Tourmaline Oil Corp.

Tourmaline Oil Corp.

65.86
CAD
-0.11
(-0.17%)
1.81EPS
32.56P/E
23.04BMarket Cap
Nov 11Next Earn

Total Valuation

CAD

As of June 30, 2026, Tourmaline Oil Corp. carries a market capitalization of 23.04B, placing it among publicly traded companies globally. Its enterprise value stands at 24.36B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap23.04B
Enterprise Value24.36B

Important Dates

Tourmaline Oil Corp.'s next confirmed earnings release is scheduled for November 11, 2026.

Earnings Date11/11/2026

Share Statistics

As of June 30, 2026, Tourmaline Oil Corp. has 388.57M shares outstanding.

Shares Outstanding388.57M

Valuation Ratios

As of June 30, 2026, Tourmaline Oil Corp. trades at a trailing price-to-earnings ratio of 32.56. The price-to-sales ratio is 3.59, and the price-to-book ratio stands at 1.44.

PE Ratio32.56
PS Ratio3.59
PB Ratio1.44
P/TBV Ratio1.44
P/FCF Ratio52.02
P/OCF Ratio7.54

Enterprise Valuation

As of June 30, 2026, Tourmaline Oil Corp. trades at an EV/EBITDA multiple of 6.10 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 3.83 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 23.72 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. Tourmaline Oil Corp. trades at an EV/FCF ratio of 48.25, comparing the total takeover cost of the business to the cash it actually generates for all capital providers. These enterprise value multiples are built on an enterprise value of 24.36B versus a market cap of 23.04B, with the gap driven by net debt and cash on the balance sheet.

EV / Sales3.83
EV / EBITDA6.10
EV / EBIT23.72
EV / FCF48.25

Financial Position

As of June 30, 2026, Tourmaline Oil Corp. maintains a current ratio of 0.72, meaning it holds 0.7x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 8.24, indicating elevated leverage, while an interest coverage ratio of 47.51 demonstrates strong ability to service its debt obligations.

Current Ratio0.72
Debt / Equity8.24
Debt / EBITDA0.33
Interest Coverage47.51

Financial Efficiency

CAD

Over the twelve months ended June 30, 2026, Tourmaline Oil Corp. posted a return on equity (ROE) of 4.46, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 4.60 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 3.10, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 4.50, useful for judging operating efficiency across full business cycles. The company generates approximately 5.26M in revenue per employee across its workforce of 1,209.50, a quick read on workforce productivity versus industry peers.

Return on Equity (ROE)4.46
Return on Assets (ROA)3.10
Return on Invested Capital (ROIC)4.60
Return on Capital Employed (ROCE)4.50
Revenue Per Employee5.26M
Employee Count1,209.50

Taxes

CAD

Over the twelve months ended June 30, 2026, Tourmaline Oil Corp. recorded 219.87M in income tax expense. That works out to an effective tax rate of 23.86, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 921.45M, leaving 701.58M in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

Income Tax219.87M
Effective Tax Rate23.86

Stock Price Statistics

CAD

As of the close on October 22, 2026, Tourmaline Oil Corp.'s stock has gained approximately 7.26% over the past 52 weeks. The 50-day moving average sits at 62.38, while the 200-day moving average is 62.85.

52-Week Price Change7.26%
50-Day Moving Average62.38
200-Day Moving Average62.85

Income Statement

CAD

Over the twelve months ended June 30, 2026, Tourmaline Oil Corp. generated 6.37B in revenue and converted that into 701.58M in net income, yielding earnings per share of 1.81. EBITDA reached 3.99B, while operating income came in at 119.05M.

Revenue6.37B
Gross Profit2.68B
Operating Income119.05M
Pretax Income921.45M
Net Income701.58M
EBITDA3.99B
EBIT1.03B
Earnings Per Share (EPS)1.81

Balance Sheet

CAD

These figures are as of June 30, 2026. Total book value stands at 15.99B, with working capital of -553.51M providing operational flexibility.

Total Debt1.32B
Equity (Book Value)15.99B
Book Value Per Share41.14
Working Capital-553.51M

Cash Flow

CAD

Tourmaline Oil Corp. produced 3.03B in operating cash flow over the twelve months ended June 30, 2026. After subtracting -2.59B in capital expenditures, free cash flow totaled 440.87M - equivalent to 1.14 per share.

Operating Cash Flow3.03B
Capital Expenditures-2.59B
Free Cash Flow440.87M
FCF Per Share1.14

Margins

Over the twelve months ended June 30, 2026, Tourmaline Oil Corp. posted a gross margin of 42.14, reflecting its pricing power and cost economics. The operating margin of 1.87 and net profit margin of 11.02 provide insight into operational efficiency.

Gross Margin42.14
Operating Margin1.87
Pretax Margin14.47
Profit Margin11.02
EBITDA Margin62.70

Dividends & Yields

CAD

Over the twelve months ended June 30, 2026, Tourmaline Oil Corp. paid dividends of 2.60 per share. The dividend payout ratio of 142.94 exceeds 100%, meaning the company is distributing more than it earns and funding the dividend from cash reserves, asset sales, or borrowing, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Free cash flow yield stands at 1.92, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield reaches 4.49, combining dividends paid with share buybacks and debt reduction for a fuller picture of capital returned to Tourmaline Oil Corp. shareholders.

Dividend Per Share2.60
Payout Ratio142.94
Shareholder Yield4.49
FCF Yield1.92

Scores

As of June 30, 2026, Tourmaline Oil Corp. has an Altman Z-Score of 2.57, near the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score2.57