Tourmaline Oil Corp. (TSX:TOU)
Canada · Delayed Price · Currency is CAD | Market Cap | 26.67B +12.6% |
| Revenue (ttm) | 4.81B +9.6% |
| Net Income | 377.39M -74.7% |
| EPS | 0.96 -75.9% |
| Shares Out | 388.60M |
| PE Ratio | 71.15 |
| Forward PE | 13.00 |
| Dividend | 2.10 (3.06%) |
| Ex-Dividend Date | Dec 15, 2026 |
| Volume | 2,178,696 |
| Open | 68.25 |
| Previous Close | 68.00 |
| Day's Range | 67.95 - 69.19 |
| 52-Week Range | 57.95 - 70.57 |
| Beta | 0.40 |
| Analysts | Buy |
| Price Target | 71.25 (+3.8%) |
| Earnings Date | Nov 4, 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 22 analysts, the average rating for TOU stock is "Buy." The 12-month stock price target is $71.25, which is an increase of 3.80% from the latest price.
News
Tourmaline Oil price target lowered to C$73 from C$76 at Scotiabank
Scotiabank analyst Chris MacCulloch lowered the firm’s price target on Tourmaline Oil (TRMLF) to C$73 from C$76 and keeps an Outperform rating on the shares.
Bullish Two Hundred Day Moving Average Cross - TOU
In trading on Monday, shares of Tourmaline Oil Corp (TSX: TOU.TO) crossed above their 200 day moving average of $62.59, changing hands as high as $63.54 per share. Tourmaline Oil Corp shares are curre...
Tourmaline Oil downgraded to Sell from Buy at Goldman Sachs
Goldman Sachs downgraded Tourmaline Oil (TRMLF) to Sell from Buy with a price target of C$49, down from C$59. The firm sees a challenging Western Canadian natural gas macro environment…
Tourmaline Oil price target lowered to C$69 from C$70 at Raymond James
Raymond James lowered the firm’s price target on Tourmaline Oil (TRMLF) to C$69 from C$70 and keeps a Market Perform rating on the shares.
Tourmaline Oil management to meet with Jefferies
Energy Analyst Sam Burwell holds a meeting with management in New York on September 9 hosted by Jefferies.
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 MD&A: Q2 2026
Tourmaline Oil filed a regulatory document on July 30, 2026 disclosing important business information.
Tourmaline Oil Report: Q2 2026
Tourmaline Oil published a report on July 30, 2026 containing material business information for investors and shareholders.
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 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 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 Report: Q1 2026
Tourmaline Oil published a report on May 7, 2026 containing material business information for investors and shareholders.
Tourmaline Oil MD&A: Q1 2026
Tourmaline Oil filed a regulatory document on May 7, 2026 disclosing important business information.
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.