Analyst Activity – Scotiabank Reiterates Outperform on Tourmaline Oil Corp (TSE:TOU)

Analyst Ratings For Tourmaline Oil Corp (TSE:TOU)

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Today, Scotiabank reiterated its Outperform rating on Tourmaline Oil Corp (TSE:TOU) with a price target of C$41.00.

There are 5 buy ratings, 1 strong buy rating on the stock.

The current consensus rating on Tourmaline Oil Corp (TSE:TOU) is Buy (Score: 3.17) with a consensus target price of C$41.83 per share, a potential .

Some recent analyst ratings include

  • 3/1/2017-Scotiabank Reiterated Rating of Outperform.
  • 2/24/2017-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 Alberta Deep Basin, Sunrise/Dawson/Sundown north east British Columbia (NEBC) Montney and Peace River High Regional Charlie Lake. The Company has ownership interests in approximately nine natural gas plants in the Alberta Deep Basin, including 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 and the Ansell 1-34. The Peace River High in NEBC is focused on liquids rich natural gas in the Triassic Montney formation. In the Sunrise/Dawson complex in NEBC, the Company has drilled approximately 170 Montney multi-stage fracture-stimulated horizontal natural gas wells.

    Recent Trading Activity for Tourmaline Oil Corp (TSE:TOU)
    Shares of Tourmaline Oil Corp closed the previous trading session at 30.04 up +0.64 2.18% with 665,409 shares trading hands.

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