Tourmaline Oil Corp. (TRMLF) – What Are Brokerages Thinking About This Stock?

Posted by George Bondi on Oct 16th, 2026

Tourmaline Oil Corp. (OTCMKTS:TRMLF – Get Free Report) has received a consensus rating of “Hold” from the ten brokerages that are covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation, three have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $65.00.

Several equities research analysts have issued reports on TRMLF shares. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Tourmaline Oil in a research note on Friday, July 10th. Zacks Research raised shares of Tourmaline Oil from a “strong sell” rating to a “hold” rating in a research report on Tuesday, August 25th. Scotiabank reissued an “outperform” rating on shares of Tourmaline Oil in a research report on Friday, July 17th. Desjardins raised shares of Tourmaline Oil to a “hold” rating in a research note on Thursday, July 16th. Finally, The Goldman Sachs Group downgraded shares of Tourmaline Oil from a “buy” rating to a “sell” rating in a research note on Thursday, October 1st.

Read Our Latest Stock Analysis on Tourmaline Oil

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Tourmaline Oil stock. Kahn Brothers Group Inc. purchased a new position in shares of Tourmaline Oil Corp. (OTCMKTS:TRMLF – Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 26,959 shares of the company’s stock, valued at approximately $1,127,000. Institutional investors and hedge funds own 1.76% of the company’s stock.

Tourmaline Oil Trading Up 0.2%

Shares of TRMLF stock opened at $45.53 on Friday. The firm has a 50-day moving average price of $44.23 and a 200 day moving average price of $44.86. Tourmaline Oil has a twelve month low of $40.04 and a twelve month high of $51.20. The company has a market capitalization of $17.68 billion, a price-to-earnings ratio of 16.89 and a beta of -0.21. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 0.04.

About Tourmaline Oil

(Get Free Report)

Tourmaline Oil Corp. is a Canadian natural gas exploration and production company headquartered in Calgary, Alberta. The company focuses on the acquisition, development and operation of long-life, resource-rich properties in the Western Canadian Sedimentary Basin.

Tourmaline’s operations are concentrated in three core areas: the Alberta Deep Basin, northeast British Columbia and the Peace River region of Alberta. Its production portfolio includes natural gas, natural gas liquids, condensate and crude oil, supported by related gathering, processing, transportation and marketing infrastructure.

The company was established in 2008 and has grown through exploration, development and strategic acquisitions.