Tourmaline Oil (TRMLF) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $42.10 to $43.26
• 50-Day Range: $43.05 to $48.68
• 52-Week Range: $36.93 to $51.15
• Volume: 44,825 shs
• Average Volume: 52,719 shs
• Market Capitalization: $16.08 billion
• P/E Ratio: 13.29
• Dividend Yield: 2.39%
• Price Target: N/A
• Consensus Rating: Strong Buy

Tourmaline Oil Stock Analysis - MarketRank™

Tourmaline Oil scored higher than 62% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Tourmaline Oil.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 64.42%

Earnings Growth

Earnings for Tourmaline Oil are expected to grow by 64.42% in the coming year, from $2.67 to $4.39 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Tourmaline Oil is 13.29, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.04.

Price to Earnings Ratio vs. Sector

The P/E ratio of Tourmaline Oil is 13.29, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 17.07.

Price to Earnings Growth Ratio

Tourmaline Oil has a PEG Ratio of 1.84. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Tourmaline Oil has a P/B Ratio of 1.46. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.89% of the outstanding shares of Tourmaline Oil have been sold short.

Short Interest Ratio / Days to Cover

Tourmaline Oil has a short interest ratio ("days to cover") of 74.7, which indicates bearish sentiment.

Change versus previous month

Short interest in Tourmaline Oil has recently decreased by 18.19%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Tourmaline Oil pays a meaningful dividend of 2.30%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Tourmaline Oil does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Tourmaline Oil is 31.79%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Tourmaline Oil will have a dividend payout ratio of 23.46% next year. This indicates that Tourmaline Oil will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

2.89% of the outstanding shares of Tourmaline Oil have been sold short.

Short Interest Ratio / Days to Cover

Tourmaline Oil has a short interest ratio ("days to cover") of 74.7, which indicates bearish sentiment.

Change versus previous month

Short interest in Tourmaline Oil has recently decreased by 18.19%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.2 / 5
• News Sentiment: 0.04

News Sentiment

Tourmaline Oil has a news sentiment score of 0.04. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.69 average news sentiment score of Oils/Energy companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Tourmaline Oil this week, compared to 1 article on an average week.

MarketBeat Follows

1 people have added Tourmaline Oil to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Tourmaline Oil insiders have not sold or bought any company stock.

Percentage Held by Institutions

Only 1.76% of the stock of Tourmaline Oil is held by institutions.

TRMLF Stock Analysis - Frequently Asked Questions

How have TRMLF shares performed this year?

Tourmaline Oil's stock was trading at $45.06 at the beginning of the year. Since then, TRMLF stock has decreased by 4.5% and is now trading at $43.05.
View the best growth stocks for 2024 here.

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.

Company Calendar

• Ex-Dividend for 11/26 Dividend: 11/15/2024
• Dividend Payable: 11/26/2024
• Ex-Dividend for 12/31 Dividend: 12/16/2024
• Today: 12/18/2024
• Dividend Payable: 12/31/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Oils/Energy
• Industry: N/A
• Sub-Industry: N/A
• Current Symbol: OTCMKTS:TRMLF
• CUSIP: N/A
• CIK: N/A
• Web: www.tourmalineoil.com
• Phone: (403) 266-5992
• Fax: N/A
• Employees: 389
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $3.24
• Trailing P/E Ratio: 13.29
• Forward P/E Ratio: 16.12
• P/E Growth: 1.84
• Net Income: $1.29 billion
• Net Margins: 27.12%
• Pretax Margin: 35.33%
• Return on Equity: 11.06%
• Return on Assets: 7.74%

Debt

• Debt-to-Equity Ratio: 0.10
• Current Ratio: 1.01
• Quick Ratio: 1.01

Sales & Book Value

• Annual Sales: $4.97 billion
• Price / Sales: 3.24
• Cash Flow: $6.21 per share
• Price / Cash Flow: 6.93
• Book Value: $29.55 per share
• Price / Book: 1.46

Miscellaneous

• Outstanding Shares: 373,437,000
• Free Float: N/A
• Market Cap: $16.08 billion
• Optionable: Not Optionable
• Beta: -0.68