Tourmaline Oil (TSX:TOU) - Stock Price, News & Analysis

TOU Stock Overview

Explores for and develops oil and natural gas properties in the Western Canadian Sedimentary Basin.

TOU fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	4/6
Past Performance	2/6
Financial Health	4/6
Dividends	3/6

Rewards

Trading at 53.9% below our estimate of its fair value

Earnings are forecast to grow 23.01% per year

Risk Analysis

Profit margins (35.8%) are lower than last year (60.3%)

Dividend of 7.89% is not well covered by cash flows

Shareholders have been diluted in the past year

Tourmaline Oil Corp. Competitors

ARC Resources

TSX:ARX

CA$15.3b

MEG Energy

TSX:MEG

CA$8.3b

Veren

TSX:VRN

CA$7.4b

Strathcona Resources

TSX:SCR

CA$6.9b

Price History & Performance

Summary of all time highs, changes and price drops for Tourmaline Oil
Historical stock prices
Current Share Price	CA$65.92
52 Week High	CA$74.21
52 Week Low	CA$53.45
Beta	1.39
1 Month Change	1.09%
3 Month Change	15.18%
1 Year Change	11.00%
3 Year Change	129.45%
5 Year Change	271.80%
Change since IPO	219.23%

Is Tourmaline Oil (TSE:TOU) Using Too Much Debt?

May 02

Recent updates

An Intrinsic Calculation For Tourmaline Oil Corp. (TSE:TOU) Suggests It's 44% Undervalued

Nov 14

Tourmaline Oil (TSE:TOU) Seems To Use Debt Quite Sensibly

Oct 06

A Look At The Fair Value Of Tourmaline Oil Corp. (TSE:TOU)

Aug 09

Tourmaline Oil Corp. (TSE:TOU) Analysts Just Slashed This Year's Estimates

May 05

If EPS Growth Is Important To You, Tourmaline Oil (TSE:TOU) Presents An Opportunity

Apr 24

Is Tourmaline Oil (TSE:TOU) Using Too Much Debt?

Mar 26

Tourmaline Oil Corp.'s (TSE:TOU) Intrinsic Value Is Potentially 42% Above Its Share Price

Jan 30

With EPS Growth And More, Tourmaline Oil (TSE:TOU) Makes An Interesting Case

Jan 16

Is Tourmaline Oil (TSE:TOU) Using Too Much Debt?

Dec 18

With EPS Growth And More, Tourmaline Oil (TSE:TOU) Makes An Interesting Case

Oct 11

An Intrinsic Calculation For Tourmaline Oil Corp. (TSE:TOU) Suggests It's 22% Undervalued

Sep 13

These 4 Measures Indicate That Tourmaline Oil (TSE:TOU) Is Using Debt Safely

Aug 31

New Forecasts: Here's What Analysts Think The Future Holds For Tourmaline Oil Corp. (TSE:TOU)

Aug 03

Shareholder Returns

	TOU	CA Oil and Gas	CA Market
7D	-2.2%	-1.1%	0.4%
1Y	11.0%	21.9%	10.1%

Return vs Industry: TOU underperformed the Canadian Oil and Gas industry which returned 21.9% over the past year.

Return vs Market: TOU matched the Canadian Market which returned 10.1% over the past year.

Price Volatility

Is TOU's price volatile compared to industry and market?
TOU volatility
TOU Average Weekly Movement	3.4%
Oil and Gas Industry Average Movement	6.6%
Market Average Movement	8.8%
10% most volatile stocks in CA Market	17.9%
10% least volatile stocks in CA Market	3.0%

Stable Share Price: TOU has not had significant price volatility in the past 3 months.

Volatility Over Time: TOU's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2008	389	Mike Rose	www.tourmalineoil.com

Tourmaline Oil Corp. explores for and develops oil and natural gas properties in the Western Canadian Sedimentary Basin. The company holds interests in properties located in the Alberta Deep Basin, Northeast British Columbia Montney, and the Peace River High Triassic oil complex. Tourmaline Oil Corp. was incorporated in 2008 and is headquartered in Calgary, Canada.

Tourmaline Oil Corp. Fundamentals Summary

How do Tourmaline Oil's earnings and revenue compare to its market cap?
TOU fundamental statistics
Market cap	CA$23.11b
Earnings (TTM)	CA$1.73b
Revenue (TTM)	CA$4.84b

13.4x

P/E Ratio

4.8x

P/S Ratio

Is TOU overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TOU income statement (TTM)
Revenue	CA$4.84b
Cost of Revenue	CA$1.95b
Gross Profit	CA$2.88b
Other Expenses	CA$1.15b
Earnings	CA$1.73b

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	4.92
Gross Margin	59.62%
Net Profit Margin	35.78%
Debt/Equity Ratio	9.4%

How did TOU perform over the long term?

See historical performance and comparison

Dividends

7.9%

Current Dividend Yield

22%

Payout Ratio

Does TOU pay a reliable dividends?

See TOU dividend history and benchmarks

When do you need to buy TOU by to receive an upcoming dividend?
Tourmaline Oil dividend dates
Ex Dividend Date	Jun 14 2024
Dividend Pay Date	Jun 28 2024
Days until Ex dividend	28 days
Days until Dividend pay date	42 days

Does TOU pay a reliable dividends?

See TOU dividend history and benchmarks

TOU Stock Overview

Rewards

Risk Analysis

Tourmaline Oil Corp. Competitors

TSX:ARX

CA$15.3b

TSX:MEG

CA$8.3b

TSX:VRN

CA$7.4b

TSX:SCR

CA$6.9b

Price History & Performance

Recent News & Updates

Dividend of CA$0.32 announced

Chairman of the Board exercised options to buy CA$4.0m worth of stock.

Dividend of CA$0.50 announced

Tourmaline Oil Corp. to Report Q1, 2024 Results on May 01, 2024

First quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Is Tourmaline Oil (TSE:TOU) Using Too Much Debt?

Recent updates

Dividend of CA$0.32 announced

Chairman of the Board exercised options to buy CA$4.0m worth of stock.

Dividend of CA$0.50 announced

Tourmaline Oil Corp. to Report Q1, 2024 Results on May 01, 2024

First quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Is Tourmaline Oil (TSE:TOU) Using Too Much Debt?

Tourmaline Oil Corp. Approves an Increase to the Quarterly Base Dividend Effective Second Quarter 2024, Payable on June 28, 2024

Tourmaline Oil Corp., Annual General Meeting, Jun 05, 2024

Consensus EPS estimates fall by 15%

Dividend of CA$0.50 announced

Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Tourmaline Oil Corp. Declares Quarterly Base Dividend on Its Common Share Dividend, Payable on March 28, 2024

Estimating The Intrinsic Value Of Tourmaline Oil Corp. (TSE:TOU)

Chairman of the Board exercised options to buy CA$1.8m worth of stock.

Is Tourmaline Oil (TSE:TOU) Using Too Much Debt?

Tourmaline Oil Corp.'s (TSE:TOU) Share Price Matching Investor Opinion

Upcoming dividend of CA$0.28 per share at 11% yield

Tourmaline Oil Corp Declares Quarterly Cash Dividend, Payable on December 29, 2023

New minor risk - Shareholder dilution

Chairman of the Board exercised options to buy CA$2.0m worth of stock.

Tourmaline Oil Corp. (TSX:TOU) completed the acquisition of Bonavista Energy Corporation.

An Intrinsic Calculation For Tourmaline Oil Corp. (TSE:TOU) Suggests It's 44% Undervalued

Consensus EPS estimates fall by 18%

New minor risk - Profit margin trend

Third quarter 2023 earnings released: EPS: CA$0.81 (vs CA$6.23 in 3Q 2022)

Tourmaline Oil Corp. to Report Q3, 2023 Results on Nov 01, 2023

Tourmaline Oil Corp. Declares Fourth Quarter 2023 Special Dividend, Payable on November 1, 2023

Tourmaline Oil (TSE:TOU) Seems To Use Debt Quite Sensibly

Tourmaline Oil Corp. Declares A Quarterly Cash Dividend, Payable on September 29, 2023

Now 21% undervalued

A Look At The Fair Value Of Tourmaline Oil Corp. (TSE:TOU)

Second quarter 2023 earnings released: EPS: CA$1.51 (vs CA$5.20 in 2Q 2022)

Tourmaline Oil Corp. Declares a Quarterly Cash Dividend, Payable on June 30, 2023

Tourmaline Oil Corp. Provides an Update on Operations Impacted by Alberta Wildfires

First quarter 2023 earnings: EPS and revenues miss analyst expectations

Tourmaline Oil Corp. (TSE:TOU) Analysts Just Slashed This Year's Estimates

Consensus revenue estimates fall by 18%

Tourmaline Oil Corp. Elects to Increase the Quarterly Base Dividend Effective Second Quarter of 2023

Tourmaline Oil Corp. Declares to Pay Special Dividend, Payable on May 19, 2023

Consensus EPS estimates fall by 13%

If EPS Growth Is Important To You, Tourmaline Oil (TSE:TOU) Presents An Opportunity

Consensus EPS estimates fall by 13%

Consensus EPS estimates fall by 18%

Is Tourmaline Oil (TSE:TOU) Using Too Much Debt?

Upcoming dividend of CA$0.25 per share at 13% yield

Chairman of the Board recently bought CA$293k worth of stock

Full year 2022 earnings: EPS and revenues miss analyst expectations

Tourmaline Oil Corp.'s (TSE:TOU) Intrinsic Value Is Potentially 42% Above Its Share Price

Independent Director exercised options and sold CA$179k worth of stock

Chairman of the Board recently bought CA$336k worth of stock

With EPS Growth And More, Tourmaline Oil (TSE:TOU) Makes An Interesting Case

Tourmaline Oil Corp. Provides Production Guidance for the Year 2023

Chairman of the Board recently bought CA$686k worth of stock

Is Tourmaline Oil (TSE:TOU) Using Too Much Debt?

VP of Finance exercised options and sold CA$2.0m worth of stock

Now 21% undervalued

Consensus forecasts updated

Independent Director exercised options and sold CA$233k worth of stock

Now 22% undervalued