Tourmaline Oil Corp. is a Canadian oil and natural gas exploration and production company. Tourmaline started operations in 2008 and is focused on long-term growth through an aggressive exploration, development, production and acquisition program in the western Canadian sedimentary basin.
With a transportation infrastructure in three core long-term growth areas – the Alberta Deep Basin, the Northeast British Columbia (NEBC) Montney complex and the Peace River Triassic Oil complex - Tourmaline is well-positioned to grow in these three core long-term growth areas.
Management believes Tourmaline has a number of competitive advantages that management expects will help the Company successfully execute its long-term business strategy including:
Tourmaline Stock Details
- Ticker: tse:tou
- Sector: Energy
- Industry: Oil & Gas E&P
- Market Cap: 21.46B
- Market Cap Group: Large Cap
- P/E: 12.18
- Dividend Yield: 1.96%
- Grade: B
- Dividend Aristocrat: YES
- Chowder Score: Members Only
- Revenue Growth: Members Only
- Dividend Growth: Members Only
- Dividend Growth Fit: 8/10
- Dividend Income Fit: 3/10
TOU Industry Competitors
The competitive landscape is important as they compete for the same business. Below is the list of competitors in the same industry. While not displayed, a number of metrics you can also use to evaluate your picks are the Chowder Score, the Relative Strength Index (RSI), the Graham Number, and the Piotroski F-Score.
| Ticker | Ticker | Company | Market Cap | P/E | Yield | Aristocrat | Graph | SectorID | IndustryID |
|---|---|---|---|---|---|---|---|---|---|
| COP | NYSE:COP | ConocoPhillips | 132.93 | 12.47 | 2.05 | NO | 1 | 5 | 69 |
| CNQ | TSE:CNQ | Canadian Natural Resources | 103.63 | 12.93 | 4.34 | YES | 1 | 5 | 69 |
| EOG | NYSE:EOG | EOG Resources, Inc. | 68.86 | 9.14 | 3.07 | NO | 1 | 5 | 69 |
| OXY | NYSE:OXY | Occidental Petroleum Corporation | 53.47 | 15.48 | 1.45 | NO | 1 | 5 | 69 |
| TOU | TSE:TOU | Tourmaline Oil | 21.46 | 12.18 | 1.96 | YES | 1 | 5 | 69 |
| OVV | TSE:OVV | Ovintiv | 18.11 | 6.28 | 2.42 | NO | 1 | 5 | 69 |
| ARX | TSE:ARX | Arc Resources | 14.01 | 8.96 | 2.90 | NO | 1 | 5 | 69 |
| MUR | NYSE:MUR | Murphy Oil Corporation | 6.28 | 9.72 | 2.92 | NO | 1 | 5 | 69 |
| CPG | TSE:CPG | Crescent Point Energy | 6.27 | 6.94 | 4.55 | NO | 1 | 5 | 69 |
| PSK | TSE:PSK | PrairieSky Royalty | 5.82 | 25.57 | 4.11 | NO | 1 | 5 | 69 |
| WCP | TSE:WCP | Whitecap Resources | 5.73 | 6.56 | 7.62 | NO | 1 | 5 | 69 |
| ERF | TSE:ERF | Enerplus Corporation | 4.90 | 8.51 | 1.46 | NO | 1 | 5 | 69 |
| PEY | TSE:PEY | Peyto Exploration & Development Corp. | 2.88 | 8.25 | 8.89 | NO | 1 | 5 | 69 |
| VET | TSE:VET | Vermillion Energy | 2.40 | 2.79 | 2.69 | NO | 1 | 5 | 69 |
| FRU | TSE:FRU | Freehold Royalties | 2.11 | 16.02 | 7.73 | NO | 1 | 5 | 69 |
| BNE | TSE:BNE | Bonterra Energy | 0.22 | 4.81 | 0.00 | NO | 1 | 5 | 69 |
Tourmaline Oil - FAQ
What is the stock ticker for Tourmaline Oil?
The stock ticker for Tourmaline Oil is TSE:TOU.
Is Tourmaline Oil a good stock to buy?
You need to consider your investment strategy and how TSE:TOU can fit in your portfolio.
The current dividend income score of 3/10 and dividend growth score of 8/10. Those 2 metrics together should help you decide the fit for your portfolio. Be it for income or for growth.
Is Tourmaline Oil a Buy, Sell or Hold?
The Dividend Snapshot Opportunity Score of 61 out of 100.
The score reflects the strength of a buy signal but it does not show a sell signal if it's low. The higher the better.
A sell signal is more difficult as it often relies on the reason you bought the stock in the first place.
How can I buy stocks for Tourmaline Oil?
You can easily buy the TOU stock with an online trading platform.
Just make sure the stock fits your risk profile and investment goals.