Risk factor
Strong & resilient to price shocks
Profitability factor
Excellent dividends
About
Tourmaline Oil Corp. acquires, explores for, develops, and produces oil and natural gas properties in the Western Canadian Sedimentary Basin. It holds interests in properties located in the Alberta Deep Basin, Northeast British Columbia Montney, and the Peace River High Triassic oil complex. The company was incorporated in 2008 and is headquartered in Calgary, Canada.
Company Valuation
Considering past and projected metrics, the stock is 'expensive' compared to its peers. In particular, the stock is reasonably priced on P/E, of fair value on EV/EBITDA,
Target Price
The average target price of TOU.TO is 69 and suggests 10% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommendation
Buy
Sell