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OTCMKTS:TRMLF

Tourmaline Oil (TRMLF) Stock Price, News & Analysis

$44.43
+0.08 (+0.18%)
(As of 09/6/2024 ET)
Today's Range
$44.27
$44.57
50-Day Range
$40.48
$46.95
52-Week Range
$36.93
$53.91
Volume
20,830 shs
Average Volume
49,306 shs
Market Capitalization
$15.66 billion
P/E Ratio
12.04
Dividend Yield
2.12%
Price Target
N/A

Tourmaline Oil MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Bearish
6.58% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.00mentions of Tourmaline Oil in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.01 out of 5 stars

TRMLF stock logo

About Tourmaline Oil Stock (OTCMKTS:TRMLF)

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.

TRMLF Stock Price History

TRMLF Stock News Headlines

Tourmaline Oil Corp. stock rises Friday, outperforms market
⭕ [URGENT] Buy Alert just triggered
My absolute favorite stock just hit a critical "buy now" trigger price.
⭕ [URGENT] Buy Alert just triggered
My absolute favorite stock just hit a critical "buy now" trigger price.
Tourmaline Oil's (TSE:TOU) Dividend Will Be CA$0.32
See More Headlines
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Company Calendar

Last Earnings
7/31/2024
Ex-Dividend for 8/21 Dividend
8/09/2024
Dividend Payable
8/21/2024
Today
9/07/2024
Ex-Dividend for 9/27 Dividend
9/13/2024
Dividend Payable
9/27/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
N/A
Sub-Industry
N/A
Current Symbol
OTCMKTS:TRMLF
CIK
N/A
Fax
N/A
Employees
389
Year Founded
N/A

Profitability

Net Income
$1.29 billion
Pretax Margin
36.21%

Debt

Sales & Book Value

Annual Sales
$4.97 billion
Cash Flow
$6.47 per share
Book Value
$29.55 per share

Miscellaneous

Free Float
N/A
Market Cap
$15.66 billion
Optionable
Not Optionable
Beta
N/A
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Key Executives

  • Mr. Michael L. Rose P.Geol (Age 66)
    Chairman of the Board, President & CEO
    Comp: $3.42M
  • Mr. Brian G. Robinson (Age 67)
    CFO & Non-Independent Director
    Comp: $1.65M
  • Mr. Earl Henry McKinnon
    Chief Operating Officer
  • Ms. Sherra Aspin
    Vice President of Marketing
  • Mr. Colin Joel Frostad
    Vice President of Exploration
  • Mr. William Scott Kirker
    Chief Legal Officer & External Affairs
  • Ms. Katie Beck
    General Counsel & Corporate Secretary

Should I Buy Tourmaline Oil Stock? TRMLF Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Tourmaline Oil Corp.:

  • Tourmaline Oil Corp. has recently increased its dividend payout, offering a higher yield of 3.29% compared to its previous dividend of $0.23, indicating potential for increased returns for investors.
  • Analysts at Royal Bank of Canada upgraded Tourmaline Oil to a "moderate buy" rating, suggesting positive growth prospects for the company.
  • Tourmaline Oil's stock price has shown resilience, trading at $44.73 with a market cap of $15.76 billion, indicating stability and potential for capital appreciation.
  • The company operates in key oil and natural gas properties in Western Canada, including the Alberta Deep Basin and Northeast British Columbia Montney, providing diversified exposure to energy markets.
  • With a low debt-to-equity ratio of 0.09, Tourmaline Oil maintains a strong financial position, reducing financial risk for investors.

Cons

Investors should be bearish about investing in Tourmaline Oil Corp. for these reasons:

  • Despite recent upgrades, Tourmaline Oil's stock price has experienced fluctuations, trading at $41.03 on recent days, potentially indicating volatility in the market.
  • The company's 50-day moving average price of $44.95 is slightly below its 200-day moving average of $45.72, suggesting a short-term bearish trend in stock performance.
  • While the dividend yield has increased, the dividend payout ratio of 25.47% may limit future growth opportunities for the company, impacting long-term investor returns.
  • Tourmaline Oil's short interest has significantly increased, reaching 11,192,100 shares, which could indicate negative market sentiment or potential short-term selling pressure on the stock.
  • Investors should consider the overall energy market conditions and regulatory environment, as they can impact Tourmaline Oil's operations and financial performance, affecting investor returns.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, August 20, 2024. Please send any questions or comments about these Tourmaline Oil pros and cons to contact@marketbeat.com.

TRMLF Stock Analysis - Frequently Asked Questions

How have TRMLF shares performed this year?

Tourmaline Oil's stock was trading at $45.06 on January 1st, 2024. Since then, TRMLF shares have decreased by 1.4% and is now trading at $44.4310.
View the best growth stocks for 2024 here
.

How were Tourmaline Oil's earnings last quarter?

Tourmaline Oil Corp. (OTCMKTS:TRMLF) announced its quarterly earnings data on Wednesday, July, 31st. The company reported $0.53 earnings per share for the quarter. The firm had revenue of $954.74 million for the quarter. Tourmaline Oil had a net margin of 25.15% and a trailing twelve-month return on equity of 10.71%.

How do I buy shares of Tourmaline Oil?

Shares of TRMLF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (OTCMKTS:TRMLF) was last updated on 9/7/2024 by MarketBeat.com Staff

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