Related posts

Tech leads Friday slideDow hits highs to end record-breaking weekMarkets Mixed to end the week
Investor Insights

This summary was created by AI, based on 59 opinions in the last 12 months.

The experts have mixed opinions on Tourmaline Oil Corp. Some believe it is well-managed with a strong balance sheet and good potential for growth, while others note the challenges in the natural gas sector and the uncertainty surrounding the commodity price. There is consensus on the company's strong management and potential for long-term success, but opinions vary on its current valuation and the impact of factors like LNG terminals and the electrification of the grid.

Consensus
Mixed
Valuation
Fair Value
WATCH
Tourmaline Oil Corp

Tricky. Natural gas stocks have been on a tear the last few days, super hot, on fire. Extension of the Trump presidency. Certain investors are feeling FOMO if they don't own energy. Valuations are still compelling.

Thematically, he's bullish gas. Still exposed to weather, and though it's been warm up till now, there's a cold forecast. Gas can be volatile, so these names can be more volatile than oil. This name has lagged, and that could unwind. Doesn't love the variable dividend; instead, should be buying back stock. Good company, lots of inventory. But tactical timing is tricky.

oil / gas
COMMENT
Tourmaline Oil Corp

It is natural gas focused and the price of nat gas is in the doldrums. It is the best nat gas company in Canada with very good management. It pays a nice dividend as well as special dividends regularly and has a great balance sheet along with making great acquisitions. However it is hard to predict the sector and hard to make money if the gas price is not going anywhere.

oil / gas
BUY
Tourmaline Oil Corp

You get your dividend. A great company that's well-managed. Prefers ARC a little more. Natural gas looks great in Canada and abroad, to be driven by strong demand and the LNG terminal that will open. 

oil / gas
BUY
Tourmaline Oil Corp

Recent quarterly report very strong. Best natural gas company in Canada. Very strong management. Excellent dividend. Priced very well. Balance sheet excellent. 

oil / gas
HOLD
Tourmaline Oil Corp

Well-run and solid. Have deep inventory and they distribute to different markets and are profitable. The commodity price can weaken, but the stock can hang on, but its production growth rate is slowing down.

oil / gas
BUY
Tourmaline Oil Corp

He sold it last year, but bought it back recently under $60. Likes their assets--they have light oil as well as great natural gas assets. Nat gas has been under pressure, though.  TOU is not as cheap as oil stock, but more diversified with better growth potential.

oil / gas
PAST TOP PICK
Tourmaline Oil Corp
(A Top Pick Aug 09/23, Down 10%)

Nat gas prices still under pressure. Management and structure are set up for success, even in this environment. Minimal debt, special dividends. Management owns lots of shares. CREW acquisition cashflow-positive right away. Long-term thinkers.

oil / gas
BUY ON WEAKNESS
Tourmaline Oil Corp

Nat gas is a transitional energy source from carbon to renewable. You need to hold some. He holds a small position of TOU. But the Canadian government doesn't support the nat gas indsutry, and isn't the best country to invest in at nat gas. He likes TOU.

oil / gas
BUY
Tourmaline Oil Corp

Natural gas stocks are down a lot - the commodity price keeps this stock low. They just bought CREW which is a very complimentary asset. They also just boosted their dividend. With natural gas starting to get offshore by 2026, the commodity should do much better. It is the best in class in North America with a good balance sheet.

oil / gas
BUY
Tourmaline Oil Corp

Top company in the sector. Even with low natural gas prices, company will be ok. Fixed plus variable dividend very safe and sustainable. Great for income oriented investors. 

oil / gas
BUY
Tourmaline Oil Corp

Majority of its plays are in nat gas, and he's especially bullish on that. Natural gas feeds into power demand going forward from data centres, crypto, etc. Going to see increased transition to nat gas both outside and inside NA.

oil / gas
BUY
Tourmaline Oil Corp
TOU vs. Arc as natural gas companies

Both are the gold standard in nat gas. TOU slightly underperforms. Valuations of both are stretched. ARC has done well with some projects that were brought onstream. Owns TOU now, and Arc in the past. Both are good to buy and will perform.  The price of nat gas is low, so this will benefit will the price rises. 

oil / gas
BUY
Tourmaline Oil Corp
BC's LNG facility about to open

She owns no producers now. The LNG facility will benefit natural gas producers, because the facility will help ship LNG to Asia. TOU is one of the top names in natural gas production. She prefers buying the infrastructure stocks which are vulnerable to commodity prices.

oil / gas
PAST TOP PICK
Tourmaline Oil Corp
(A Top Pick Aug 28/23, Down 0.6%)

Still bullish. Acquisition announcement popped share price a bit, great to see. Pullback from peak gives investors a chance to get in. Her target is around $80, 20-25% gain from here. Ranks 9/10. Typically does well coming into this part of the business cycle. She and analysts rate it Outperform.

oil / gas
BUY
Tourmaline Oil Corp

Likes it a lot. Good leverage to bullish thesis on natural gas in Canada. CREW acquisition is a good addition. Very big fan of the Montney, one of the best plays in the world, decades of tier 1 inventory. Yield is ~7%, with prospect of special dividends.

oil / gas
Showing 1 to 15 of 483 entries

Tourmaline Oil Corp(TOU-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 42

Neutral - Hold Signals / Votes : 3

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 45

Stockchase rating for Tourmaline Oil Corp is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Tourmaline Oil Corp(TOU-T) Frequently Asked Questions

What is Tourmaline Oil Corp stock symbol?

Tourmaline Oil Corp is a Canadian stock, trading under the symbol TOU-T on the Toronto Stock Exchange (TOU-CT). It is usually referred to as TSX:TOU or TOU-T

Is Tourmaline Oil Corp a buy or a sell?

In the last year, 45 stock analysts published opinions about TOU-T. 42 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Tourmaline Oil Corp.

Is Tourmaline Oil Corp a good investment or a top pick?

Tourmaline Oil Corp was recommended as a Top Pick by on . Read the latest stock experts ratings for Tourmaline Oil Corp.

Why is Tourmaline Oil Corp stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Tourmaline Oil Corp worth watching?

45 stock analysts on Stockchase covered Tourmaline Oil Corp In the last year. It is a trending stock that is worth watching.

What is Tourmaline Oil Corp stock price?

On 2024-12-06, Tourmaline Oil Corp (TOU-T) stock closed at a price of $62.31.