BUY on WEAKNESS
Tourmaline Oil Corp
Concerned on price of natural gas and names associated with it (short term). Long term natural gas will be fine (base load supply). Best gas marketer in the business (has California exposure). 75 years of inventory. Dividend yield could be ~7.5-10%(base + special dividend). Waiting for gas to hit $0 and will buy shares.
oil / gas
BUY
Tourmaline Oil Corp
Nat gas prices have come off significantly last 6 months. Undersupply is now closer to balance, plus ton of new production has come on in both Canada and US. Even at $3, companies like TOU are still getting good returns.
oil / gas
WATCH
Tourmaline Oil Corp
Is driven by natural gas prices. TOU paid a special dividend. A good company. Nat gas performs September into December, but is weak from mid-December to mid-March. Shares are at a support level, which is good. It could rally a little earlier than seasonality. Wait and watch the spot price into February and especially in mid March. There's oversupply of nat gas now.
oil / gas
BUY
Tourmaline Oil Corp
Very good company that owns shares in. World class management team led by founder Mike Rose. Very cheap valuation given financials. Special dividend yield and regular dividend yield safe. Good long term investment.
oil / gas
BUY
Tourmaline Oil Corp
Advantageous for Canadian investors. TOU has paid special dividends, which provide a running yield of close to 10%. Decent valuation.
oil / gas
PAST TOP PICK
Tourmaline Oil Corp
(A Top Pick Jul 15/22, Up 4%) Canada's biggest nat gas producer. Great balance sheet and managers. They're moving some gas to the Gulf Coast so they have LNG exposure. The transition from fossil fuels to renewables will take time, so he remains bullish on natural gas. TOU is best in class.
oil / gas
BUY
Tourmaline Oil Corp
He sold it earlier in the year but likes it a lot. Is in a sideways trend near the top. He is starting to look at oil again and it looks like there will be a big rotation in commodities for years to come - a mega cycle.
oil / gas
BUY
Tourmaline Oil Corp
With the special dividends, why not own? A timely question. Company feels they'll be debt-free very soon, returning 80% of cashflow to shareholders via dividends, special dividends, and buybacks. They believe they can make money with gas at even lower prices. He's impressed. Management doing a good job, good reserves. No reason not to buy.
oil / gas
HOLD
Tourmaline Oil Corp
Great quality company. CEO's done a good job by picking up assets on the cheap during Covid. Nat gas prices keep increasing, so TOU has a ton of cashflow. Special dividend increases yield to 5-6%. Should do well as long as nat gas does.
oil / gas
Unspecified
Tourmaline Oil Corp
The management team has done an excellent job. Mike Rose is still buying stock. It is mostly natural gas so is holding its own with oil downturns such as the one today.
oil / gas
TRADE
Tourmaline Oil Corp
More money to be made in resource extraction businesses by trading, than owning long term. It's run up, so time to take some money off the table.
oil / gas
TOP PICK
Tourmaline Oil Corp
Great success story. Canada's largest nat gas provider, so in a way it's a green oil/gas company. Great wealth generator for shareholders. Yield is 1.20%. (Analysts’ price target is $97.50)
oil / gas
PAST TOP PICK
Tourmaline Oil Corp
(A Top Pick Sep 23/21, Up 80%) It is still trading above its 150 and 200 day moving averages. It consolidated successfully between 2014 and 2020. He has trimmed a bit but it is still a big holding
oil / gas
TOP PICK
Tourmaline Oil Corp
Believes company has excellent management team that has decades of experience. Cash flow machine that is largest natural gas producer in Canada. Financial position is great (no debt, large cash flow). Have export agreement to ship natural gas to USA (get international pricing). Large insider ownership.
oil / gas
BUY
Tourmaline Oil Corp
Excellent company with long reserve life. High special dividends that provide excellent returns. CEO has over $1 Billion is personal investment Expecting a 17% dividend yield next year.
oil / gas
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Tourmaline Oil Corp(TOU-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 29

Neutral - Hold Signals / Votes : 2

Bearish - Sell Signals / Votes : 2

Total Signals / Votes : 33

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, 33 stock analysts published opinions about TOU-T. 29 analysts recommended to BUY the stock. 2 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?

33 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 2023-01-27, Tourmaline Oil Corp (TOU-T) stock closed at a price of $64.61.