Tourmaline Oil Corp. (TSX:TOU)
Canada · Delayed Price · Currency is CAD | Market Cap | 23.37B +4.2% |
| Revenue (ttm) | 4.81B +9.6% |
| Net Income | 377.39M -74.7% |
| EPS | 0.96 -75.9% |
| Shares Out | 388.60M |
| PE Ratio | 62.35 |
| Forward PE | 15.06 |
| Dividend | 2.00 (3.38%) |
| Ex-Dividend Date | Sep 15, 2026 |
| Volume | 1,693,807 |
| Open | 59.60 |
| Previous Close | 59.15 |
| Day's Range | 59.52 - 60.34 |
| 52-Week Range | 56.72 - 70.57 |
| Beta | 0.25 |
| Analysts | Buy |
| Price Target | 70.45 (+17.12%) |
| Earnings Date | Jul 29, 2026 |
About Tourmaline Oil
Tourmaline Oil Corp. engages in the acquisition, exploration, development, and production of petroleum 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. [Read more]
Financial Performance
In 2025, Tourmaline Oil's revenue was 4.59 billion, an increase of 5.42% compared to the previous year's 4.35 billion. Earnings were 262.67 million, a decrease of -79.22%.
Financial StatementsAnalyst Summary
According to 21 analysts, the average rating for TOU stock is "Buy." The 12-month stock price target is $70.45, which is an increase of 17.12% from the latest price.
News
Tourmaline Oil Q2 Earnings Call Highlights
Tourmaline Oil TSE: TOU reported second-quarter cash flow of C$786 million and free cash flow of C$192 million, while outlining a one-year pause between the first and second phases of its northeastern...
Tourmaline Oil Earnings Call Transcript: Q2 2026
Q2 2026 saw strong cash flow, continued well outperformance, and strategic infrastructure progress. Production was slightly below guidance due to storage injections and price-driven deferrals, but full-year targets remain unchanged. Dividend increase and capital discipline are prioritized as free cash flow grows.
Tourmaline Oil Registration statement: Q2 2026
Tourmaline Oil filed a registration statement on July 30, 2026, providing details about a securities offering with the SEC.
Tourmaline Oil Registration statement: Q2 2026
Tourmaline Oil filed a registration statement on July 30, 2026, providing details about a securities offering with the SEC.
Tourmaline Oil Earnings release: Q2 2026
Tourmaline Oil released its Q2 2026 earnings on July 30, 2026, summarizing the period's financial results.
Tourmaline Oil Slides: Q2 2026
Tourmaline Oil has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on July 30, 2026.
Tourmaline Oil Corp. Reveals Fall In Q2 Income
(RTTNews) - Tourmaline Oil Corp. (TOU.TO) reported a profit for second quarter that Dropped, from last year
Tourmaline Oil price target lowered to C$76 from C$77 at Scotiabank
Scotiabank analyst Chris MacCulloch lowered the firm’s price target on Tourmaline Oil (TRMLF) to C$76 from C$77 and keeps an Outperform rating on the shares.
Tourmaline Oil (TRMLF) Joins ClearBridge Canadian Equity Strategy in Q2 Moves
Tourmaline Oil (TRMLF) Joins ClearBridge Canadian Equity Strategy in Q2 Moves
Tourmaline Oil price target raised to C$72.50 from C$70 at CIBC
CIBC raised the firm’s price target on Tourmaline Oil (TRMLF) to C$72.50 from C$70 and keeps an Outperformer rating on the shares.
Tourmaline Oil price target lowered to C$65 from C$70 at Morgan Stanley
Morgan Stanley lowered the firm’s price target on Tourmaline Oil (TRMLF) to C$65 from C$70 and keeps an Equal Weight rating on the shares. Since the U.S. and Iran announced…
Tourmaline Oil assumed with an Outperform at Scotiabank
Scotiabank assumed coverage of Tourmaline Oil (TRMLF) with an Outperform rating and C$77 price target Although Canadian oil and gas equities have materially outperformed year-to-date, the firm continu...
Tourmaline Oil Earnings Call Transcript: Q1 2026
Record Q1 2026 production and strong earnings were achieved, with improved free cash flow outlooks for 2026 and 2027. Capital discipline, robust well performance, and strategic hedging offset weak gas prices, while LNG-linked contracts and NGL pricing are expected to further boost results.
Tourmaline Oil Earnings release: Q1 2026
Tourmaline Oil released its Q1 2026 earnings on May 7, 2026, summarizing the period's financial results.
Tourmaline Oil Slides: Q1 2026
Tourmaline Oil has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on May 7, 2026.
Tourmaline Oil Registration statement: Q1 2026
Tourmaline Oil filed a registration statement on May 7, 2026, providing details about a securities offering with the SEC.
Tourmaline Oil downgraded to Market Perform from Outperform at BMO Capital
BMO Capital analyst Randy Ollenberger downgraded Tourmaline Oil (TRMLF) to Market Perform from Outperform with a price target of C$70, up from C$67. The firm sees limited room for further…
Tourmaline Oil downgraded to Hold from Buy at Canaccord
Canaccord analyst Mike Mueller downgraded Tourmaline Oil (TRMLF) to Hold from Buy with an unchanged price target of C$70. The firm views the shares as fairly valued. Published first on…
Tourmaline Oil price target raised to C$76 from C$72 at Raymond James
Raymond James raised the firm’s price target on Tourmaline Oil (TRMLF) to C$76 from C$72 and keeps a Market Perform rating on the shares.
Tourmaline Oil price target raised to C$70 from C$65 at Morgan Stanley
Morgan Stanley raised the firm’s price target on Tourmaline Oil (TRMLF) to C$70 from C$65 and keeps an Equal Weight rating on the shares. Oil, LNG and refining margins have…
Tourmaline Oil price target raised to C$74 from C$70 at Desjardins
Desjardins raised the firm’s price target on Tourmaline Oil (TRMLF) to C$74 from C$70 and keeps a Buy rating on the shares.
Tourmaline Oil price target raised to C$67 from C$66 at CIBC
CIBC raised the firm’s price target on Tourmaline Oil (TRMLF) to C$67 from C$66 and keeps an Outperformer rating on the shares.
Tourmaline Oil price target lowered to C$68 from C$72 at RBC Capital
RBC Capital analyst Michael Harvey lowered the firm’s price target on Tourmaline Oil (TRMLF) to C$68 from C$72 and keeps an Outperform rating on the shares.
Tourmaline Oil Earnings Call Transcript: Q4 2025
Record production and reserves growth in 2025, with significant cost reductions and a major asset sale lowering net debt. 2026 CapEx and OpEx are reduced, with flexibility to defer further spending if gas prices remain weak. Dividend maintained, with special dividends contingent on stronger pricing.
Tourmaline Oil Earnings release: Q4 2025
Tourmaline Oil released its Q4 2025 earnings on March 5, 2026, summarizing the period's financial results.