Tourmaline Oil (TSE:TOU) Price Target Cut to C$72.00 by Analysts at Royal Bank Of Canada

Tourmaline Oil (TSE:TOU) had its target price cut by Royal Bank Of Canada from C$76.00 to C$72.00 in a research report report published on Friday morning,BayStreet.CA reports. They currently have an outperform rating on the stock.

Other research analysts have also issued reports about the stock. Jefferies Financial Group lowered their target price on shares of Tourmaline Oil from C$72.00 to C$70.00 in a research note on Tuesday, January 20th. Canadian Imperial Bank of Commerce cut their target price on shares of Tourmaline Oil from C$71.00 to C$66.00 in a research report on Tuesday, January 13th. Scotiabank lowered their price target on Tourmaline Oil from C$80.00 to C$75.00 and set an “outperform” rating on the stock in a research report on Wednesday, January 21st. Raymond James Financial lifted their price objective on Tourmaline Oil from C$69.00 to C$72.00 in a research note on Thursday. Finally, Desjardins boosted their price objective on 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 assigned a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of C$70.78.

Tourmaline Oil Stock Performance

Tourmaline Oil stock traded up C$1.48 during trading hours on Friday, reaching C$63.37. 5,558,212 shares of the company were exchanged, compared to its average volume of 2,353,467. Tourmaline Oil has a 12 month low of C$55.40 and a 12 month high of C$70.73. The company has a current ratio of 0.48, a quick ratio of 0.47 and a debt-to-equity ratio of 10.85. The stock has a 50-day moving average of C$61.74 and a 200 day moving average of C$61.21. The firm has a market cap of C$24.52 billion, a price-to-earnings ratio of 18.11, a PEG ratio of 1.72 and a beta of 0.00.

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

Tourmaline Oil Announces Dividend

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

Insiders Place Their Bets

In related news, insider Mike Rose purchased 10,000 shares of Tourmaline Oil stock in a transaction on Monday, February 2nd. The stock was purchased at an average cost of C$62.21 per share, with a total value of C$622,100.00. Following the acquisition, the insider directly owned 8,042,678 shares in the company, valued at approximately C$500,334,998.38. This trade represents a 0.12% increase in their ownership of the stock. 5.13% of the stock is currently owned by company insiders.

Key Stories Impacting Tourmaline Oil

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.