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

TSE:TOU

43.83

0.96 (2.24%) 1d

Showing 1 to 15 of 323 entries

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

TOP PICK

Going through a major metamorphosis. Just raised dividend, plus a special dividend. They expect 2.5B in free cashflow next year, up from 1.6B this year. They want to return most free cash to shareholders. Balance sheet reformed, putting them in a strong position going forward. A sector that could have quite a good winter. Yield is 1.67%. (Analysts’ price target is $51.65)

oil / gas

TOP PICK

Natural gas is finally looking good. Fabulous balance sheet. Top-tier operator and capital allocator. Significant free cashflow, which can make its way to shareholders. Not expensive. Relatively unhedged. He sees 27% production growth and 66% cashflow per share growth. Score some nice points for the next 12-24 months. Yield is 1.66%. (Analysts’ price target is $49.05)

oil / gas

BUY

10.5B market cap. While it has oil, a lot of the upside for the stock comes from gas. Sale of their small holding of Topaz has also helped them. Could see a special dividend from the proceeds. A shareholder friendly company that bumps up the dividend over time. Low finding and drilling costs.

oil / gas

TOP PICK

Not an oil company. Rather, it's the best natural gas stock in North America with fine assets in the Montney and Alberta. Boasts a great balance sheet and reducing its debt that could lead to more exploration. It's the best way to play California's nat gas market, which has been mismanaged by CA's governor and leading to blackouts. It has potential LNG exposure, too. Pays a nice yield. Nat gas is the best commodity performer. (Analysts’ price target is $47.25)

oil / gas

PAST TOP PICK

(A Top Pick Nov 18/20, Up 78%) Long-term valuation, despite the huge share run-up, is still cheap. Natural gas is the one energy source that's favoured by anyone who hates carbon. Still likes this.

oil / gas

BUY

He owns its peers. He likes the natural gas space. TOU stands out. The U.S. is increasing its exports. Events like last winter's storm drives demand. TOU will do good for investors in the next few years. [Note: audio problems]

oil / gas

TOP PICK

Best natural gas play in North America and one of the best oil and gas producer. Has the best land positions in BC and Alberta. Best balance sheet and management. A major beneficiary of increasing natural gas demand from California. LNG will be a great play for them. If you own one energy producer, own Tourmaline. (Analysts’ price target is $46.42)

oil / gas

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TOP PICK

Stockchase Research Editor: Michael O'Reilly TOU is well positioned for a continuation of energy price stabilization. It trades at 11x earnings, compared to peers at 29x. It is presently valued at under 1.5x book value and has a PEG ratio of 1.3 -- indicating analyst views of earnings growth. It pays a decent dividend backed by a payout ratio of under 25%. It has an interesting short position battle going on that might yield some explosive short covering in the days ahead. We would buy this with a stop loss at $26, looking to achieve $43.50 -- upside potential over 25%. Yield 1.87% (Analysts’ price target is $43.50)

oil / gas

BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The Black Swan deal is a good acquisition. It makes the company the fastest growing producer. It will move around 500,000 boe per day next year.The deal adds more than $300M in debt but the balance sheet remains fine. Unlock Premium - Try 5i Free

oil / gas

BUY

Exceptionally well run. Hit all its landmarks. Loves it. Pure play, best of class. Owns TPZ instead, a spinoff of TOU and which it still has a stake in.

oil / gas

PARTIAL BUY

A spectacular company. Strong return on capital, monetized mid-stream and strong alignment. However, it is more natural gas. He is more excited with the oil story than natural gas. Good name for gas but looking for oil right now.

oil / gas

PAST TOP PICK

(A Top Pick May 29/20, Up 120%) Likes it still.

oil / gas

TOP PICK

Extremely low production costs. Huge free cashflow, which can be used to crank up the dividend and reduce debt. Sales are up 66%. Really positive on the company. Yield is 2.20%. (Analysts’ price target is $36.00)

oil / gas

Showing 1 to 15 of 323 entries

Tourmaline Oil Corp(TOU-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 16

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 17

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, 17 stock analysts published opinions about TOU-T. 16 analysts recommended to BUY the stock. 1 analyst 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?

17 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 2021-09-24, Tourmaline Oil Corp (TOU-T) stock closed at a price of $43.83.

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