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Investor Insights

This summary was created by AI, based on 55 opinions in the last 12 months.

The experts generally agree that Tourmaline Oil Corp is a well-run company with strong management, good prospects for growth, and a strong focus on returning cash to shareholders through dividends and special dividends. They also mention the company's significant holdings in natural gas and its exposure to the energy sector. There is some concern about the impact of low natural gas prices and the potential for volatility in the sector, but overall, the company is viewed favorably.

Consensus
Positive
Valuation
Undervalued
PAST TOP PICK
Tourmaline Oil Corp
(A Top Pick Dec 04/23, Down 8%)

The whole natural gas sector will get frothy from buyouts and valuations. TOU is an undervalued stock in an undervalued sector. Could be volatility around their March 6 report, but this is a buying opportunity. Wait till March 6. Targets 60% upside from here.

oil / gas
COMMENT
Tourmaline Oil Corp

If he ran an energy fund, he'd definitely buy it, but shares move around alot because it's tied to natural gas prices which are not doing well and face more downside.

oil / gas
TOP PICK
Tourmaline Oil Corp

Canada's largest natural gas producer, nearly 15% of Canada's NG. Also, they produce 100,000 barrels daily of oil. TOU is a lean, low-cost operator. Warm weather is keeping nat gas prices low this winter, though. They struck a deal with Cheniere to ship their nat gas to the Gulf of Mexico and is shipped to Asia to fetch higher prices (10x higher). Including special dividends, their yield totals 12%. Also, LNG Canada will open next summer on the west coast which should boost demand for Canadian nat gas.

(Analysts’ price target is $78.96)
oil / gas
Unspecified
Tourmaline Oil Corp

It has a special dividend policy on top of its base dividend. Has a great management team along with great assets. She prefers ARC which has more exposure to liquid rich gas. Gas will still  be needed along with nuclear partly due to coal coming off line and the demand for power. Renewables are good but we don't have the technology for battery storage.

oil / gas
BUY ON WEAKNESS
Tourmaline Oil Corp

Big fan of ownership/leadership of company (Mike Rose). Concern is that company is not under valued compared to peers in sector. Concern is that natural gas is over supplied. Overall a high quality company. Very strong marketing team also helps (strong pricing for natural gas). 

oil / gas
BUY
Tourmaline Oil Corp

Well-run and a major oil producer. Very levered to natural gas, which is under a little pressure now. But they enjoy low costs. Nat gas prices may sell off a little more, but TOU looks compelling now.

oil / gas
BUY
Tourmaline Oil Corp

Has been buying recently given weakness in share price. Commodity price unpredictable, but good overall business. Strong management team and natural gas a good bridge fuel. Would recommend buying. 

oil / gas
HOLD
Tourmaline Oil Corp

Keep it, despite the drop. Valuation is fantastic. He took only a 1/2 position, down 15% on that, but comfortable. Could get more volatility, but in 2-3 years you'll be pretty happy. Big money interest. Make sure it's a reasonable size in your portfolio.

oil / gas
PARTIAL BUY
Tourmaline Oil Corp

Commodity price downturn has been pretty abrupt, but still nice levels for Canadian producers. $70 crude converted to CAD is still a pretty nice number. On the gas side, transformational event will be LNG Canada egress coming on late 2024 and early 2025. It will make capital budgets more dependable. Can deploy capital here, but keep powder dry in case of economic or commodity weakness.

See his Top Picks.

oil / gas
BUY
Tourmaline Oil Corp

Has owned this a long time. The chart has done very well. Every time shares gap higher, he trims to reduce his weighting. TOU is set up very well for the long-time; Canada LNG is in the sweet spot. Happy to hold this for a long time.

oil / gas
BUY
Tourmaline Oil Corp

Best company to own natural gas in Canada. Excellent management team. Very good growth. Excellent marketing team that secures good pricing. Pipeline expansion in Canada will benefit company. Con to the business is that natural gas is commodity under pressure. Overall, a strong business. Would recommend buying. 

oil / gas
BUY
Tourmaline Oil Corp

High exposure to natural gas. Strong support around $2mcf. Believes gas has upside which is good for Tourmaline. Would recommend buying.

oil / gas
WAIT
Tourmaline Oil Corp

Editor's Note - The question was more related to the oil and gas sector in general. The sector is down and not growing much so wait for a pullback before buying stock in these companies. There has been less capital spending in the industry than before so there could be supply chain constraints going forward. Companies have been paying cash flow back to shareholders through dividends and share buybacks. He doesn't own Tourmaline but it is a great company.

oil / gas
BUY
Tourmaline Oil Corp

Natural gas has challenges with large storage numbers. Best natural gas producer in Canada. Excellent management team with best in class operations. Current valuation high compared to others in sector. Positive cash flow profile with excellent balance sheet. Safe dividend with expected growth. Would recommend buying. 

oil / gas
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
Tourmaline Oil Corp
(A Top Pick Nov 02/23, Up 4.9%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with TOU has triggered its stop at $64.  To remain disciplined, we recommend covering the position at this time.  Combined with our previous recommendation, this will result in a net investment gain of 4%.

oil / gas
Showing 1 to 15 of 441 entries

Tourmaline Oil Corp(TOU-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 33

Neutral - Hold Signals / Votes : 6

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 39

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, 39 stock analysts published opinions about TOU-T. 33 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?

39 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 2024-02-28, Tourmaline Oil Corp (TOU-T) stock closed at a price of $59.89.