Buy, Sell or Hold: Tourmaline Oil Corp (TOU-T) — Stock Predictions at Stockchase

TSE:TOU

43.43

0.57 (1.30%) 1d

Showing 1 to 15 of 336 entries

TOP PICK

Believes company stock price has further room to grow. Best managed company in natural gas business. Sells a lot of natural gas into California market at a premium. Believes natural gas prices will remain strong (reduced drilling and growing economy). Additional dividend payouts and share buybacks are great for shareholders.

oil / gas

BUY

A nat gas play, and prices have come down recently. Trades at 3x, compared to peers at 4x. 22% free cash yield. Very cheap, decent production profile, decent cashflow per share, excellent balance sheet. Positive cash into 2023. Target of around $76. You can buy it right here, right now.

oil / gas

PAST TOP PICK

(A Top Pick Dec 29/20, Up 148%) Believes Mike Rose has done tremendous job running the company. Company buying lots of stock back. Lots of free cash flow. Balance sheet is very solid and has a low valuation. Premium company in the Canadian natural gas sector.

oil / gas

BUY

Natural gas prices are being pressured due to a lack of cold weather this time of year. Rest of year forecasts, however, call for colder than normal weather. It is a very strong operator, well positioned in the natural gas space. It has shifted from mid-cap to larger investors. With years of underinvestment, they feel the sector has room for further improvement despite the recent run up in equity prices. A lot of cash flow should be coming. They like it here and own quite a lot.

oil / gas

DON'T BUY

Gas name. Ability to return capital to shareholder is limited due to the warmer weather. Decided to do a variable dividend that he does not like. Cannot value what you cannot model. Trading at a premium to the group. Would put a 6x multiple.

oil / gas

PAST TOP PICK

(A Top Pick Nov 13/20, Up 166%) Would buy again. Like many energy companies, it is no more expensive than where they were a year ago. Energy prices and natural gas in particular has moved up. The improved cashflow is now used to right balance sheets, pay dividends and other shareholder friendly moves. Great price momentum with 5x EBITDA which is still reasonable.

oil / gas

BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The company has an excellent management team with a history of good growth. Growth remains good and the balance sheet is good. Can own this throughout an energy cycle. More gas focused. Unlock Premium - Try 5i Free

oil / gas

PAST TOP PICK

(A Top Pick Dec 29/20, Up 168%) Pristine balance sheet. Great operators. Valuation is 4x operating cashflow. The Cadillac play of the sector.

oil / gas

COMMENT

Outlook for natural gas is strong going into the new year. A name you could look at.

oil / gas

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TOP PICK

Stockchase Research Editor: MIchael O'Reilly TOU continues to be well positioned for a continuation of energy price stabilization and is reiterated as a TOP PICK. It trades at 8x earnings, compared to peers at 36x. It is presently valued at under 1.5x book value. The company has consistently paid the (growing quarterly dividend over the past three years and it is backed by a payout ratio under 20% of cash flow We recommend trailing up the stop to $39 (from $34 as previously recommended), looking to achieve $54 -- upside potential over 16%. Yield 1.49% (Analysts’ price target is $53.54)

oil / gas

PAST TOP PICK

(A Top Pick Oct 16/20, Up 169%) More bullish on oil than gas. With strip gas, they are well positioned to profit. If you want gas, this is a good play. He prefers Arx for gas with conduit but for a pure gas play, this name is a good choice.

oil / gas

PAST TOP PICK

(A Top Pick Nov 18/20, Up 155%) Still bullish for energy going into 2022. FMV based on 2022 earnings would be another 100% up from here, though not guaranteed of course. Don't sell right now.

oil / gas

PAST TOP PICK

(A Top Pick Dec 29/20, Up 170%) They are great operators. The balance sheet is in great shape. They did smart acquisitions. Everyone is starting to discover this name. It is still a decent valuation.

oil / gas

COMMENT

Doing exactly what he hoped the sector would do. Will see meaningful return of capital. Benefitted from spinning out Topaz. Has checked off a lot of the boxes. 63% upside is the current projection. Committed to base and special dividends.

oil / gas

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PAST TOP PICK

(A Top Pick Jul 21/21, Up 28.1%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with TOU is progressing well. It has achieved its $43.50 objective. To remain disciplined, we recommend covering half the position here and trailing up the stop to $34 -- just above the original recommended entry level.

oil / gas

Showing 1 to 15 of 336 entries

Tourmaline Oil Corp(TOU-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 21

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 2

Total Signals / Votes : 23

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, 23 stock analysts published opinions about TOU-T. 21 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?

23 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 2022-01-24, Tourmaline Oil Corp (TOU-T) stock closed at a price of $43.43.

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