Analyst Activity – GMP Securities Lowers Its Price Target On Tourmaline Oil Corp (TSE:TOU) to C$50.00

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Analyst Ratings For Tourmaline Oil Corp (TSE:TOU)

Today, GMP Securities lowered its price target on Tourmaline Oil Corp (TSE:TOU) to C$50.00 per share.

There are 4 buy ratings, 1 strong buy rating on the stock.

The current consensus rating on Tourmaline Oil Corp (TSE:TOU) is Buy (Score: 3.20) with a consensus target price of C$42.72 per share, a potential .

Some recent analyst ratings include

  • 3/8/2017-Scotiabank Reiterated Rating of Outperform.
  • 3/8/2017-TD Securities Reiterated Rating of Buy.
  • 2/23/2017-Royal Bank of Canada Reiterated Rating of Outperform.


    About Tourmaline Oil Corp (TSE:TOU)
    Tourmaline Oil Corp. is a Canada-based intermediate crude oil and natural gas exploration and production company. The Company is engaged in the acquisition, exploration, development and production of petroleum and natural gas properties. The Company is focused on exploration and acquisition program in the Western Canadian Sedimentary Basin. Its core areas include the Alberta Deep Basin, north east British Columbia (NEBC) Montney and Peace River High Regional Charlie Lake. It holds interests in 13 natural gas plants in the Alberta Deep Basin, 10 of which, the Wild River 14-20, the Hinton 6-32, the Minehead 15-12, the Anderson 1-9, the Musreau 8-13, the Edson 4-17, the Ansell 1-34, the Brazeau 15-36, the Oldman 10-24 and the Sundance 15-7 are owned and operated by the Company. The Peace River High in NEBC is focused on liquids rich natural gas in the Triassic Montney formation. It has drilled approximately 200 Montney multi-stage fracture-stimulated horizontal natural gas wells in NEBC.

    Recent Trading Activity for Tourmaline Oil Corp (TSE:TOU)
    Shares of Tourmaline Oil Corp closed the previous trading session at 28.61 down -0.52 -1.79% with 618,818 shares trading hands.