Tourmaline Oil Corp

TOU-T

Analysis and Opinions about TOU-T

Signal
Opinion
Expert
COMMENT
COMMENT
February 12, 2020

TOU is too high of a natural gas exposure for him. BIR is overspending their cash flow to fill a plant they invested in for the promise of free cash flow next year. If you believe the strip pricing next year, they will generate a 26% free cash flow yield. However, it is also natural gas related. He just thinks there are better buying opportunities from the over selling in the oil markets from the Corona virus.

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Tourmaline Oil Corp (TOU-T)
February 12, 2020

TOU is too high of a natural gas exposure for him. BIR is overspending their cash flow to fill a plant they invested in for the promise of free cash flow next year. If you believe the strip pricing next year, they will generate a 26% free cash flow yield. However, it is also natural gas related. He just thinks there are better buying opportunities from the over selling in the oil markets from the Corona virus.

DON'T BUY
DON'T BUY
February 12, 2020

He doesn't like the oil sector. Don't buy weakness in a strong market. Hard to make money in an unloved sector, oil. No uptick here. ESG and coronavirus are headwinds. CNQ or Suncor are the very top stocks in this sector and are the only serious considerations.

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Tourmaline Oil Corp (TOU-T)
February 12, 2020

He doesn't like the oil sector. Don't buy weakness in a strong market. Hard to make money in an unloved sector, oil. No uptick here. ESG and coronavirus are headwinds. CNQ or Suncor are the very top stocks in this sector and are the only serious considerations.

SELL
SELL
February 3, 2020
Canada is awash in Natural Gas. There is not enough pipeline capacity to get it to market. These companies are neglected by investors.
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Canada is awash in Natural Gas. There is not enough pipeline capacity to get it to market. These companies are neglected by investors.
BUY WEAKNESS
BUY WEAKNESS
January 24, 2020

He really likes this company, although he does not own it presently. Insiders have been buying regularly. They are generating excess cash flow and have plans to improve the balance sheet, buy back shares and perhaps raise the dividend later on. New facilities are coming on line and this will help bump up total production. A table pounding buy below $13. Book value is $28. A big LNG project on the west coast would benefit this company. Yield 3.5%

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He really likes this company, although he does not own it presently. Insiders have been buying regularly. They are generating excess cash flow and have plans to improve the balance sheet, buy back shares and perhaps raise the dividend later on. New facilities are coming on line and this will help bump up total production. A table pounding buy below $13. Book value is $28. A big LNG project on the west coast would benefit this company. Yield 3.5%

TOP PICK
TOP PICK
December 19, 2019
Management has big inside ownership. They monetized some of their infrastructure. It gives them liquidity to buy assets in other Nat gas names that remain very depressed. It is catalyst rich so there should be a robust pipeline of deals. (Analysts’ price target is $20.43)
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Tourmaline Oil Corp (TOU-T)
December 19, 2019
Management has big inside ownership. They monetized some of their infrastructure. It gives them liquidity to buy assets in other Nat gas names that remain very depressed. It is catalyst rich so there should be a robust pipeline of deals. (Analysts’ price target is $20.43)
BUY WEAKNESS
BUY WEAKNESS
November 21, 2019
It has a decent balance sheet. 7-8% dividend paid monthly. They don't have a debt problem. It might get hit by tax loss selling. They have a respected management team.
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Tourmaline Oil Corp (TOU-T)
November 21, 2019
It has a decent balance sheet. 7-8% dividend paid monthly. They don't have a debt problem. It might get hit by tax loss selling. They have a respected management team.
BUY
BUY
November 15, 2019
They were trading at values lower than reserve values. They are initiating their first share buyback this year. One analyst has a $26 price target for them. They are a big natural gas producer, and we are heading into a colder than normal winter outlook. When you can buy a quality company at these levels, where management is investing heavily themselves and it trades at 3 times cash flow, you can't go wrong.
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Tourmaline Oil Corp (TOU-T)
November 15, 2019
They were trading at values lower than reserve values. They are initiating their first share buyback this year. One analyst has a $26 price target for them. They are a big natural gas producer, and we are heading into a colder than normal winter outlook. When you can buy a quality company at these levels, where management is investing heavily themselves and it trades at 3 times cash flow, you can't go wrong.
COMMENT
COMMENT
October 11, 2019

Market Outlook TOU-T is planning to spin off some of their infrastructure into a royalty like offering, while retaining 80% of the value. Prior to this the stock was trading at all time lows and the market was giving zero value to the infrastructure they held. The company was trading at 3 times cash flow. The assets they are effectively selling are being valued at 9 times cash flow within the offering. This should remind people how undervalued this space is and there are self-adjusting opportunities that will "fix the funk" we see today. ARX-T has a similar 20% of its company in similar infrastructure. Once we get past the upcoming Federal election things should move forward. What a party says on the campaign trail and what happens in reality can be two very different things. The Liberals appear to support the TMX pipeline project in reality and it will ultimately get built, he says. 11% of our GDP in Canada comes from the energy sector.

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Market Outlook TOU-T is planning to spin off some of their infrastructure into a royalty like offering, while retaining 80% of the value. Prior to this the stock was trading at all time lows and the market was giving zero value to the infrastructure they held. The company was trading at 3 times cash flow. The assets they are effectively selling are being valued at 9 times cash flow within the offering. This should remind people how undervalued this space is and there are self-adjusting opportunities that will "fix the funk" we see today. ARX-T has a similar 20% of its company in similar infrastructure. Once we get past the upcoming Federal election things should move forward. What a party says on the campaign trail and what happens in reality can be two very different things. The Liberals appear to support the TMX pipeline project in reality and it will ultimately get built, he says. 11% of our GDP in Canada comes from the energy sector.

TOP PICK
TOP PICK
October 10, 2019
The biggest gas producer in Canada. 19% liquids. 4.5% yield. They are paying down debt from cash flow. (Analysts’ price target is $22.13)
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The biggest gas producer in Canada. 19% liquids. 4.5% yield. They are paying down debt from cash flow. (Analysts’ price target is $22.13)
SELL
SELL
October 2, 2019

In an RRSP If not sheltered, sell it. He has sold all his oil stocks, which face so many obstacles. 2019 will be the hardest year for Alberta oil with many operators going out of business. There's no solution to get our oil to the world. He supports moving away from fossil fuels. Jean Chretian once told him, "Too many economists, not enough engineering," meaning political policy and science do not work in synch when it comes to fossil and renewables. We should focus more on science to get greener (buildings, transit, rails).

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In an RRSP If not sheltered, sell it. He has sold all his oil stocks, which face so many obstacles. 2019 will be the hardest year for Alberta oil with many operators going out of business. There's no solution to get our oil to the world. He supports moving away from fossil fuels. Jean Chretian once told him, "Too many economists, not enough engineering," meaning political policy and science do not work in synch when it comes to fossil and renewables. We should focus more on science to get greener (buildings, transit, rails).

HOLD
HOLD
September 13, 2019
They are making the transition from moving from dry natural gas into more liquids. The market has not bought into it yet. At these commodity prices the liquids business is cash flow positive and in two years time it should be trading at 2 times cash flow. Very well run company producing close to 300,000 boed. (Analysts’ price target is $23.00)
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Tourmaline Oil Corp (TOU-T)
September 13, 2019
They are making the transition from moving from dry natural gas into more liquids. The market has not bought into it yet. At these commodity prices the liquids business is cash flow positive and in two years time it should be trading at 2 times cash flow. Very well run company producing close to 300,000 boed. (Analysts’ price target is $23.00)
DON'T BUY
DON'T BUY
September 4, 2019

Trading at half book value! She has not held any Canadian oil & gas producers over the past two years. Takeaway issues and LNG projects need to be resolved first. Show would not recommend it.

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Tourmaline Oil Corp (TOU-T)
September 4, 2019

Trading at half book value! She has not held any Canadian oil & gas producers over the past two years. Takeaway issues and LNG projects need to be resolved first. Show would not recommend it.

DON'T BUY
DON'T BUY
August 20, 2019

Well-managed that's executed as they promised, but the stock has been destroyed. Good balance sheet and pays a small dividend, but the bottom line is: nobody wants Canadian energy. This may change, though. By the time their LNG projects are built in two years, the tide could change.

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Well-managed that's executed as they promised, but the stock has been destroyed. Good balance sheet and pays a small dividend, but the bottom line is: nobody wants Canadian energy. This may change, though. By the time their LNG projects are built in two years, the tide could change.

PARTIAL BUY
PARTIAL BUY
July 24, 2019
A well managed company and he is looking to purchase it soon. He would consider it a hold and maybe adding to a position at this point.
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A well managed company and he is looking to purchase it soon. He would consider it a hold and maybe adding to a position at this point.
PAST TOP PICK
PAST TOP PICK
July 17, 2019
(A Top Pick Sep 28/18, Down 22%) A core holding that is liquids rich as a natural gas producer. The second largest natural gas producer in Canada, producing over 300,000 barrels per day equivalent. They are keeping natural gas production flat, buy growing the liquids output by over 30% this year. This will generate improved cash flow.
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(A Top Pick Sep 28/18, Down 22%) A core holding that is liquids rich as a natural gas producer. The second largest natural gas producer in Canada, producing over 300,000 barrels per day equivalent. They are keeping natural gas production flat, buy growing the liquids output by over 30% this year. This will generate improved cash flow.
Showing 1 to 15 of 284 entries

Tourmaline Oil Corp(TOU-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 6

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 5

Total Signals / Votes : 12

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, 12 stock analysts published opinions about TOU-T. 6 analysts recommended to BUY the stock. 5 analysts recommended to SELL the stock. The latest stock analyst recommendation is DON'T BUY. 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 David Burrows on 2020-02-12. 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 2020-02-27, Tourmaline Oil Corp (TOU-T) stock closed at a price of $11.33.