TSE:TOU
21.05
0.07
(0.33%)
Tourmaline Oil Corp
TOU-T
Analysis and Opinions about TOU-T
Signal
Opinion
Expert
TOP PICK
TOP PICK
December 29, 2020
TOU is the cream of the crop. They focus on natural gas, which has lagged, but will catch up. The balance sheet outshines its peers. Their cash can pick up more companies. Managers have been buying shares. Lots of upside. (Analysts’ price target is $26.97)
Show full opinionHide full opinion
TOU is the cream of the crop. They focus on natural gas, which has lagged, but will catch up. The balance sheet outshines its peers. Their cash can pick up more companies. Managers have been buying shares. Lots of upside. (Analysts’ price target is $26.97)
PAST TOP PICK
PAST TOP PICK
December 11, 2020
(A Top Pick Dec 19/19, Up 17%) This is one you can still own in the natural gas space. They will continue to consolidate. There might be some paper coming to the market. There has been some rotation out of natural gas with a warmer winter and it has put pressure on the share price.
Show full opinionHide full opinion(A Top Pick Dec 19/19, Up 17%) This is one you can still own in the natural gas space. They will continue to consolidate. There might be some paper coming to the market. There has been some rotation out of natural gas with a warmer winter and it has put pressure on the share price.
BUY
BUY
November 27, 2020
Natural gas prices have been--and will continue--to do well. Good balance sheet here and can issue more stock to buy weak competitors.
Show full opinionHide full opinionNatural gas prices have been--and will continue--to do well. Good balance sheet here and can issue more stock to buy weak competitors.
PAST TOP PICK
PAST TOP PICK
November 20, 2020
(A Top Pick Dec 19/19, Up 21%) He has reduced his position from 10% - 2% due to implosion of the natural gas pricing from the warm weather. They can use their strong balance sheet and Topaz, as an aggregator. He expects them to be aggressive as a consolidator.
Show full opinionHide full opinion(A Top Pick Dec 19/19, Up 21%) He has reduced his position from 10% - 2% due to implosion of the natural gas pricing from the warm weather. They can use their strong balance sheet and Topaz, as an aggregator. He expects them to be aggressive as a consolidator.
TOP PICK
TOP PICK
November 18, 2020
Earnings forecasts rocketing upwards. Trading at a nice discount to book value. Solid balance sheet. Nice solid value stock. Yield is 3.13%. (Analysts’ price target is $27.16)
Show full opinionHide full opinionEarnings forecasts rocketing upwards. Trading at a nice discount to book value. Solid balance sheet. Nice solid value stock. Yield is 3.13%. (Analysts’ price target is $27.16)
BUY
BUY
November 16, 2020
It is doing very well. It as been a darling of the market. They are active and drilling 100 wells in the second half of this year and 225 next year. They have plans to increase revenues. There has been a lot of insider buying in this company.
Show full opinionHide full opinionIt is doing very well. It as been a darling of the market. They are active and drilling 100 wells in the second half of this year and 225 next year. They have plans to increase revenues. There has been a lot of insider buying in this company.
COMMENT
COMMENT
November 13, 2020
Would prefer TOU over VET. The challenge is the stressed balance sheet for these energy providers. VET has some of the worst price momentum, value, volatility and earnings profile in terms of current return on equity. They can move quickly if they look like they will survive. If you are looking for a huge amount of leverage and upside for a recovery, you could own VET but TOU is the more stable choice.
Would prefer TOU over VET. The challenge is the stressed balance sheet for these energy providers. VET has some of the worst price momentum, value, volatility and earnings profile in terms of current return on equity. They can move quickly if they look like they will survive. If you are looking for a huge amount of leverage and upside for a recovery, you could own VET but TOU is the more stable choice.
TOP PICK
TOP PICK
November 13, 2020
He likes it not just in energy but in comparison to all TSX stocks. Price momentum is good and valuation is not bad. The largest natural gas producer in Canada. Has one of the best management teams in the business. Will be one of the survivors and has acquired 2 companies recently. 3.8x enterprise value, 15% free cashflow yield. (Analysts’ price target is $27.16)
Show full opinionHide full opinionHe likes it not just in energy but in comparison to all TSX stocks. Price momentum is good and valuation is not bad. The largest natural gas producer in Canada. Has one of the best management teams in the business. Will be one of the survivors and has acquired 2 companies recently. 3.8x enterprise value, 15% free cashflow yield. (Analysts’ price target is $27.16)
TOP PICK
TOP PICK
October 16, 2020
Bullish on gas for the first time in years. Outlook for gas is very strong. An easy way to play growing demand. You have scale, good balance sheet, dividend payments. Valuation is good. 15% free cashflow at $50 oil. 90% upside is possible. (Analysts’ price target is $22.52)
Show full opinionHide full opinionBullish on gas for the first time in years. Outlook for gas is very strong. An easy way to play growing demand. You have scale, good balance sheet, dividend payments. Valuation is good. 15% free cashflow at $50 oil. 90% upside is possible. (Analysts’ price target is $22.52)
PAST TOP PICK
PAST TOP PICK
June 23, 2020
(A Top Pick Jun 20/19, Down 26%) It's generating free cash flow and paying down debt. Buy this under $10 for the long term. This is the premier large gas company in Canada with a strong management team who will maximize shareholder value. Managers also own a lot of shares.
Show full opinionHide full opinion(A Top Pick Jun 20/19, Down 26%) It's generating free cash flow and paying down debt. Buy this under $10 for the long term. This is the premier large gas company in Canada with a strong management team who will maximize shareholder value. Managers also own a lot of shares.
WAIT
WAIT
June 19, 2020
They are the largest natural gas producer in North America. He is bearish on short term natural gas prices, so he would not be recommending it right now. He would rather own mid-cap oil companies right now.
Show full opinionHide full opinionThey are the largest natural gas producer in North America. He is bearish on short term natural gas prices, so he would not be recommending it right now. He would rather own mid-cap oil companies right now.
TOP PICK
TOP PICK
May 29, 2020
He likes it for the natural gas exposure. Payout ratio of 12%. Natural gas inventories are expected to be well below normal going into this winter, he expects. Yield 3.56% (Analysts’ price target is $19.45)
Show full opinionHide full opinionHe likes it for the natural gas exposure. Payout ratio of 12%. Natural gas inventories are expected to be well below normal going into this winter, he expects. Yield 3.56% (Analysts’ price target is $19.45)
HOLD
HOLD
April 3, 2020
Natural gas? He has 24% exposure to natural gas in his portfolio and this partially through TOU. Normally it is a weather call, but the associated gas production from rising oil drilling has been a negative impact of growing importance. If we see declines in drilling in oil, we should see natural gas associated production declining. He sees 2021 AECO prices over $2, and this is okay for producers.
Show full opinionHide full opinionNatural gas? He has 24% exposure to natural gas in his portfolio and this partially through TOU. Normally it is a weather call, but the associated gas production from rising oil drilling has been a negative impact of growing importance. If we see declines in drilling in oil, we should see natural gas associated production declining. He sees 2021 AECO prices over $2, and this is okay for producers.
COMMENT
COMMENT
April 3, 2020
Natrual gas prices? The 2021 strip price for AECO is over $2. That will work for strong balance sheet producers like TOU, NVA (60% natural gas), and ARX.
TOP PICK
TOP PICK
March 24, 2020
The trophy name in Canada, the largest nat. gas producer. Their production of liquids is rising. They pay a 7.1% dividend yield. It's trading at its lowest valuation level ever. Great managers over the decades. They're generating free cash flow from their contracted gas, and with US revenues higher given the weaker Canadian dollar. He's been buying more shares recently.
Show full opinionHide full opinionThe trophy name in Canada, the largest nat. gas producer. Their production of liquids is rising. They pay a 7.1% dividend yield. It's trading at its lowest valuation level ever. Great managers over the decades. They're generating free cash flow from their contracted gas, and with US revenues higher given the weaker Canadian dollar. He's been buying more shares recently.
Tourmaline Oil Corp(TOU-T) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 7
Neutral - Hold Signals / Votes : 1
Bearish - Sell Signals / Votes : 4
Total Signals / Votes : 12
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, 12 stock analysts published opinions about TOU-T. 7 analysts recommended to BUY the stock. 4 analysts recommended to SELL the stock. The latest stock analyst recommendation is TOP PICK. 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 John Zechner on 2020-12-29. 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?
12 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 2021-01-15, Tourmaline Oil Corp (TOU-T) stock closed at a price of $21.05.
