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.

consensus icon
Consensus
Hold
valuation icon
Valuation
Fair Value
review icon
Similar
CNE, CNE
TOP PICK
The preeminent natural gas company in Canada. Pedigree management from 2 very successful companies that were ultimately taken over by majors. Full value of the assets is tremendous.
TOP PICK
Gas bulls, so this is the go-to in the intermediate in the space. Expansive land base in which they can drill either gas or oil. Tremendous balance sheet and AAA management team. Near a bottom. Should eventually get bought out in 3-5 years.
COMMENT
If you have a short list of gas stocks that you want to get constructive on if you feel there is going to be a good recovery, this one would almost top the list. Great cost structure. Good management. (Recently participated in a flow-through share offering.)
BUY
(Market Call Minute) Lowest cost gas producer in Canada.
WAIT
Loves the company but is not a fan of the share price. 90% Nat. Gas. You should wait a couple of months to buy it.
TOP PICK
Lowest cost Liquid-Rich Nat Gas producer in Canada. Amazing balance sheet. 8x cash flow. Can survive this Nat Gas storm no problem. This is a $30-$40 stock in a take-out
COMMENT
Doesn't like the fundamentals of gas. Feels gas is going to stay range bound in the $2.50-$3 range. In spite of this, this company has great cost structure, fantastic balance sheet and good management.
BUY
(A Top Pick Feb 10/11. Up 5.01%.) Incredibly well-positioned Canadian-based company. The big knock is that it primarily produces natural gas, which has put the stock in the penalty box. A low-cost producer. Have a million acres of land. If interested in gas, this would be the one to own. Will stay weak for the next 6 to 9 months.
BUY
Great management team with a great long-term track record. Stock came off very sharply as natural gas prices corrected. Trading at a very reasonable valuation. Lowest cost producer. Fantastic balance sheet.
COMMENT
Liquids rich gas with a lot of growth. Stocks have got hit. Has one that he prefers because he thinks the growth will be a bit better. (See Top Picks.)
TOP PICK
(Top pick Feb 22/11, Up 1.17%) Went public in 2009 and did everything right. Costs of production are about $0.50. Tremendous ability to stay in the game and weather the storm. We are going to see gas prices rebound somewhere down the road. Doubled production over last year and looks to be doubling over next 3 to 4 years and yet price is up only 15-20% from IPO. Someone might take a run at them and take advantage of the low prices.
TOP PICK
Nat Gas star. Cream of the crop if you look at management teams. You can see where it was when gas was in the $3 range.
BUY
Always traded at a bit of a premium. A name where it would be one of the first Nat gas stocks to move. At the top of his list. Will buy at $22.
TOP PICK
Great management. Debt free. Very, very rapid production growth. Recently raised money and management put $50 million of their own in. Proven track record. Good price.
PAST TOP PICK
(Top Pick Dec 16/10, Up 28.04%) Lowest cost producer, best growth profile, best natural gas company in North America, probably will buy more if price comes off a little bit more.
Showing 541 to 555 of 571 entries