How does TOU's PE Ratio compare to its peers?

TOU is expensive based on its Price-To-Earnings Ratio (15.7x) compared to the peer average (11.7x).

How does TOU's PE Ratio compare vs other companies in the CA Oil and Gas Industry?

TOU is expensive based on its Price-To-Earnings Ratio (15.7x) compared to the Canadian Oil and Gas industry average (10.8x).

What is TOU's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

TOU is good value based on its Price-To-Earnings Ratio (15.7x) compared to the estimated Fair Price-To-Earnings Ratio (19.8x).

What is the Fair Price of TOU when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

TOU (CA$65.64) is trading below our estimate of [[fair value]] (CA$79.59)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is less than 20% higher than the current share price.

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. More details

TOU fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	5/6
Past Performance	5/6
Financial Health	5/6
Dividends	2/6

Rewards

Trading at 17.5% below our estimate of its fair value

Earnings are forecast to grow 25.46% per year

Earnings grew by 54.9% over the past year

Risk Analysis

Significant insider selling over the past 3 months

Shareholders have been diluted in the past year

Dividend of 5.94% is not well covered by free cash flows

Community Narratives

Create a narrative

Narratives bring a range of perspectives from our community.

WarrenAI

Based on Analyst Price Targets

Critical Expansion And Innovation Set To Ignite Growth In The Energy Sector

Key Takeaways Strategic timing of operations to coincide with potential higher gas prices could boost revenue and earnings significantly. Expansion and investment in production capacity and low-emission technologies are aimed at optimizing cash flow and enhancing profitability.

View narrative

CA$77.53

15.3% undervalued

26.56%

Revenue growth p.a.

Updated

Tourmaline Oil Corp. Competitors

ARC Resources

TSX:ARX

CA$15.3b

Strathcona Resources

TSX:SCR

CA$6.8b

MEG Energy

TSX:MEG

CA$6.5b

Canadian Natural Resources

TSX:CNQ

CA$98.6b

Price History & Performance

Summary of all time highs, changes and price drops for Tourmaline Oil
Historical stock prices
Current Share Price	CA$65.64
52 Week High	CA$69.25
52 Week Low	CA$53.45
Beta	1.28
11 Month Change	1.75%
3 Month Change	6.14%
1 Year Change	0.47%
33 Year Change	60.41%
5 Year Change	410.02%
Change since IPO	217.87%

Tourmaline Oil's (TSE:TOU) Profits Appear To Have Quality Issues

Nov 13

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

Shareholder Returns

	TOU	CA Oil and Gas	CA Market
7D	0.2%	-1.1%	1.3%
1Y	0.5%	16.8%	23.7%

Return vs Industry: TOU underperformed the Canadian Oil and Gas industry which returned 16.8% over the past year.

Return vs Market: TOU underperformed the Canadian Market which returned 23.7% over the past year.

Price Volatility

Is TOU's price volatile compared to industry and market?
TOU volatility
TOU Average Weekly Movement	3.9%
Oil and Gas Industry Average Movement	6.7%
Market Average Movement	8.4%
10% most volatile stocks in CA Market	17.5%
10% least volatile stocks in CA Market	3.0%

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

Volatility Over Time: TOU's weekly volatility (4%) 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$24.60b
Earnings (TTM)	CA$1.56b
Revenue (TTM)	CA$4.48b

15.7x

P/E Ratio

5.4x

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$4.48b
Cost of Revenue	CA$2.11b
Gross Profit	CA$2.37b
Other Expenses	CA$812.06m
Earnings	CA$1.56b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	4.19
Gross Margin	52.87%
Net Profit Margin	34.75%
Debt/Equity Ratio	9.9%

How did TOU perform over the long term?

See historical performance and comparison

Dividends

5.9%

Current Dividend Yield

28%

Payout Ratio

TOU Stock Overview

Rewards

Risk Analysis

Critical Expansion And Innovation Set To Ignite Growth In The Energy Sector

Tourmaline Oil Corp. Competitors

TSX:ARX

CA$15.3b

TSX:SCR

CA$6.8b

TSX:MEG

CA$6.5b

TSX:CNQ

CA$98.6b

Price History & Performance

Recent News & Updates

Tourmaline Oil Corp. has filed a Follow-on Equity Offering in the amount of CAD 241.86 million.

Tourmaline Oil's (TSE:TOU) Profits Appear To Have Quality Issues

Tourmaline Oil Corp. Appoints Travis Toews to the Board of Directors

Insider recently sold CA$4.4m worth of stock

Tourmaline Oil Corp. (TSX:TOU) completed the acquisition of Crew Energy Inc. (TSX:CR) from Equinox Partners LP, a fund managed by Equinox Partners Investment Management LLC and others.

Recent updates

Tourmaline Oil Corp. has filed a Follow-on Equity Offering in the amount of CAD 241.86 million.

Tourmaline Oil's (TSE:TOU) Profits Appear To Have Quality Issues

Tourmaline Oil Corp. Appoints Travis Toews to the Board of Directors

Insider recently sold CA$4.4m worth of stock

Tourmaline Oil Corp. (TSX:TOU) completed the acquisition of Crew Energy Inc. (TSX:CR) from Equinox Partners LP, a fund managed by Equinox Partners Investment Management LLC and others.

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

Upcoming dividend of CA$0.33 per share

Tourmaline Oil Corp. Declares Quarterly Dividend, Payable on September 27, 2024

Tourmaline Oil (TSE:TOU) Has Announced A Dividend Of CA$0.33

Tourmaline Oil (TSE:TOU) Is Due To Pay A Dividend Of CA$0.33

Tourmaline Oil Corp. (TSX:TOU) entered into an agreement to acquire Crew Energy Inc. (TSX:CR) from Equinox Partners LP, a fund managed by Equinox Partners Investment Management LLC and others for CAD 1.1 billion.

Dividend of CA$0.33 announced

Dividend of CA$0.50 announced

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

Tourmaline Oil Corp. Provides Production Guidance for the Third Quarter 2024 and Revised Production Guidance for the Full Year 2024

Tourmaline Oil's (TSE:TOU) Dividend Will Be CA$0.32

Upcoming dividend of CA$0.32 per share

Tourmaline Oil Corp. Declares Quarterly Cash Dividend, Payable on June 28, 2024

Tourmaline Oil Corp. announced that it expects to receive CAD 250 million in funding

Tourmaline Oil Corp. announced that it expects to receive CAD 250 million in funding

Tourmaline Oil (TSE:TOU) Is Due To Pay A Dividend Of CA$0.32

Tourmaline Oil Corp. announced that it expects to receive CAD 250 million in funding

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%