Tourmaline Oil (TRMLF) Stock Forecast & Price Target

$43.05 -0.44 (-1.01%)

(As of 12/17/2024 ET)

Tourmaline Oil - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Strong Buy

Based on 1 Analyst Ratings

Sell
0

Hold
0

Buy
1

Based on 1 Wall Street analysts who have issued ratings for Tourmaline Oil in the last 12 months, the stock has a consensus rating of "Strong Buy." Out of the 1 analysts, 1 has given a strong buy rating for TRMLF.

Consensus Price Target

N/A

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TRMLF Analyst Ratings Over Time

Type	Current Forecast 12/19/23 to 12/18/24	1 Month Ago 11/19/23 to 11/18/24	3 Months Ago 9/20/23 to 9/19/24	1 Year Ago 12/19/22 to 12/19/23
Strong Buy	1 Strong Buy rating(s)	1 Strong Buy rating(s)	N/A	0 Strong Buy rating(s)
Buy	0 Buy rating(s)	0 Buy rating(s)	N/A	3 Buy rating(s)
Hold	0 Hold rating(s)	0 Hold rating(s)	N/A	0 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	N/A	0 Sell rating(s)
Consensus Price Target	N/A	N/A	N/A	N/A
Forecasted Upside	N/A	N/A	N/A	N/A
Consensus Rating	Strong Buy	Strong Buy	N/A	Buy

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TRMLF Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

TRMLF Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Tourmaline Oil Stock vs. The Competition

Type	Tourmaline Oil	Oils/Energy Companies	S&P 500
Consensus Rating Score	4.00	2.63	2.51
Consensus Rating	Strong Buy	Moderate Buy	Moderate Buy
Predicted Upside	N/A	2,006.06% Upside	12.03% Upside
News Sentiment Rating	Neutral News See Recent TRMLF News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target
10/18/2024	Cibc World Mkts 0 of 5 stars	J. Kubik Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong-Buy
8/1/2024	Royal Bank of Canada 4 of 5 stars	M. Harvey Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Moderate Buy
8/4/2023	CIBC 3 of 5 stars		Boost Target		C$75.00 ➝ C$77.00
8/3/2023	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$73.00 ➝ C$75.00
8/3/2023	TD Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$70.00 ➝ C$75.00
7/21/2023	Canaccord Genuity Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy
6/29/2023	51job Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Maintains
6/29/2023	National Bank Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		C$80.00 ➝ C$75.00
5/4/2023	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		C$77.00 ➝ C$75.00
4/13/2023	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		C$112.00 ➝ C$102.00
1/18/2023	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Overweight

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 03:22 PM ET.

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

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 Thursday, December 12, 2024. Please send any questions or comments about these Tourmaline Oil pros and cons to contact@marketbeat.com.

Tourmaline Oil
Bull Case

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

The current stock price is $45.38, reflecting a recent increase of 0.4%, indicating positive market sentiment and potential for further growth.
Tourmaline Oil Corp. has a strong market capitalization of $16.37 billion, which suggests stability and the ability to invest in growth opportunities.
The company has recently increased its dividend to $0.3606, up from $0.26, providing a yield of 3.16%, which can attract income-focused investors.
Analysts have upgraded Tourmaline Oil Corp. to a "strong-buy" rating, indicating confidence in the company's future performance and potential for stock appreciation.
With a low debt-to-equity ratio of 0.10, Tourmaline Oil Corp. demonstrates strong financial health, reducing the risk associated with high leverage.

Tourmaline Oil
Bear Case

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

The stock has experienced a decline of 2.9% recently, which may indicate volatility and potential challenges in maintaining its price level.
Despite the recent dividend increase, the payout ratio is 32.10%, which, while sustainable, may limit future dividend growth if earnings do not increase significantly.
The company's beta is -0.68, suggesting that it may not respond positively to market movements, which could be a concern for investors looking for growth in bullish markets.
Tourmaline Oil Corp. operates in the oil and natural gas sector, which can be subject to significant price fluctuations due to geopolitical events and changes in energy demand.
The fifty-day moving average price is $46.39, which is above the current stock price, indicating potential downward pressure if the stock does not recover soon.

TRMLF Forecast - Frequently Asked Questions

: 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Tourmaline Oil in the last year. There is currently 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "strong buy" TRMLF shares.
: According to analysts, Tourmaline Oil's stock has a predicted downside of -100.00% based on their 12-month stock forecasts.
: Over the previous 90 days, Tourmaline Oil's stock had 1 upgrade by analysts.
: Tourmaline Oil has been rated by research analysts at Cibc World Mkts in the past 90 days.
: Analysts like Tourmaline Oil more than other "oils/energy" companies. The consensus rating for Tourmaline Oil is Strong Buy while the average consensus rating for "oils/energy" companies is Moderate Buy. Learn more on how TRMLF compares to other companies.

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This page (OTCMKTS:TRMLF) was last updated on 12/18/2024 by MarketBeat.com Staff

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Tourmaline Oil (TRMLF) Stock Forecast & Price Target