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Tourmaline Oil Corp. (TRMLF) Stock: Price, Forecast & Analyst Target

Tourmaline Oil Corp. (TRMLF) — price $44.17 (+1.45%), as of the Oct 5, 2026 trading session; market cap $17.2B. Expected results Nov 4, 2026.

Educational signal · not a buy or sell recommendation · How to read this

$44.17 +$0.63 (+1.45%) Market Cap $17.2B

Tourmaline Oil Corp. · TRMLF · Energy · Oil & Gas Exploration & Production

Tourmaline Oil Corp. is an energy enterprise dedicated to acquiring, exploring, developing, and producing crude oil and natural gas. Its operations are concentrated within the extensive Western Canadian Sedimentary Basin.

Price as of Oct 5, 2026

Key Statistics

No publishable V2 score is available for this stock yet.

Price & valuation

Dates shown where recorded
MeasureValueAs of
Latest provided price$44.17
Change on the day+1.45%
52-week range$40.04–$51.20
Market capitalisation$17.2B
Price / earnings (trailing)64.94
Shares traded on the day5.8K
Beta (volatility vs the S&P 500)0.26
Dividends per share (last 12 months)$1.62
Dividend yield (last 12 months)3.73%

Price & events

Weekly closing price with reported quarters marked Weekly closing price from Sep 5, 2025 to Oct 5, 2026: low $42, high $51, latest $44. 4 reported quarters marked, 1 above and 3 below the recorded estimate. $51 $42 high $51 Nov 5, 2025 · Earnings results · reported below the recorded estimate · close $431Mar 4, 2026 · Earnings results · reported below the recorded estimate · close $472May 6, 2026 · Earnings results · reported above the recorded estimate · close $483Jul 29, 2026 · Earnings results · reported below the recorded estimate · close $444 Sep 5, 2025 Oct 5, 2026 · $44 $42Sep 5, 2025$44Sep 19, 2025$43Oct 3, 2025$42Oct 17, 2025$44Oct 31, 2025$44Nov 14, 2025$46Nov 28, 2025$46Dec 12, 2025$45Dec 26, 2025$43Jan 9, 2026$46Jan 23, 2026$46Feb 6, 2026$46Feb 20, 2026$47Mar 6, 2026$51Mar 20, 2026$46Apr 2, 2026$44Apr 17, 2026$49May 1, 2026$49May 15, 2026$46May 29, 2026$45Jun 12, 2026$42Jun 26, 2026$42Jul 10, 2026$46Jul 24, 2026$42Aug 7, 2026$45Aug 21, 2026$45Sep 4, 2026$43Sep 18, 2026$44Oct 2, 2026

Triangles mark reported quarters on the line: pointing up is above the recorded estimate, down is below, a diamond means no estimate on file. Numbers key to the dated list. Point at or tab to any week for its close.

Events behind the price

  • · Earnings results · below the recorded estimate
  • · Earnings results · below the recorded estimate
  • · Earnings results · above the recorded estimate
  • · Earnings results · below the recorded estimate

Results dates follow the earnings feed; call dates follow the transcript provider. Nearby dates do not establish that an event caused a price move.

Upcoming events

As of

Dated events ahead, in order, not to scaleNov 4, 2026, Next results due; Dec 15, 2026, Ex-dividend date; Dec 31, 2026, Dividend payment date. Spacing is order only and carries no duration.Oct 5, 20261Nov 4, 20262Dec 15, 20263Dec 31, 2026
  1. Next results dueProvider estimate
  2. Ex-dividend dateCompany record
  3. Dividend payment dateCompany record

Chronological order, not a duration scale. The provider's estimated date can change.

What to watch next

Other perspectives

Council score for Tourmaline Oil (TRMLF): perspectives

Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.

9-Factor Breakdown

Revenue Growth Neutral
Gross Margin Weak
Operating Leverage Neutral
Cash Runway Neutral
R&D Intensity Neutral
Insider Activity Moderate
Trading Liquidity Weak
Price Momentum Negative
News Sentiment Neutral

Legends Council

3 lenses, 0 current

AI simulations built from the named investors' published principles. Not affiliated with, endorsed by, or the opinion of these individuals. How these lenses are built

Englander-style lens (simulated) Izzy Englander Neutral read
Klarman-style lens (simulated) Seth Klarman Favorable read
Moon AI lens (model) Neutral read

Read on: Sep 5, 2026 · older than the 27 hours refresh window; not a current reading

Munger's Mindset

Balance Sheet & Valuation · historical

Financial Health Neutral
Margin of Safety Fairly Valued
Profit Margin Neutral
Revenue Growth Weak
Debt/Equity Moderate
ROE Weak
Gross Margin Weak

Read on: Apr 29, 2026 · older than the 27 hours refresh window; not a current reading

How to read these bars and different assessments

Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.

Bars show each model's ordered assessment on its own scale, not a probability or a comparable investment return. The adjacent words give the assessment; more filled segments indicate a stronger model reading.

On Apr 29, 2026, the Munger lens read the price at that time as fairly valued against its own estimate of value.

Readings on this page are from Oct 6, 2026, except a card that shows its own read date.

Watch the TRMLF film — every key number, told as a short cinematic story

~2 min · open the film

1 · What is it?

What is Tourmaline Oil (TRMLF), and what does it report?

Short answer · as of

Tourmaline Oil Corp. is an energy enterprise dedicated to acquiring, exploring, developing, and producing crude oil and natural gas. Its operations are concentrated within the extensive Western Canadian Sedimentary Basin. Tourmaline Oil Corp. (TRMLF) is classified as Energy / Oil & Gas Exploration & Production. SEC filing business address: 120 Broadway, 32ND Floor, NEW York, NY, 10271. It employs 544 people and is led by Michael L. Rose. In Q2 FY2026 it reported revenue of $954M and net income of $129M. The market values it at $17.2B.

2 · Latest results

What do the latest results show for Tourmaline Oil (TRMLF)?

Short answer · as of

The most recent reported quarter, Q2 FY2026, carried revenue of $954M. Against analyst estimates the company has EPS beat 2 of 8 reports.

Did results meet expectations?

Reported earnings and revenue alongside the estimates recorded by the provider.

Latest report · revenue
$1.05B Jul 29, 2026
Latest report · revenue estimate
$1.09B Jul 29, 2026
Latest report · revenue vs estimate
Below estimate Jul 29, 2026
Latest report · EPS vs estimate
Below estimate Jul 29, 2026
Did results meet expectations? — reported evidence
Report dateRevenue · reportedRevenue · estimateEPS · reportedEPS · estimate
Jul 29, 2026$1.05B$1.09B$0.3309$0.6050
May 6, 2026$1.24B$1.15B$1.2300$0.6200
Mar 4, 2026$1.25B$1.16B−$1.2307$0.5110
Nov 5, 2025$1.06B$1.14B$0.3600$0.4700

Dates are report dates, not fiscal period ends. Revenue is in USD; EPS is USD per share, rounded to four decimals. The earnings feed does not establish a basic, diluted or adjusted basis. Earnings-feed EPS may differ from statement EPS; the two series are not combined.

Quarterly income statement — 4 quarters
Revenue, net income and earnings per share by quarter (converted from CAD)
PeriodRevenueNet incomeEPS
Q2 FY2026$954M$129M$0.33 (diluted)
Q1 FY2026$1.14B$462M$1.18 (diluted)
Q4 FY2025$1.07B-$459M-$1.18 (diluted)
Q3 FY2025$910M$134M$0.34 (diluted)
3 · Financial strengths and risks

What are the financial strengths and risks for Tourmaline Oil (TRMLF)?

Short answer

The distress and quality screens read Altman Z 2.65 · Piotroski F 5. Trailing ratios: ROE 2.4% · ROA 1.7% · current ratio 0.72 · earnings yield 1.6% · free-cash-flow yield 0.9%.

Data-derived red flags

  • Inconsistent delivery — missed Wall Street EPS estimates in 6 of the last 8 reported quarters.
  • Rich valuation — a P/E of 64.94 runs well above the Energy sector’s ~14.90x, leaving little room for a miss.
4 · What to check next?

What should you watch next at Tourmaline Oil (TRMLF)?

Short answer · as of

The next earnings report is expected on Nov 4, 2026. Current published price targets run low $65.00 · high $65.00 · consensus $65.00 · median $65.00 against a quoted price of $44.17 (as of Oct 5, 2026).

What the records here don't tell us

  • Detailed statement figures are not shown because their conversion to USD has not been verified.
  • No insider Form 4 transaction falls inside the window this page reads.

Checked against the records this page reads, on the dates shown above.

The records behind this page

Analyst targets & estimates

What analysts have on file

Price target, low to high
$65.00 – $65.00
Consensus target
$65.00
Median target
$65.00

Consensus record · Captured .

Measured against a quoted price of $44.17 (as of Oct 5, 2026).

What has been published about Tourmaline Oil (TRMLF)?

Read these with our analysis →

Tourmaline Oil Energy Stock: Key Questions Answered

Research dated 2026-09-12; the answers below are from that research, and the full attribution is under Sources. The last 3 questions are answered from this page's own dated data, not from the research.

What does Tourmaline produce in the Western Canadian Sedimentary Basin?

Tourmaline acquires, explores, develops and produces natural gas and crude oil. Its revenue comes from upstream production sales rather than refining or retail fuel operations.

Sources (as of 2026-09-12): Business description; Sector / industry (provider taxonomy)

Why do the Montney and Alberta Deep Basin matter to Tourmaline?

They form major parts of Tourmaline’s concentrated Western Canadian asset base, alongside the Peace River High oil complex. The company is regionally focused, but its operations span distinct formations and a mix of natural gas and crude oil exposure.

Sources (as of 2026-09-12): Business description

What is the TRMLF stock price today?

The last price recorded on this page for Tourmaline Oil Corp. (TRMLF) is $44.17, as of the Oct 5, 2026 trading session (source: Financial Modeling Prep (FMP) · quote). It is a provider snapshot, not a live exchange feed, so check a brokerage quote before you trade.

What is the TRMLF price target?

The analyst consensus price target for Tourmaline Oil Corp. (TRMLF) is $65.00 (range $65.00 to $65.00, median $65.00), per FMP data captured Oct 5, 2026. Targets are analyst opinions and change often; they are not a Stock Expert AI forecast.

Does TRMLF pay a dividend?

Yes. Tourmaline Oil Corp. (TRMLF) shows a trailing 12-month dividend yield of 3.73%, as of Oct 2, 2026, in the data on this page. Payout ratio and cash-flow coverage decide whether it can last, and past dividends do not guarantee future payments.

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Research written by Codex (gpt-5.6-sol) on 2026-09-12. AI-authored analysis; source dates are shown with each answer. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief.

Sources — records for every figure on this page (45 figures)

The 45 rows below are exactly the facts the evidence-backed sections of this page printed — the 10-second verdict, the MoonshotScore, price and market value, the five questions with their receipts, and the records behind this page. Known dates and sources are recorded on their own rows; an em dash or UNRECORDED tier preserves a stored observation without inventing either. The quarterly income statement is provider-standardized (FMP) under one row, and scale definitions — a 0-100 rating, the band ladder, the Piotroski 0–9 range — are fixed rather than measured. No number in those sections was generated by a model. The register does not cover quoted third-party headlines, the dated council readings, or the Frequently Asked Questions; each of those says where it came from where it stands.

"As of" is the date the value is true for where the source carries one — a quarter end, a filing date, a price close, the day the score was computed. A cached observation with no source date remains undated; the page publication date is not used as a substitute.

OFFICIAL — 1 fact from SEC filings and earnings calls

OFFICIAL facts used on this page
Fact IDFactValue as shownAs ofTierSource
id.hqSEC filing business address120 Broadway, 32ND Floor, NEW York, NY, 10271OFFICIALSEC EDGAR filer business address — The SEC filer business address. Our market-data provider separately lists "250-6th Avenue SW, Calgary, AB, T2P 3H7, CA".

FMP — 36 facts from Financial Modeling Prep endpoint families

FMP facts used on this page
Fact IDFactValue as shownAs ofTierSource
px.lastLatest provided price$44.17FMPFinancial Modeling Prep (FMP) · quote — Dated to the US trading session the price belongs to, derived from the quote record's timestamp (weekend and pre-open reads roll back to the previous weekday; exchange holidays are not modelled). The record does not establish an exchange execution time. Retrieved 2026-10-05T21:54:54.111Z.
px.changeChange on the day+1.45%FMPFinancial Modeling Prep (FMP) · quote
px.mcapMarket capitalisation$17.2BFMPFinancial Modeling Prep (FMP) · quote — Date unknown Market cap record date: 2026-10-05. FMP quote timestamp: 2026-10-05T19:58:59.000Z. Captured from FMP at 2026-10-05T21:54:53.091Z. No share-count basis is inferred; this page preserves the reported amount instead of recalculating it from shares.
earn.nextNext earnings dateNov 4, 2026FMPFinancial Modeling Prep (FMP) earnings calendar — The date is our provider's estimate until the company confirms it.
id.business_summaryBusiness description (FMP excerpt)Tourmaline Oil Corp. is an energy enterprise dedicated to acquiring, exploring, developing, and producing crude oil and natural gas. Its operations are concentrated within the extensive Western Canadian Sedimentary Basin.FMPFinancial Modeling Prep (FMP) company profile — Deterministic excerpt derived from id.description; source and date describe the input fact, not a new provider observation
px.change_absChange on the day, in dollars+$0.63FMPFinancial Modeling Prep (FMP) · quote
px.range5252-week range$40.04–$51.20FMPFinancial Modeling Prep (FMP) quote
px.pePrice / earnings (trailing)64.94FMPFinancial Modeling Prep (FMP) · quote
px.volumeShares traded on the day5.8KFMPFinancial Modeling Prep (FMP) · quote
px.betaBeta0.26FMPFinancial Modeling Prep (FMP) company profile
id.sectorSector / industry (provider taxonomy)Energy / Oil & Gas Exploration & ProductionFMPFinancial Modeling Prep (FMP) company profile
id.employeesEmployees544FMPFinancial Modeling Prep (FMP) company profile
id.ceoChief executiveMichael L. RoseFMPFinancial Modeling Prep (FMP) key executives (proxy-derived) — Titles and pay come from the company's proxy statement as our provider parsed it.
fin.q_revenueRevenue, Q2 FY2026$954MFMPFinancial Modeling Prep (FMP) · income statement (quarterly)
fin.q_incomeNet income, Q2 FY2026$129MFMPFinancial Modeling Prep (FMP) · income statement (quarterly)
earn.history.depth.2026-07-29.revenue_actualRevenue · reported — report date 2026-07-29$1.05BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-07-29.revenue_estimatedRevenue · estimate — report date 2026-07-29$1.09BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-07-29.eps_actualEPS · reported — report date 2026-07-29$0.3309Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-07-29.eps_estimatedEPS · estimate — report date 2026-07-29$0.6050Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-05-06.revenue_actualRevenue · reported — report date 2026-05-06$1.24BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-05-06.revenue_estimatedRevenue · estimate — report date 2026-05-06$1.15BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-05-06.eps_actualEPS · reported — report date 2026-05-06$1.2300Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-05-06.eps_estimatedEPS · estimate — report date 2026-05-06$0.6200Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-03-04.revenue_actualRevenue · reported — report date 2026-03-04$1.25BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-03-04.revenue_estimatedRevenue · estimate — report date 2026-03-04$1.16BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-03-04.eps_actualEPS · reported — report date 2026-03-04−$1.2307Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-03-04.eps_estimatedEPS · estimate — report date 2026-03-04$0.5110Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-11-05.revenue_actualRevenue · reported — report date 2025-11-05$1.06BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-11-05.revenue_estimatedRevenue · estimate — report date 2025-11-05$1.14BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-11-05.eps_actualEPS · reported — report date 2025-11-05$0.3600Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-11-05.eps_estimatedEPS · estimate — report date 2025-11-05$0.4700Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
fin.q_tableQuarterly income statement4 quarters through Q2 FY2026FMPFinancial Modeling Prep (FMP) · income statement (quarterly), as filed
earn.ptStored analyst price targetslow $65.00 · high $65.00 · consensus $65.00 · median $65.00FMPFinancial Modeling Prep (FMP) · price-target consensus — Captured Oct 5, 2026 · Coverage not supplied
earn.pt_rangeAnalyst price target, low to high$65.00 – $65.00FMPFinancial Modeling Prep (FMP) · price-target consensus — Captured Oct 5, 2026 · Coverage not supplied
earn.pt_consensusConsensus analyst price target$65.00FMPFinancial Modeling Prep (FMP) · price-target consensus — Captured Oct 5, 2026 · Coverage not supplied
earn.pt_medianMedian analyst price target$65.00FMPFinancial Modeling Prep (FMP) · price-target consensus — Captured Oct 5, 2026 · Coverage not supplied

UNRECORDED — 3 facts from stored observations whose source was not recorded

UNRECORDED facts used on this page
Fact IDFactValue as shownAs ofTierSource
earn.historyReported versus estimated, recent quartersEPS beat 2 of 8UNRECORDEDStored earnings-history observation — Captured 2026-09-30 · Expired observation
fin.scoresDistress and quality screensAltman Z 2.65 · Piotroski F 5UNRECORDEDStored financial-scores observation — Captured 2026-10-04 · Expired observation
fin.ratiosReturn and yield ratios (trailing twelve months)ROE 2.4% · ROA 1.7% · current ratio 0.72 · earnings yield 1.6% · free-cash-flow yield 0.9%—UNRECORDEDStored key metrics — Date unknown

COMPUTED — 4 facts from our arithmetic, formula restated

COMPUTED facts used on this page
Fact IDFactValue as shownAs ofTierSource
div.ttm_per_shareDividends per share, last 12 months (split-adjusted)$1.62COMPUTEDFinancial Modeling Prep (FMP) split-adjusted dividend history — Sum of 5 split-adjusted declared dividends with an ex-date in the 365 days to 2026-10-05, per current share. Ex-dates are not payment dates; special dividends are included. Not a declared annual rate.
div.ttm_yieldDividend yield, last 12 months3.73%COMPUTEDFinancial Modeling Prep (FMP) split-adjusted dividend history and quote — Split-adjusted dividends with ex-dates in the trailing 365-day window divided by the packet price, on the same current-share basis. Price date follows the quote, latest price bar or packet-build day when unstamped. Not a forecast or declared annual rate.
earn.history.depth.2026-07-29.revenue_actual.comparisonLatest report · revenue vs estimateBelow estimateReport date · COMPUTEDComputed from Financial Modeling Prep (FMP) earnings — Earnings-history note — Method: compare reported revenue ($1.05B) with the recorded estimate ($1.09B) at displayed precision. Equal displayed values are in line. This compares reported results with recorded estimates, not investment returns.
earn.history.depth.2026-07-29.eps_actual.comparisonLatest report · EPS vs estimateBelow estimateReport date · COMPUTEDComputed from Financial Modeling Prep (FMP) earnings — Earnings-history note — Method: compare reported EPS ($0.3309) with the recorded estimate ($0.6050) at displayed precision. Equal displayed values are in line. This compares reported results with recorded estimates, not investment returns.

OURS — 1 fact from Stock Expert AI's own score and rank

OURS facts used on this page
Fact IDFactValue as shownAs ofTierSource
gap.statement_currencyStatement currency limitationDetailed statement figures are not shown because their conversion to USD has not been verified.OURSStock Expert AI currency-basis check

Fact-family notes

  1. Earnings-history note. Source series as of 2026-07-29. Dates are report dates, not fiscal period ends. Revenue is in USD; EPS is USD per share, rounded to four decimals. The earnings feed does not establish a basic, diluted or adjusted basis. Earnings-feed EPS may differ from statement EPS; the two series are not combined. Applies to Fact IDs: earn.history.depth.2026-07-29.revenue_actual, earn.history.depth.2026-07-29.revenue_estimated, earn.history.depth.2026-07-29.revenue_actual.comparison, earn.history.depth.2026-07-29.eps_actual.comparison, earn.history.depth.2026-07-29.eps_actual, earn.history.depth.2026-07-29.eps_estimated, earn.history.depth.2026-05-06.revenue_actual, earn.history.depth.2026-05-06.revenue_estimated, earn.history.depth.2026-05-06.eps_actual, earn.history.depth.2026-05-06.eps_estimated, earn.history.depth.2026-03-04.revenue_actual, earn.history.depth.2026-03-04.revenue_estimated, earn.history.depth.2026-03-04.eps_actual, earn.history.depth.2026-03-04.eps_estimated, earn.history.depth.2025-11-05.revenue_actual, earn.history.depth.2025-11-05.revenue_estimated, earn.history.depth.2025-11-05.eps_actual, earn.history.depth.2025-11-05.eps_estimated.
Published
Research standards
Methodology · Editorial policy · Corrections

Sources used for research written 2026-09-12

Historical evidence preserved with this analysis. Current figures are listed separately above.

EvidenceCaptured valueSource dateSource typeSource
Business description
Tourmaline Oil Corp. is an energy enterprise dedicated to acquiring, exploring, developing, and producing crude oil and natural gas. Its operations are concentrated within the extensive Western Canadian Sedimentary Basin. The company possesses significant interests in specific geological formations, notably the Alberta Deep Basin, the Montney play in Northeast British Columbia, and the Triassic oil complex located in the Peace River High region. Founded in 2008, Tourmaline Oil maintains its principal office in Calgary, Canada.
2026-09-12FMPFinancial Modeling Prep (FMP) company profile
Sector / industry (provider taxonomy)
Energy / Oil & Gas Exploration & Production
2026-09-12FMPFinancial Modeling Prep (FMP) company profile
Data Sources & Methodology
Figures come from Financial Modeling Prep (FMP). If FMP has no figure for a ticker, a price or fundamental may come from a Yahoo Finance fallback, or a price from an Alpaca fallback. SEC EDGAR is used only for filing links and company identity details (legal name, address), never for figures. AI analysis by Stock Expert AI proprietary algorithms. Technical indicators via industry-standard calculations. Last updated: .
Data Provenance
Sources: Financial Modeling Prep (FMP) — Primary · Yahoo Finance — Fallback · Alpaca — Tertiary
Last fetched:
Cache TTL: Quote 5min · Profile 7d · Financials 7d · Insider 48h
How we use AI: Numbers are pulled directly from FMP & Yahoo Finance — our AI writes the analysis, it never edits the figures.
Data provided as-is for educational purposes. Not financial advice. Methodology

Data provided for informational purposes only.