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To own Tourmaline Oil, you need to believe in the long term case for Canadian natural gas, supported by export growth and disciplined capital returns despite recent share price softness. Mike Rose’s CA$59.987 per share insider purchase does not materially change the near term catalyst, which still centers on how effectively Tourmaline converts its growing production into sustainable free cash flow, or the biggest current risk, which is prolonged weakness and volatility in North American gas prices.
The recent affirmation of the quarterly CA$0.50 per share base dividend for payment on December 31, 2025 is the most relevant backdrop to this insider buy, as it highlights the company’s current capital return stance at a time when earnings growth has been modest and gas price risk remains elevated. Taken together, a steady dividend commitment and increased CEO ownership can draw attention to how well Tourmaline balances payout ambitions with the cash flow pressure that could come from...
Read the full narrative on Tourmaline Oil (it's free!)
Tourmaline Oil's narrative projects CA$10.6 billion revenue and CA$2.7 billion earnings by 2028. This requires 34.3% yearly revenue growth and about a CA$1.2 billion earnings increase from CA$1.5 billion today.
Uncover how Tourmaline Oil's forecasts yield a CA$73.00 fair value, a 22% upside to its current price.
Six members of the Simply Wall St Community currently estimate Tourmaline’s fair value between CA$72 and CA$148.30, reflecting a wide span of individual expectations. When you set those views against Tourmaline’s sensitivity to prolonged soft North American gas prices, it becomes clear why many investors are comparing several different valuation and risk scenarios before making up their mind.
Explore 6 other fair value estimates on Tourmaline Oil - why the stock might be worth over 2x more than the current price!
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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