Tourmaline Oil Corp Stock Performance
| TOU Stock | CAD 67.63 0.19 0.28% |
Tourmaline Oil has a performance score of 6 on a scale of 0 to 100. The entity has a beta of 0.29, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Tourmaline Oil's returns are expected to increase less than the market. However, during the bear market, the loss of holding Tourmaline Oil is expected to be smaller as well. Tourmaline Oil Corp right now has a risk of 1.72%. Please validate Tourmaline Oil skewness, and the relationship between the potential upside and rate of daily change , to decide if Tourmaline Oil will be following its existing price patterns.
Risk-Adjusted Performance
6 of 100
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Tourmaline Oil Corp are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating basic indicators, Tourmaline Oil may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
Forward Dividend Yield 0.0214 | Payout Ratio 0.4402 | Forward Dividend Rate 1.4 | Dividend Date 2024-11-26 | Ex Dividend Date 2024-11-15 |
1 | Crew Energy Inc. Announces Completion of Acquisition By Tourmaline Oil Corp. - GlobeNewswire | 10/01/2024 |
| Begin Period Cash Flow | 88.7 M |
Tourmaline |
Tourmaline Oil Relative Risk vs. Return Landscape
If you would invest 6,237 in Tourmaline Oil Corp on August 24, 2024 and sell it today you would earn a total of 526.00 from holding Tourmaline Oil Corp or generate 8.43% return on investment over 90 days. Tourmaline Oil Corp is generating 0.1431% of daily returns assuming 1.7205% volatility of returns over the 90 days investment horizon. Simply put, 15% of all stocks have less volatile historical return distribution than Tourmaline Oil, and 98% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Tourmaline Oil Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tourmaline Oil's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Tourmaline Oil Corp, and traders can use it to determine the average amount a Tourmaline Oil's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0832
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| Cash | Small Risk | TOU | High Risk | Huge Risk |
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Estimated Market Risk
| 1.72 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Tourmaline Oil is performing at about 6% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Tourmaline Oil by adding it to a well-diversified portfolio.
Tourmaline Oil Fundamentals Growth
Tourmaline Stock prices reflect investors' perceptions of the future prospects and financial health of Tourmaline Oil, and Tourmaline Oil fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Tourmaline Stock performance.
| Return On Equity | 0.11 | ||||
| Return On Asset | 0.0625 | ||||
| Profit Margin | 0.35 % | ||||
| Operating Margin | 0.53 % | ||||
| Current Valuation | 24.73 B | ||||
| Shares Outstanding | 371.51 M | ||||
| Price To Earning | 35.45 X | ||||
| Price To Book | 1.72 X | ||||
| Price To Sales | 5.62 X | ||||
| Revenue | 5.65 B | ||||
| Gross Profit | 5.37 B | ||||
| EBITDA | 3.58 B | ||||
| Net Income | 1.74 B | ||||
| Cash Per Share | 0.06 X | ||||
| Total Debt | 1.13 B | ||||
| Debt To Equity | 0.04 % | ||||
| Current Ratio | 0.62 X | ||||
| Book Value Per Share | 40.07 X | ||||
| Cash Flow From Operations | 4.41 B | ||||
| Earnings Per Share | 4.43 X | ||||
| Market Capitalization | 25.2 B | ||||
| Total Asset | 20.48 B | ||||
| Retained Earnings | 5.18 B | ||||
| Working Capital | (298.28 M) | ||||
| Current Asset | 230.07 M | ||||
| Current Liabilities | 477.46 M | ||||
About Tourmaline Oil Performance
By examining Tourmaline Oil's fundamental ratios, stakeholders can obtain critical insights into Tourmaline Oil's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Tourmaline Oil is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 1.82 | 1.91 | |
| Return On Tangible Assets | 0.08 | 0.09 | |
| Return On Capital Employed | 0.12 | 0.12 | |
| Return On Assets | 0.08 | 0.09 | |
| Return On Equity | 0.12 | 0.13 |
Things to note about Tourmaline Oil Corp performance evaluation
Checking the ongoing alerts about Tourmaline Oil for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Tourmaline Oil Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Tourmaline Oil Corp is unlikely to experience financial distress in the next 2 years | |
| Tourmaline Oil Corp has accumulated 1.13 B in total debt with debt to equity ratio (D/E) of 0.04, which may suggest the company is not taking enough advantage from borrowing. Tourmaline Oil Corp has a current ratio of 0.61, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Tourmaline Oil until it has trouble settling it off, either with new capital or with free cash flow. So, Tourmaline Oil's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Tourmaline Oil Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Tourmaline to invest in growth at high rates of return. When we think about Tourmaline Oil's use of debt, we should always consider it together with cash and equity. |
- Analyzing Tourmaline Oil's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Tourmaline Oil's stock is overvalued or undervalued compared to its peers.
- Examining Tourmaline Oil's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Tourmaline Oil's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Tourmaline Oil's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Tourmaline Oil's stock. These opinions can provide insight into Tourmaline Oil's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Tourmaline Stock
Tourmaline Oil financial ratios help investors to determine whether Tourmaline Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Tourmaline with respect to the benefits of owning Tourmaline Oil security.