TOU : Tourmaline Oil Corp. Stock Profile

Last Updated: 3/12/2024 0:47:16

Tourmaline Oil Corp. trades with the ticker TOU on the TSX and is in the Oil & Gas E&P industry.

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.
 

Looking to invest in Tourmaline Oil Corp.? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.

TOU.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $21464.465MM

PE Ratio: 11.905

Price: 59.88 (Updated: 3/12/2024 0:47:16)



Tourmaline Oil Corp. (TOU) vs Competitors in Oil & Gas E&P

Lets see how TOU.TO stacks up against others in the Oil & Gas E&P asset management industry. We have identified its main peers as:

Advantage Oil & Gas Ltd, Africa Oil Corp, ARC Resources Ltd, Athabasca Oil Corporation, Birchcliff Energy Ltd

.

Oil & Gas E&P Industry Comparisons

Company Market Cap ($MM) P/E Ratio EV/EBITDA Dividend Yield
Advantage Oil & Gas Ltd (AAV) $1,577.226 16.729 5.77 N/A%
Africa Oil Corp (AOI) $959.473 8.708 6.836 3.2%
ARC Resources Ltd (ARX) $13,990.234 8.981 4.539 2.9%
Athabasca Oil Corporation (ATH) $2,937.06 N/A 26.708 N/A%
Birchcliff Energy Ltd (BIR) $1,471.439 17.25 4.987 7.2%

EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield  

Comparisons within Oil & Gas E&P

  • Tourmaline Oil Corp. (TOU) vs Advantage Oil & Gas Ltd (AAV)
    • TOU has higher EPS (5.03 vs 0.59). TOU provides dividends, while AAV does not. AAV has a higher P/E ratio (16.729 vs 11.905) indicating it’s more expensive.
  • Tourmaline Oil Corp. (TOU) vs Africa Oil Corp (AOI)
    • TOU has higher EPS (5.03 vs 0.24). AOI has higher dividend yield (3.2% vs 2.0%). TOU has a higher P/E ratio (11.905 vs 8.708) indicating it’s more expensive.
  • Tourmaline Oil Corp. (TOU) vs ARC Resources Ltd (ARX)
    • TOU has higher EPS (5.03 vs 2.61). ARX has higher dividend yield (2.9% vs 2.0%). TOU has a higher P/E ratio (11.905 vs 8.981) indicating it’s more expensive.
  • Tourmaline Oil Corp. (TOU) vs Athabasca Oil Corporation (ATH)
    • TOU has higher EPS (5.03 vs -0.09). TOU provides dividends, while ATH does not. ATH has a P/E under 0, indicating TOU (P/E 11.905) is in a better position.
  • Tourmaline Oil Corp. (TOU) vs Birchcliff Energy Ltd (BIR)
    • TOU has higher EPS (5.03 vs 0.32). BIR has higher dividend yield (7.2% vs 2.0%). BIR has a higher P/E ratio (17.25 vs 11.905) indicating it’s more expensive.

Our Recommendation: Hold
Shows positive EPS growth from this year to next, suggesting improving profitability.
 

How to Buy TOU stock on the TSX

You can buy on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:

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Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

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