FY2026 EPS Estimates for Tourmaline Oil Decreased by Cormark

Tourmaline Oil Corp. (OTCMKTS:TRMLF) – Equities research analysts at Cormark lowered their FY2026 earnings estimates for shares of Tourmaline Oil in a research report issued to clients and investors on Thursday, November 6th. Cormark analyst K. Baim now anticipates that the company will post earnings of $3.33 per share for the year, down from their prior forecast of $3.97. The consensus estimate for Tourmaline Oil’s current full-year earnings is $2.52 per share. Cormark also issued estimates for Tourmaline Oil’s FY2027 earnings at $3.08 EPS.

A number of other equities analysts have also weighed in on TRMLF. Scotiabank raised Tourmaline Oil to a “strong-buy” rating in a research report on Wednesday, October 29th. Capital One Financial raised shares of Tourmaline Oil to a “strong-buy” rating in a report on Monday, October 27th. TD Securities cut shares of Tourmaline Oil from a “strong-buy” rating to a “hold” rating in a report on Tuesday, September 30th. The Goldman Sachs Group started coverage on shares of Tourmaline Oil in a research report on Monday, October 13th. They issued a “buy” rating for the company. Finally, Raymond James Financial cut Tourmaline Oil from a “moderate buy” rating to a “hold” rating in a report on Thursday, July 31st. Two equities research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, three have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, Tourmaline Oil currently has a consensus rating of “Hold”.

Tourmaline Oil Trading Up 2.3%

Shares of OTCMKTS:TRMLF opened at $44.43 on Monday. The company has a debt-to-equity ratio of 0.08, a current ratio of 0.67 and a quick ratio of 0.67. Tourmaline Oil has a 1 year low of $38.85 and a 1 year high of $50.01. The company has a market cap of $17.19 billion, a P/E ratio of 17.70, a PEG ratio of 0.77 and a beta of -0.31. The stock’s fifty day moving average price is $43.58 and its 200-day moving average price is $44.55.

Tourmaline Oil (OTCMKTS:TRMLF) last issued its earnings results on Wednesday, November 5th. The company reported $0.36 EPS for the quarter, missing the consensus estimate of $0.47 by ($0.11). The business had revenue of $1.06 billion for the quarter, compared to analysts’ expectations of $1.20 billion. Tourmaline Oil had a net margin of 21.15% and a return on equity of 8.58%.

Tourmaline Oil Increases Dividend

The company also recently declared a dividend, which was paid on Monday, September 29th. Shareholders of record on Tuesday, September 16th were issued a dividend of $0.362 per share. This is an increase from Tourmaline Oil’s previous dividend of $0.25. This represents a yield of 344.0%. The ex-dividend date of this dividend was Monday, September 15th. Tourmaline Oil’s payout ratio is presently 58.17%.

Tourmaline Oil Company Profile

Tourmaline Oil Corp. explores for and develops oil and natural gas properties in the Western Canadian Sedimentary Basin. The company holds interests in properties located in the Alberta Deep Basin, Northeast British Columbia Montney, and the Peace River High Triassic oil complex. Tourmaline Oil Corp.