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Tourmaline Oil Corp.
Buy, Hold or Sell?

Let's analyse Tourmaline Oil Corp. together

PenkeI guess you are interested in Tourmaline Oil Corp.. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Tourmaline Oil Corp.. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Tourmaline Oil Corp. (30 sec.)










What can you expect buying and holding a share of Tourmaline Oil Corp.? (30 sec.)

How much money do you get?

How much money do you get?
€1.45
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
€39.88
Expected worth in 1 year
€40.81
How sure are you?
80.8%

+ What do you gain per year?

Total Gains per Share
€2.29
Return On Investment
5.2%

For what price can you sell your share?

Current Price per Share
€44.42
Expected price per share
€40.34 - €48.55
How sure are you?
50%

1. Valuation of Tourmaline Oil Corp. (5 min.)




Live pricePrice per Share (EOD)

€44.42

Intrinsic Value Per Share

€57.77 - €67.92

Total Value Per Share

€97.65 - €107.80

2. Growth of Tourmaline Oil Corp. (5 min.)




Is Tourmaline Oil Corp. growing?

Current yearPrevious yearGrowGrow %
How rich?$14.9b$13.6b$517.7m3.6%

How much money is Tourmaline Oil Corp. making?

Current yearPrevious yearGrowGrow %
Making money$314.9m$571.7m-$256.8m-81.6%
Net Profit Margin29.1%37.6%--

How much money comes from the company's main activities?

3. Financial Health of Tourmaline Oil Corp. (5 min.)




4. Comparing to competitors in the Oil & Gas E&P industry (5 min.)




  Industry Rankings (Oil & Gas E&P)  


Richest
#21 / 360

Most Revenue
#36 / 360

Most Profit
#33 / 360

What can you expect buying and holding a share of Tourmaline Oil Corp.? (5 min.)

Welcome investor! Tourmaline Oil Corp.'s management wants to use your money to grow the business. In return you get a share of Tourmaline Oil Corp..

What can you expect buying and holding a share of Tourmaline Oil Corp.?

First you should know what it really means to hold a share of Tourmaline Oil Corp.. And how you can make/lose money.

Speculation

The Price per Share of Tourmaline Oil Corp. is €44.42. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Tourmaline Oil Corp..
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Tourmaline Oil Corp., you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is €39.88. Based on the TTM, the Book Value Change Per Share is €0.23 per quarter. Based on the YOY, the Book Value Change Per Share is €1.48 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is €0.34 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Tourmaline Oil Corp..

How much money are you going to get?

 MRQTTMYOY5Y10Y
 % of Price per Share% of Price per Share% of Price per Share% of Price per Share% of Price per Share
Usd Eps1.453.3%1.032.3%2.325.2%0.982.2%0.791.8%
Usd Book Value Change Per Share2.946.6%0.250.6%1.573.5%0.982.2%1.633.7%
Usd Dividend Per Share0.912.0%0.360.8%0.160.4%0.150.3%0.130.3%
Usd Total Gains Per Share3.858.7%0.611.4%1.733.9%1.132.5%1.764.0%
Usd Price Per Share42.76-44.85-50.63-28.45-25.45-
Price to Earnings Ratio7.39-12.56--44.76-16.83-20.60-
Price-to-Total Gains Ratio11.10-322.64--31.79-103.15-90.78-
Price to Book Ratio1.01-1.11-1.30-0.82-0.79-
Price-to-Total Gains Ratio11.10-322.64--31.79-103.15-90.78-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share47.271764
Number of shares21
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.360.15
Usd Book Value Change Per Share0.250.98
Usd Total Gains Per Share0.611.13
Gains per Quarter (21 shares)12.8223.73
Gains per Year (21 shares)51.2994.93
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1302141138285
261429226164180
3916314339246275
41228419452328370
515210524565410465
618212529678492560
721314634791574655
8243167398104656750
9273188449117738845
10304209500130820940

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share4.00.00.0100.0%11.01.00.091.7%18.02.00.090.0%24.02.00.092.3%24.02.00.092.3%
Book Value Change Per Share1.03.00.025.0%7.05.00.058.3%12.08.00.060.0%18.08.00.069.2%18.08.00.069.2%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%26.00.00.0100.0%26.00.00.0100.0%
Total Gains per Share2.02.00.050.0%8.04.00.066.7%15.05.00.075.0%21.05.00.080.8%21.05.00.080.8%

Fundamentals of Tourmaline Oil Corp.

About Tourmaline Oil Corp.

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. was incorporated in 2008 and is headquartered in Calgary, Canada.

Fundamental data was last updated by Penke on 2024-03-27 11:58:05.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating efficient.
The company is less efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is underpriced.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of Tourmaline Oil Corp..

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Tourmaline Oil Corp. earns for each €1 of revenue.

  • Above 10% is considered healthy but always compare Tourmaline Oil Corp. to the Oil & Gas E&P industry mean.
  • A Net Profit Margin of 44.4% means that €0.44 for each €1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Tourmaline Oil Corp.:

  • The MRQ is 44.4%. The company is making a huge profit. +2
  • The TTM is 29.1%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ44.4%TTM29.1%+15.3%
TTM29.1%YOY37.6%-8.5%
TTM29.1%5Y28.5%+0.6%
5Y28.5%10Y27.0%+1.5%
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
MRQ44.4%13.7%+30.7%
TTM29.1%13.3%+15.8%
YOY37.6%18.9%+18.7%
5Y28.5%-15.4%+43.9%
10Y27.0%-36.4%+63.4%
1.1.2. Return on Assets

Shows how efficient Tourmaline Oil Corp. is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Tourmaline Oil Corp. to the Oil & Gas E&P industry mean.
  • 2.4% Return on Assets means that Tourmaline Oil Corp. generated €0.02 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Tourmaline Oil Corp.:

  • The MRQ is 2.4%. Using its assets, the company is less efficient in making profit.
  • The TTM is 1.6%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ2.4%TTM1.6%+0.8%
TTM1.6%YOY2.9%-1.3%
TTM1.6%5Y1.6%-0.1%
5Y1.6%10Y1.4%+0.2%
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
MRQ2.4%1.0%+1.4%
TTM1.6%1.0%+0.6%
YOY2.9%2.1%+0.8%
5Y1.6%-1.5%+3.1%
10Y1.4%-3.3%+4.7%
1.1.3. Return on Equity

Shows how efficient Tourmaline Oil Corp. is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Tourmaline Oil Corp. to the Oil & Gas E&P industry mean.
  • 3.4% Return on Equity means Tourmaline Oil Corp. generated €0.03 for each €1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Tourmaline Oil Corp.:

  • The MRQ is 3.4%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 2.2%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ3.4%TTM2.2%+1.2%
TTM2.2%YOY4.0%-1.8%
TTM2.2%5Y2.3%-0.1%
5Y2.3%10Y1.9%+0.3%
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
MRQ3.4%2.4%+1.0%
TTM2.2%2.3%-0.1%
YOY4.0%4.4%-0.4%
5Y2.3%-3.5%+5.8%
10Y1.9%-6.7%+8.6%

1.2. Operating Efficiency of Tourmaline Oil Corp..

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Tourmaline Oil Corp. is operating .

  • Measures how much profit Tourmaline Oil Corp. makes for each €1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Tourmaline Oil Corp. to the Oil & Gas E&P industry mean.
  • An Operating Margin of 0.0% means the company generated €0.00  for each €1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Tourmaline Oil Corp.:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM17.6%-17.6%
TTM17.6%YOY45.8%-28.2%
TTM17.6%5Y39.0%-21.4%
5Y39.0%10Y37.1%+1.8%
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
MRQ-21.6%-21.6%
TTM17.6%16.4%+1.2%
YOY45.8%29.8%+16.0%
5Y39.0%-1.7%+40.7%
10Y37.1%-16.5%+53.6%
1.2.2. Operating Ratio

Measures how efficient Tourmaline Oil Corp. is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Oil & Gas E&P industry mean).
  • An Operation Ratio of 1.02 means that the operating costs are €1.02 for each €1 in net sales.

Let's take a look of the Operating Ratio trends of Tourmaline Oil Corp.:

  • The MRQ is 1.016. The company is inefficient in keeping operating costs low. -1
  • The TTM is 0.967. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ1.016TTM0.967+0.048
TTM0.967YOY0.773+0.194
TTM0.9675Y1.182-0.215
5Y1.18210Y1.162+0.020
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
MRQ1.0161.000+0.016
TTM0.9670.974-0.007
YOY0.7730.819-0.046
5Y1.1821.067+0.115
10Y1.1621.176-0.014

1.3. Liquidity of Tourmaline Oil Corp..

1.3. Liquidity
1.3.1. Current Ratio

Measures if Tourmaline Oil Corp. is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Oil & Gas E&P industry mean).
  • A Current Ratio of 0.81 means the company has €0.81 in assets for each €1 in short-term debts.

Let's take a look of the Current Ratio trends of Tourmaline Oil Corp.:

  • The MRQ is 0.813. The company is just not able to pay all its short-term debts. -1
  • The TTM is 1.010. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ0.813TTM1.010-0.197
TTM1.010YOY0.994+0.015
TTM1.0105Y0.836+0.174
5Y0.83610Y0.756+0.079
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8131.229-0.416
TTM1.0101.174-0.164
YOY0.9941.289-0.295
5Y0.8361.328-0.492
10Y0.7561.704-0.948
1.3.2. Quick Ratio

Measures if Tourmaline Oil Corp. is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Tourmaline Oil Corp. to the Oil & Gas E&P industry mean.
  • A Quick Ratio of 0.46 means the company can pay off €0.46 for each €1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Tourmaline Oil Corp.:

  • The MRQ is 0.459. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.503. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.459TTM0.503-0.044
TTM0.503YOY0.563-0.060
TTM0.5035Y0.550-0.047
5Y0.55010Y0.522+0.028
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4590.632-0.173
TTM0.5030.663-0.160
YOY0.5630.798-0.235
5Y0.5500.826-0.276
10Y0.5221.013-0.491

1.4. Solvency of Tourmaline Oil Corp..

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Tourmaline Oil Corp. assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Tourmaline Oil Corp. to Oil & Gas E&P industry mean.
  • A Debt to Asset Ratio of 0.30 means that Tourmaline Oil Corp. assets are financed with 30.3% credit (debt) and the remaining percentage (100% - 30.3%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Tourmaline Oil Corp.:

  • The MRQ is 0.303. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.273. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.303TTM0.273+0.029
TTM0.273YOY0.265+0.008
TTM0.2735Y0.276-0.003
5Y0.27610Y0.279-0.002
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3030.416-0.113
TTM0.2730.419-0.146
YOY0.2650.425-0.160
5Y0.2760.464-0.188
10Y0.2790.447-0.168
1.4.2. Debt to Equity Ratio

Measures if Tourmaline Oil Corp. is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Tourmaline Oil Corp. to the Oil & Gas E&P industry mean.
  • A Debt to Equity ratio of 43.4% means that company has €0.43 debt for each €1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Tourmaline Oil Corp.:

  • The MRQ is 0.434. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.377. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.434TTM0.377+0.057
TTM0.377YOY0.362+0.016
TTM0.3775Y0.387-0.010
5Y0.38710Y0.391-0.004
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4340.586-0.152
TTM0.3770.596-0.219
YOY0.3620.683-0.321
5Y0.3870.796-0.409
10Y0.3910.759-0.368

2. Market Valuation of Tourmaline Oil Corp.

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every €1 in earnings Tourmaline Oil Corp. generates.

  • Above 15 is considered overpriced but always compare Tourmaline Oil Corp. to the Oil & Gas E&P industry mean.
  • A PE ratio of 7.39 means the investor is paying €7.39 for every €1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Tourmaline Oil Corp.:

  • The EOD is 8.175. Based on the earnings, the company is underpriced. +1
  • The MRQ is 7.394. Based on the earnings, the company is cheap. +2
  • The TTM is 12.564. Based on the earnings, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD8.175MRQ7.394+0.780
MRQ7.394TTM12.564-5.170
TTM12.564YOY-44.759+57.323
TTM12.5645Y16.833-4.269
5Y16.83310Y20.602-3.769
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
EOD8.1752.022+6.153
MRQ7.3941.660+5.734
TTM12.5642.020+10.544
YOY-44.7591.343-46.102
5Y16.833-1.139+17.972
10Y20.602-1.089+21.691
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Tourmaline Oil Corp.:

  • The EOD is 15.189. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The MRQ is 13.740. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 11.602. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD15.189MRQ13.740+1.450
MRQ13.740TTM11.602+2.138
TTM11.602YOY9.097+2.505
TTM11.6025Y9.073+2.529
5Y9.07310Y6.979+2.094
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
EOD15.1890.096+15.093
MRQ13.7400.093+13.647
TTM11.602-0.538+12.140
YOY9.097-1.021+10.118
5Y9.073-2.322+11.395
10Y6.979-4.311+11.290
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Tourmaline Oil Corp. is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Oil & Gas E&P industry mean).
  • A PB ratio of 1.01 means the investor is paying €1.01 for each €1 in book value.

Let's take a look of the Price to Book Ratio trends of Tourmaline Oil Corp.:

  • The EOD is 1.114. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.008. Based on the equity, the company is underpriced. +1
  • The TTM is 1.112. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.114MRQ1.008+0.106
MRQ1.008TTM1.112-0.104
TTM1.112YOY1.301-0.190
TTM1.1125Y0.819+0.292
5Y0.81910Y0.791+0.028
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
EOD1.1141.076+0.038
MRQ1.0081.012-0.004
TTM1.1121.052+0.060
YOY1.3011.353-0.052
5Y0.8191.193-0.374
10Y0.7911.352-0.561
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Tourmaline Oil Corp. compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--2.7670.234+1083%1.480+87%0.917+202%1.534+80%
Book Value Per Share--39.87737.985+5%36.601+9%29.932+33%27.836+43%
Current Ratio--0.8131.010-20%0.994-18%0.836-3%0.756+8%
Debt To Asset Ratio--0.3030.273+11%0.265+14%0.276+10%0.279+9%
Debt To Equity Ratio--0.4340.377+15%0.362+20%0.387+12%0.391+11%
Dividend Per Share--0.8520.340+151%0.147+480%0.145+487%0.122+596%
Eps--1.3580.968+40%2.176-38%0.916+48%0.745+82%
Free Cash Flow Per Share--0.7311.128-35%1.330-45%0.725+1%0.725+1%
Free Cash Flow To Equity Per Share--0.9510.484+96%0.010+9559%0.061+1465%0.061+1465%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--67.923--------
Intrinsic Value_10Y_min--57.772--------
Intrinsic Value_1Y_max--4.272--------
Intrinsic Value_1Y_min--4.194--------
Intrinsic Value_3Y_max--14.766--------
Intrinsic Value_3Y_min--14.058--------
Intrinsic Value_5Y_max--27.590--------
Intrinsic Value_5Y_min--25.442--------
Market Cap15612474369.280+10%14122224677.12014813749740.640-5%16720056761.360-16%9396041882.768+50%8404662197.090+68%
Net Profit Margin--0.4440.291+52%0.376+18%0.285+56%0.270+65%
Operating Margin---0.176-100%0.458-100%0.390-100%0.371-100%
Operating Ratio--1.0160.967+5%0.773+31%1.182-14%1.162-13%
Pb Ratio1.114+10%1.0081.112-9%1.301-23%0.819+23%0.791+27%
Pe Ratio8.175+10%7.39412.564-41%-44.759+705%16.833-56%20.602-64%
Price Per Share44.420+10%40.18042.148-5%47.571-16%26.733+50%23.913+68%
Price To Free Cash Flow Ratio15.189+10%13.74011.602+18%9.097+51%9.073+51%6.979+97%
Price To Total Gains Ratio12.273+10%11.102322.636-97%-31.792+386%103.149-89%90.777-88%
Quick Ratio--0.4590.503-9%0.563-18%0.550-17%0.522-12%
Return On Assets--0.0240.016+50%0.029-19%0.016+44%0.014+69%
Return On Equity--0.0340.022+55%0.040-15%0.023+50%0.019+75%
Total Gains Per Share--3.6190.574+531%1.627+122%1.062+241%1.656+119%
Usd Book Value--14915562214.20014208007560.200+5%13690208279.800+9%11195590508.010+33%10411625667.769+43%
Usd Book Value Change Per Share--2.9450.249+1083%1.575+87%0.976+202%1.632+80%
Usd Book Value Per Share--42.43740.424+5%38.951+9%31.853+33%29.623+43%
Usd Dividend Per Share--0.9070.362+151%0.156+480%0.154+487%0.130+596%
Usd Eps--1.4461.030+40%2.316-38%0.975+48%0.793+82%
Usd Free Cash Flow--273458684.559421810122.528-35%497433206.243-45%216943173.748+26%166879364.422+64%
Usd Free Cash Flow Per Share--0.7781.200-35%1.415-45%0.772+1%0.772+1%
Usd Free Cash Flow To Equity Per Share--1.0120.515+96%0.010+9559%0.065+1465%0.065+1465%
Usd Market Cap16614795223.788+10%15028871501.39115764792473.989-5%17793484405.439-16%9999267771.642+50%8944241510.144+68%
Usd Price Per Share47.272+10%42.76044.853-5%50.625-16%28.450+50%25.448+68%
Usd Profit--508121172.952314922472.981+61%571796331.566-11%284890761.469+78%234220662.146+117%
Usd Revenue--1143906518.8571132464028.469+1%1574294517.948-27%882524603.525+30%746554758.610+53%
Usd Total Gains Per Share--3.8520.611+531%1.731+122%1.130+241%1.762+119%
 EOD+4 -4MRQTTM+21 -14YOY+15 -205Y+26 -910Y+27 -8

3.2. Fundamental Score

Let's check the fundamental score of Tourmaline Oil Corp. based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-158.175
Price to Book Ratio (EOD)Between0-11.114
Net Profit Margin (MRQ)Greater than00.444
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.459
Current Ratio (MRQ)Greater than10.813
Debt to Asset Ratio (MRQ)Less than10.303
Debt to Equity Ratio (MRQ)Less than10.434
Return on Equity (MRQ)Greater than0.150.034
Return on Assets (MRQ)Greater than0.050.024
Total4/10 (40.0%)

3.3. Technical Score

Let's check the technical score of Tourmaline Oil Corp. based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5061.366
Ma 20Greater thanMa 5042.603
Ma 50Greater thanMa 10040.375
Ma 100Greater thanMa 20040.297
OpenGreater thanClose44.420
Total3/5 (60.0%)



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in EUR. All numbers in thousands.

Summary
Total Assets20,097,375
Total Liabilities6,081,624
Total Stockholder Equity14,015,751
 As reported
Total Liabilities 6,081,624
Total Stockholder Equity+ 14,015,751
Total Assets = 20,097,375

Assets

Total Assets20,097,375
Total Current Assets1,295,406
Long-term Assets18,801,969
Total Current Assets
Net Receivables 731,057
Total Current Assets  (as reported)1,295,406
Total Current Assets  (calculated)731,057
+/- 564,349
Long-term Assets
Property Plant Equipment 17,472,296
Long Term Investments 608,028
Long-term Assets Other 2,107
Long-term Assets  (as reported)18,801,969
Long-term Assets  (calculated)18,082,431
+/- 719,538

Liabilities & Shareholders' Equity

Total Current Liabilities1,593,686
Long-term Liabilities4,487,938
Total Stockholder Equity14,015,751
Total Current Liabilities
Other Current Liabilities 38,911
Total Current Liabilities  (as reported)1,593,686
Total Current Liabilities  (calculated)38,911
+/- 1,554,775
Long-term Liabilities
Long term Debt 1,100,237
Capital Lease Obligations Min Short Term Debt26,305
Long-term Liabilities  (as reported)4,487,938
Long-term Liabilities  (calculated)1,126,542
+/- 3,361,396
Total Stockholder Equity
Retained Earnings 5,182,343
Total Stockholder Equity (as reported)14,015,751
Total Stockholder Equity (calculated)5,182,343
+/- 8,833,408
Other
Capital Stock8,487,838
Common Stock Shares Outstanding 351,351
Net Debt 1,100,237
Net Invested Capital 15,115,988
Net Working Capital -298,280
Property Plant and Equipment Gross 17,472,296



Balance Sheet

Currency in EUR. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-30
> Total Assets 
9,916,804
10,181,528
10,212,446
10,186,189
10,429,505
10,732,457
10,924,480
10,836,576
11,043,666
11,180,610
11,106,254
11,239,383
11,246,517
12,790,200
12,728,515
13,153,137
14,923,735
15,292,093
15,492,762
15,717,713
20,051,706
18,893,041
18,025,514
17,681,175
17,788,561
20,097,375
20,097,37517,788,56117,681,17518,025,51418,893,04120,051,70615,717,71315,492,76215,292,09314,923,73513,153,13712,728,51512,790,20011,246,51711,239,38311,106,25411,180,61011,043,66610,836,57610,924,48010,732,45710,429,50510,186,18910,212,44610,181,5289,916,804
   > Total Current Assets 
208,000
299,467
262,574
218,639
229,622
313,925
308,363
206,939
219,781
285,093
332,438
435,211
296,462
629,473
484,115
438,984
807,268
689,723
797,525
871,609
2,325,133
2,245,057
1,555,761
1,221,929
1,264,782
1,295,406
1,295,4061,264,7821,221,9291,555,7612,245,0572,325,133871,609797,525689,723807,268438,984484,115629,473296,462435,211332,438285,093219,781206,939308,363313,925229,622218,639262,574299,467208,000
       Cash And Cash Equivalents 
0
0
0
0
0
0
0
0
0
0
0
149,657
14,801
220,168
71,582
0
210,930
0
0
0
88,699
0
109,576
46,554
70,015
0
070,01546,554109,576088,699000210,930071,582220,16814,801149,65700000000000
       Short-term Investments 
0
0
0
0
0
0
4,523
16,587
12,677
12,128
124,016
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000124,01612,12812,67716,5874,523000000
       Net Receivables 
182,536
270,861
231,038
186,864
201,905
263,073
290,389
169,226
192,185
259,863
190,973
205,494
231,186
363,640
378,100
399,569
564,450
652,246
761,326
811,664
767,831
1,093,876
764,483
533,195
671,848
731,057
731,057671,848533,195764,4831,093,876767,831811,664761,326652,246564,450399,569378,100363,640231,186205,494190,973259,863192,185169,226290,389263,073201,905186,864231,038270,861182,536
       Other Current Assets 
11,042
17,338
20,410
10,822
9,635
0
4,523
16,587
12,677
0
124,016
61,920
32,190
23,074
15,516
8,114
8,301
11,202
10,979
8,924
1,427,349
1,087,309
0
537,197
450,673
0
0450,673537,19701,087,3091,427,3498,92410,97911,2028,3018,11415,51623,07432,19061,920124,016012,67716,5874,52309,63510,82220,41017,33811,042
   > Long-term Assets 
0
0
0
0
0
0
10,616,117
10,629,637
10,823,885
10,895,517
10,773,816
10,804,172
10,950,055
12,160,727
12,244,400
12,714,153
14,116,467
14,602,370
14,695,237
14,846,104
17,726,573
16,647,984
16,469,753
16,459,246
16,523,779
18,801,969
18,801,96916,523,77916,459,24616,469,75316,647,98417,726,57314,846,10414,695,23714,602,37014,116,46712,714,15312,244,40012,160,72710,950,05510,804,17210,773,81610,895,51710,823,88510,629,63710,616,117000000
       Property Plant Equipment 
9,689,826
9,861,025
9,926,650
9,944,118
10,171,515
10,403,416
10,607,387
10,619,033
10,813,621
10,887,677
10,735,124
10,785,849
10,940,368
12,153,584
12,235,037
11,849,981
13,366,198
13,844,285
13,945,086
14,081,091
14,544,674
14,803,994
15,079,800
15,055,960
15,239,005
17,472,296
17,472,29615,239,00515,055,96015,079,80014,803,99414,544,67414,081,09113,945,08613,844,28513,366,19811,849,98112,235,03712,153,58410,940,36810,785,84910,735,12410,887,67710,813,62110,619,03310,607,38710,403,41610,171,5159,944,1189,926,6509,861,0259,689,826
       Long Term Investments 
13,430
14,729
0
0
0
9,551
3,353
5,413
5,259
3,021
34,059
0
0
0
0
858,509
745,189
745,924
736,810
749,989
655,799
648,229
637,154
627,109
616,469
608,028
608,028616,469627,109637,154648,229655,799749,989736,810745,924745,189858,509000034,0593,0215,2595,4133,3539,55100014,72913,430
       Long-term Assets Other 
0
0
0
0
0
0
5,377
5,191
5,005
4,819
4,633
4,447
4,261
4,758
4,512
4,266
4,020
3,773
3,527
3,281
3,034
2,788
2,608
2,427
2,247
2,107
2,1072,2472,4272,6082,7883,0343,2813,5273,7734,0204,2664,5124,7584,2614,4474,6334,8195,0055,1915,377000000
> Total Liabilities 
2,829,549
2,965,771
2,881,658
2,823,385
3,029,760
3,161,077
3,285,943
3,069,230
3,290,070
3,214,021
3,210,494
3,230,494
3,252,018
3,513,662
3,248,819
3,626,616
4,294,977
3,685,741
4,013,853
3,940,986
5,536,919
5,206,188
4,827,527
4,534,526
4,745,424
6,081,624
6,081,6244,745,4244,534,5264,827,5275,206,1885,536,9193,940,9864,013,8533,685,7414,294,9773,626,6163,248,8193,513,6623,252,0183,230,4943,210,4943,214,0213,290,0703,069,2303,285,9433,161,0773,029,7602,823,3852,881,6582,965,7712,829,549
   > Total Current Liabilities 
560,068
518,635
495,269
410,755
641,309
542,328
580,863
366,419
369,248
438,080
498,105
323,041
466,951
517,729
733,707
740,443
1,399,004
1,050,757
1,561,826
1,405,025
1,812,018
1,435,608
1,394,098
998,612
1,425,949
1,593,686
1,593,6861,425,949998,6121,394,0981,435,6081,812,0181,405,0251,561,8261,050,7571,399,004740,443733,707517,729466,951323,041498,105438,080369,248366,419580,863542,328641,309410,755495,269518,635560,068
       Short-term Debt 
1,422,046
183
1,416,632
1,407,824
0
20
3,814
0
0
354
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000354003,8142001,407,8241,416,6321831,422,046
       Short Long Term Debt 
1,422,046
183
1,416,632
1,407,824
0
20
3,814
0
0
354
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000354003,8142001,407,8241,416,6321831,422,046
       Accounts payable 
547,070
484,613
449,152
338,651
561,947
520,681
549,125
350,453
360,892
412,343
475,443
289,846
417,957
450,510
635,801
520,696
618,408
775,485
940,216
830,436
1,003,514
1,012,542
1,014,133
633,196
912,860
0
0912,860633,1961,014,1331,012,5421,003,514830,436940,216775,485618,408520,696635,801450,510417,957289,846475,443412,343360,892350,453549,125520,681561,947338,651449,152484,613547,070
       Other Current Liabilities 
12,998
33,839
46,117
72,104
79,362
21,627
27,924
13,118
6,780
22,659
20,606
31,042
47,321
54,371
95,497
216,526
771,063
272,275
618,662
571,701
805,403
419,957
160,750
338,260
507,838
38,911
38,911507,838338,260160,750419,957805,403571,701618,662272,275771,063216,52695,49754,37147,32131,04220,60622,6596,78013,11827,92421,62779,36272,10446,11733,83912,998
   > Long-term Liabilities 
0
0
0
0
0
0
2,705,080
2,702,811
2,920,822
2,775,941
2,712,389
2,907,453
2,785,067
2,995,933
2,515,112
2,886,173
2,895,973
2,634,984
2,452,027
2,535,961
3,724,901
3,770,580
3,433,429
3,535,914
3,319,475
4,487,938
4,487,9383,319,4753,535,9143,433,4293,770,5803,724,9012,535,9612,452,0272,634,9842,895,9732,886,1732,515,1122,995,9332,785,0672,907,4532,712,3892,775,9412,920,8222,702,8112,705,080000000
       Capital Lease Obligations 
0
0
0
0
0
0
11,979
13,059
11,878
10,879
9,842
9,488
9,394
12,175
11,248
11,399
11,803
11,169
10,799
10,854
10,738
10,155
12,787
12,771
25,525
26,305
26,30525,52512,77112,78710,15510,73810,85410,79911,16911,80311,39911,24812,1759,3949,4889,84210,87911,87813,05911,979000000
       Long-term Liabilities Other 
0
0
0
0
0
0
36,105
25,322
13,479
25,571
40,992
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000040,99225,57113,47925,32236,105000000
> Total Stockholder Equity
7,059,931
7,187,941
7,302,906
7,334,570
7,371,237
7,543,312
7,610,504
7,739,347
7,725,656
7,785,018
7,718,658
7,735,839
7,716,241
8,809,095
9,019,058
9,526,521
10,628,758
11,606,352
11,478,909
11,776,727
14,514,787
13,686,853
13,197,987
13,146,649
13,043,137
14,015,751
14,015,75113,043,13713,146,64913,197,98713,686,85314,514,78711,776,72711,478,90911,606,35210,628,7589,526,5219,019,0588,809,0957,716,2417,735,8397,718,6587,785,0187,725,6567,739,3477,610,5047,543,3127,371,2377,334,5707,302,9067,187,9417,059,931
   Common Stock
5,855,618
5,886,709
5,886,703
5,909,664
5,909,664
5,909,664
5,909,852
5,909,852
5,905,008
5,886,977
5,882,163
5,882,163
5,882,589
6,328,115
6,334,435
6,377,116
7,441,460
7,482,534
7,589,332
7,644,008
7,699,349
7,725,189
0
7,746,667
7,782,998
0
07,782,9987,746,66707,725,1897,699,3497,644,0087,589,3327,482,5347,441,4606,377,1166,334,4356,328,1155,882,5895,882,1635,882,1635,886,9775,905,0085,909,8525,909,8525,909,6645,909,6645,909,6645,886,7035,886,7095,855,618
   Retained Earnings 
991,676
1,079,755
1,187,657
1,188,809
1,217,002
1,380,593
1,441,099
1,563,393
1,546,523
1,610,631
1,542,300
1,555,327
1,530,844
2,173,828
2,374,244
2,844,728
2,902,829
3,839,529
3,619,733
3,864,823
6,549,530
5,673,330
5,161,330
5,075,093
4,921,275
5,182,343
5,182,3434,921,2755,075,0935,161,3305,673,3306,549,5303,864,8233,619,7333,839,5292,902,8292,844,7282,374,2442,173,8281,530,8441,555,3271,542,3001,610,6311,546,5231,563,3931,441,0991,380,5931,217,0021,188,8091,187,6571,079,755991,676
   Capital Surplus 00000000000000000000000000
   Treasury Stock00000000000000000000000000
   Other Stockholders Equity 00000000000000000000000000



Balance Sheet

Currency in EUR. All numbers in thousands.




Cash Flow

Currency in CAD. All numbers in thousands.




Income Statement

Currency in CAD. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue6,242,240
Cost of Revenue-1,971,869
Gross Profit4,270,3714,270,371
 
Operating Income (+$)
Gross Profit4,270,371
Operating Expense-3,980,070
Operating Income2,262,170290,301
 
Operating Expense (+$)
Research Development-
Selling General Administrative178,524
Selling And Marketing Expenses-
Operating Expense3,980,070178,524
 
Net Interest Income (+$)
Interest Income-
Interest Expense-38,187
Other Finance Cost-0
Net Interest Income-38,187
 
Pretax Income (+$)
Operating Income2,262,170
Net Interest Income-38,187
Other Non-Operating Income Expenses-
Income Before Tax (EBT)2,179,3742,306,779
EBIT - interestExpense = -38,187
1,735,880
1,774,067
Interest Expense38,187
Earnings Before Interest and Taxes (EBIT)-2,217,561
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax2,179,374
Tax Provision-443,494
Net Income From Continuing Ops1,735,8801,735,880
Net Income1,735,880
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net-44,60938,187
 

Technical Analysis of Tourmaline Oil Corp.
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Tourmaline Oil Corp.. The general trend of Tourmaline Oil Corp. is BULLISH with 71.4% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Tourmaline Oil Corp.'s overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (71.4%) Bearish trend (-71.4%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Tourmaline Oil Corp..

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 46.71 < 48.34 < 48.55.

The bearish price targets are: 41.86 > 41.58 > 40.34.

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Tourmaline Oil Corp. Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Tourmaline Oil Corp.. The current mas is .

The long score for the Moving Averages is 12/14.
The longshort score for the Moving Averages is 10/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Tourmaline Oil Corp. Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Tourmaline Oil Corp.. The current macd is 1.25382652.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Tourmaline Oil Corp. price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Tourmaline Oil Corp.. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Tourmaline Oil Corp. price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Tourmaline Oil Corp. Daily Moving Average Convergence/Divergence (MACD) ChartTourmaline Oil Corp. Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Tourmaline Oil Corp.. The current adx is 25.34.

The long score for the Directional Movement Index (DMI) is 3/7.
The longshort score for the Directional Movement Index (DMI) is 3/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Tourmaline Oil Corp. shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bullish trend. The ADX is declining, the bullish trend is weakening. Could be a potential reversal to the downside. +2
Tourmaline Oil Corp. Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Tourmaline Oil Corp.. The current sar is 42.63.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Tourmaline Oil Corp. Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Tourmaline Oil Corp.. The current rsi is 61.37. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 3/13.
The longshort score for the Relative Strength Index (RSI) is 2/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending down: The RSI is trending down. -1
Tourmaline Oil Corp. Daily Relative Strength Index (RSI) ChartTourmaline Oil Corp. Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Tourmaline Oil Corp.. The current phase is Continuation in bull market.

The long score for the Stochastic Oscillator is 1/6.
The longshort score for the Stochastic Oscillator is -2/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Tourmaline Oil Corp. price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Tourmaline Oil Corp. Daily Stochastic Oscillator ChartTourmaline Oil Corp. Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Tourmaline Oil Corp.. The current cci is 83.92.

Tourmaline Oil Corp. Daily Commodity Channel Index (CCI) ChartTourmaline Oil Corp. Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Tourmaline Oil Corp.. The current cmo is 21.04.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Tourmaline Oil Corp. Daily Chande Momentum Oscillator (CMO) ChartTourmaline Oil Corp. Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Tourmaline Oil Corp.. The current willr is -24.02234637.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Tourmaline Oil Corp. is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Tourmaline Oil Corp. Daily Williams %R ChartTourmaline Oil Corp. Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Tourmaline Oil Corp..

Tourmaline Oil Corp. Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Tourmaline Oil Corp.. The current atr is 0.67960792.

Tourmaline Oil Corp. Daily Average True Range (ATR) ChartTourmaline Oil Corp. Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Tourmaline Oil Corp.. The current obv is 2,345.

Tourmaline Oil Corp. Daily On-Balance Volume (OBV) ChartTourmaline Oil Corp. Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Tourmaline Oil Corp.. The current mfi is 51.34.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
Tourmaline Oil Corp. Daily Money Flow Index (MFI) ChartTourmaline Oil Corp. Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Tourmaline Oil Corp..

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-22 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-24 00:00:00SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-28 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-01 00:00:00RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-05 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-06 00:00:00CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-07 00:00:00ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-08 00:00:00SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-11 00:00:00SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-12-12 00:00:00SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-13 00:00:00BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-14 00:00:00RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-15 00:00:00SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-12-18 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-19 00:00:00RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2023-12-20 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-22 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-12-29 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-02 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-03 00:00:00CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-04 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-05 00:00:00CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-08 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-10 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-11 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-15 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-16 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-17 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-22 00:00:00MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-23 00:00:00ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-24 00:00:00ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-26 00:00:00SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-29 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-30 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-01 00:00:00MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-05 00:00:00CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-06 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-07 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-08 00:00:00ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-09 00:00:00MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-12 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-13 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-14 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-16 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-19 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-02-21 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-22 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-26 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-27 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-01 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-04 00:00:00ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-05 00:00:00MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-06 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-07 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-08 00:00:00ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-12 00:00:00CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-13 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-18 00:00:00CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-19 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-21 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-22 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-25 00:00:00CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-26 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-28 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-02 00:00:00BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-03 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-04-04 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-08 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-09 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-10 00:00:00BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-11 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-12 00:00:00RSI SHORT ENTRY LONG CLOSE70 crossover to downside

6.3. Candlestick Patterns

Tourmaline Oil Corp. Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Tourmaline Oil Corp. based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5061.366
Ma 20Greater thanMa 5042.603
Ma 50Greater thanMa 10040.375
Ma 100Greater thanMa 20040.297
OpenGreater thanClose44.420
Total3/5 (60.0%)
Penke

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