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How to buy Tourmaline Oil stock in Canada

Learn how to buy Tourmaline Oil stock in 5 easy steps.

Tourmaline Oil is an oil & gas e&p business based in Canada. Tourmaline Oil stocks (TOU.TO) are listed on the TO and all prices are listed in Canadian Dollars. Its last market close was C$59.98 – a decrease of 2.04% over the previous week. Tourmaline Oil employs 360 staff and has a trailing 12-month revenue of around C$6.7 billion.

How to buy Tourmaline Oil stock

  1. Choose a stock trading platform. Use our comparison table or choose from our Top Picks below.
  2. Open an account. Provide your personal information and sign up.
  3. Fund your account. Deposit funds unto your account by linking your banking information or transfer funds from another trading account.
  4. Search for the stock name – TOU. Search for the stock by name or ticker symbol.
  5. Buy the stock. Place your order. It's that simple.

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Tourmaline Oil stock price (TO:TOU)

Use our graph to track the performance of TOU stocks over time.

Tourmaline Oil shares at a glance

Information last updated 2023-05-23.
Latest market closeC$59.44
52-week rangeC$51.01 - C$78.05
50-day moving average C$57.58
200-day moving average C$68.38
Wall St. target priceC$80.43
PE ratio 5.1563
Dividend yield C$0.95 (1.65%)
Earnings per share (TTM) C$11.84

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Is it a good time to buy Tourmaline Oil stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Tourmaline Oil price performance over time

Historical closes compared with the close of C$59.44 from 2023-05-26

1 week (2023-05-19) -2.04%
1 month (2023-04-27) 1.80%
3 months (2023-02-27) -0.72%
6 months (2022-11-25) -26.05%
1 year (2022-05-27) -23.66%
2 years (2021-05-27) 103.63%
3 years (2020-05-27) 326.09%
5 years (2018-05-25) 147.67%

Is Tourmaline Oil stock undervalued or overvalued?

Valuing Tourmaline Oil stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Tourmaline Oil's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Tourmaline Oil financials

Revenue TTM C$6.7 billion
Operating margin TTM 71.96%
Gross profit TTM C$5.4 billion
Return on assets TTM 18.07%
Return on equity TTM 32.92%
Profit margin 60.33%
Book value C$38.93
Market capitalisation C$20.7 billion

TTM: trailing 12 months

Tourmaline Oil's environmental, social and governance track record

Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Tourmaline Oil.

When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.

Tourmaline Oil's total ESG risk score

Total ESG risk: 42.01

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Tourmaline Oil's overall score of 42.01 (as at 01/01/2019) is pretty weak – landing it in it in the 85th percentile of companies rated in the same sector.

ESG scores are increasingly used to estimate the level of risk a company like Tourmaline Oil is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).

Tourmaline Oil's environmental score

Environmental score: 22.32/100

Tourmaline Oil's environmental score of 22.32 puts it squarely in the 3rd percentile of companies rated in the same sector. This could suggest that Tourmaline Oil is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.

Tourmaline Oil's social score

Social score: 10.44/100

Tourmaline Oil's social score of 10.44 puts it squarely in the 3rd percentile of companies rated in the same sector. This could suggest that Tourmaline Oil is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.

Tourmaline Oil's governance score

Governance score: 10.25/100

Tourmaline Oil's governance score puts it squarely in the 3rd percentile of companies rated in the same sector. That could suggest that Tourmaline Oil is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.

Tourmaline Oil's controversy score

Controversy score: 1/5

ESG scores also evaluate any incidences of controversy that a company has been involved in. Tourmaline Oil scored a 1 out of 5 for controversy – the highest score possible, reflecting that Tourmaline Oil has managed to keep its nose clean.

Tourmaline Oil share dividends

44%

Dividend payout ratio: 43.72% of net profits

Recently Tourmaline Oil has paid out, on average, around 43.72% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.65% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Tourmaline Oil shareholders could enjoy a 1.65% return on their shares, in the form of dividend payments. In Tourmaline Oil's case, that would currently equate to about C$0.95 per share.

While Tourmaline Oil's payout ratio might seem fairly standard, it's worth remembering that Tourmaline Oil may be investing much of the rest of its net profits in future growth.

Tourmaline Oil's most recent dividend payout was on 19 May 2023. The latest dividend was paid out to all shareholders who bought their shares by 10 May 2023 (the "ex-dividend date").

Tourmaline Oil share price volatility

Over the last 12 months, Tourmaline Oil's shares have ranged in value from as little as C$51.0147 up to C$78.0549. A popular way to gauge a stock's volatility is its "beta".

TOU.TO volatility(beta: 1.6)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (TO average) beta is 1, while Tourmaline Oil's is 1.6029. This would suggest that Tourmaline Oil's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Tourmaline Oil overview

Tourmaline Oil Corp. explores for and develops 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. .

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