Tourmaline Oil Corp. (TSX:TOU)
| Market Cap | 24.42B |
| Revenue (ttm) | 4.59B |
| Net Income (ttm) | 262.67M |
| Shares Out | 388.28M |
| EPS (ttm) | 0.68 |
| PE Ratio | 92.49 |
| Forward PE | 13.35 |
| Dividend | 3.30 (5.25%) |
| Ex-Dividend Date | Mar 16, 2026 |
| Volume | 4,108,389 |
| Average Volume | 2,424,867 |
| Open | 61.00 |
| Previous Close | 59.83 |
| Day's Range | 60.25 - 63.24 |
| 52-Week Range | 56.72 - 70.57 |
| Beta | 0.33 |
| RSI | 51.82 |
| Earnings Date | May 6, 2026 |
About Tourmaline Oil
Tourmaline Oil Corp. engages in the acquisition, exploration, development, and production of petroleum 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. [Read more]
Financial Performance
In 2025, Tourmaline Oil's revenue was 4.59 billion, an increase of 5.42% compared to the previous year's 4.35 billion. Earnings were 262.67 million, a decrease of -79.22%.
Financial StatementsNews
Tourmaline Oil Earnings Call Transcript: Q4 2025
Record production and reserves growth in 2025, with significant cost reductions and a major asset sale lowering net debt. 2026 CapEx and OpEx are reduced, with flexibility to defer further spending if gas prices remain weak. Dividend maintained, with special dividends contingent on stronger pricing.
Tourmaline Oil Earnings Call Transcript: Q3 2025
Q3 2025 production and cash flow were strong despite historic low gas prices, with new storage and LNG contracts enhancing flexibility. Capital discipline remains, with up to CAD 250 million in CapEx deferral options and a focus on high-margin growth. Special and base dividends declared.
Tourmaline Oil Earnings Call Transcript: Q2 2025
Q2 2025 saw 10% production growth, strong cash flow, and a special dividend, with a robust multi-year plan targeting 850,000 BOEs/day by 2031. Infrastructure build-out and LNG agreements support future growth, while capital flexibility and hedging manage market risks.
Tourmaline Oil Earnings Call Transcript: Q1 2025
Q1 2025 saw 8% production growth, strong free cash flow, and two major Montney acquisitions. Guidance remains robust, with higher H2 2025 cash flow expected as LNG Canada comes online and natural gas prices improve.
Tourmaline Oil Earnings Call Transcript: Q4 2024
2024 net earnings reached CAD 1.3B with strong free cash flow despite weak gas prices. 2025 guidance includes higher free cash flow, a 43% dividend increase, and major infrastructure investments, with continued focus on shareholder returns and operational growth.
Tourmaline Oil Earnings Call Transcript: Q3 2024
Q3 2024 saw strong cash flow and net earnings, with production up 11% year-over-year and a special dividend declared. 2025 guidance reflects flexibility amid volatile gas prices, with a focus on capital efficiency, hedging, and growth from LNG-driven demand.
Tourmaline Oil to acquire Crew Energy for $947 million
Tourmaline Oil said on Monday it will acquire Crew Energy in a C$1.3 billion ($947.52 million) deal, which includes debt.
Tourmaline Oil Earnings Call Transcript: Q2 2024
Q2 2024 saw 13% production growth, strong free cash flow, and a 3% dividend increase. Guidance was slightly lowered due to strategic production deferrals, with 2025 expected to benefit from higher prices. Market diversification and disciplined capital allocation remain priorities.
Tourmaline Oil Earnings Call Transcript: Q1 2024
Tourmaline Oil Earnings Call Transcript: Q4 2023
Tourmaline Oil Earnings Call Transcript: Q3 2023
Tourmaline Oil to buy Bonavista Energy for $1.06 bln
Canada's Tourmaline Oil said on Monday it will acquire Bonavista Energy for C$1.45 billion ($1.06 billion).

