Tourmaline Financial Statements From 2010 to 2024

Stocks . Canada . 
Stock . Tourmaline Oil Corp
TOU Stock  CAD 66.08  0.09  0.14%   
Tourmaline Oil financial statements provide useful quarterly and yearly information to potential Tourmaline Oil Corp investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Tourmaline Oil financial statements helps investors assess Tourmaline Oil's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Tourmaline Oil's valuation are summarized below:
Gross Profit
5.4 B
Profit Margin
0.3475
Market Capitalization
24.5 B
Enterprise Value Revenue
4.3651
Revenue
4.5 B
We have found one hundred twenty available fundamental trend indicators for Tourmaline Oil Corp, which can be analyzed and compared to other ratios and to its competition. Self-guided Investors are advised to double-check Tourmaline Oil's current fundamentals against the trend between 2010 and 2024 to make sure the company can sustain itself down the road. As of the 30th of November 2024, Market Cap is likely to grow to about 21.3 B. Also, Enterprise Value is likely to grow to about 22.5 B

Tourmaline Oil Total Revenue

5.93 Billion

Check Tourmaline Oil financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tourmaline Oil's main balance sheet or income statement drivers, such as Depreciation And Amortization of 715.5 M, Interest Expense of 31.4 M or Selling General Administrative of 330 M, as well as many indicators such as Price To Sales Ratio of 3.42, Dividend Yield of 0.12 or PTB Ratio of 1.46. Tourmaline financial statements analysis is a perfect complement when working with Tourmaline Oil Valuation or Volatility modules.
  
This module can also supplement various Tourmaline Oil Technical models . Check out the analysis of Tourmaline Oil Correlation against competitors.

Tourmaline Oil Balance Sheet

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Total Assets21.5 B20.5 B10.4 B
Slightly volatile
Other Current Liabilities112.1 M83.9 M90.7 M
Slightly volatile
Total Current Liabilities1.7 B1.6 B686.8 M
Slightly volatile
Total Stockholder Equity7.2 B14 B6.9 B
Slightly volatile
Property Plant And Equipment Net9.2 B17.5 B8.8 B
Slightly volatile
Non Current Assets Total9.5 B18.8 B9.1 B
Slightly volatile
Net Receivables767.6 M731.1 M353.9 M
Slightly volatile
Common Stock Total Equity4.4 B7.3 B4.7 B
Slightly volatile
Common Stock Shares Outstanding252.3 M345.4 M238 M
Slightly volatile
Short Term Investments16.1 M13.9 M14.2 M
Pretty Stable
Liabilities And Stockholders Equity21.5 B20.5 B10.4 B
Slightly volatile
Non Current Liabilities Total5.1 B4.9 B2.3 B
Slightly volatile
Other Current Assets592.6 M564.3 M176.1 M
Slightly volatile
Other Stockholder Equity197.5 M345.6 M192.2 M
Slightly volatile
Total Liabilities6.8 B6.5 B3 B
Slightly volatile
Property Plant And Equipment Gross10.1 B17.5 B9.8 B
Slightly volatile
Total Current Assets1.4 B1.3 B577.3 M
Slightly volatile
Short Term Debt5.5 M5.8 M11.5 M
Very volatile
Common Stock5.3 B8.5 B5 B
Slightly volatile
Short and Long Term Debt Total1.2 B1.1 B1 B
Slightly volatile
Accounts Payable605.3 M1.1 B531.4 M
Slightly volatile
Non Currrent Assets Other2 M2.1 M84.4 M
Slightly volatile
Other Liabilities3.8 B3.6 B1.3 B
Slightly volatile
Net Tangible Assets8.4 B15.7 B7.4 B
Slightly volatile
Other Assets405.2 M385.9 M137 M
Slightly volatile
Long Term Debt1.3 B1.1 B1.1 B
Slightly volatile
Short and Long Term Debt302.7 K318.6 K397 M
Slightly volatile
Property Plant Equipment10.9 B17 B9.4 B
Slightly volatile
Long Term Debt Total1.1 B563.5 M1.2 B
Slightly volatile
Capital Surpluse275.4 M331.6 M231.3 M
Slightly volatile
Non Current Liabilities Other17.8 M23 M29.9 M
Slightly volatile
Net Invested Capital12.5 B15.1 B10.2 B
Slightly volatile
Capital Stock7.7 B8.5 B6.5 B
Slightly volatile
Capital Lease Obligations15.6 M26.3 M12.3 M
Slightly volatile

Tourmaline Oil Income Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization715.5 M1.3 B689.7 M
Slightly volatile
Interest Expense31.4 M38.2 M30.6 M
Slightly volatile
Selling General Administrative330 M178.5 M321.3 M
Slightly volatile
Total Revenue5.9 B5.7 B2.6 B
Slightly volatile
Gross Profit1.4 B2.4 B1.4 B
Slightly volatile
Other Operating Expenses3.6 B3.4 B1.7 B
Slightly volatile
EBITDA3.7 B3.5 B1.8 B
Slightly volatile
Cost Of Revenue3.4 B3.2 B1.1 B
Slightly volatile
Total Operating Expenses169.6 M178.5 M544 M
Slightly volatile
Selling And Marketing Expenses50.4 M43.2 M55.1 M
Very volatile
Interest Income36.9 M26.9 M42.1 M
Very volatile
Reconciled Depreciation1.1 B1.3 B893.5 M
Slightly volatile

Tourmaline Oil Cash Flow Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation52.8 M50.3 M22.6 M
Slightly volatile
Depreciation701.6 M1.3 B676.1 M
Slightly volatile
Capital Expenditures1.5 B2.7 B1.4 B
Slightly volatile
Dividends Paid2.3 B2.2 B591.9 M
Slightly volatile
Issuance Of Capital Stock54.5 M57.4 M103.5 M
Slightly volatile

Financial Ratios

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio3.423.59597.2295
Slightly volatile
Dividend Yield0.120.10960.0429
Slightly volatile
PTB Ratio1.461.44991.3168
Slightly volatile
Days Sales Outstanding90.9847.217182.0532
Slightly volatile
Book Value Per Share20.8141.100126.5409
Slightly volatile
Stock Based Compensation To Revenue0.00850.00890.0162
Slightly volatile
Capex To Depreciation3.732.06533.4584
Slightly volatile
PB Ratio1.461.44991.3168
Slightly volatile
EV To Sales3.613.79527.4679
Slightly volatile
Payables Turnover3.062.91531.7451
Slightly volatile
Sales General And Administrative To Revenue0.030.03160.1399
Very volatile
Capex To Revenue0.460.48341.5326
Slightly volatile
Payout Ratio1.351.28280.4242
Slightly volatile
Days Payables Outstanding119125281
Slightly volatile
Current Ratio0.920.81280.8517
Very volatile
Tangible Book Value Per Share21.3441.100127.2395
Slightly volatile
Receivables Turnover4.887.73026.1883
Slightly volatile
Graham Number72.0468.609736.5166
Slightly volatile
Shareholders Equity Per Share20.6241.100126.3021
Slightly volatile
Debt To Equity0.07460.07850.1437
Very volatile
Capex Per Share4.668.01145.9421
Very volatile
Revenue Per Share17.416.57188.8534
Slightly volatile
Interest Debt Per Share3.023.33833.9709
Slightly volatile
Debt To Assets0.0520.05470.1017
Very volatile
Enterprise Value Over EBITDA5.786.083611.6211
Slightly volatile
Short Term Coverage Ratios7711.4 K657
Slightly volatile
Price Book Value Ratio1.461.44991.3168
Slightly volatile
Days Of Payables Outstanding119125281
Slightly volatile
Dividend Payout Ratio1.351.28280.4242
Slightly volatile
Company Equity Multiplier1.091.43391.357
Pretty Stable
Long Term Debt To Capitalization0.140.07280.1265
Very volatile
Total Debt To Capitalization0.140.07280.1266
Very volatile
Debt Equity Ratio0.07460.07850.1437
Very volatile
Quick Ratio0.971.26430.8931
Very volatile
Net Income Per E B T0.610.79650.7571
Pretty Stable
Days Of Sales Outstanding90.9847.217182.0532
Slightly volatile
Cash Flow Coverage Ratios4.24.00472.0757
Slightly volatile
Price To Book Ratio1.461.44991.3168
Slightly volatile
Fixed Asset Turnover0.170.32340.2115
Slightly volatile
Enterprise Value Multiple5.786.083611.6211
Slightly volatile
Debt Ratio0.0520.05470.1017
Very volatile
Cash Flow To Debt Ratio4.24.00472.0757
Slightly volatile
Price Sales Ratio3.423.59597.2295
Slightly volatile
Asset Turnover0.150.28120.1914
Slightly volatile
Gross Profit Margin0.580.43190.5256
Pretty Stable
Price Fair Value1.461.44991.3168
Slightly volatile

Tourmaline Oil Valuation Data

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Market Cap21.3 B20.3 B9.3 B
Slightly volatile
Enterprise Value22.5 B21.4 B10.3 B
Slightly volatile

Tourmaline Fundamental Market Drivers

Forward Price Earnings12.3305

About Tourmaline Oil Financial Statements

Tourmaline Oil investors utilize fundamental indicators, such as revenue or net income, to predict how Tourmaline Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue463.1 M486.2 M
Total Revenue5.7 B5.9 B
Cost Of Revenue3.2 B3.4 B
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.03  0.03 
Capex To Revenue 0.48  0.46 
Revenue Per Share 16.57  17.40 
Ebit Per Revenue 0.40  0.42 

Pair Trading with Tourmaline Oil

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Tourmaline Oil position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Tourmaline Oil will appreciate offsetting losses from the drop in the long position's value.

Moving together with Tourmaline Stock

  0.79ENB-PFV Enbridge Pref 5PairCorr
  0.64ENB-PFC Enbridge Pref 11PairCorr
  0.65ENB-PFU Enbridge Pref LPairCorr
  0.68ENS E Split CorpPairCorr
  0.7ENS-PA E Split CorpPairCorr

Moving against Tourmaline Stock

  0.51SAGE Sage Potash CorpPairCorr
  0.4SCD Scandium CanadaPairCorr
The ability to find closely correlated positions to Tourmaline Oil could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tourmaline Oil when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Tourmaline Oil - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Tourmaline Oil Corp to buy it.
The correlation of Tourmaline Oil is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Tourmaline Oil moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tourmaline Oil Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Tourmaline Oil can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

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.
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Profit & Loss
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Cash Flow
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Valuation
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