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Investor Insights

This summary was created by AI, based on 56 opinions in the last 12 months.

Tourmaline Oil Corp (TOU-T) is a well-managed natural gas company, known for its strong balance sheet and low cost production. The company has significant exposure to oil and liquids pricing and has been consistently increasing its dividends. Despite natural gas prices being low due to a warm winter, analysts see potential for growth in the long term, especially with the upcoming LNG Canada project. Overall, Tourmaline Oil Corp is considered a strong buy for investors seeking exposure to the natural gas sector.

Consensus
Buy
Valuation
Undervalued
BUY
Tourmaline Oil Corp

The price of natural gas has been low because of a warm winter. Tourmaline has a very good balance sheet and is a low cost producer. It has exposure to oil and liquids pricing, and he sees it as 1/2 gas and 1/2 oil. If you are looking for just oil stocks, stick with the big ones paying dividends. It could have been his top pick.

oil / gas
BUY
Tourmaline Oil Corp

Names to look at in the oil space, offering more torque or upside to the price of oil.

oil / gas
BUY
Tourmaline Oil Corp

Gas has been tremendously out of favour due to the warm winter. US policy has driven pricing down as well. Remarkably good producer. Earnings beat. Raised dividend by 7%. Reducing capex by 9%. Very solid reserve. 20% growth. Trades in line with peers. A good buy here.

oil / gas
BUY
Tourmaline Oil Corp

Very strong business model with excellent 4th quarter earnings report. Weakness in natural gas prices not a concern. Very low cost operator with excellent marketing and management team. Selling to California and Pacific US to realize higher pricing. Company able to realize global prices with creative marketing agreements. Reserves increasing at steady rate with 85% undeveloped. Canada's top natural gas producers. Stable dividend that consistently increases. Special dividend also adds to yield. LNG Canada will also help business mode. Excellent long term hold. 

oil / gas
WAIT
Tourmaline Oil Corp

Well run, strong company. But we're in a different market right now, where value won't perform as well as growth. If money's rotating out of your neighbourhood, you'll probably underperform. A place to be when energy pops.

oil / gas
TOP PICK
Tourmaline Oil Corp

Canada's top natural gas producer. CEO was voted top CEO of the year by the Financial Post and owns so many shares and doesn't take a salary. A great time to own this. Shares have been weak in recent months. He expects special dividends ahead and 15-17% total return even at current nat gas prices.

(Analysts’ price target is $77.88)
oil / gas
PAST TOP PICK
Tourmaline Oil Corp
(A Top Pick Nov 09/23, Down 8%)

Overall, excellent company with very strong leadership. Canada's #1 natural gas producer. Weak natural gas prices difficult, but overall a great business. Excellent assets that are best in class. LNG agreements will also allow more selling points (higher income). Recent Bonavista deal  very strong. Tax pools and hedging strategy also add to bottom line. Debt levels less than 1x cash flow (very good level). Dividends steady, and also pays a special dividend (~11%). Will continue to own shares. 

oil / gas
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
Showing 1 to 15 of 448 entries

Tourmaline Oil Corp(TOU-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 34

Neutral - Hold Signals / Votes : 5

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. 34 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 2024-03-28, Tourmaline Oil Corp (TOU-T) stock closed at a price of $63.15.