Tourmaline Oil (TSE:TOU) Price Target Lowered to C$73.00 at ATB Cormark Capital Markets

Tourmaline Oil (TSE:TOU) had its price objective lowered by ATB Cormark Capital Markets from C$74.00 to C$73.00 in a research report released on Friday morning,BayStreet.CA reports. ATB Cormark Capital Markets currently has an outperform rating on the stock.

Other research analysts have also recently issued research reports about the company. Scotiabank decreased their price target on Tourmaline Oil from C$80.00 to C$75.00 and set an “outperform” rating for the company in a research note on Wednesday, January 21st. Jefferies Financial Group cut their price objective on shares of Tourmaline Oil from C$72.00 to C$70.00 in a research note on Tuesday, January 20th. Raymond James Financial increased their target price on shares of Tourmaline Oil from C$69.00 to C$72.00 in a research report on Thursday. Canadian Imperial Bank of Commerce lowered their target price on shares of Tourmaline Oil from C$71.00 to C$66.00 in a research note on Tuesday, January 13th. Finally, Desjardins boosted their price target on shares of Tourmaline Oil from C$68.00 to C$70.00 and gave the stock a “buy” rating in a research report on Monday, January 26th. Two analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Buy” and an average price target of C$70.78.

Tourmaline Oil Stock Performance

Shares of TOU traded up C$1.48 during mid-day trading on Friday, reaching C$63.37. 5,558,212 shares of the company’s stock traded hands, compared to its average volume of 2,353,467. The company has a debt-to-equity ratio of 10.85, a quick ratio of 0.47 and a current ratio of 0.48. The business’s 50-day moving average price is C$61.74 and its 200-day moving average price is C$61.21. The stock has a market capitalization of C$24.52 billion, a P/E ratio of 18.11, a price-to-earnings-growth ratio of 1.72 and a beta of 0.00. Tourmaline Oil has a 12 month low of C$55.40 and a 12 month high of C$70.73.

Tourmaline Oil (TSE:TOU) last issued its quarterly earnings data on Wednesday, March 4th. The company reported C($1.72) earnings per share (EPS) for the quarter. Tourmaline Oil had a return on equity of 8.30% and a net margin of 27.57%.The business had revenue of C$1.66 billion during the quarter. Equities analysts predict that Tourmaline Oil will post 5.6809091 earnings per share for the current year.

Tourmaline Oil Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Wednesday, December 31st were issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date of this dividend was Monday, December 15th. Tourmaline Oil’s payout ratio is presently 52.86%.

Insiders Place Their Bets

In other Tourmaline Oil news, insider Mike Rose purchased 10,000 shares of the firm’s stock in a transaction on Monday, February 2nd. The shares were purchased at an average price of C$62.21 per share, for a total transaction of C$622,100.00. Following the completion of the transaction, the insider owned 8,042,678 shares in the company, valued at C$500,334,998.38. This represents a 0.12% increase in their position. Insiders own 5.13% of the company’s stock.

Key Tourmaline Oil News

Here are the key news stories impacting Tourmaline Oil this week:

• Positive Sentiment: Company reported record Q4 production and added 829 million boe of 2P reserves while cutting 2026 exploration & production capex — a combination that supports cash generation and shareholder returns. TOURMALINE ACHIEVES RECORD PRODUCTION…
• Positive Sentiment: Tourmaline is deepening LNG ties while keeping a shareholder focus — increases exposure to higher global gas/LNG pricing and potential premium realizations. Tourmaline: Solid Q4/25 Execution…
• Positive Sentiment: Coverage noting higher production and a surge in LNG prices supports near-term revenue upside and market re-rating potential. Investor Outlook: Tourmaline production rises…
• Positive Sentiment: Raymond James raised its price target from C$69 to C$72, signaling some analysts see additional upside from current levels. BayStreet.CA
• Positive Sentiment: Sale of Alberta natural gas assets for $765M boosts liquidity and can be used to pay down debt or fund higher-return projects — a balance-sheet positive. Calgary-based Tourmaline sells Alberta natural gas assets…
• Neutral Sentiment: Q4 results: higher revenue and record production but mixed net income/EPS metrics — operational strength offset by lower net income. Investors will focus on margin drivers and guidance. Tourmaline Oil Corp (TRMLF) Q4 2025 Earnings Call Highlights
• Neutral Sentiment: Valuation analysis post-2025 shows higher revenue but lower net income — useful context but not an immediate price driver. A Look At Tourmaline Oil’s Valuation After 2025 Results…
• Neutral Sentiment: TD Cowen maintained a Hold with a C$65 target — shows some analysts see balanced risk/reward after capex reductions and asset-sale outcomes. Balanced Risk‑Reward Keeps Tourmaline Oil at Hold…
• Negative Sentiment: Royal Bank of Canada cut its price target from C$76 to C$72 (still Outperform) — the downgrade trims upside expectations and may cap upside near-term. BayStreet.CA
• Negative Sentiment: ATB Cormark trimmed its target from C$74 to C$73 while keeping an Outperform — another analyst pull-back on upside that can weigh on sentiment. BayStreet.CA

Tourmaline Oil Company Profile

Tourmaline is Canada’s largest and most active natural gas producer dedicated to producing the lowest-development-cost natural gas in North America. We are an investment grade exploration and production company providing strong and predictable operating and financial performance through the development of our three core areas in the Western Canadian Sedimentary Basin. With our existing large reserve base, decades-long drilling inventory, relentless focus on execution, cost management, safety and environmental performance improvement, we are excited to provide shareholders an excellent return on capital and an attractive source of income through our base dividend and surplus free cash flow distribution strategies.