TSE:TOU

Tourmaline Oil Corp (TOU.TO)

63.73
-1.69 (2.58%)
as of Jun 5, 2026, 8:00:00 pm Market Open.
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Investor Insights
star iconJun 6, 2026, 12:00 am

This summary was created by AI, based on 58 opinions in the last 12 months.

Tourmaline Oil Corp (TOU) is recognized as Canada’s largest natural gas producer, reflecting strong management and significant capital discipline. Experts express optimism regarding TOU’s strategic positioning, particularly as it expands access to Asian markets through LNG exports. However, there is consensus that the stock has been performing sideways amid heavy capital expenditures and fluctuating natural gas prices. While some analysts believe its long-term fundamentals remain sound, many suggest a cautious approach, with price targets hovering around $70-$76. Overall, the sentiment is mixed, with an inclination toward potential growth once natural gas demand tightens and infrastructure projects bear fruit.

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Consensus
Hold
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Valuation
Undervalued
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Agnc
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
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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.
DON'T BUY
People want to own the stock because of the CEO because of past success and they did this stock up to a valuation that he is not willing to pay. Extremely well run. Good land spread. Prefers others.
BUY
Not cheap but above average growth. Going to grow at roughly 20% per year. Is a consolidator. One of the better-managed names.
BUY
Bought at new issue. Great management team. He had to stretch his GARP system to buy it. Tremendous land bank in western Canada. He would still be buyer of the stock right here.
TOP PICK
Same management team that sold other companies. Established terrific landmass in peace river and deep basin areas of Alberta and BC. If history repeats itself you are looking 4-5 years out for a huge return. Long-term hold.
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