison to all TSX stocks. Price momentum is good and valuation is not bad. The largest natural gas producer in Canada. Has one of the best management teams in the business. Will be one of the survivors and has acquired 2 companies recently. 3.8x enterprise value, 15% free cashflow yield. (Analysts’ price target is $27.16)
TOP PICK
Bullish on gas for the first time in years. Outlook for gas is very strong. An easy way to play growing demand. You have scale, good balance sheet, dividend payments. Valuation is good. 15% free cashflow at $50 oil. 90% upside is possible. (Analysts’ price target is $22.52)
PAST TOP PICK
(A Top Pick Jun 20/19, Down 26%) It's generating free cash flow and paying down debt. Buy this under $10 for the long term. This is the premier large gas company in Canada with a strong management team who will maximize shareholder value. Managers also own a lot of shares.
WAIT
They are the largest natural gas producer in North America. He is bearish on short term natural gas prices, so he would not be recommending it right now. He would rather own mid-cap oil companies right now.
Showing 271 to 285 of 576 entries