Professional
Added to YB: 2025-08-27
Pitch date: 2025-08-25
TOU.TO [bullish]
Tourmaline Oil Corp.
+11.26%
current return
Author Info
Nugget Capital Partners is a research analyst specializing in resources w/ focus on energy. Sign up for the newsletter.
Company Info
Tourmaline Oil Corp. engages in the acquisition, exploration, development, and production of petroleum and natural gas properties in the Western Canadian Sedimentary Basin.
Market Cap
CAD 25.3B
Pitch Price
CAD 56.69
Price Target
66.30 (+5%)
Dividend
5.42%
EV/EBITDA
8.17
P/E
18.80
EV/Sales
6.19
Sector
Oil, Gas and Consumable Fuels
Category
turnaround
Tourmaline Oil, the new contrarian play
TOU.TO: Canada's largest nat gas co trades at multi-year low multiples despite North America's largest reserves & 75yrs Tier 1 inventory. AECO/NYMEX at cycle lows, LNG Canada exports should boost pricing. CEO Mike Rose owns $700M stock. Bulls capitulating creates opportunity. Target 10-15% gain.
Read full article (7 min)