TSE:TOU

Tourmaline Oil Corp (TOU.TO)

60.16
+0.14 (0.23%)
as of Jun 26, 2026, 8:00:00 pm Market Open.
833 watching
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Investor Insights
star iconJun 26, 2026, 12:00 am

This summary was created by AI, based on 60 opinions in the last 12 months.

Tourmaline Oil Corp (TOU-T) is recognized as Canada's largest natural gas producer, positioned strategically to benefit from growing LNG markets and rising energy demand. Analysts generally highlight strong management and commend the company's approach to capital allocation, focusing on infrastructure and future growth. Although the stock has experienced a range-bound performance, most experts believe that it holds significant upside potential with the improvement of natural gas prices anticipated in the coming years. The company provides a respectable dividend and special dividends, which reinforces its attractiveness as a long-term investment. Concerns around current nat gas prices and market volatility are present, but many experts advocate holding or accumulating shares, viewing the long-term prospects favorably.

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Consensus
Positive
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Valuation
Undervalued
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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.
DON'T BUY
Trading at around 18X this year's cash flow. They have the ability to grow production materially and with very strong visibility. Too high for his liking.
PAST TOP PICK
(A Top Pick Dec 16/10 Down 48.96%.) His only natural gas holding. Hard to recommend it as it is so expensive. He has taken a little bit of money out of it but hopes to ride it out. Probable takeover target.
PAST TOP PICK
(Top Pick Dec 16’2010 Up 62.48%)
TOP PICK
Just did an equity issue at $33, which was well oversubscribed to fund exploration for next year to 565 million. Great management and great land position.
TOP PICK
[The program signal failed at this point during the broadcast. The web site did not record a clip for top picks. No opinions could be recorded here]
TOP PICK
Just did it an equity issue for $33, which was well oversubscribed. This was to fund an increase in their exploration budget next year to $565 million. Great opportunities in great land positions. Good management.
BUY
One of his top holdings and probably the most expensive stock. Management has created value for shareholders. Anyone that can create billions for shareholders will always garner that multiple. Lots of running room and room to exploit what they have over the next 10-15 years. They are buy land that is accretive. Keep expanding their inventory and accumulating undeveloped land. Will never sell. May trim from time to time.
COMMENT
Current earnings outlook on a price to cash flow basis is 18X. 55% cash flow growth forecasted for 2012. Not cheap at 11.6X. The advantage is they gush huge amounts of cash flow and pay back their wells in anywhere from 12 or 6 months or less. Significant land positions.
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